Real Estate Sales & Development
Retail Sale, Lease In Foley
Meadowbrook, a 60-unit apartment community located in Foley, recently sold for $6.82 million, according to AL.com. Pensacola-based Bayfront Capital Partners, a real estate investment firm,...
Burton Property Group Begins Spring Hill Village Upgrade
Burton Property Group, owner of Spring Hill Village Shopping Center, a retail center in the heart of Mobile’s Spring Hill district, has announced a $4-million...
Stoic Acquires Big-Box Location for Self-Storage
Fairhope-based Stoic Equity Partners has acquired a former Food World retail location for conversion to self-storage in a $5.3-million private equity investment. The 45,020-ft2 building...
Real Estate Roundup
According to AL.com, Missouri-based investors paid $2.29 million for the Sonic Drive-In at 321 South Greeno Road in Fairhope, according to tax records. Sonic will...
Baldwin County July Housing Report
Baldwin REALTORS Multiple Listing Service (MLS) reported a year-over-year increase in the average sales price in July 2021 for both “Resort” and “Traditional Residential” areas....
Vacasa Purchases Meyer Vacation Rentals
Portland, Oregon-based acquisition company Vacasa has purchased Baldwin County-basedMeyer Vacation Rentals and Meyer Services fromSH Enterprises, doubling its short-term rental footprint along the Alabama Gulf...
Real Estate Roundup
According to AL.com, a local property group paid $1.3 million for Orchards Mobile Home Park on Main Street in downtown Elberta, along with some rental...
Commercial Park In Mobile Sold
Pratt Thomas, CCIM of Merrill P Thomas Co., Inc., represented the seller in the purchase of the office building and property at 2475 Commercial Park...
Bellator Adds Nine Agents
Bellator Real Estate & Development has recently hired nine new REALTORS in its Eastern Shore, Mobile, Orange Beach, Fairhope and Beckham Partners offices. The agents...
Mobile-Area Home Sales Continue to Show Year-Over-Year Growth
According to the Mobile Area Association of Realtors, June home sales in the area increased 17.5% year-over-year (Y/Y) from 567 to 666 closed transactions, marking...
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