NOT FOR REPRINT
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
500,000-SF SouthTrust Tower Changes Hands
BIRMINGHAM, AL-In a deal valued at upward of $50 million, Atlanta-based Barry Real Estate Cos. and a fund managed by VEF Advisors LLC acquires the tallest office building in the city from Equitable Life Assurance Society and the North Sixty Associates. The new owners plan as much as $12 million in upgrades to the property.
Trending Stories
Events
- Real EstateGlobeSt. ELITE Women of Influence (WOI) 2025July 21, 2025 - DenverGlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.More Information
- Real EstateGlobeSt. Multifamily Fall 2025October 15, 2025 - Los AngelesJoin the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!More Information
Recommended Stories
German Bank’s U.S. Exit Signals Growing Caution Among International Investors
By Erik Sherman | June 25, 2025
German CRE lender PBB plans to exit the U.S. because of uncertainty.
JVs and Creative Financing Shape Foreign Investment in U.S. Real Estate
By Erika Morphy | June 13, 2025
Foreign investors are targeting the Sun Belt and data centers amid market shifts.
Global Confidence in U.S. CRE Drops Sharply Amid Policy Turbulence
By Erik Sherman | May 13, 2025
Cautious optimism for 2025 has given way to uncertainty fueled by tariffs and escalating global trade tensions.
Resource Center
Report
Sponsored by TheGuarantors
2025 State of Renter Delinquency and Default
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Assessment
Sponsored by Building Engines
CRE Property Management Assessment: Your Building Operations Scorecard
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
White Paper
Sponsored by TheGuarantors
5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.