Harbert Retail Represents Buyer in Purchase of Cahaba Heights Property

Harbert Retail Vice President Casey Howard represented the buyer – JIC Exchange Fund One, LLC – in the 1031 exchange purchase of 3193 Cahaba Heights Road, Vestavia Hills, AL 35243. Julie Gieger from Shannon Waltchack represented the seller. The terms of the deal were undisclosed.

Village at Gardendale is Now Fully Occupied; Gardendale Mercantile and Young America Insurance Join the Retail Center

Harbert Realty Services’ Norman Tynes and Lacey Scott represented the landlord of Village at Gardendale in two recent deals bringing the center to 100% occupancy. Gardendale Mercantile, a boutique shop selling American and Southern made gifts and goods, will occupy 1,200 SF at the center. Likewise, Young America Insurance will also occupy 1,200 SF. The two new tenants will be …

Harbert Realty Represents Buyer and Seller in Ideal Building Transaction

A local investment group made another big Birmingham buy this week.  Lemak Prattville Clinic, LLC, an entity owned by Matthew Lemak and Dr. Lawrence Lemak,  acquired The Ideal Building Lofts, a 6-story mixed-use multi-family/retail building located at 111 19th Street N. in Downtown Birmingham for $4.5 million, or $168.68 per square foot. Casey Howard and Charlie Norton with Harbert Realty …

Harbert Retail Welcomes New Team Member Thom Hickman as VP of Development/Brokerage

Thomas (Thom) Hickman joins Harbert Retail as Vice President of Development/Brokerage. In Thom’s 35- year career, he has been involved in over 25 million square feet of retail and commercial development across the United States. Thom’s experience includes site selection, anchor tenant and big-box leasing and development of regional shopping centers, power centers, community centers, professional office buildings and single …

Harbert Retail Represents Seller and Buyer in Dunkin’ Investment Property Sale

Harbert Retail’s Casey Howard and Lacey Scott represented the Seller, Moflehi Investments, LLC, in the investment sale of the new Dunkin’ location at 300 Commons Drive, Birmingham, AL. Howard also represented the Buyer, 300 Commons Partners, LLC, in the deal. The property sold for $1.475 million, yielding a 6% cap rate. Harbert Retail’s Casey Howard and Lacey Scott represented the …

EyeCare Associates Leases Space Along Lakeshore Parkway

EyeCare Associates has leased 3,929 SF at 225 State Farm Parkway located along the busy Lakeshore Parkway retail corridor. Harbert Retail VP Casey Howard represented the landlord in the deal. EyeCare Associates focusses on eye care services including routine eye exams, preventative care and treatments, as well as offering customized lenses. The company has multiple Birmingham locations and locations nationwide. …

Strayer University Moving to Two North Twentieth Building

A private university is moving its Birmingham campus from Grandview Parkway off U.S. 280 to downtown. Strayer University is taking 6,000 square feet on a long-term lease at 2 North 20th St. The space is expected to be complete by mid July. Harbert Realty Vice President Tanner Sumners represented the landlord. The Washington, D.C.-based school had been operating at 3570 …