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Preview: Birmingham Commercial Real Estate News From CoStar Group

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


Engle Realty Co. Assigns Three New Principals in Birmingham

Fri, 21 Oct 2016 08:47:17 GMT

Birmingham, LA-based Engel Realty has assigned three new principals. Each of the new leaders were currently working with Johnson, a commercial branch of Engle Realty at the time of their promotions. Michael Johnson has been promoted to vice president and principal at the company with his primary focus to be commercial distribution. Michael Spiker has been named as the executive vice president and principal, and will center his efforts on multifamily...

CoStar's People of Note (Oct. 21)

Fri, 21 Oct 2016 08:00:00 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: Seattle, Los Angeles, Boston, Atlanta, Philadelphia, Chicago, Dallas / Ft. Worth, Minneapolis, San Diego, Inland Empire, Baltimore, Kansas City, New York City, Houston, Orange County, Denver, and Detroit / Grand Rapids. SEATTLE KM Frames Independent Future with New...

150,000-SF Manufacturing Plant Coming to Bibb County

Tue, 18 Oct 2016 02:30:51 GMT

MollerTech, a German automotive supplier, is set to break ground on a 150,000-square-foot manufacturing facility in Woodstock, AL. The $46.3 million plant will be located in the Scott G. Davis Industrial Park in Bibb County and will serve to manufacture interior parts for new model Mercedes-Benz SUVs. The project is expected to deliver late 2019. This facility marks the third MollerTech location in the U.S. The company also has plants in Michigan...

Walmart Delivers a New Store in Huntsville

Fri, 14 Oct 2016 08:42:48 GMT

Walmart, one of the world’s largest retailers opened a new store in Huntsville, AL. The construction of the new Walmart location was completed and the store's grand opening was October 5, 2016. The store is located at 2305 Jordan Ln. and measures 42,883 square feet. In addition, this Walmart will offer a gas station, deli, and a pharmacy with a drive-thru. The opening of this location offered 95 part-time and full-time positions to local...

Industrial Park in Birmingham Sells For $11.4M

Fri, 14 Oct 2016 02:49:22 GMT

Mill Management, Inc., based in Greenwich, CT, sold the Airport Highway Industrial Park in Birmingham, AL to Benerofe Properties Corp. for $11.4 million, or about $36 per square foot. The deal totals 312,398 square feet and includes six industrial buildings located at 3636 7th Ave. N., 608 37th St. N., 620 37th St. N., 505 36th St. N., 501 36th St. N., and 516 36th St. N. The park was constructed between 1970 and 1985. The properties were 100%...