News

Harbert Retail Represents Gunn Dermatology in Deal for Second Location

Harbert Retail’s Lacey Scott represented Gunn Dermatology in a deal for their second location. The 3,919 SF office will be located in Mountain Brook within the Lane Park Development, situated between Starbucks and Regions Bank.  Gunn Dermatology, led by board ...

Harbert Retail Aligns Branding with Harbert Realty

It’s time for a change! Harbert Retail will now be branded under the same logo as Harbert Realty. Harbert Realty recently launched a new logo to represent our identity as a leader in the Commercial Real Estate industry. For over ...

Harbert Retail Represents Dunkin’ Franchisee in Fifth Birmingham Metro Location

A prominent Dunkin’ franchisee opened another Birmingham metro location at 5413 Hwy 280, Suite 100, Hoover, AL 35242, near the busy intersection of Highway 119 and Highway 280 in Hoover, Alabama. Harbert Retail’s Casey Howard and Lacey Scott represented the ...

Harbert Represents Seller in Prominent 3-Property Portfolio Sale on 1st Avenue North

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 ...

Harbert Realty Closes on Premiere 120-Unit Birmingham Multifamily Development

Harbert Realty Services has closed on the premier, 120-unit multifamily development – Artisan Flats – in the Birmingham, AL.  Artisan Flats will be a Class-A community located in the Lakeview District, one of Downtown Birmingham’s most vibrant and sought-after neighborhoods.  ...

Harbert Realty Services Closes on Sale of Medical Anchored Retail Center in Oviedo

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 ...

Hardcore Jeet Kune Do Leases New Space in Chelsea Creek 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 ...

Harbert Realty Services Awarded Leasing Assignment for Maitland Green I & II

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 ...

Harbert Retail Represents Dunkin’ Franchisee in Another Alabama Location

Harbert Retail’s Casey Howard and Lacey Scott represented another Dunkin’ franchisee in the purchase of 2146 Sweeney Hollow Rd, Birmingham, AL 35215. The 1.19 acre site currently houses a former Hardee’s location and is situated adjacent to a Publix-anchored center in ...

Harbert Realty Represents Seller of Tuscaloosa Site in Deal For Bank Expansion

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 ±6,300 SF building ...

Harbert Retail Represents Dunkin’ Franchisee in 1031 Exchange Sale of Dunkin’ Location

Harbert Retail 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 ...

Construction of San Marco luxury apartments to begin by year’s end

Construction is expected to begin by the end of the year on The Hendricks at San Marco — 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 ...

Prosper to Join as New Tenant at One721

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 ...

Two Harbert Team Members Named BBJ 2021 Who’s Who in Commercial Real Estate

Congratulations to Harbert Multifamily Advisors’ Mike Baker and Harbert Retail’s Casey Howard, MBA, PMP for being named the Birmingham Business Journal’s 2021 Who’s Who in Commercial Real Estate!! We are extremely proud to have our team members hard work and dedication recognized in this prestigious list! ...

Harbert Realty Represents Seller in Hoover Property Transaction

Harbert Realty’s John Tally represented the seller, Lorna Road Properties, LLC, in the sale of 2970 Lorna Road in Hoover, AL. The property consist of a 20,000 SF office building on 3.87 acres of land, located adjacent to the busy ...

Harbert Retail Represents Seller in 1031 Exchange Sale of Morris Avenue Property

Harbert Retail’s Casey Howard represented the seller, 2301 Morris Ave Partners, LLC, in a 1031 exchange sale of 2301 Morris Avenue, Suites 101 & 105, Birmingham, AL 35203. The property was purchased by Golden Holdings, LLC for $686,000 (7.1% cap). ...