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Google Breaks Ground on $600M Alabama Data Center
Google broke ground on a $600-million data center in Jackson County, Alabama. The 360-acre site in Bridgeport is located roughly 140 miles north of Birmingham. The facility is next to a former...
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Walmart Opens $135M, 2.6M-SF Distribution Center in Mobile, AL
Walmart opened its new $135-million Distribution Center Mobile, AL this week. The 2.6-million-square-foot facility is a key component that’s expected to strengthen the retailers’ supply chain network,...
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JV Acquires 207K-SF Medical Office Portfolio in Huntsville
Anchor Health Properties and the Carlyle Group have acquired a 207,000-square-foot medical office portfolio in Huntsville, AL in a joint venture. The sales price was not disclosed. The portfolio...
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NKF Brokers $73M Sale of Birmingham Multifamily Portfolio
NKF arranged the $73-million sale of The Falls and Woods of Hoover, a two-property, 696-unit multifamily portfolio in metro Birmingham. Constructed in three phases in 1996, 2000 and 2002, The Falls and...
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LifePoint Acute Care Inks $700M Sale-Leaseback With MPT
Birmingham-based real estate investment firm Medical Properties Trust (MPT) has entered into an agreement with affiliates of LifePoint Health to acquire the real estate assets of 10 acute care...
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Birmingham Apartment Community Trades for $23M
Cushman & Wakefield has arranged the $23.4 million sale of Ridge at Crestwood, a 344-unit apartment community in Birmingham. Built in 1978, the property is currently undergoing major renovations...
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CushWake, Avison Young Broker Sale of 698-Unit Southeast MF Portfolio
Cushman & Wakefield, in partnership with Avison Young, has brokered the sale of a multifamily portfolio consisting of three apartment communities in the Southeast. The sales price was not...
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Birmingham Apartment Community Trades for $45M
Cushman & Wakefield has arranged the $45.3 million sale of The Trails at Cahaba River, a 400-unit apartment community in Birmingham, AL. Andrew Brown, Craig Hey and Jimmy Adams of Cushman &...
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Watermark to Develop 324-Unit MF Community Near Huntsville
Watermark Residential has announced plans for the development of a 324-unit, garden-style multifamily community in the Huntsville suburb of Madison, AL. Located on more than 22 acres at 1150 Balch Rd.,...
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Mazda-Toyota JV Adds $830M to Huntsville Facility Investment
Mazda Toyota Manufacturing (MTM), the new joint venture between Mazda Motor Corporation and Toyota Motor Corporation, announced an additional $830 million investment Thursday into its...
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