Real Estate Sales & Development

Gulf Coast Realtor is Top Producer

April 16, 2021
In

Clint Flowers, ALC, was recently named National Land Realty Top Producer Nationwide for 2020. Flowers is the managing broker for National Land Realty throughout the Gulf Coast region. He also won the honor in 2016, 2017, 2018, and 2019; was named the Alabama Land Agent of the Year in 2019; is a three-time recipient of…

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Baldwin County March Housing Report – Best Numbers Yet

April 16, 2021
In

Baldwin REALTORS® Multiple Listing Service (MLS) started reporting “Traditional Residential”- and “Resort/Island”-based statistics separately in February 2020. Since then, March 2021 has produced the highest average sales price for both categories, and the combined total properties of 956 is the highest seen since Baldwin MLS began its monthly reporting in 2017. Along with the high…

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Major Industrial Park Development For Theodore

Major Industrial Park Development For Theodore

April 9, 2021
In

Details for a master-planned industrial park, South Alabama Logistics Park, were recently unveiled, according to FOX10. A three-year collaborative effort between the Alabama State Port Authority, Burton Property Group of Mobile, the City of Mobile, Mobile County and the Mobile Area of Chamber of Commerce, the 1,300-acre park will be located off Interstate 10 near…

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Berkshire Hathaway Announces Major Sales

Berkshire Hathaway Announces Major Sales

April 9, 2021
In

Berkshire Hathaway HomeServices Cooper & Co. Inc. has announced Otto Brewer’s purchase of two office warehouse buildings totaling more than 33,400 ft2 on 5.3 acres at 3927 and 4001 Halls Mill Road in Mobile for $850,000 to a private investor. David Cooper of the company’s commercial division worked with the buyer and represented the seller.…

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Century 21 Meyer Real Estate Team Awarded

April 2, 2021
In

James Williams, broker/owner of CENTURY 21 Meyer Real Estate,recently announced that CENTURY 21 Real Estate LLC recently awarded the Pete Vakakes Team with its 2020 President’s Team Award. The annual award is bestowed upon those independent CENTURY 21 sales teams that earn the CENTURY 21 CENTURION Team award and the Quality Service Pinnacle Team award…

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Real Estate Roundup

April 2, 2021
In

According toAL.com, local investors paid $650,000 for 8.5 acres on Highway 158 in Saraland next to Azteca’s Mexican restaurant and plan to develop a medical and dental office clinic on the property, according to Kenny Nichols of Vallas Realty, who represented the seller. Dell McCraney of CARR worked for the buyers. In Mobile, the former…

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Lument Provides Fannie Mae Loan For Stone Ridge Apartments

March 26, 2021
In

Lument has provided a $33-million Fannie Mae loan to refinance Stone Ridge Apartments, a 317-unit garden-style apartment complex in Mobile, according to Rebusiness Online. Chad Hagwood and Brandon Pate of Lument led the transaction. The unnamed borrower has more than 35 years of commercial real estate experience and a 15-year working relationship with Hagwood. Stone…

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Real Estate Roundup

March 26, 2021
In

AL.com’s local real estate roundup reports that a local investor paid $475,000 for 1.24 acres at the southeast corner of McGregor and Springhill avenues in Mobile, according to John Vallas of Vallas Realty. On nearby Moffett Road, Piggly Wiggly has leased the 46,000-ft2 former Winn-Dixie store space in the Town West shopping center to open…

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Mobile Middle School Building Sold

March 26, 2021
In

Mobile Mayor Sandy Stimpson announced that the City of Mobile bought the former Mae Eanes Middle School at 1901 Hurtel Street in Mobile. Having been derelict since closing in 2018, it has garnered offers in recent months (Mobile Middle School Building To Be For Sale). Stimpson said the city will use it “as a potential…

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Baldwin Realtors Releases February Report

March 19, 2021
In

The Baldwin REALTORS Multiple Listing Service (MLS) reported February year-over-year increases in properties sold, average sales price and new listings for both the “Resort” and “Traditional Residential” areas of Baldwin County. Total sales volume for the county increased by 44.4% from $165,108,215 in February 2020 to $238,453,533 last month. A total of 444 “Traditional Residential”…

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