In the News

by: Chad Petri Posted: Sep 14, 2019 / 03:54 AM CDT / Updated: Sep 14, 2019 / 04:06 PM CDT MOBILE, Ala. (WKRG) — A major manufacturer plans to cut the ribbon at their new facility later today. Announced two years ago, officials at Continental Aerospace Technologies, formerly Continental Motors, will officially welcome the facility at an invitation-only ceremony at 10:30 this morning. According to a news release: “This historical day will cement our position as a leader in general

In addition to winning high-profile projects, both Alabama and South Carolina are experiencing organic growth from existing companies. “We’ve witnessed and worked with some existing companies that are experiencing growth and expansion needs when it comes to their real estate,” says Philip Yost, vice president at CBRE’s Birmingham office. Honda continues to grow its operations in Talladega County with a multi-phase project that will improve flexibility, strengthen efficiency and prepare for future technologies. The latest

Burton Property Group recently announced it has completed an agreement on a joint development project with Stonemont Financial Group to construct Continental Motors Group’s (CMG) corporate headquarters and manufacturing facility at the Mobile Aeroplex at Brookley. “We are thrilled to be a part of the project team and the major progress this brings to the region,” Philip G. Burton, president and CEO of Burton Property Group, said. The new facility will consolidate operations for CMG

  MOBILE, ALA. — Burton Property Group (BPG) will soon break ground on a new corporate headquarters and manufacturing facility for Continental Motors Group at the Mobile Aeroplex at Brookley, an industrial complex and airport in Mobile. The facility will consolidate the aircraft engine manufacturer’s operations from 11 buildings situated on 45 acres to two buildings on approximately 20 acres. The buildings will total 275,000 square feet, with the majority being dedicated to aircraft engine

Mobile-based Burton Property Group (BPG) recently announced the recapitalization of its firm with a new institutional partnership with North Carolina-based SilverCap Partners. The move is anticipated to strengthen the firm and broaden its real estate portfolio, per a news release. “The partnership with SilverCap marks a new chapter for our company,” BPG President and CEO Philip Burton said. “It not only increases our ability to tackle major real estate projects, but also represents a secure