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New apartment complex coming to Montevallo
News 1 hour ago
New apartment complex coming to Montevallo

According to the Shelby County Reporter, developer Paul Widman has received approval with a 4-2 vote to build Bluegrass Apartments, a 46-unit,...

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Local investment group acquires Prominence Shops II at Liberty Park
News 3 days ago
Local investment group acquires Prominence Shops II at Liberty Park

A retail building in Liberty Park has sold to a small local investment group. LPP II LLC closed on Prominence Shops II at Liberty Park on Thursday...

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HABD to reopen Freedom Manor by Kelly Ingram Park for senior housing
News 3 days ago
HABD to reopen Freedom Manor by Kelly Ingram Park for senior housing

Residents are returning to a 1980s-era residential building in the Civil Rights District after it received several upgrades. The Housing Authority...

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Birmingham’s largest commercial real estate sales of 2019
News 3 days ago
Birmingham’s largest commercial real estate sales of 2019

Birmingham's commercial hotspots saw a surge in activity over the past year that set the stage for some of the multimillion-dollar sales on our new...

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The Kirkland Co. brokers sale of the Reserve at Research Park apartment community
News 4 days ago
The Kirkland Co. brokers sale of the Reserve at Research Park apartment community

One of the largest multifamily deals in the Rocket City recently closed for $81.5 million. Rime Village Partners LLC, an affiliate of Covenant...

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City, developers consider new projects, initiatives to address parking issues downtown
News 4 days ago
City, developers consider new projects, initiatives to address parking issues downtown

The revitalization of the city center over the past decade has come with its share of benefits, but commercial real estate experts say one of the...

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Alabama company building four hotels at Disney World secures $140M construction loan
News 5 days ago
Alabama company building four hotels at Disney World secures $140M construction loan

A four-hotel development planned for Disney's Flamingo Crossings mixed-use property is ready to hit the next stage. The project, being overseen by...

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DRC approves Aptitude Development Marshall Project on Third Avenue South
News 5 days ago
DRC approves Aptitude Development Marshall Project on Third Avenue South

A new Parkside student housing project for UAB students has taken a step forward. Aptitude Development can proceed with demolition and site...

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Premium Property Trust affiliate acquires Skin Wellness building from Hartman Group LLC
News 5 days ago
Premium Property Trust affiliate acquires Skin Wellness building from Hartman Group LLC

A medical office building in Homewood has sold to a local real estate investment fund. This account isn't linked to a paid Birmingham Business...

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Shannon Waltchack affiliate acquires 1700 Second Ave. S.
News 6 days ago
Shannon Waltchack affiliate acquires 1700 Second Ave. S.

Another property in the Parkside District has sold to an investor. Last week Wednesday, 17th & 2nd LLC, an affiliate of Shannon Waltchack, acquired...

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Multifamily rental agency relocates to Five Points South
News 6 days ago
Multifamily rental agency relocates to Five Points South

A Birmingham apartment rental agency has moved from Avondale to Five Points South. This account isn't linked to a paid Birmingham Business Journal...

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Large tract of Huntsville's Monte Sano Mountain on market
News 1 week ago
Large tract of Huntsville's Monte Sano Mountain on market

A piece of mountain view property has hit the market in Huntsville. Keller Williams, who listed the property, said the land is located across from...

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John Tampa of Ascent Hospitality proposes nine-story parking deck at Allright Parking deck
News 1 week ago
John Tampa of Ascent Hospitality proposes nine-story parking deck at Allright Parking deck

An existing parking deck in the midst of several high-profile developments downtown may make way for an even bigger one. Ascent Hospitality...

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VEREIT (NYSE: VER) affiliate acquires Duluth Trading Co. store in Hoover
News 1 week ago
VEREIT (NYSE: VER) affiliate acquires Duluth Trading Co. store in Hoover

Birmingham's Duluth Trading store location has sold to a real estate investment trust based in Arizona. Public records show VEREIT Real Estate LP...

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Post Office Pies coming to Mountain Brook's Lane Parke
News 1 week ago
Post Office Pies coming to Mountain Brook's Lane Parke

A popular Birmingham pizza restaurant is branching out to open a second location in the metro area. Post Office Pies is coming this spring to...

