The Birmingham age-herald., 1919-07-21
LEEDY CLOSESS SIX
 DOWNTOWN LEASES
Business Property and Fac tory Sites Included-Leedy
 Makes Statement

W. B. Leedy Real Estate and Insur- ance company just closed Saturday six long time leases on prominent down. town property Three of these leases aggregate sl3290o
 When interviewed by an Age Herald reporter w. B. Leedy said:
 Tn your paper of Saturday, you gave very correct statement of two long time leases made by us with D. A. Schulte, Inc, of New York. It may be we have closed the following leases:
 Property now occupied by Odeon Two theatre at No 121 North 2otf. street, owned by Messrs. E. l. and F. B. Simon. of this city, we hase leased to Messrs. John and William Gulas. who are now operating the Lontos and Faust cafes. These people will take possession on August 1. 1919, and expect to thoroughly remodel the building. so as to make 1t one of the most attractive cafes in the south. We have rented this building for term of years at an aggregate rental for the term of 2,41o.
 We have also closed lease with JosephNand Nathan Kartus, of Bessemer, for the two story building. 25x1oO feet, on the corner of Second avenue and 18th street. Bessemer. Ala, owned by l. c. and G. D. Lebolt, of Memphis, Tenn, on long term beginning January l, 1920, at an aggregate rental for the term of $45, 1000, which makes the high water mark for leases on Bessemer property. ly remodel the building and conduct therein an up- to- date ladies and men S ready-to-wear store.
 We have also leased to the Atlanta Battery Service company, for a term of years, lot fronting 75 feet on the north side of Avenue c, between 21st and 22nd streets, with depth of 140 feet, upon which construction will start immediately. The plan of the building that is to be erected on this lot will be an innovation in this city. The aggre- gate rental for the term is $25.50o. These people will come to Birmingham at once, will superintend the construc- ton of the building. and will occupy it immediately upon it's completion. This means the bringing of new people and new capital to this city.
 'Messrs w J. and J. F. Rushton are now erecting building fronting 90 feet on Avenue E, extending back along the east side of 21st street 40 feet to an alley, and while the building is not near completion, we have rented all the space for a long term at handsome rentals and will be occupied immediate ly upon completion by the following:
 Gafford Tire company 4ox90; exclu- sive distributors corporation. who have the exclusive agency for the Hassler Shock Absorber. will occupy 25x90 and Archibald -Goldstein Motors company agents for the Hupmobile, will occupy 75x9O feet on the corner.
 Buildings owned jointly by J. R Dowdell and city of Birmingham, as trustee under the will of Sallie E. Jack son, deceased the three e-story brick building. Nos. 15-17 south goth street now occupied by c. J. Geohegan Ma chinery Co.,, we have leased to Hood and Wheeler Furniture company for a term of years at a rental far in excess of the rental ever received for this building since it's erection over twenty five years ago.
 We have also leased for a term oi years to an overall factory, the third and fourth floors of building Nos. 2019- 21 First avenue, formerly occupied by the Turn verein. These upper floors have been vacant for years. The build ing is being remodeled and within g short time will be ready for occupancy at which time these people will come from a distant city. bringing with then many nv families. besides ample capi- tai
 Tt has been stated to us by some oi
 he newspapers ,(not the Age-Herald however,, that we are rather unfair tc
 hem and the public by not giving out
 interviews as to real estate transac-
 ions negotiated and being negotiated
 trough this office.
 We have no desire whatever to bt
 nfair to the newspapers or to the pub
 ;c. but you must remember that wt , lust also be fair to the property own,
 rs whom we represent. and if ge gave ut interviews before the final closing # transactions. publicity might be tho means of trades falling through, as ws nave known of several such instances
 ately. So, we make it point neve, 10 give out an interview until such mat
 CTS are finally closed, the papers sfgn, d and the money passed"