Our Company

News Archive

AUGUST 20, 2010

Q & A - An Interview with a Newsmaker: Emris Graham, Senior Vice President, EGS Commercial Real Estate, Inc.
Emris Graham, senior vice president at EGS Commercial Real Estate, believes Birmingham’s retail real estate scene has held its own during the recession, keeping a steady occupancy rate throughout the past year. Read More

AUGUST 11, 2010

Companies on the Move: August 11
EGS Commercial Real Estate Inc. recently closed three lease transactions in the Birmingham area. Read More

JULY 20, 2010

Positive signs in second quarter for Birmingham office, industrial leasing
Birmingham's office and industrial buildings finished the second quarter with more space being leased than vacated, a positive sign that an economic recovery could be hitting home in commercial real estate Read More

JUNE 15, 2010

Florida firm relocating distribution warehouse to Birmingham
A Florida-based company plans to relocate its Southeast distribution warehouse to Birmingham, said the company that negotiated its lease. Read More

JUNE 13, 2010

Birmingham area flooded with empty office space
A glut of sublease space threatens to slow Birming­ham's office market recov­ery, prolonging what has al­ready been one of the harshest commercial real estate markets for landlords in years. Read More

MAY 19, 2010

Companies on the Move: May 19
EGS Commercial Real Estate Inc. recently completed four lease renewals in the Birmingham area. EGS closed two lease renewals at Avondale Commerce Park, leasing a total of 3,120 square feet of industrial space. Read More

MAY 14, 2010

The Bottom Line
This week’s question: What’s your projection for the local commercial real estate market for the rest of the year? Which sectors do you expect to be strong and which do you expect to struggle? Read More

APRIL 23, 2010

Commercial real estate sector sees slight uptick
Birmingham’s hard-hit industrial real estate sector saw positive absorption for the first time in a year, according to a first quarter real estate report. Read More

APRIL 23, 2010

Report: Birmingham retail occupancy flat in 1Q
Occupancy in Birmingham’s retail real estate market remained flat in the first quarter, according to a report released Friday. Read More

MARCH 26, 2010

Two sides work together to keep DST's offices at Meadow Brook
DST Health Solutions was ready to make a move.  With its lease at Meadow Brook 2500 in Meadow Brook Corporate Park coming due, the company was exploring other options and not rating the possibility of renewal very high. Read More

MARCH 25, 2010

Business Notes
Birmingham's EGS Commercial Real Estate Inc., completed several lease deals recently. Read More

MARCH 19, 2010

Birmingham area real estate suffered in 2009
All the industry's key sectors -- office, retail and industrial -- found the going tough in one of the roughest markets in memory. The findings in a new report by EGS Commercial Real Estate, one of the city's largest commercial real estate firms and a major player in all three sectors, tell the story. Read More

 

MARCH 17, 2010

Companies on the Move: March 17
EGS Commercial Real Estate Inc. recently completed two new lease agreements, a lease expansion and a lease renewal in Birmingham and Madison. Read More

 

MARCH 12, 2010

Commercial real estate deals cut in half in 2009
Commercial real estate volumes and transactions were nearly cut in half in the Birmingham market last year, as investors were held back by constraints in credit and weariness in the economy. Read More

 

FEBRUARY 24, 2010

EGS secures from roofing company, law firm
Birmingham’s EGS Commercial Real Estate said it recently completed 31,000 square feet of new and renewed local leases. Read More

 
FEBRUARY 11, 2010

EGS secures four manufacturing, office leases
Birmingham’s EGS Commercial Real Estate announced 75,000 square feet in renewed and expanded local leases through its company. Read More

 
JANUARY 26, 2010

EGS lease deals total 100k square feet
Birmingham’s EGS Commercial Real Estate Inc. announced nearly 100,000 square feet in recent local leasing activity. Read More

 
JANUARY 22, 2010

For sale: Former Moore-Handley HQ in Pelham
One of the largest and most prominent pieces of property in Pelham will stand empty after the contents of bankrupt Moore-Handley Inc.’s corporate headquarters and distribution facility are sold at auction next week. Read More

 
JANUARY 20, 2010

EGS report: Retail real estate stung by loss of 'big boxes'
MANY OF THE LARGEST Birmingham area retail centers are feeling the pain as the industry's big-box era moves into retreat, a closely watched real estate survey shows.
Read More

 
JANUARY 11, 2010

80-job pipe coating plant coming to Bessemer
A Pennsylvania company will invest $5 million and create 80 new jobs with a new plant in Bessemer. Read More

 

December 9, 2009

Group seeks use for closed tire plant in Opelika

BFGoodrich's decision to close a 1.6 million-square-foot tire plant in Opelika with 1,000 jobs threatens to leave tread marks on one of the state's most dynamic local economies.  Read More

December 1, 2009

Commercial real estate: Warehouse space piling up in Birmingham area

Birmingham’s EGS Commercial Real Estate Inc. said it recently signed more than 52,000 square feet of local new and renewed leases. Read More

 

NOVEMBER 29, 2009

Commercial real estate: Warehouse space piling up in Birmingham area

Every segment of Birmingham's commercial real estate sector has felt real pain from a down economy, but the industrial real estate market has dealt with some industrial-strength suffering.  Read More

NOVEMBER 13, 2009

Local commercial brokers see bright spots

The news wasn’t all bad Friday morning, as local commercial real estate professionals gathered for the annual CCIM/NAIOP Market Review. Read More

NOVEMBER 11, 2009

Tarantin Tank expands with Birmingham location

Birmingham’s EGS Commercial Real Estate announced 38,000 square feet of new and renewed leases. Read More

