Content about Birmingham, Alabama

April 4, 2014

Cypress Equities has acquired Brookwood Village, a mixed-use development in the affluent Mountain Brook area of Birmingham, Ala.

DallasCypress Equities has acquired Brookwood Village, a mixed-use development in the affluent Mountain Brook area of Birmingham, Ala.  A fund managed by Cypress’s real estate investment management group carried out the transaction.

The 816,000-sq.-ft. center consists of a 604,000-sq.-ft., two-level enclosed mall, a 41,900-sq.-ft. grocery-anchored retail component and a nine-story 170,000-sq.-ft. Class A office building.  

March 10, 2014

Whole Foods Market has signed a lease for 40,000 sq. ft. at The Summit in Lexington, Ky.

Birmingham, Ala. — Whole Foods Market has signed a lease for 40,000 sq. ft. at The Summit in Lexington, Ky. Currently under development by Bayer Properties LLC, The Summit Lexington is a mixed-use project with 450,000 sq. ft. of retail and restaurants plus 306 multi-family residential units.

Phase I of the project will open during the spring of 2016 with 340,000 sq. ft. of retail and the full complement of the planned 306 residential units. Phase II will add 110,000 sq. ft. of retail.

October 3, 2013

West Elm, a division of Williams-Sonoma, will open a store in Birmingham, Ala., on Thursday, Oct. 10.

Brooklyn, N.Y. - West Elm, a division of Williams-Sonoma, will open a store in Birmingham, Ala., on Thursday, Oct. 10. The 8,000-sq.-ft. store is located in The Summit Birmingham shopping center.
 

October 2, 2013

SRS Real Estate Partners www.srsre.com has opened the doors to a new office in Birmingham, Ala.

DallasSRS Real Estate Partners has opened the doors to a new office in Birmingham, Ala. The company has also brought in Martin Smith to serve as senior VP and co-market leader alongside Josh Burmeister.

A 13-year veteran of the commercial real estate industry, Smith specializes in landlord representation, tenant representation and investment sales. Prior to joining SRS, he spent seven years with Retail Specialists, where he was director of brokerage and project leasing.
 

September 20, 2013

A fund managed by Cypress Equities has acquired Promenade Tannehill in Bessemer, Ala., a suburb of Birmingham.

Dallas — A fund managed by Cypress Equities has acquired Promenade Tannehill in Bessemer, Ala., a suburb of Birmingham.

Tannehill is a 347,151-sq.-ft. regional power center that opened in 2008 and presently houses more than 30 retailers, including Target, Publix, J.C. Penney, Michaels, PetSmart, Premiere Cinemas, Charming Charlie, Anna’s Linens and Ross Dress For Less.

 

July 9, 2012

Hibbett Sports announced plans to build a wholesaling and logistics facility in Alabaster, Ala.

Birmingham, Ala. -- Hibbett Sports announced plans to build a wholesaling and logistics facility in Alabaster, Ala.

Construction on the new 360,000-sq.-ft. center is expected to commence in fall 2012 with the facility expected to be fully operational by fall 2014. When completed, it will replace the existing 180,000-sq.-ft. facility that the company currently leases in Birmingham.
 

July 27, 2011

Birmingham, Mich.-based commercial real estate development firm Robert B. Aikens & Associates LLC announced that it has acquired the Pine Ridge Square center, located in Gaylord, Mich.

Gaylord, Mich. -- Birmingham, Mich.-based commercial real estate development firm Robert B. Aikens & Associates LLC announced Wednesday that it has acquired the Pine Ridge Square center, located in Gaylord, Mich.

At 189,000 sq. ft., Pine Ridge Square is home to Big Lots, Dunham’s, Bath & Body Works, GNC and Payless Shoe Source. The center currently has 30,000 sq. ft. available for lease.
 

December 21, 2010

Dollar General is considering a plan to build a $60 million distribution center in Bessemer that could create up to 650 jobs, the Birmingham Business Journal reported.

New York - Dollar General is considering a plan to build a $60 million distribution center in Bessemer that could create up to 650 jobs, the Birmingham Business Journal reported. 

The new facility would be the 10th distribution center for Dollar General (NYSE: DG), according to Tawn Earnest, senior director of corporate communications for the company. The company is seeking incentives from local governments for the project.

May 25, 2010

Big Lots is gearing up to open a store at Brook Highland, Ala., next week....

May 10, 2010

Frozen yogurt retailer Red Mango said it has inked a deal with a local franchisee...

September 8, 2008

Books-A-Million has signed two leases that will enable it to open stores in Hoover, Ala.,...

August 17, 2005

Birmingham, Ala., Books-A-Million,...