55
BIRMINGHAM, ALA. — Florida-based Arcis Investments has acquired a $13 million industrial portfolio in Birmingham, totaling 391,258 square feet.
Oxmoor Center is a five-building, 185,000-square-foot property, located along Oxmoor Road. The complex was 87 percent occupied at the time of sale.
Oxmoor Industrial is a five-building, 141,758-square-foot office/warehouse property. The complex was 70 percent occupied at the time of sale.
2700 Republic is a one-story, 64,500-square-foot distribution warehouse. The facility was 25 percent occupied at the time of sale. Newton Square, Pa.-based GMH Capital partners represented the sellers in the transaction.