Real Estate Highlights
According to AL.com, a developer paid $6.5 million for the former Romar Beach Baptist Church at 23370 Perdido Beach Boulevard in Orange Beach, said court records. David Milstead of Bellator Commercial and Steve Henry of Bellator Real Estate & Development handled the transaction. In Daphne, Palmetto Infusion, an infusion therapy center, has opened in 3,770-ft2 in Daphne Commons on Highway 90, according to Buff Teague and Emily Miller of JLL, who represented the landlord. Jeremy Milling of Milling Commercial Realty worked for the tenant. In Loxley, Sweet Tease Hair Studio has leased 1,200 ft2 of space in Loxley Shopping Center on North Hickory Street, according to Nathan Handmacher of Stirling Properties, who represented the landlord.
In Mobile, a local investor paid $698,000 for Cumberland Place, a 4,200-ft2 commercial center at 7695 Cottage Hill Road in Mobile, according to Angie McArthur of Stirling. Nearby, another local investor paid $450,000 for more than 11 acres at Schillinger and Howells Ferry roads, according to Sharon Wright, Chris Harle and Tracy Womack of White-Spunner Realty. Also in Mobile, a local investor paid $325,000 for the former Eddie’s Pawn Shop building at 265 Azalea Road, according to Harle and Wright, who represented the seller. Gowan Lenaghan of White-Spunner Realty worked for the buyer.
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