The former Southside headquarters of insurance agency McGriff Seibels has a new owner. Birmingham-based private investment firm Barber Companies recently purchased the building and associated lots for $5.122M and plans to “unlock the significant potential within these sites that have not come to market in decades.”
Barber Companies purchases former McGriff Seibels headquarters
Barber Companies has added a new property to its diverse portfolio of more than 200 commercial holdings throughout the Birmingham Metropolitan Area. Located at 2211 7th Ave S in Southside, the former McGriff Seibels headquarters is positioned between UAB and UAB St. Vincent’s, and across the street from the ongoing Edgehill at Southtown development.
“Real estate is a location business, and McGriff’s former real estate is extremely well-located in Southside. We are excited to bring these properties to market. We intend to bring the University Boulevard site to market as a retail ground lease or build-to-suit opportunity, and we anticipate strong demand for that location.”
Gifford Taylor, Chief Investment Officer, Barber Companies…