Coro Realty Acquires Industrial Property In Birmingham For $13.8M With Brokers Colliers And The Overton Group

Coro Realty acquired an industrial property at 3501 1st Avenue North in Birmingham, AL. The property encompasses 239,370 square feet and was sold for $13,800,000, translating to a price per square foot of $58.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,800,000
• Sale Date: 01/29/2026
• Address: 3501 1st Avenue North
• Market: Birmingham, AL
• Square Footage: 239,370
• Price per Square Foot: $58
• Buyer's Representative: Tripp Alexander & Will Canary - Colliers
• Seller's Representatives: Jake Viverette & Will Redding - The Overton Group; Edwin Moss & Benjamin Bottcher - JH Berry

The facility is fully leased and includes notable tenants such as USPS, Division 7 Supply, and Sara Sells. It features 20 dock-high doors, LED lighting, and rail spur access. Financing was arranged through Seacoast Bank.