Real Estate Sales & Development
Mobile-based real estate sales and marketing firm Sam Winter and Co., Inc. of Mobile recently announced the addition of agent James “Jim” Wagoner as an agent. As an attorney with years of experience in real estate law and a licensed realtor in Alabama, Wagoner brings a background in real estate, business and finance to the…Read More
Merrill P. Thomas Co. of Mobile recently announced the addition of Michael Reid, associate broker. Reid has more than 25 years of experience as a real estate agent, broker, and managing broker and specializes in commercial and residential sales, leasing and property management. A graduate of the University of Alabama, he is a founder and…Read More
According to AL.com, a Louisiana-based investment group paid $1.85 million for 94 acres on Waterworld Road in Robertsdale, along Interstate 10 just east of Buc-ee’s, according to Stacey Ryals of Ryals Realty, who brokered the transaction. The seller was Belle Fountain Land Co. The buyers plan to develop a destination wave park and riverfront RV…Read More
Spanish Fort’s 68 Ventures, the parent company for severall operating and development entities along the Alabama Gulf Coast and Florida Panhandle, recently rebranded its real estate development company, TerraCore Development Services. TerraCore is located in the 68 Ventures building on Highway 181 and is led by President Will Lowery, who manages all real estate development…Read More
Weyerhaeuser Co., headquartered in Seattle with property and facilities across North America, recently announced an agreement to purchase 69,200 acres of high-quality timberland from Soterra Leases, LLC, a subsidiary of Greif Land Management that operates in Alabama, Mississippi and Louisiana. The approximately $149-million sale includes land approximately 100 mi. north of Mobile. Weyerhaeuser calls the…Read More
Judd Gillespie has joined Fairhope’s Mobile Bay Realty after 20 years in the restaurant industry. An Atlanta native, Gillespie moved to the Eastern Shore 28 years ago and has been involved with various community boards and committees, from rehabilitation organizations to local sports boards. Additionally, the company celebrated its one-year anniversary on February 14, according…Read More
According to AL.com, local developers paid $450,000 for 35 acres on County Road 16 in Foley next to the Hidden Lakes subdivision, according to Pratt Thomas and Daryl Cleworth of Merrill P. Thomas Co., who handled the transaction. The property will be developed in two phases by D.R. Horton as a 119-lot subdivision called Kipling…Read More
Kaiser Sotheby’s International Realty recently celebrated the successes of its real estate sales associates for 2020. “Top Overall Sales Agent of the Year,” “Top Buyer’s Agent” and “Top Sales and Listing Agent” for Gulf Shores was Sandy Davenport. “Top Listing Agent of the Year” and “Top Listing Agent” for Orange Beach was Erin Kaiser. “Top…Read More
Merrill P. Thomas Co., Inc. of Mobile recently reported its handling of property sold at 17516 County Road 16 in Foley next to Hidden Lakes. Its agents/brokers Pratt Thomas and Daryl Cleworth facilitated the sale of 35 acres from John D. Flowers to Turnberry Development, LLC for $450,000. Construction has commenced on the land, which…Read More
Baldwin REALTORS’ Multiple Listing Service reports year-over-year increases in total number of properties sold in January 2021 for both “Resort” and “Traditional Residential” areas of the county, as well as significant percentage drops for average days on market (DOM). “Resort” saw 148 properties sold last month, compared to 139 in January 2020 – a 6.5%…Read More
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