Quick. Think of a shopping center in your market where the anchor store does OK, but there is always vacancy in the center and the turnover has been constant since day one… There is a myriad of reasons why shopping centers underperform but I believe one reason is staring us in the face- shop-space-per-anchor ratio. […]
Development
Macaroni Lofts Becoming A Reality
• Construction is expected to begin in early 2021 • Residential units pre-sales are available now. Visit https://macaroni-lofts.com/ for more information on the individual units. • 6,000 SF ground floor commercial space available Another development in the Parkside District is moving forward! The city of Birmingham Design Review Committee approved the Macaroni Lofts design Wednesday […]
New Ideal Lofts Groundbreaking
Construction began March 2019 on the New Ideal Lofts redevelopment The project has been completed and residents have moved in. For more information regarding the development, visit https://new-ideal-lofts.com/ The New Ideal building is finally coming back to life after being shut off from the city for more than 30 years. Construction on the New Ideal […]
2017 Retail Market with David Ashford
The 2016 retail market report discussed how Birmingham had seen little retail growth that year. That narrative has not changed much. However, there are many trends retail real estate is facing that have many speculating about what the future holds. In this article, I typically site new developments and tenants, but this year I […]
2017 Industrial Market Report with Rich Vanchina
During 2017, the Birmingham MSA experienced another year of solid economic growth and development in the industrial sector. The automotive industry continues to fuel the bulk of the industrial growth in Alabama. However, the technology and aerospace industries contributed to the state’s economy in 2017 as well. The Birmingham industrial market consists of 116 […]
