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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



 



CoStar's People of Note (Jan. 13) Unilev Selects COO, Executive Managing Directors Added at Savills Studley and Newmark -- UPDATE

Fri, 13 Jan 2017 09:00:00 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: Houston, Phoenix / Tucson, San Francisco, Atlanta, Austin, Detroit / Grand Rapids, Philadelphia, Charlotte, Denver and East Bay.   BREAKING NEWS!  Ludeman Takes on Additional Role as Head of US Office Sales for CBREGlobal Pr



Industrial Site Facing Birmingham Railroad Park Sells for $3.7 Million

Fri, 06 Jan 2017 02:56:37 GMT

An industrial block directly facing Railroad Park traded between private entities KPC Realty LLC and Parkside District Ventures LLC for $3.7 million. Located at 1601-1631 1st Ave. South in Birmingham's Southside submarket, the 1.28-acre site houses four existing industrial buildings that will be torn down for redevelopment. The site is in a prime location, across the street from both the new $30 million LIV Parkside mixed-use development and...



Griffin Capital Acquires 669,000-SF Colonnade Office Campus in Birmingham

Thu, 05 Jan 2017 08:14:00 GMT

Griffin Capital Essential Asset REIT II, Inc., an El Segundo, CA-based non-traded REIT focused primarily on single tenant assets, has acquired the Colonnade Office Towers at 3535 Colonnade Pky. in Birmingham, AL from a subsidiary of Zurich Alternate Asset Management for $132 million, or roughly $197 per square foot. The office towers total 669,440 square feet and are fully leased to a subsidiary of Southern Company Services (NYSE: SO), an Atlanta...