Birmingham firm sells portfolio for $800 million
Birmingham-based GCP has sold its Fund I portfolio to a group of institutional investors for $800 million. The portfolio included 11 properties in Alabama and others in Georgia, Florida, North Carolina and South Carolina. – REBusiness Online
Downtown Birmingham restaurant closing
Brick & Tin, a fixture in downtown Birmingham for the past decade, is closing its doors because of the pandemic. The restaurant’s Mountain Brook location will remain open, and a new delivery-based business, Bowl, will launch later this month. – Facebook
Alabama job fair goes virtual
Employers including Hyundai, Regions Bank and Alabama Power will take part in the ninth annual Alabama job fair, but this year, because of the pandemic, it will go virtual. The free job fair – featuring employers across central and west Alabama – will start at 10 a.m. on Wednesday and Thursday of this week. Registration is required. – WSFA-12
Jasper Lumber teams with Canadian company
Jasper Lumber Company and Tolko of Vernon in British Columbia, Canada, will partner to form Jasper Forest Products, which includes an existing sawmill, shavings, whole log chipper and trucking operations. Tolko manufactures a range of forest products, and Jasper Lumber Company makes pine lumber. – The Golden Star
Birmingham innovation, economic opportunity director stepping down
Josh Carpenter is stepping down as director of the Office of Innovation and Economic Opportunity in Birmingham. In his three years in the office, the group launched Birmingham Promise, BhamStrong and Prosper Birmingham, among other things. – The Birmingham Times
