Colony Woods apartments sells for $71 million
Colony Woods, a 414-unit multifamily property in Birmingham’s Cahaba Heights, has been sold for $71.4 million. Forum Investment Group sold the property to Arcan Capital in a deal arranged by Cushman & Wakefield. — BusinessWire
Alabama Power honored for emergency response
Edison Electric Institute awarded double honors to Alabama Power Co. for its recovery and assistance efforts following extreme weather events. One recognized help in Texas after winter storm Landon; the other response after tornadoes in its own service area. – Alabama News Center
Tageos joins Auburn RFID advisory group
European RFID tag maker and designer Tageos has been added to the advisory board of Auburn’s RFID lab, which works with radio frequency identification.— Auburn University
Tidewater Equipment Co. has opened a construction equipment sales, parts and service center in Enterprise. The facility features Case Construction Equipment. — Compact Equipment Magazine
