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Popbar and Baba Java Coffee to Join The Edge Homewood Development

Popbar and Baba Java Coffee will be joining The Edge, a new mixed-use development coming to Homewood, Alabama. The development includes micro-restaurants, retail, event/green space and outdoor activity areas. Centrally located between West Homewood and Edgewood on Green Springs Hwy., The Edge offers walkability to two of the areas fastest growing neighborhoods. Harbert Retail’s Casey Howard and Charlie Norton represent …

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Harbert Retail Represents Southern Immediate Urgent Care in NNN Sale-Leaseback

Harbert Retail’s Casey Howard represented Southern Immediate Urgent Care (SIC) in the Absolute NNN Sale-Leaseback of their stand-alone clinic at 1575 Montgomery Highway in Hoover, Alabama. Texas-based REIT, NADG NNN ACQUISITIONS INC., was the purchaser. “SIC is a valued client and we are thrilled to help grow their footprint,” stated Howard. “The sale-leaseback provides SIC with flexibility to continue further growth …

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Peterbrooke Chocolatier opening soon in Cahaba Heights

Peterbrooke Chocolatier, a European-style chocolate shop chain based in Jacksonville, is set to open its doors in The Heights Village shopping center in Cahaba Heights later this summer. The second Peterbrooke Chocolatier location in Alabama, the Cahaba Heights location is a family affair, with several members of the Tharani family going in on the venture. The decision to open a …

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Congratulations Harbert Team on Costar Awards!

Harbert’s Casey Howard and Tanner Sumners had deals chosen as Costar Top Retail/Office Leasing Quarterly Deal Winners for Q1 2023. https://www.costarpowerbrokers.com/quarterly-deals-winners?market=206&quarter=Q1+2023&category=791 https://www.costarpowerbrokers.com/quarterly-deals-winners?market=206&quarter=Q1+2023&category=771   Harbert’s Charlie Norton was named as a top Office Leasing Broker and Norman Tynes was named as a top Retail Leasing Broker. Harbert Realty was also named a Top Sales Firm. https://www.costarpowerbrokers.com/annual-award-winners?market=206&year=2022   Congratulations Norman, Charlie, Casey, …

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Painted Lady Hotel to Open at The Battery II

Addicus Private Equity, LLC announces the name and concept for its new boutique hotel to open in the Automotive Historic District of Birmingham. The Painted Lady occupies the old Eyer-Raden Building, nestled in the revitalized Battery development steps aways from new restaurants. Addicus Private Equity is partnering with hospitality veteran, Lark Hotels, to oversee the management of the 22-room hotel. …

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Harbert Retail Represents Landlord in Deal Bringing Bandwagon to its Second Retail Location in Cahaba Heights

Bandwagon, a retail sports boutique, has announced its second retail location coming to Cahaba Heights in the summer of 2023.   Bandwagon was founded in January of 2021 and is currently located in downtown Homewood.  The retail boutique serves its customers with sports equipment, community branded apparel and athleisure wear.  The Cahaba Heights location will expand Bandwagon’s footprint to serve …

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Harbert Retail Represents the Seller of Sylacauaga Property

Harbert Retail’s Casey Howard and Lacey Scott represented the seller of a former car dealership that included a 24,000 SF freestanding building on 4 acres located at 42490 Highway 280 in Sylacauga, Alabama. The property, located in a growing retail corridor across the street from the new Circle K fuel center, sold for $900,000. Nearby retailers include Walmart, Home Depot, TJ Maxx, …

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Harbert Retail Represents Buyer of a Dunkin’ Property in a 1031 Exchange Purchase

Harbert Retail’s Casey Howard and Lacey Scott represented the buyer of a Dunkin’ in a 1031 exchange purchase for $1,788,910 (5.5% Cap Rate). An experienced Dunkin’ operator with 36 locations across 6 states has entered into a long tern 20-year absolute NNN lease at the newly constructed Montgomery location.   The new Dunkin’ is located at 6300 Atlanta Highway, a …