A recent article by the Birmingham Business Journal discusses Homewood’s Classic Wine Company’s relocation to 1831 28th Avenue South in SoHo Square from its previous spot at 1920 29th Avenue South. Cooper Smith, leasing and brokerage associate at J.H. Berry & Gilbert, represented the landlord during the transaction. “The addition of Classic Wine Co.’s brick…
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Bill Gunn, SIOR, CCIM, senior vice president at J.H. Berry & Gilbert, recently was cited in an article by the Birmingham Business Journal about the rising trend of industrial-office flex space in the Magic City. Bill describes some examples of innovative companies using existing warehouse or industrial buildings as flex space, such as Fetch, a…
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A recent article by the Birmingham Business Journal discusses the sale of a light industrial property on Birmingham’s Second Avenue North. According to the article, Heard/Powell LLC acquired the building at 911 2nd Ave. N. from KRW McNair LLC for $685,000. John Hardin, CCIM, vice president of office sales and leasing at J.H. Berry &…
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by Michael Reilly The growing popularity of the coworking space has been a buzz of conversation in commercial real estate circles over the past few years, and it’s a trend that offers unique business opportunities for tenants, landlords and brokers alike. Coworking spaces are offices available on a membership or subscription basis that are mutually…
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John Hardin, CCIM, vice president of office sales and leasing at J.H. Berry & Gilbert, gave his thoughts about the future of Southside in a recent article by the Birmingham Business Journal. The article discusses the groundbreaking of the new Vesta apartment complex and how it could affect the area. According to John, Highland Avenue…
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In the second installment of a recent article by GlobeSt., J.H. Berry & Gilbert’s Paulk Turner, MAI, director of Appraisal and Valuation Services, discusses the sales comparison approach to commercial real estate appraisals. “Similar to the cost approach, the sales comparison approach is based on the premise that an informed and rational buyer would pay…
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J.H. Berry & Gilbert’s Paulk Turner, MAI, director of Appraisal and Valuation Services, recently was quoted in an article by GlobeSt. about the complexities of commercial real estate appraisals and how they differ from residential appraisals. “Commercial appraisals require a greater level of research and analysis than residential appraisals, but the primary difference is based…
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J.H. Berry & Gilbert Executive Vice President Edwin Moss recently was quoted in an article by Bham Now discussing Birmingham’s influx of young professionals looking to live downtown and the supply of mixed-use developments to meet this demand. “The national trend certainly has been a movement toward urban redevelopment and living,” Edwin said in the…
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Sherwood Forest Partners LLC, a group of local investors, recently purchased the 14,162-square-foot office building located at 2545 Highland Avenue South for $2.1 million. J.H. Berry & Gilbert represented both the buyer and seller during the transaction, with Philip Currie, SIOR, CCIM, president, representing the seller and Edwin Moss, CCIM, CPM, executive vice president,…
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Philip Currie, SIOR, CCIM, president of J.H. Berry & Gilbert, was cited in a recent article by the Birmingham Business Journal about Iberia Bank’s recent purchase of 2000 International Park Drive in Hoover for $13.5 million. The Class A office space totals 130,000 square feet over six floors. Our Philip Currie represented the buyer during…
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