Birmingham
Arcan Properties Acquires $71M, 414-Unit Multifamily in Birmingham
Cushman & Wakefield has arranged the $71.4-million ($172,424 per unit) sale of Colony Woods, a 414-unit multifamily property located in… Read more
Cushwake, Greystone Team Up on $15M Multifamily Acquisition in Birmingham
A joint venture team of Cushman & Wakefield and Greystone has arranged the sale of and provided acquisition financing for… Read more
UAB Tops Out $76M, 139K-SF Science and Engineering Complex
The University of Alabama at Birmingham has celebrated the topping out of Phase I of its new Science and Engineering… Read more
Capstone Scores Equity Partner for First Birmingham BTR Community
Berkadia has sourced an equity partner for Capstone Communities to develop The Cottages at Greystone, its first build-for-rent community in… Read more
Morrison Avenue Pays $19M for Birmingham’s First Build-To-Rent Community
Cushman & Wakefield has arranged the $18.9 million sale of The Cottages on Weaver Avenue, a newly constructed built-to-rent community… Read more
CRG Completes $425M Portfolio Sale to PRP
Chicago-based CRG has completed the $425.15-million portfolio sale of five new Class A industrial assets, all completed in 2021, to… Read more
Mercedes Benz Net-Leased Distribution Center in Birmingham Sells for $52M
Monmouth Real Estate Investment Corporation has acquired a 530,000-square-foot Class A distribution center on Will Walker Road in Vance, AL… Read more
CushWake Arranges Sale of Two Multifamily Properties in Birmingham
Cushman & Wakefield has arranged the sales of Lakeshore Ridge and The Oaks of St. Clair, two multifamily properties in… Read more
Colliers Aids Largest Cold Storage Lease in Southeastern United States
Colliers has facilitated the lease of Provender Partners’ 486,353-square-foot industrial cold storage facility in Birmingham, AL. The building was leased… Read more
Pilot Travel Center in Birmingham Drives a $9M Sale-Leaseback
Stan Johnson Company has completed the sale-leaseback of a Pilot Travel Center on Bankhead Highway West in Birmingham, AL. The… Read more
RESICAP, Rockpoint Venture Aims to Acquire Additional $2.5B of SFRs
Atlanta, GA-based single-family rental services firm RESICAP and real estate private equity firm Rockpoint Group have committed to a series… Read more
ApexOne Puts $67M into Purchase of Birmingham Apartment Community
Cushman & Wakefield has arranged the $67.1-million sale of Riverchase Landing, a 468-unit apartment community located in Hoover, AL, near… Read more
Berkadia Arranges Programmatic Capital Partner for Capstone Communities’ BFR Projects
Berkadia has secured a programmatic capital partner to help Birmingham-based Capstone Communities develop build-for-rent communities. Chinmay Bhatt, Noam Franklin and… Read more
Partnership Supports INROADS College Links for STEM and Leadership Skills
Future leaders of color have faced unparalleled obstacles, from COVID-19 to school interruption and economic disparities. Despite these barriers, INROADS… Read more
Zimmerman and TriStar Launch Affordable/55+ Clayton County Project
Zimmerman Properties and TriStar have launched construction on a new affordable and 55+ community in unincorporated Stockbridge in Clayton County, just… Read more
Three NNN Inpatient Rehabs Go for Nearly $90M
Three absolute triple-net-leased inpatient rehabilitation facilities (IRFs) recently sold for $86.8 million. Birmingham-based Medical Properties Trust Inc. purchased Cobalt Rehabilitation… Read more
CushWake Brokers $22M Sale of Two Birmingham Apartment Properties
Cushman & Wakefield has arranged the $21.5 million sale of two apartment communities totaling 289 units in Birmingham. Valley Crest,… Read more
Birmingham Apartments Trade for $5M
Cushman & Wakefield has arranged the $5.2 million sale of Terrace Court, a 40-unit apartment community in Birmingham. Constructed in… Read more
Southeast Industrial Portfolio Trades for $20M
JLL has arranged the $20 million sale of a three-property industrial portfolio in Birmingham, Lafayette, LA. and Visalia, CA. The… Read more