The former Belk department store at Brookwood Village has been subleased to Andrews Sports Medicine & Orthopedic Center. This is another step toward adding some new life back to the vacated former mall.
The purchase was $16 million, according to records from Jefferson County, and took place between FPL Brookwood (Fairway Investments and Pope & Land Real Estate) and HPIV Birmingham, LLC (associated with a medical real estate firm based in Wisconsin).
Fairway Investments and Pope & Land Real Estate purchased Brookwood Village in 2021. At the time, Brookwood wasn’t entirely empty, but evolving retail trends and the COVID-19 pandemic had dealt heavy blows…