As we get ready to welcome the world in 2022 with The World Games, three Birmingham commercial real estate leaders are working to put our Magic City on the map. We spoke with Chip Watts, President of Watts Realty and President-elect of the Institute of Real Estate Management (IREM), to learn more.
Although commercial real estate is historically a boys’ club, women like Rachel Nichols and Lyndsy Yim are helping more women find their place in Commercial Real Estate. With help from Birmingham Commercial Real Estate Women (CREW), Rachel and Lyndsy have brought a fresh new perspective to Birmingham’s commercial real estate industry. Here’s how.
It’s no secret that Birmingham is a dream location for developers. The city offers a host of historic buildings just brimming with residential and commercial potential. Bham Now got to go behind the scenes of the city’s newest mixed-use renovation, and we’re taking you with us.
Over the last few years, Birmingham has experienced a renaissance and redevelopment of downtown in large part due to commercial real estate growth. Commercial real estate, according the Birmingham Association of REALTORS®, contributes $465 billion a year to the U.S. GDP (Gross Domestic Products Index).