Harbert Realty Services Represents Buyer in Purchase of 1st Avenue North Portfolio

April 3, 2018– Birmingham, AL – Harbert Realty Services represented the buyer in the purchase of a prominent 1st Avenue North portfolio in Birmingham’s downtown core. Located at 2113-2117 1st Avenue North, this ±6,500 SF property is situated within one of Birmingham’s most active corridors. The property is within walking distance of the new Elyton Hotel, the upscale mixed-use development Founders Station, the redevelopment of the Commerce Building into a hotel, Shipt Headquarters, and Row5 luxury housing development. Also, the property benefits from prime street-level entrances on 1st Avenue North.

Charlie Norton, Leasing and Brokerage Associate with Harbert Realty who represented the buyer, stated, “We are always excited to represent an out of state buyer and pleased to see them invest in Birmingham. We are hopeful to see a continued trend of growth in this area.” John Tally with Plott and Company represented the seller in the deal. Harbert Realty recently represented another buyer in the purchase of 2121 1st Avenue North building, just a half block away.