First National Realty Partners Adds Brook Highland Plaza in Birmingham to Expanding Alabama Portfolio

Birmingham, Alabama

We are pleased to announce the acquisition of Brook Highland Plaza in Alabama, anchored by a 549,500 square-foot asset marks our second grocery-anchored shopping center acquisition in Alabama. Brook Highland Plaza is anchored by a 23,400 square-foot Sprouts Farmers Market. A publicly traded supermarket chain with over 340 stores across 23 states, Sprouts generated more than six billion dollars in revenue in 2021.

One of the most dominant retail centers in Birmingham, Brook Highland Plaza is co-anchored by a 127,000 square-foot Lowe’s Home Improvement, which has been a tenant since 2002; and a 23,400 square-foot Sprouts Farmers Market. A publicly traded supermarket chain with over 340 stores across 23 states, Sprouts generated more than six billion dollars in revenue in 2021. Additional national brands include Burlington, Best Buy, HomeGoods, Petco, Dollar Tree, Ulta, Five Below, and Ashley Furniture.

Brook Highland is located in a densely populated retail corridor with proximity to downtown Birmingham and several of its wealthy suburbs. The property is situated at a signalized intersection along Route 280, the region’s dominant east-west thoroughfare, which sees daily traffic of over 82,000 vehicles. A population of more than 79,000 with an average household income of over $134,000 lives within a five-mile radius of the center.

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