A Look Back
The Pursuit of Opportunity
A Look Back
The Pursuit of
Opportunity
Founded in 2012, Burton Property Group is one of the largest real estate development firms in South Alabama. An established industry leader, the company has parlayed its success in its retail platform into other real estate classes, while realizing tremendous growth. The origins of Burton Property Group date back over a century to a successful Mobile family bakery, Smith’s Bakery. The sale of that company funded a series of successful family-owned real estate investments, including the purchase of the Silver Sands outlet center in Destin, Fla. in 1991 for $1.5 million. It was sold in 2012 for $200 million.
Where It All Began
In the early 1900's a Mobile Family business was born: Smith's Bakery
1900s
A Foundation For The Future
Smith's Bakery is sold
1988
Silver Sands Acquisition
Purchase of distressed development for 1.5 M
1991
Burton Property Group Is Formed
The vision takes flight with a comprehensive strategic plan
2011
Celebrate Success
Silver Sands sale closes for $200M
2012
Identifying New Potential
BPG invests $43 Mil in value driven potential
2012
Identifying New Potential
BPG acquires Jubilee Square
2013
BPG Transforms Development
The Pinebrook Center is redeveloped and sold
2014
Project Management Demand In '14 & '15
Built-to-suite projects take on elevated demand starting in 2014
14/15
Westwood Plaza Is Reinvented
Westwood Plaza Redevelopment is complete.
2015
Phase I Foley Square
First of five phases is complete and Academy holds Grand Opening.
2015
Acquisition Of Spring Hill Village
Spring Hill Village is purchased and planning for redevelopment takes flight
2016
Phase II Foley Square
Center in Foley continues to take shape with the completion of the second phase.
2016
Build-to-suit
BPG is engaged as a development partner by Roberts Brothers, a Berkshire Hathaway Subsidiary.
2017
Foley Square: Phase III
The third phase is complete and is turned over to tenants
2017
Crestview Plaza Acquisition
As BPG continues perusing redevelopment project to build value the center in Crestview, Florida is purchased.
2017
Foley Square Is Complete
Phases IV & V are completed the center takes on 100% occupancy
2018
BPG Partners On $30 Mil Development Project
Continental Motor Group Headquarters relocated to Mobile, AL
2018
Acquisition for Restoration Of Chinaberry
Aquiring this 1860's creole cottage in 2019 BPG is transforming the property into what will become a Class-A office space.
2019
Acquisition Of SprinHill Oaks
BPG identified the distressed multi-family property for its redevelopment potential and its historic value
2020
Historic Chinaberry Restoration Complete
The character shines through and the Class-A office space takes on new life
2022
South Alabama Logistics Park
Breaking ground in the fall of 2021 BPG spearheads development of the $600 Mil 1500 acre logistics park
2022