Market Insights

Colliers | Alabama

Birmingham
880 Montclair Road
Suite 250
Birmingham, Alabama 35213
Tel:   +1 205 445 0955
Fax:  +1 205 445 0855

 

Huntsville 
200 Clinton Avenue
Suite 801
Huntsville, Alabama 35801
Tel:   +1 256 533 0035
Fax:  +1 256 539 4495

 

Joe Sandner, III, SIOR
CEO | Alabama
Tel: +1 205 949 5980
joe3.sandner@colliers.com

Birmingham & Huntsville Commercial Real Estate Trends

Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

Market Research and Forecasting Reports: Alabama

Q1 2016 | Birmingham Retail Market Report

Birmingham’s retail market had a sluggish finish to the first quarter of 2016 with 3,400 square feet of positive absorption but was an improvement from the fourth quarter where we had over 20,000 square feet of negative absorption due to several tenants vacating large amounts of space.

Q1 2016 | Huntsville Industrial Market Report

The Huntsville market began 2016 with a vacancy rate of 5.6%. The vacancy rate dropped 90 basis points from the prior quarter with absorption totaling a positive 298,864 square feet. Rental rates decreased 7.6% in the first quarter. Sales increased with 4 major transactions for the quarter.

Q2 2016 | Birmingham Office Market Report

The Birmingham office market ended mid-year with a negative 111,832 square feet of direct net absorption - bringing the year to date total to 156,787 square feet of negative absorption.

Q2 2016 | Birmingham Retail Market Report

Birmingham’s retail market picked up the pace during the second quarter of 2016 with 76,641 square feet of positive absorption, an improvement from the first quarter where we had over 3,400 square feet of positive absorption.

Q3 2016 | Birmingham Office Market Report

The Birmingham office market continued on trend finishing the third quarter with 31,847 SF of negative absorption, bringing the year to date total negative absorption to 192,895 SF.

Q3 2016 | Birmingham Retail Market Report

Birmingham’s retail market slowed during the third quarter of 2016 with 12,502 square feet of negative absorption, a decline from the second quarter where we had over 76,000 square feet of positive absorption.

Q3 2016 | Huntsville Office Market Report

If you look closely, you may very well see a light shining in the distance. That is not the sun, it just may be the dark market clouds are parting and the recovery is showing itself.

Q4 2016 | Birmingham Retail Market Report

Birmingham’s retail market picked up during the fourth quarter of 2016 with 112,252 square feet of positive absorption, an increase from the third quarter where we had over 12,000 square feet of negative absorption.

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Case Study

Colliers helps Hillshire locate a new urban headquarters that would meet it's unique business and cultural needs—in the client's 12-month relocation timeline. Learn more about this award-winning project.

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Alabama
880 Montclair Road | Suite 250 Birmingham, AL 35213 United States | Tel: +1 205 445 0955