admin / November 11, 2018
By Kathy Jumper | al.com
ALDI, a German-based supermarket chain, paid $1.25 million for 7 acres at the northeast corner of Ala. 181 and Fairhope Avenue in Fairhope, according to Jay O’Brien of J.L. O’Brien & Associates, who represented the sellers. The site will be used for future store development and ALDI is looking at other sites on the Gulf Coast, according to Aaron Solomon of Capital Growth Real Estate, who represented ALDI. The grocery chain operates 1,600 stores in 35 states with 24 stores located in Alabama. More than 90 percent of the products in the company’s stores are ALDI exclusive brands.
The University of South Alabama, through its division, USA Health University Hospital, has leased 22,000 square feet at the 65 Dauphin Medical & Financial Center on Dauphin Street in Mobile to be used for additional office space for physicians, according to Gavin Bender Sr. of Bender Real Estate Group, who represented the landlord. Harry Brislin, director of USA Properties, handled the transaction for the university.
Neel-Schaffer, an engineering, planning and construction management firm plans to expand its office space with an additional 2,178 square feet in Bel Air Tower at 851 E. I-65 Service Road South in Mobile, according to Jason Scott of Stirling Properties. The company will occupy a total of 6,249 square feet when the expansion is complete next month.
Fairhope Realty Group has merged with Bellator Real Estate & Development and will be the second Bellator office location in Fairhope, according to Realtors. Terryl Reeves, owner of Fairhope Realty Group, will serve as the managing broker for the Bellator Fairhope Section Street office. Bellator will now have eight offices in Baldwin and Mobile counties.
Developers are seeking planning approval to develop 14 single-family home lots on 1.10 acres in the Village of Tannin at the northwest corner of Perdido Beach Boulevard and Middle Gate, just west of Meeting House Square in Orange Beach, according to city planning commission.
Construction is under way on a 15,000-square-foot Harbor Freight Tools store at 1205 U.S. 98 in Daphne, according to Aaron Solomonof Capital Growth Real Estate, who represented Harbor Freight. The national retail chain will be located just south of JBT Power store.
Jersey Mike’s Subs and First Watch daytime cafe have leased space in the newly-developed retail center at 1690 E. Nine Mile Road in Pensacola, Fl., according to Andrew Dickman of Stirling Properties, who represented the landlord in both leases, along with Brian Hennessy and Cody Romans of The Hutton Company. Construction is under way on Jersey Mike’s Subs, which will occupy 1,500 square feet, and First Watch will open in 3,400 square feet. Both restaurants should open next year.Previous  Next »