Casey Howard, Vice President at Harbert Retail, represented the Seller in the acquisition of a historic 3-property portfolio located at 1705-1711 1st Avenue North. The portfolio included: a 17,662sf building at 1711 1st Ave. North, a 36,075 sf building at 1709 1st Avenue North and a surface parking lot at the corner of 17th Avenue North and 1st Avenue North. …
Harbert Realty Services has closed on the premier, 120-unit multifamily development ā Artisan Flats ā in the Birmingham, AL.Ā Artisan Flats will be a Class-A community located in the Lakeview District, one of Downtown Birminghamās most vibrant and sought-after neighborhoods.Ā The project will feature top of the market unit finishes and community amenities. The development will be located at …
Harbert Realty Services has closed on the sale of The Solary, a two-story, 16,023 SF medical anchored retail center located in Oviedo, Florida. The property sold nearly at asking price for $4,920,000 ($307 PSF; a 5% cap rate) and closed in less than 60 days. Harbert developed the property in 2008 and has controlled leasing and management at the center …
Hardcore Jeet Kune Do Chelsea, a school dedicated to the teaching and instruction in the art of Jeet Kune Do, recently signed a lease to open a new, larger location in Chelsea Creek Center at 48 Chesser Crane Road in Chelsea, Alabama, and plan to open in January 2022. Hardcore Jeet Kune Do Chelsea opened in January of 2013 as …
Harbert Realty Services has been awarded the leasing assignment of Maitland Green I & II, two prominent office buildings in Maitland, Florida. Built in 1986 and 2000, respectively, these two Class A buildings are comprised of nearly 200,000 RSF. The buildings are owned by Orlando based Tower Realty Partners and Dallas based Trigate Capital through a partnership entity. Harbert Realty …
Harbert Retailās Casey Howard and Lacey Scott represented another Dunkinā franchisee in the purchase of 2146 Sweeney Hollow Rd, Birmingham, AL 35215.Ā The 1.19 acre site currently houses a former Hardeeās location and is situated adjacent to a Publix-anchored center in the busy Chalkville/Trussville, Alabama, submarket. The site benefits from two points of ingress/egress and a two-lane drive-thru providing customers with …
Harbert Realty Services Lacey Scott and Norman Tynes represented the seller of a prime Tuscaloosa redevelopment site in a sale transaction to Progress Bank. Located at 2915 12th Street, Tuscaloosa, AL 35401, the site consists of a Ā±6,300 SF building on 0.63 acres of land and is ideally positioned between Lurleen B Wallace Blvd North and South, heading into the …
Harbert RetailĀ has completed the sale of a single tenant net leased Dunkin’ located at 300 Commons Drive, Birmingham, AL, for $1,654,205 ($458 per square foot). The property sold with multiple offers at a 5.4% cap, which was over of the asking price.Ā Harbertās Casey Howard exclusively represented the seller. The Seller, “300 Commons Drive, LLC” is registered to Matthew Lemak …
Construction is expected to begin by the end of the year on The Hendricks at San MarcoĀ ā a 133-unit luxury apartment project in historic San Marco. The $31 million project includes a four-story apartment building, three-level parking garage and amenities such as a fitness center, clubhouse and a resort-style swimming pool, William “Bill” Ware, vice president for development services at …
Prosper will be joining Alabama Futures Fund as a new tenant at One721, a historic building which was purchased and redeveloped by Harbert Realty Services and a JV partner in 2019. Prosper is a coalition of community, civic and business leaders committed to creating a more productive economy that is inclusive of all races and genders. Birmingham-area leaders joined …