NOVEMBER 1, 2009

Bank of Tuscaloosa Plaza

Completed in August, this bank is the first commercial development on the Tuscaloosa riverfront that was built to protect the environment offering a clean environment for workers and creating minimal disturbances to the surrounding rural area. Built on 7.25 acres (2.9 hectares), the building blends into its natural surroundings and protects three wetland areas on-site. Read More

OCTOBER 26, 2009

Bessemer firm moving to larger facility

Birmingham’s EGS Commercial Real Estate announced more than 35,000 square feet of new and renewed leases in the area. Read More

September 29, 2009

Human Resources

EGS Commercial Real Estate hired McKenzie M. Golson as a member of its leasing and brokerage team. She will specialize in office and retail leasing and brokerage.  Read More

September 25, 2009

Human Resources

Birmingham's EGS Commercial Real Estate Inc., recently completed one new lease and two lease renewal deals for companies in Birmingham. Marks and Weinberg PC leased 2,860 square feet of office space at 505 North 20th Street; Murray Bromstad of EGS represented the landlord and John Lauriello of Southpace Properties Inc. the tenant. Read More

September 17, 2009

Bank of Tuscaloosa Plaza earns green building certificate

The $32 million Bank of Tuscaloosa Plaza, which opens today, has strong Birmingham ties.The first commercial development in the Tuscaloosa Riverfront project, the 110,000-square-foot, four-story office building was designed by Birmingham's Giattina Aycock Architecture Studio. Read More

September 6, 2009

Food Terminal keeps tenants in tough times

There are few signs of a sour economy at the 1.1-million-square-foot Birmingham Food Terminal & Distribution Center off Finley Boulevard. Read More

September 1, 2009

Target Container renews lease

Target Container Co. has renewed its 80,500-square-foot lease at the Perimeter Industrial Park off Interstate 459 in Bessemer/McCalla. Read More

AUGUST 20, 2009

EGS closes two local leases

Birmingham’s EGS Commercial Real Estate Inc. said it recently closed on two local leases totaling 78,000 square feet. Read More

AUGUST 14, 2009

The Bottom Line

What do you expect from the local commercial real estate market in the final half of the year? “A growing trend in the Birmingham office market is the significant increase in sublease space. Read More

AUGUST 11, 2009

Retail vacancies on the rise:

Birmingham retail vacancies are climbing this year with little relief on the horizon. Read More

July 31, 2009

In the Trenches: Mark Byers

Mark Byers, a 22-year veteran of the industrial and commercial real estate industry, is executive vice president at EGS Commercial Real Estate Inc. Read More

July 10, 2009

A market rarity: New midtown office building opens

Birmingham’s surprisingly tight office market is about to get some new space. Read More

June 29, 2009

Inmark moves to Avondale from Pinson
Inmark Inc. will move its Birmingham facility from Pinson to Avondale Commerce Park, said the company that represented it in the new lease. Read More

June 23, 2009

Human Resources: Business

Birmingham-based EGS Commercial Real Estate Inc. recently completed three new leases and two lease renewals on office and industrial space in the Birmingham area. Read More

June 18, 2009

EGS lands local office, industrial leases

Birmingham’s EGS Commercial Real Estate said it recently brokered nearly 132,000 square feet in local office and industrial leases. Read More

May 30, 2009

Birmingham, Alabama, office vacancies below U.S. average

Birmingham's office market is holding up well compared to many of its Southeastern neighbors, according to a new report.  Read More

May 17, 2009

Vacant retail sites likely to last in Birmingham area

Birmingham area retail centers are being plagued by an increasing number of empty store fronts as the worst economic downturn in more than a generation shows few signs of abating.  Read More

May 12, 2009

EGS fills leases at Irondale's Commerce Square

Birmingham’s EGS Commercial Real Estate Inc. said it signed more than 31,400 square feet of renewed industrial leases at Commerce Square Drive in Irondale.  Read More

May 1, 2009

Business Briefs - Estate Planning Council of Birmingham names officers

Deborah McGill might be a relatively new commercial real estate broker, but she’s hardly new to the world of industrial real estate.  Read More

APRIL 24, 2009

Home Depot finishes distribution facility

The Jefferson County Economic and Industrial Development Authority confirmed that Home Depot has completed construction of its $33 million distribution center in its industrial park in McCalla. Read More

APRIL 21, 2009

EGS brokers new office, industrial leases

Birmingham’s EGS Commercial Real Estate said it recently closed on nearly 70,000 square feet of local industrial and office deals.  Read More

March 27, 2009

EGS releases $8 million follow-up spec building in Shelby County.

Following up on its successful Shelby West Distribution Center, EGS Commercial Real Estate returns to fast-growth Shelby County and Alabaster with a new warehouse and distribution center, Shelby West Commerce Center. Read More

March 27, 2009

Changing of the guard: Biotech firm steps up to take former Saks Inc. HQ

Commercial real estate deals often illustrate a sign of the times or the transformation of a community. Read More

March 24, 2009 

EGS signs four area leases

Birmingham’s EGS Commercial Real Estate Inc. said it recently completed nearly 41,000 square feet in new and renewed local leases. Read More

March 9, 2009

EGS: Ryder Integrated, others renew leases

EGS Commercial Real Estate Inc. said it recently renewed more than 34,000-square-feet of leases in the Birmingham area. Read More

 

March 6, 20098

Brokers: Seller financing on its way to Birmingham

Local commercial real estate brokers said a growing number of property owners are considering seller financing to get deals done and to free up capital. Read More

February 24, 2009

EGS signs distribution center in Bessemer 

Birmingham’s EGS Commercial Real Estate Inc. said it recently brokered more than 107,000 square feet of local leases. Read More