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Alabama: with new Mercedes-Benz and Mitsubishi facilities, the Heart of Dixie's real estate revs up

Published Monday, July 01, 1996

Spurred on by high-profile economic development successes, the pace of commercial real estate activity is picking up in the larger markets of the state of Alabama. In the fierce competition for new businesses, Alabama enjoys a number of advantages, according to Alabama Power vice president for economic development Phillip Wiedmeyer. "The Southeast is the fastest-growing region in the nation these days, and Alabama is strategically located in its geographic center." The moving in of Mercedes-Benz and Mitsubishi "is a sign that the economy is doing well. With companies like these moving in, it shows that the employment base ...

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