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Magic City Newsmakers: Mike Slive Foundation, Unless U, CJFS, Children's of Alabama and more
News 1 week ago
Magic City Newsmakers: Mike Slive Foundation, Unless U, CJFS, Children's of Alabama and more

Alabama School Readiness Alliance and Alabama Association for Early Care and Education hosted a webinar for child care providers interested in...

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Multiple restaurants sign on for north Alabama development
News 1 week ago
Multiple restaurants sign on for north Alabama development

A 563-acre community with homes, restaurants, retail and more in north Alabama has received several commitments from restaurants. The Town Madison...

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UAB Health System plans to purchase entire block on Southside
News 1 week ago
UAB Health System plans to purchase entire block on Southside

UAB Health System plans to purchase a prominent block on University Boulevard from Southern Research - a purchase that could eventually add to the...

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SWNC I LLC acquires Little Creek Marketplace shopping center in Norfolk, Virginia
News 1 week ago
SWNC I LLC acquires Little Creek Marketplace shopping center in Norfolk, Virginia

A Birmingham-based commercial real estate firm's fund has made a big acquisition in the Old Dominion state. Shannon Waltchack's SWNC I LLC acquired...

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Financial Center owner files lawsuit against Birmingham Parking Authority
News 1 week ago
Financial Center owner files lawsuit against Birmingham Parking Authority

The Birmingham Financial Center has filed a lawsuit against the Birmingham Parking Authority over the parking deck adjacent to the high-rise office...

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Five Points South redevelopment site near Vulcan sells for $2.3M
News 1 week ago
Five Points South redevelopment site near Vulcan sells for $2.3M

A prominent site along Richard Arrington Jr. Boulevard near Vulcan has sold to a local investor. Cochise LLC acquired 1600 Richard Arrington Jr....

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CEO Awards: Robert Rex Record, Christ Health
News 1 week ago
CEO Awards: Robert Rex Record, Christ Health

What's the top factor that has allowed you to have a successful career? Trust - a synonym for faith, trust is a word much closer to my Southern...

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Macy's closing 96 additional stores, cutting 2,000 jobs
News 1 week ago
Macy's closing 96 additional stores, cutting 2,000 jobs

Retail giant Macy's Inc. is closing 125 stores and culling 10% of its corporate workforce, representing 2,000 jobs. Following closely on the heels...

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Weathertech Distributing moving headquarters after Atkins Family LLC buys Irondale property
News 1 week ago
Weathertech Distributing moving headquarters after Atkins Family LLC buys Irondale property

A Birmingham HVAC distributor is moving its headquarters about a quarter mile from its current spot in Irondale. Weathertech Distributing Co. Inc....

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Local developers bullish on Birmingham student housing market
News 1 week ago
Local developers bullish on Birmingham student housing market

Part of the surge in multifamily development downtown is a substantial uptick in student housing developments - driven in large part by increasing...

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Patriot Storage LLC building self-storage facility off Lakeshore in Wildwood
News 1 week ago
Patriot Storage LLC building self-storage facility off Lakeshore in Wildwood

Local developers are building their first self-storage facility off Lakeshore Parkway after buying the property after getting a good deal on the...

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Allied Realty & Development plans to build new apartment community on 17th Avenue South
News 1 week ago
Allied Realty & Development plans to build new apartment community on 17th Avenue South

A new apartment community may be built on a vacant Southside property that once housed the Chalet Apartments building. This account isn't linked to...

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Earth Fare closing all stores, including two in Alabama
News 2 weeks ago
Earth Fare closing all stores, including two in Alabama

Earth Fare has begun inventory liquidation across its 50-store footprint. The Asheville, North Carolina-based organic and natural foods grocer said...

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Black Creek Group affiliate acquires Village at Lee Branch I after landing Dick's Sporting Goods
News 2 weeks ago
Black Creek Group affiliate acquires Village at Lee Branch I after landing Dick's Sporting Goods

An out-of-state investor made a huge sale after attracting Dick's Sporting Goods as one of two anchor tenants at the Village at Lee Branch shopping...

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CRE firm to begin construction on Southside corner property
News 2 weeks ago
CRE firm to begin construction on Southside corner property

A local real estate firm is making progress on a redevelopment project on Birmingham's Southside. Dunn Real Estate plans to begin construction on...

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