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Alabama Commercial Real Estate News From CoStar Group



CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of



 



Hollingsworth Breaks Ground on Second Industrial Building in Huntsville's SouthPoint Business Park

Fri, 21 Jul 2017 06:55:49 GMT

The Hollingsworth Cos. recently started construction on its sixth industrial property in the SouthPoint Business Park and the second it has started within the last two months. The 108,960-square-foot steel warehouse-distribution building will feature a 32' clear ceiling height and LED lighting. The developer said the new building will serve as a replacement for another building that was leased early this month after HDT, a current tenant at the...



CoStar's People of Note (July 21) - Cushman Chooses Gorelick, Brixmor Brings on Brown, Avison Adds Kreider...

Fri, 21 Jul 2017 01:29:57 GMT

It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Raleigh / Durham, Atlanta, Charlotte and St. Louis. NEW YORK CITY Cushman & Wakefield Taps Gorelick as Executive Managing Director, Head of Retail for the Americas By Justin Sumner New York City Firm Invests $70.5 Million in Midtown Mobile Multifamily Market

Tue, 18 Jul 2017 01:52:16 GMT

The Lightstone Group, a New York City-based private real estate company that operates a $2 billion commercial real estate portfolio, has added 1,329 apartments to its multifamily holdings after finalizing a deal with Mississauga, Ontario-based Morguard North American Residential REIT (TSX: MRG.UN) to acquire three communities in the Midtown area of Mobile, AL for $70.5 million, or approximately $53,000 per unit. The 1.5 million-square-foot portfolio...