Alabama team finds 6 opportunities at U.K. airshow
The economic development team from Alabama said they found six potential growth projects for the state at the 2022 Farnborough Airshow in the U.K. Though none were named specifically, the projects were split between new facilities in Alabama and expansion of existing Alabama sites. – AL.com
U-Haul buys land in, plans facility in Daphne
U-Haul is planning a retail, moving and self-storage facility in Daphne after purchasing 4.1 acres east of U.S. Highway 98 and west of Old Spanish Trail. U-Haul Moving & Storage of Daphne is slated for completion in 2024. – Cision
Montgomery facility sells for $49.5 million
Broadstreet at Eastchase, a 276-unit multifamily complex in Montgomery, has sold for $49.5 million. Birmingham-based Marcus & Millichap, a real estate brokerage firm, announced the sale. – Marcus & Millichap
Brasfield & Gorrie EVP named Cornerstone winner
Jeff Stone, executive vice president at Brasfield & Gorrie, will be awarded the Associated Builders and Contractors Cornerstone Award at a ceremony on Nov. 1. The Cornerstone Award recognizes the lifetime achievement of an individual who has made a commitment to and positive impact on Alabama construction. – Brasfield & Gorrie
