Colliers Alabama

06/02/2026

🎉 Sold in Montgomery, Alabama! 🎉

Congratulations to our Director of Investment Sales, Will Canary, in coordination with the Colliers | AL Industrial team - Tripp Alexander and Joe Azar, on the successful sale of 1820 Ridgeway East in Montgomery.

This fully-leased industrial building sits on 2.45 acres and features a fenced drop yard, two drive-in doors, two dock-high doors, and 20-foot clear height. Although the property was listed by another brokerage firm, our team leveraged its market knowledge and investor relationships to identify the ideal buyer and successfully bring the transaction to a close.

This sale demonstrates the power of collaboration and the value of connecting the right investors with quality industrial assets throughout Alabama.

Great Job Will, Tripp & Joe!

06/01/2026

What better way to welcome a new team member than with a delicious lunch at Daniel George! 🎉

Today, we had the best time celebrating Kacey Ferguson, our new Marketing & Brokerage Coordinator. We’re so excited to have Kacey on the Colliers Alabama team and look forward to all the energy, creativity, and talent she’ll bring to the role.

Welcome, Kacey! We’re thrilled you’re here!

06/01/2026

Prime retail opportunity in the heart of Hoover! Hoover Commons, a ±195,805 SF shopping center located off Montgomery Highway, offers exceptional visibility from Highway 31, strong traffic counts of 36,000+ vehicles per day, and a dynamic tenant mix including Walgreens, Dollar Tree, Chick-Fil-A, and Burlington. With 905 surface parking spaces and available suites ranging from 5,240 SF to 16,604 SF, this well-positioned center provides an excellent opportunity for retailers seeking access to a strong trade area with a three-mile population of ±60,312 and average household income of $80,671.

Now available for lease — contact Wade Robinett to learn more. https://www.colliers.com/en/properties/hoover-commons/usa-1615-montgomery-hwy-birmingham-al-35216-usa/usa1118242

06/01/2026

🌟 Intern Spotlight: Meet Sam Gray! 🌟

We're excited to welcome Sam Gray to the Colliers Alabama team this summer!

Sam is a rising senior at Auburn University, where he's majoring in Finance. This summer, he's working alongside our Industrial Team, gaining hands-on experience and learning the ins and outs of commercial real estate.

When he's not in the office, you'll likely find Sam logging miles as a distance runner, listening to music, cheering on the Auburn athletics, spending time with his brothers in Phi Gamma Delta, or following his beloved Pittsburgh Steelers.

We're thrilled to have Sam on board and look forward to seeing all he'll accomplish this summer. Please join us in giving him a warm welcome!

05/29/2026

Mercedes-Benz continues to invest in Alabama's future with the opening of a new bridge and access road connecting its Tuscaloosa plant to the domestic marshalling yard. The project is expected to reduce shuttling costs by 70%, improve safety by eliminating truck traffic across public roads, and streamline the path from production to dealer delivery. Company leaders say the investment strengthens Alabama's role in Mercedes-Benz's global operations while supporting future growth, efficiency, and an enhanced customer experience.

https://businessalabama.com/mercedes-advances-its-logistics-operations-in-tuscaloosa/ | via

Completing construction of the bridge and access road provides direct connection to the company’s marshalling yards.

05/28/2026

🏙️ New Industrial Opportunity in Birmingham’s CBD!

Rarely does a property like this become available in such a prime urban location. Located at 📍1201 3rd Avenue North, this versatile office/warehouse asset offers exceptional visibility, immediate access to I-65, and built-in income potential.

Featuring 6,000 SF of office space, 7,000 SF of warehouse, and an additional 6,000 SF currently leased generating approximately $45,000 annually, this property is ideal for both owner-users and investors seeking a centrally located, income-producing asset.

Highlights include:
✔️ Open office layout with conference room
✔️ Multiple dock-high & drive-in doors
✔️ Rear recessed loading
✔️ 13 off-street parking spaces
✔️ Excellent interstate connectivity
✔️ High-visibility urban corridor

A unique opportunity to secure a functional industrial property in the heart of Birmingham. Contact us today to learn more! #

05/27/2026

Multifamily fundamentals may be stabilizing, but growing concessions and refinancing pressure are revealing cracks beneath the surface. Incentives hit a record $129 per unit in Q1 2026 as landlords prioritize occupancy and cash flow over effective rent growth — particularly in high-supply Sun Belt markets.

While today’s stress is far more selective than during the GFC, previously stable assets are beginning to appear on lender watchlists, creating both caution and opportunity as the market moves toward what could be a major turning point in 2027.

After two years of heavy deliveries, landlords are relying on incentives to maintain occupancy, particularly across high supply Sun Belt markets.

05/27/2026

🎉 Congratulations to our Sr. Director of Retail Services, Scott Holcombe, on closing another fantastic deal for his client!

Working alongside Michael Cassidy from the Colliers | Jacksonville office, Scott helped identify the ideal space to meet the client’s needs — and thanks to their teamwork and efficiency, the client was able to move in and get their business up and running in the Jacksonville, FL market in less than 60 days.

Another outstanding job by Scott and the Colliers team! 👏

05/27/2026

Big news for Huntsville retail! 🎉

Congratulations to our Senior Director, David Garnett, on successfully closing a 24,000 SF lease at University Plaza for Nordstrom Rack’s first-ever Huntsville location and only the second store in Alabama.

The Seattle-based retailer will bring its popular off-price shopping experience to University Plaza, offering customers up to 70% off apparel, shoes, accessories, beauty products, and home décor from top brands.

“We look forward to being a part of the Huntsville community and serving our customers with an amazing offering of great brands at great prices,” said Gemma Lionello, President of Nordstrom Rack. “We’re excited to grow our footprint in the Huntsville market and introduce new customers to the Nordstrom experience.”

University Plaza, located at University Drive and Old Monrovia Road and anchored by Best Buy and HomeGoods, is owned by Montana Property Group and leased and managed by Colliers | Alabama.

We’re excited to welcome Nordstrom Rack to the Huntsville market and continue helping bring dynamic retailers to North Alabama! 👏

05/22/2026

This Memorial Day, we pause to reflect with gratitude and respect for the brave men and women who made the ultimate sacrifice for our country.

“Remembering & Honoring All Who Served” — today and every day. 🇺🇸

We honor the courage, dedication, and selflessness of those who fought to protect the freedoms we cherish. Wishing everyone a meaningful and safe Memorial Day as we remember our heroes and the families who carry their legacy forward.