Birmingham building transitions from baked goods to bucks

Birmingham’s former Baker’s Square restaurant has a new, but not unfamiliar, tenant. Shore Mortgage, already a presence in the city and metro area, has moved its Direct Lending Division to the 5,145-square-foot building.

Shore Mortgage president Robert Rahal says moving into a formerly vacant building was an “important step” toward both the company and Birmingham’s goal of redeveloping the city’s corridors and promoting growth. “Shore Mortgage is committed to the communities in which we are located and in which we service,” Rahal says via e-mail.

Thirty employees will move to the building, in Birmingham’s Triangle District, and another 100 more could be brought on board.

As the Triangle District is centrally located, “we selected this building for its easy accessibility to our growing Shore Mortgage and affiliate divisions campus, its strategic location close to major thoroughfares and to our employee community at large,” Rahal says.

Also, the space provided parking for employees and is within walking distance to the rest of the commercial and downtown district.

“By redeveloping a vacant commercial building, we are confident of the economic future of the area,” he adds.

Source:
Robert Rahal, president of Shore Mortgage
Writer: Kristin Lukowski