Philip Currie, SIOR, CCIM, president of J.H. Berry & Gilbert, was quoted in a recent article by the Birmingham Business Journal about the growth of property values in the Parkside District. According to experts quoted in the article, it is possible that values in Parkside will eventually hit a plateau, but not necessarily in the…
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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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J.H. Berry’s Paulk Turner, director of Appraisal and Valuation Services division, recently served as a guest contributor to Real Estate Alabama (REAL) with an article about the top things property owners need to be aware of when seeking an appraisal. In the article, Paulk discusses the difference between commercial and residential appraisals, as well as…
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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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Paulk Turner, MAI, Director of the Appraisal and Valuation Services division at J.H. Berry, recently authored an article that was featured in the Birmingham Business Journal titled, Six Things to Know About CRE Appraisals. In the article, Paulk outlines six of the top things that property owners need to be aware of when seeking a…
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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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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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