Mobile Purchase, Lease Deals
Pratt Thomas of Merrill P. Thomas Co., Inc., represented the seller in the sale of a 1,702-ft2 building at 110 South University Boulevard in Mobile to River Bank & Trust (RB&T) for $1,060,000. The building was built in 2018 as a build-to-suit for Krystal. After occupying the building for only two years, Krystal filed for bankruptcy in January 2020 and vacated the building. The bank plans to demolish it and will construct a branch, while utilizing as much of the existing site improvements as possible. Groundbreaking is slated for January 2022. RB&T is a full-service commercial bank based in Prattville, Alabama. It was established in 2006 by a group of local business leaders who have grown its assets to exceed $1.7 billion.
Also in Mobile, John M. Delchamps of Merrill P. Thomas Co. represented the landlords in the lease of 720 Schillinger Road. This property is in front of Target, across from Walmart, Home Depot and Kohl’s. Other tenants include AT&T, AAA of Alabama, Domke Market, Hollywood Nails, Master Cleaners, Merle Norman, Smoothie King, Sushi 9 and Villa Del Rey. Formerly occupied by Baskin-Robbins, the location will again offer a variety of ice cream.
Altaworx Named to Inc. 5000 List
Former Alabama Player Opens Restaurant In Bay Minette
Real Estate Roundup
Eastern Shore Ace, McAleer’s Cross Named Retailers Of The Year
C Spire Completes Cable Route
Gravity Island Offers New Lessons, Event
USA Health Adds OB-GYN
West Mobile Dental Care Expands Office
Austal USA Names New President
Mobile County Teachers Win Grants
Mobile County Commission Awarded For Campaign
Hansen Heating and Air Acquired By Air Pros USA
Shrimp Festival Cancelled
American Cancer Society (ACS) Chili Cook-Off To Be Held October 9
Mobile Firms Sign Pact With Guyana Construction Firm
Physician Joins Infirmary Health
MSO Kicks Off New Season On October 2 and 3
3 Echoes Announces Rebranding And Expansion
Bayside Orthopaedic Offers Saturday Sports Injury Clinic
Hurricane Ida Resource Fair Coming Up
Coastal Managers Training Coming Up
Mobile Fire And Rescue Department (MFRD) Wins Award, Grant
State Black Chamber Launches Directory
Jubilee Festival Details Announced
Coldsmith, Ryder & Associates Announces Lunch Events
United States Sports Academy Recognizes Employees
Ready to Subscribe?
Get weekly updates delivered right to your inbox.