{ full article here } BIRMINGHAM, Alabama – A British pharmaceutical company will open its first manufacturing center in 2016 in Birmingham, Gov. Robert Bentley confirmed at theBirmingham Business Alliance 2014 Governor’s Luncheon. Oxford Pharmaceuticals is expected to have 61 employees when it opens and 200 within 10 years. Jobs will range in pay from about $12 an hour to more than …

{ full article here } Many of you have read about, and experienced, the current multifamily investment frenzy as we continue to learn of new Class A developments on almost a daily basis. Clearly, the market for apartments has been on a very strong run, driven by the low cost of debt and the abundance of equity that prefers this …

{ full article here } SEATTLE—Stagnant incomes and rising rents left the US with an unprecedented number of doubled-up households as people moved in together to make ends meet. That is according to locally based Zillow. The firm says that all those roommates have changed the American housing landscape, with 5.4 million households that would exist under normal conditions instead …

{ full article } Shoppers in Hoover will soon have more healthy grocery options, following an announcement that Whole Foods Marketwould open a location in the Birmingham suburb. Whole Foods currently has one Alabama location in Mountain Brook, according to areport from Fox 6, which is located inCahaba Village Plaza and opened in 2007. “We’re excited to announce that@WholeFoods will …

{ full article here } MOBILE, Alabama — The Downtown Mobile Alliance will hold a symposium on residential real estate Thursday, centering on the question of whether the downtown area need more multi-family homes. The two-hour long session will start at 3 p.m. at the Center for Living Arts followed by a reception. Professionals with backgrounds in real estate market analysis, …

{ full article here } WASHINGTON, DC—The apartment market is firing on all cylinders—or to be more precise, it is firing across all four areas of the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions. For the third quarter in a row the four areas the index measures—market tightness, sales volume, equity financing and debt financing–all rose over …

{ full article here } Investors are on trackto buy more multifamily properties this year than they did last year—impressive considering that last year apartment sale topped the peak year of the last real estate boom. “Markets continue to perform at peak levels… with near-term, pocketed softening on the horizon,” according to the “Multifamily Outlook” for Fall 2014 from Jones …

{ full article here } MOBILE, Alabama – In a bid to meet rising demand for its larger aircraft, Airbus Group confirmed Tuesday to Reuters its final assembly line under construction in Mobile will produce the A321 jetliner instead of the previously announced A320. Reuters reports Airbus Americas President Barry Eccleston told an audience in Seattle that the European planemaker is switching gears to allow the $600 …

{ full article here } MOBILE, Alabama — The Mobile County school board unanimously approved the sale of three school properties, including two historic buildings, during its meeting Monday night. The board agreed to sell the former Augusta Evans Special School on Florida Street  for $1,550,000, and to sell Old Shell Road School and the Russell School, both about 100 years old, …

{ full article here } Chicago-based Coyote Logistics has inked a lease to occupy the Saks building on First Ave. N. in downtown Birmingham. Currently located at Two Perimeter Park, Suite 305 West, the transportation and logistics service provider plans to move to its new location at 1904 First Ave. N. by the end of January or first of February …