Stirling Assists Birmingham Water Works in Acquiring New Industrial Life Science Facility
Stirling Advisors Juhmad M. Hollis and Melissa Warren, CCIM represented Birmingham Water Works (BWWB) in their search to acquire a new building for the development of their new EnviroLab facility. The acquisition marks a pivotal moment in the BWWB’s relentless pursuit of advancing water quality standards in the Birmingham metropolitan area.
Through their collaborative efforts, BWWB acquired the class A R&D facility in Oxmoor South Industrial Park, located at 100 Lucerne Lane, Birmingham, AL. The newly acquired building measures 30,000 SF of office, wet lab, and warehouse space and is situated on 5.7 acres. Upgrades are planned for the facility to incorporate state-of-the-art technology for water-testing laboratory services. The life-sciences facility will serve as a cornerstone in the Birmingham Water Works’ unwavering commitment to ensuring the utmost in water quality for the communities it serves.
Juhmad M. Hollis and Melissa Warren, Advisors with Stirling, guided Birmingham Water Works through the intricate process of acquiring the building. Their profound knowledge of the Birmingham real estate landscape, combined with their skills in life science and industrial transactions, contributed significantly to the successful realization of this venture.
“We are excited to have assisted the Birmingham Water Works in acquiring their new EnviroLab facility,” stated Melissa Warren, Senior Advisor at Stirling. “This accomplishment not only exemplifies our commitment to delivering exceptional real estate solutions but also highlights our collaborative efforts with the Birmingham Water Works’ executive team and engineers.”
“As a commercial real estate advisor, it was an honor to work with Birmingham Water Works to assist them in achieving their goals. Having been born and raised in the City of Birmingham, this was a particularly important project because it impacts my family and the people in my community,” said Juhmad M. Hollis, Advisor, Associate Broker at Stirling. “Stirling has allowed me to not only utilize my Alabama real estate license but also engage in meaningful endeavors that resonate deeply with my roots and empowers me to seamlessly integrate my expertise, making a tangible and positive impact on the city that raised me.”
Stirling Properties Announces Louisiana’s #1 Megasite For Future Advanced Manufacturing & Logistics
More than 6,000 contiguous acres primed for development in St. Tammany Parish.
Stirling Properties announces that Bilten Park has been named Louisiana’s #1 megasite for future advanced manufacturing and logistics. Strategically located at the intersection of Interstate 12 and LA Hwy. 434 on the Northshore of the greater New Orleans area, this 6,031-acre site was recently opened for sale/lease and development opportunities. Stirling Properties and CBRE are co-listing the property.
Bilten Park is a premier location for local and national business relocation and growth and is primed to support a diversity of future users. The development-ready site offers unsurpassed amenities such as intermodal accessibility—including 3.5-linear miles of frontage along Interstate 12, proximity to numerous major markets, a regionally unmatched labor force, quality employer base, and superior quality of life. Future infrastructure additions are planned for the site.
As part of the greater New Orleans region, St. Tammany Parish boasts a healthy and cost-effective climate for conducting business. Additionally, the area’s nationally recognized school system, first-rate medical facilities, large population density, and high median income make the community an attractive destination for companies of every size.
Louisiana Economic Development Secretary, Don Pierson, said, “At Louisiana Economic Development, our goal is to secure quality jobs for our citizens, retain and grow companies with existing Louisiana operations, and attract new investments to our state. As we engage in recruitment efforts, development-ready sites are a critical component of success. Today, investors make decisions quickly, and communities must have construction-ready sites. The Bilten Park site is strategically located to provide ready access to logistical infrastructure assets. From highways and railways to pipelines, ports, and airports, Louisiana’s infrastructure advantages are second to none. The Bilten Park site location can also count on the impressive workforce capacity available in St. Tammany Parish and the surrounding area. We are confident it will yield a significant new regional investment.”
Bradley Cook, Sales & Leasing Executive with Stirling Properties, said, “Our local amenities and culture enhance the appeal of this future developments’ success. The quality of life in the New Orleans area is incomparable. We enjoy a year-round calendar of events along with a vibrant art, music, and recreational scene. This site offers much more than a place to do business; it is truly a place to call home! We anticipate ample interest in this unique development opportunity in the usage of office parks, logistics centers, manufacturing facilities, healthcare services, etc. in the near future—from both local and national industries.”
For sales and leasing information, contact Bradley Cook at (985) 246-3720 / bcook@stirlingprop.com, Darin Gosda at (713) 577-1819 / darin.gosda@cbre.com, or Bill Boyer at (713) 881-0919 / bill.boyer@cbre.com.
Stirling Properties Announces Latest Investment Sale in Mobile, Alabama
Stirling Properties’ agents Justin Toomey and Andrew Dickman recently completed the sale of a 100,000 square-foot United States Postal Service facility in Mobile, Alabama. The industrial distribution warehouse, located at 4538 Shipyard Road, was sold for $3.1 Million on Friday, July 31, 2015. Justin and Andrew represented the seller, Alabama Gulfstar, LLC and a local Mobile based investor group with the acquisition.
For more information regarding investment sales, leasing opportunities or any of your real estate needs contact Stirling Properties at 251-375-2495 or visit www.stirlingproperties.com.
