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,...
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....
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...
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...
Downtown Mobile Gayfers Building Renovation Possible
The Gayfers department store building in Downtown Mobile has been vacant and deteriorating for more than 35 years, but it may be poised for rebirth,...
Subscribe to our weekly newsletter
Sign up here for free to get Bay Business News email newsletter every Friday.
By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.