Balch & Bingham Partner Craig Lawrence, Jr. discusses the positive trends in Birmingham’s commercial real estate market in an article published by the Birmingham Business Journal.
Craig notes that despite the ongoing pandemic, developers are investing and reimagining assets in new and exciting ways. The article outlines how the Southeast has become an attractive location for one the brightest real estate sectors in the country, industrial facilities. Additionally, the article analyzes how historically cheap debt continues to drive interest in investing in commercial real estate projects.
With continued change in the commercial real estate market, Craig encourages newcomers to the more sophisticated transactions to team up with highly-skilled operators through syndications and joint ventures when taking on complex or large projects.
Craig says that Birmingham will continue to be a bright spot in Alabama where we will see some of the state’s most inspiring projects in 2021.
Craig represents banks and developers in ground-up real estate development projects. He also represents high-growth technology companies in formation and exit transactions.