Financial Center

Acquired in 2016, the Financial Center is a 311,000 square foot class A office building located in the Central Business District of downtown Birmingham. Built in 1982, the 17-story building is located at the intersection of 5^th Avenue and 20^th Street in the heart of the CBD among various national financial institutions and large regional professional service and law firms. The building was acquired in an off-market transaction at a substantial discount to replacement cost after the previous owner had invested significant capital in common area improvements. This institutional quality asset is one of a handful of elite office buildings in downtown Birmingham located near the various courthouses and other institutional users. The property is owned in a partnership among Daniel and various private and family office investors.