20 Midtown

JLL, as exclusive advisor, is pleased to present 20 Midtown, a mixed-use investment opportunity located in the heart of downtown Birmingham, AL. The development consists of three buildings built across two phases and totals 436 apartments and ±85,435 SF of retail. Phase I and Phase II are available for purchase or recapitalization as individual assets or as a portfolio.

Phase I consists of two buildings, referred to as Building 1 and Building 2. Building 1 was delivered in 2016 and contains 38 units and ±8,707 SF of retail. Notable tenants include Starbucks, Chipotle, and AT&T. Building 2 was delivered in 2017 and contains 73 units and ±35,958 SF of retail, which is fully occupied by Publix.

Phase II consists of one building, referred to as Building 3, and was delivered in 2022. The building contains ±325 units and ±40,770 SF of retail occupied by notable tenants including Cava, Great Clips, Outback Steakhouse, Panda Express, and Synovus.

20 Midtown presents the rare opportunity to acquire best-in-class, mixed-use assets in the heart of downtown Birmingham at a significant discount to replacement cost. The Properties’ optimal location in proximity to Birmingham’s premier employers, including UAB, and exceptional retail tenants creates a unique live work-play environment.