Magic City Real Estate is Becoming a Hot Commodity

Businesses are flocking to downtown Birmingham for modern/new office space and one building is taking on the challenge to accommodate this growing demand.

Open Space – this is what businesses nowadays are looking for in office buildings.

The original style of closed in offices for every employee is becoming outdated. Business owners have found that communication, interaction, and office morale increases with a more open space style.

John Hennessy, director with Colliers International Alabama, said that the Wells Fargo building on 20th St. N. has planned to renovate one of its floors to accommodate this open feel. It will do so according to the certain business that takes on the space and will make arrangements for its “unique personality”.

Joe Sandner IV, president and COO at Colliers, said it’s in line with a trend happening in many other parts of the U.S. Amid a growing number of local businesses that want to move to downtown Birmingham, Colliers hopes to show that Wells Fargo Tower can be a viable option.

Brent Godwin, BBJ

Along with technology, real estate is increasing its value with a “cool and contemporary” style, even in Class A office buildings. Take note Business owners out side of the city, the magic is within.

Read more from BBJ here

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Wade Cline

Marketing Producer at Bham Now, Tech Junkie, Foodie, Bham Lover, Movie Snob, Wannabe Quantum Physicist. You can likely find me either at Trim Tab Brewing or O'henry's Coffee in Homewood.

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