Birmingham office portfolio trades for $28.25M
United States, Aug. 13 -- JLL Capital Markets announced today that it has completed the $28.25 million sale of 500 and 1200 Meadow Brook North, a two-building office portfolio totaling 265,032 square feet in Birmingham, Alabama.JLL represented the seller, SDM Partners, LLC & Blue Vista Capital Management, and procured the buyer, Gorney Realty Co.Built in 1987 and 1988, 500 and 1200 Meadow Brook North offer 135,158 square feet and 129,874 square feet, respectively. Together they are 93% occupied and feature best-in-class amenities, including renovated tenant lounges, grab-and-go markets, conference centers and fitness centers. Meadow Brook North's diverse tenant base spans multiple industries, including financial and insurance, healthcare an...
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