The Real Deal
Locals pay $2.35 million for hunting lodge;
Bank-owned strip center by Tanger Outlet sells;
Smart & Sassy no more;
Downtowner office building sells;
Ohio-based mortgage company arriving in June;
Newman out, new man in;
At long, long last, Whole Foods
By Kathy Jumper
Mobile Bay Times
A Mobile family paid $2.35 million for the 1,400-acre Kings Lake Hunting Lodge in Monroe County, Ala., just south of Frisco City, according to Calvin Weaver Jr., of Praytor Realty in Mobile, who represented the buyers. The property includes a seven-acre lake, camp house, bunk house and quail preserve. Tommy Gleason of Gleason & Roberds Commercial Real Estate worked for the sellers.
Local investors paid $650,000 for a bank-owned strip center at 2650 S. McKenzie St., across from the Tanger Outlet in Foley. The tenants in the 7,200-square-foot center include Sprint, Republic Finance and Nail Salon. David Milstead of Milstead & Associates represented the seller and Sharon Wright of White-Spunner Realty worked for the buyers.
A local investor paid $260,000 for the 2,500-square-foot former Smart N Sassy store on Gulf Shores Parkway in Gulf Shores, according to David Swiger of Swiger & Company Realtors. The investor also bought two adjacent lots for $75,000 and plans to develop a restaurant on the entire half-site, according to Swiger.
Investors paid $220,000 for a 4,300-square-foot office building at 755 Downtowner Loop West in Mobile, according to Angela McArthur of Prudential Cooper & Co. commercial division, who represented the sellers, the Quackenbush Family Partnership. Keith Vaughn of KV Properties worked for the buyer.
Crosscountry Mortgage, Inc., an Ohio-based mortgage company, has leased 1,000 square feet at 2090 S. Schillinger Road in west Mobile and will open in June, according to McArthur of Prudential Cooper & Co. commercial division.
William Haithcock, the CEO of the Harrisonburg/Rockingham Association of Realtors in Harrisonburg, Va., has been selected as the new executive director of the Mobile Area Association of Realtors, according to the association’s board of directors. Current director Jeff Newman plans to retire July 31 after 33 years at the post. Haithcock was chosen from a group of 34 applicants from around the country.
The Whole Foods Market website lists Mobile as a future store site, and Realtors say it is expected to open in Pinebrook Shopping Center on Airport Boulevard and McGregor Avenue. Whole Foods specializes in natural and organic foods and has more than 340 stores worldwide.
(Editor's note: Kathy Jumper's The Real Deal is a weekly feature in Mobile Bay Times. Her real estate column previously appeared for many years in the Press-Register. Please encourage others to subscribe so that it will continue to inform Mobile/Baldwin readers. Leads and tips welcomed. Her new email address is firstname.lastname@example.org)