Alabama
Cole Acquires Gulf Coast Retail Center for $78M
HFF closed the $77.75 million sale and secured $42.76 million in acquisition financing for McGowin Park, a roughly 375,000-square-foot shopping… Read more
Hunt Arranges Acquisition Financing for Three MF Assets
New York-based Hunt Mortgage Group arranged $36.7-million in financing for the acquisition of three multifamily properties in Ohio, Illinois and… Read more
Aerojet Rocketdyne Jets to Alabama
Aerojet Rocketdyne is heading for Huntsville, AL by the end of 2019. The aerospace and defense contractor plans to relocate… Read more
NYC Ferry Launches Early
April 11, 2017 A whole month early, the NYC Ferry will launch May 1, 2017, with two routes: the brand… Read more
States With the Largest and Smallest Gender Wage Gap
Payscale’s 2016 Gender Pay Gap Report found that the Northeast is the most equal region in the United States when… Read more
Walmart Spending $135M at Port of Mobile
Walmart Stores Inc. announced it plans to build a $135 million distribution center at the Port of Mobile. The 2.5-million-square-foot… Read more
New Ferry Boats Start 1,742-Mile Journey
The first of 20 new ferry boats built for the soon-to-be-launched Citywide Ferry Service recently left the Horizon Shipyard in… Read more
Atlanta Buyer Claims 312-Unit Alabama Apartment
Preferred Apartment Communities Inc. (PAC) of Atlanta, GA acquired Retreat at Greystone, a 312-unit apartment complex at 201 Retreat Dr.… Read more
400 Units Trade for $73M
Brookview Realty Group LLC acquired Tapestry Citrus Park, a 400-unit, gated apartment complex in Tampa, FL. The Uniondale, NY buyer… Read more
Caydon Unveils Midtown Luxury Apartment Details
Caydon Property Group, which is planning one of the first luxury apartment developments in Houston’s Midtown submarket, shared more details… Read more
670K-SF Southern Company Campus Sells
Griffin Capital Essential Asset REIT II Inc. acquired the Colonnade North and South, a two-building, 669,000-square-foot office campus in Birmingham,… Read more
New Growth for Walk-On’s Bistreaux & Bar
Walk-On’s Bistreaux & Bar will open new restaurants in five states, thanks to a partnership announced on December 12. The… Read more
Dollar General Stores Change Hands
Two Dollar General Stores in Rosharon and China, TX were sold to a privately-owned company in Sugar Land, TX. Ethan… Read more
Topgolf Selects Birmingham for AL Debut
Topgolf is targeting Birmingham, AL for its first location in the Yellowhammer State. To that end, the sports entertainment company… Read more
JV Closes $390M, 16-Property Retail Portfolio Buy
DLC Management and DRA Advisors LLC closed on their buy of a 16-property shopping center portfolio totaling more than 4.8… Read more
SoCal REIT Acquires MOBs in Michigan & Alabama
Griffin-American Healthcare REIT IV Inc. bought the Rochester Hills Medical Building in the Detroit suburb of Rochester Hills, MI, as… Read more
Medical Property Trust to Pay $1.25B for Nine Hospitals
Birmingham, AL-based Medical Properties Trust Inc. struck a deal with Steward Health Care System LLC to acquire real estate interests… Read more
Alabama’s Techline Expands to Houston Area
Techline Manufacturing, headquartered in Spanish Fort, AL, is expanding into a 12,000-square-foot regional center on the Houston metro’s southeast side.… Read more
Preferred Snaps Up 170K-SF Birmingham Office Building
Preferred Apartment Communities Inc. struck a deal with Dallas-based Cypress Equities to acquire a 169,500-square-foot, Class A office building within… Read more