Beach church property is selling for a lot of money
According to court records, a property developer paid $ 6.5 million for the former Romar Beach Baptist Church at 23370 Perdido Beach Blvd. in Orange Beach. The buyer plans to develop a hotel on the 1.7 hectare property. David Milstead from Bellator Commercial and Steve Henry from Bellator Real Estate & Development oversaw the transaction. The proposed hotel would carry the Marriott brand with 76 rooms, according to the Orange Beach Planning Commission. The original beach building was destroyed by Hurricane Ivan in 2004 and the church was rebuilt in 2008. Hurricane Sally caused major water damage to the building.
According to Angie McArthur of Stirling Properties, a local investor paid $ 698,000 for Cumberland Place, a 4,200-square-foot mall at 7695 Cottage Hill Road, Mobile. The center is fully let.
Sarralle USA, a global industrial machinery and steel company, has rented 856 square feet of office space on Montlimar Place at 1110 Montlimar Drive in Mobile, according to Jason Scott of Stirling Properties, who represented Sarralle. CRE-Mobile’s Tommy Gleason worked for the landlord. Sarralle’s mobile office will serve as the company’s US headquarters and oversee operations in Alabama, Virginia and Pennsylvania. Sarralle has settled in Mobile through its contract with ArcelorMittal, which operates a steel mill in Calvert, AL. ArcelorMittal is a global steel and mining company.
According to Sharon Wright, Chris Harle, and Tracy Womack of White-Spunner Realty, a local investor paid $ 450,000 for more than 11 acres on Schillinger and Howell’s Ferry Road in Mobile.
White-Spunner Realtyâs Chris Harle and Sharon Wright, who represented the seller, said a local investor paid $ 325,000 for the former Eddie’s Pawn Shop building at 265 Azalea Road in Mobile. Gowan Lenaghan of White-Spunner Realty worked for the buyer.
JLL’s Buff Teague and Emily Miller, who represented the landlord, said Palmetto Infusion, an infusion therapy center, opened in Daphne Commons on US 90 in Daphne, covering an area of ââ3,770 square feet. Jeremy Milling of Milling Commercial Realty worked for the tenant.
Sweet Tease Hair Studio has rented 1,200 square feet in the Loxley Shopping Center on N. Hickory Street in Loxley and plans to open next month, according to Nathan Handmacher of Stirling Properties, who represented the landlord. The mall is anchored by a Piggly Wiggly grocery store.