We are excited to welcome project managers, Hunter Hospes and Will Hollingsworth to our growing team at J.H. Berry. Hunter will oversee building management for the firm’s properties including office buildings, retail properties, industrial properties and bank facilities, ensuring the appropriate maintenance and repair of facilities in a timely manner. Will specializes in handling…
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When searching for a restaurant space to lease there are a few important things to keep in mind. The first is decide whether to lease or buy the space. Purchasing a building is a long-term commitment that is often reserved by restaurant owners with experience in the restaurant world or who have partners with…
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On February 23, 2017, several members of the J.H. Berry & Gilbert team were honored at this year’s 44th annual awards luncheon held by the Birmingham Commercial Realtors Council. The Birmingham Business Journal recognized the winners in a recent article, featuring the following J.H. Berry team members as top producers in their respective divisions. Read…
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By Callan Sherrod If you’re contemplating relocating your company to a new office or renovating your existing space, you may be wondering about what type of design elements to consider that accurately reflects your company culture and office environment, while adhering to the latest trends. While there’s no one-size-fits-all option, our latest blog lays out…
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John Hardin, CCIM, vice president of office sales and leasing at J.H. Berry & Gilbert, was recently quoted in an article by AL.com about J.H. Berry’s work in the sale of Homewood’s University Building. The 40,000-square-foot property is located at 85 Bagby Drive and was sold to a Florida investor in December 2016 for $1.62…
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The 40,000 square-foot property known as the University Building at 85 Bagby Drive, recently sold to a Florida-based investor for $1.62 million. In September 2013, Bill Smith, a local investor and CEO of Shipt, purchased the building with 40 percent occupancy. After a three-year period and significant renovations and lease-up by Smith’s team, they were…
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On Jan. 17, 2017, the Housing Authority of the Birmingham District (HABD) approved Southside Development Co. as its partner on the redevelopment of the Southtown public housing property. Our Michael Reilly, leasing and brokerage associate, was quoted in a recent article by the Birmingham Business Journal stating, “This redevelopment effort is definitely a positive initiative…
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According to a recent article in the Birmingham Business Journal, experts say 2017 should see the continuation of commercial real estate momentum that began in 2016. Our Philip Currie, SIOR, CCIM, told the BBJ, “Location drivers will continue to influence the market. Additionally, design factors and consideration are currently, and will continue to be, at…
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Peltown Realty recently purchased Magnolia Office Park from its original owner, Lewis Development and Management. The space, located in Birmingham’s Southside near Five Points South, consists of three buildings totaling 170,000 square feet and is 99 percent occupied. Our Philip Currie, CCIM, SIOR, president of J.H. Berry & Gilbert, helped broker the transaction. “The tenants…
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By Philip Currie As we approach the New Year, our team analyzed trends and stories that shaped Birmingham’s commercial real estate industry in 2016 and identified what we can expect in 2017. Commercial Real Estate 2016 Recap An early wave of momentum kicked off 2016 for the commercial real estate industry, which maintained steady growth…
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