Coro Realty Sells Two Industrial Buildings In Birmingham For $12.6 Million With Colliers Rep

The transaction involved the sale of two fully leased industrial buildings located at 3636 7th Avenue North and 608 37th Street North in Birmingham, Alabama. The sale was completed for a total price of $12,600,000.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $12,600,000
• Seller: Coro Realty
• Broker: Will Canary & Tripp Alexander - Colliers
• Market: Birmingham, AL
• Asset Portfolio: Airport Highway Park
• Previous Acquisition Price: $8,600,000
• Portfolio Size: Seven buildings

This sale is part of Coro Realty's value-add strategy following its previous acquisition of the seven-building portfolio in 2023. The transaction was facilitated by the brokerage firm Colliers, represented by Will Canary and Tripp Alexander.