JWA completes new lease with KBR, Inc. at Galleria Tower

MONTGOMERY, AL  |  JANUARY 6, 2016 – Jim Wilson & Associates, LLC (JWA) is pleased to announce the completion of an 80,000 SF lease with KBR, Inc. (KBR) for office space at the Galleria Tower, JWA’s 275,000 SF Class A office building at Riverchase Galleria, Hoover, Alabama. KBR is a Houston based engineering and construction company with a great tradition in the Birmingham, Alabama market. Final plans indicate KBR will occupy floors 4, 11, 12 and 14 of the Tower. “With an outstanding effort by all parties working together, this new deal puts in place another exceptional company at the Galleria Tower,” said Jim Wilson, III, CEO of Jim Wilson & Associates, LLC. Construction and renovation of the office space for KBR has begun and occupancy is scheduled for the second quarter of 2016. KBR will bring over 400 people to the Galleria Tower.

Over the past three years, the Galleria Tower has been a major part of the overall renovation project of the Riverchase Galleria. Millions of dollars have been invested to change and upgrade the Riverchase Galleria, the state’s largest mixed-use project. Each component of the Galleria, including the Galleria Tower, the Galleria Shopping Center and the Hyatt Regency Birmingham-The Wynfrey Hotel, have benefitted from the investment in new office tenants, new interior finishes, the fully renovated hotel, upgraded parking facilities, new landscaping, new stores and exterior signage. Originally opened in 1986, the Riverchase Galleria, celebrating its thirtieth birthday in 2016, continues to be re-invented in every aspect with its timeless design made new again.

In the KBR/Galleria Tower transaction, the Galleria Tower was represented by Tanner Sumners of Harbert Realty Services. KBR, Inc. was represented by JLL agent, Carter Burwell. The General Contractor for the construction is Brasfield & Gorrie.

Jim Wilson & Associates, LLC, based in Montgomery, Alabama, is a privately owned real estate company specializing in real estate development including shopping centers, residential real estate investments, offices, condominiums, hotels and mixed-use developments. With over four decades of real estate experience, JWA has developed in excess of 21 million square-feet of shopping center space. The company’s development portfolio includes residential communities and condominium residences, mixed-use developments, Class A office buildings and hotel and country club assets. For more information about Jim Wilson & Associates, LLC, please visit www.jwamalls.com.

KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing approximately 25,000 people worldwide with customers in more than 70 countries and operations in 40 countries across three distinct global businesses. KBR is proud to work with its customers across the globe to provide technology, value-added consulting services, integrated EPC delivery and long term industrial services to ensure consistent project delivery with predictable results. For more information about KBR, Inc., please visit www.kbr.com.

 

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http://alabamanewscenter.com/2016/01/26/galleria-tower-owners-investment-upgrades-repairs-pays-off-big-lease/