An industrial building in north Charlotte has a new owner following the closing of a $22 million off-market transaction. GCP, based in Birmingham, Ala., acquired 10000 Twin Lakes Parkway, a 464,974-square-foot industrial building that had been sitting vacant before The Silverman Group out of Short…
The industrial sector in the Southeast continues to heat up, and like the beginning of a hot southern sun1mer, there seems to be no end in sight. Rents are up across all markets with strong deal flow and absorption in the region, all signs of…
A Birmingham real estate firm just secured a significant amount of credit to continue expanding its footprint across the South. Graham Commercial Properties has secured a $200 million line of credit with Wells Fargo N.A. to use on acquisitions in high-growth markets in the Southeast….
First came the Latin American money. And now comes a big ol’ bank loan that will help a Birmingham, Alabama-based industrial investor buy a lot more warehouses in the Southeast, especially Atlanta. GCP has just secured a $200M line of credit with Wells Fargo for…
Transactions build portfolio for investors in fast-growing markets Industrial real estate company GCP has started off 2017 making significant progress toward its long-term goals of expanding its footprint in vibrant southeastern markets and creating value for investors through the acquisition, development, redevelopment and management of…
BIRMINGHAM AND HUNTSVILLE, ALA. — Birmingham-based GCP has closed four separate lease deals totaling 833,927 square feet with automotive suppliers in Birmingham and Huntsville. The landlord has signed Mercedes-Benz U.S. International Inc. to a 225,496-square-foot lease for parts storage at Shelby Commerce Park, a 1.5…
Latin American investors are increasingly looking at the U.S. as a safe place to grow their capital, and the Southeast industrial real estate market is benefitting from it. U.S. foreign direct investment led all countries last year, totaling a record $348 billion, according to this…
Graham Commercial Properties recently made a big acquisition in the metro Atlanta area. The Birmingham-based industrial real estate firm said it purchased 7900 Troon Circle for $9.4 million in an off-market transaction. The property is a 160,000-square-foot Class A industrial building. “The Troon Circle acquisition…
Graham & Co. and Graham Commercial Properties will move their headquarters from the suburbs to downtown Birmingham later this year. “We’re excited to be relocating to downtown Birmingham,” said Graham & Co. President Mike Graham. “We look forward to using our new offices to better…
Birmingham-based Graham Commercial Properties has announced a new wave of foreign investments, a sign of strength for both the growing company and the commercial real estate investment market as a whole. One of the nation’s largest owners of industrial properties, GCP recently announced the addition…
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