Sears bankruptcy: In metro Atlanta, few stores remain The Atlanta Journal-Constitution, by Matt Kempner, Oct 15, 2018 Full Article Sears, once the mightiest of American retailers, was an endangered species in metro Atlanta even before it filed for bankruptcy protection Monday. Even before waves of recent closures in the region, it had receded in the […]
Five Points South warehouse finding new life as 2200 Magnolia
REV Birmingham, HTC Profile, Posted on April 9, 2018 [link]
Anchoring a distinctive angled corner near Five Points South, the Family Services Laundry Building may have looked like an old brick warehouse to many passersby – but developer Mike Mouron saw potential as soon as he stepped inside.
The 92-year-old structure is one of three Birmingham projects that received a 2018 Alabama Historic Rehabilitation Tax Credit allocation. This development was awarded almost $1.67 million of the $12 million allocated for urban districts.
Mouron, founder and chairman of Capstone Real Estate Investments and a member of REV Birmingham’s board, has contracted Williams Blackstock to design and Stewart Perry to transform the space into 2200 Magnolia – a bright, airy office space that sister companies Retail Specialists and Retail Strategies will call home.
The Birmingham Business Journal describes Retail Specialists as one of Birmingham’s fastest-growing real estate firms, and Retail Strategies is its complementary consulting firm. The companies will occupy about 60 percent of the 30,000 square-foot space; Capstone is looking for the right tenants to fill other 12,000 square feet.