CEFCO Convenience Stores

According to AL.com, local and out–of-town investors paid $7 million for 34 acres at the northeast corner of Highways 181 and 104 in Fairhope, according to Herrington Realty, which handled the transaction. The buyers, Encounter Development, plan to develop outparcels and interior parcels, and Herrington Realty will market the new project. Also in Fairhope, Lumber…