Merchants & Manufacturers Terminal Building: Difference between revisions
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The '''Swalley building''' is a large brick commercial building on a 4.35-acre site where [[1st Avenue South]] dies into [[12th Street South|12th Street]], two blocks west of [[Railroad Park]] and bounded by [[I-65]] and the [[Sherman Ready-Mix]] plant. The 109,590-square foot warehouse building was constructed in [[1935]]. Two other metal buildings were added to the property over the years. | The '''Swalley building''' is a large brick commercial building on a 4.35-acre site where [[1st Avenue South]] dies into [[12th Street South|12th Street]], two blocks west of [[Railroad Park]] and bounded by [[I-65]] and the [[Sherman Ready-Mix]] plant. The 109,590-square foot warehouse building was constructed in [[1935]]. Two other metal buildings were added to the property over the years. | ||
The complex was purchased by an investment partnership for $2.5 million in [[2013]] and sold to another partnership in [[2017]] for $3.9 million. | The complex was purchased by an investment partnership for $2.5 million in [[2013]] and sold to another partnership in [[2017]] for $3.9 million. In [[2018]] Third & Urban of Atlanta, Georgia announced that it would redevelop the property as the [[Denham Building]]. | ||
==References== | ==References== | ||
Revision as of 16:42, 11 July 2018
The Swalley building is a large brick commercial building on a 4.35-acre site where 1st Avenue South dies into 12th Street, two blocks west of Railroad Park and bounded by I-65 and the Sherman Ready-Mix plant. The 109,590-square foot warehouse building was constructed in 1935. Two other metal buildings were added to the property over the years.
The complex was purchased by an investment partnership for $2.5 million in 2013 and sold to another partnership in 2017 for $3.9 million. In 2018 Third & Urban of Atlanta, Georgia announced that it would redevelop the property as the Denham Building.
References
- West, Ty (August 17, 2017) "Mystery buyer purchases prime Parkside property." Birmingham Business Journal