Driven – A Harbert Series – The Historic Federal Reserve

We are very excited to share to you the second episode in our new video series, Driven – A Harbert Series. Driven is a series of stories showcasing relationships between Harbert and our valued clients and partners. Our second episode highlights the story of the Historic Federal Reserve Building, one of Birmingham’s premier office spaces. We will take a walk …

Harbert Retail Arranges Investment Sale of Talladega Plaza Shopping Center (Talladega, Alabama)

Harbert Retail’s Casey Howard and Lacey Scott secured a regional buyer and represented the Seller, Battal Partners, LLC, in the recent sale of the +/- 31,482 square foot Talladega Plaza Shopping Center in Talladega, Alabama, for $2.95M. This value-add multi-tenant medical and retail-anchored shopping center is located on the primary retail corridor, Stephen J. White Memorial Boulevard, in Talladega, Alabama, …

Three Harbert Team Members Named BBJ 2022 Who’s Who in Commercial Real Estate

Congratulations to Harbert Multifamily Advisors’ Managing Director Mike Baker, Harbert Retail’s Vice President Casey Howard, and Harbert Realty’s CEO/President David Williams for being named part of the Birmingham Business Journal’s 2022 Who’s Who in Commercial Real Estate!! We are extremely proud to have our team’s hard work and dedication recognized in this prestigious list!

Harbert Realty Represents Buyer and Seller in Prominent 1st Avenue North Portfolio Sale

Harbert Realty Service’s Casey Howard represented the Sellers and John Tally represented the Buyers in the $5,000,000 ($222/sf) investment portfolio sale of 2121 1st Avenue North & 2127 1st Avenue North in Downtown Birmingham, Alabama. Tax Break Recovery, LLC, acquired the properties from Buyers, 2121 First Avenue, LLC, and 2127 First Avenue, LLC, both entities owned by private equity firm, Sixty West. 2121 1st Avenue …

Rougaroux to Open Second Location in Mountain Brook

Prominent Forest Park restaurant Rougaroux will open a second location in Spring 2023 in Mountain Brook Village at 2716 Culver Road. The former 1,269 SF Sneaky Pete’s will be redesigned into a unique space. Architect Andrew Taylor is working closely with the Rougaroux team to preserve the character of the existing space while delivering a restaurant that is functionally brand …

Harbert Realty Services Represents Landlord in Deal Bringing EW Motion Therapy to Cahaba Station in Liberty Park

Harbert Realty Services’ Lacey Scott and Norman Tynes represented the landlord of Cahaba Station, a new retail center located in Liberty Park, in a 1,700 SF deal bringing EW Motion Therapy to the center. EW Motion Therapy  specializes in physical therapy, pilates and yoga, pre- and post-operative therapy, neurological recovery, and more. This will be their 6th location with other locations …

Harbert Realty Services Sells Inverness Center North to In-Rel Properties

Harbert Realty Services, Executive Vice President, West Harris has completed the purchase and sale of Inverness Center North located in the heart of Highway 280/I-459 submarket with In-Rel Properties out of Florida.  In-Rel currently owns an office Building in Riverchase, and Inverness Center North is a significant addition to the Owner’s portfolio.   Inverness Center North is comprised of three …

White Arnold Dowd Relocating to Renasant Place

White Arnold Dowd will be relocating to Renasant Place in 4Q 2022 and will be occupying space on the 14th floor of the Building. The firm was attracted to the building due to the ±$5 Million revitalization plans Cicada Capital and Harbert Realty Services are in the process of completing.  The firm in taking advantage of previously improved space and …

Harbert Retail Represents Seller of Elba, AL Burger King Investment Sale

Harbert Retail’s Casey Howard and Lacey Scott represented the seller of 529 Claxton Road in Elba, Alabama, a 3,342 SF Absolute NNN Burger King investment sale.  The Harbert team also sourced the California based buyer in the deal. The Burger King Franchisee Premier Kings operates well over 200 restaurants across multiple brands. Their operating companies are set up by brand …