April 21, 2023
Real Estate Update
Photo: Adobe Stock
According to AL.com, Barry Metals paid $410,000 for a 12,000-ft2 warehouse at 40850 Pine Grove Road in Bay Minette, according to William Peebles of CRE Mobile, who represented the buyer. The location will serve as the new regional headquarters for the metal fabrication company. Nathan Handmacher of Zarzour Cos. represented the seller. In Foley, Grand Riviera RV Resort on County Road 20 is scheduled to open later this month, and Gulfgate Park Management will manage the rentals, according to Ryals Realty. The resort includes 150 RV sites, half of which are presold, according to Alla Nikitina of Ryals. The project also includes three pools, a pickleball court, three bath houses, a playground and a dog park. In Orange Beach, plans for the former Romar Baptist Church at 23370 Perdido Beach Boulevard have changed, and the developers want to convert the building into a hotel, according to city planners. Marriott Management Co. has proposed a 76-room hotel with a rooftop bar for hotel guests on the 1.8-acre site.
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