Mobile-based Zarzour Companies announced Tuesday in a news release the purchase of 65
Dauphin Medical and Financial Center, located near the intersection of I-65 at 3290 Dauphin
Street, for $10.1 million.
“This acquisition is consistent with our focus on well-located, highly visible office assets within
the Mobile market,” Matt Zarzour, CEO of Zarzour Cos. said. “This is a stable asset in the
market, with several local, well established tenants and is a welcome addition to our portfolio. It
further illustrates our optimistic outlook for the Mobile area.”
The family-owned firm has been in the habit recently of acquiring prominent landmarks dotting
the cityscape along I-65’s northbound corridor, near the nexus of both Airport Boulevard and
In January, and previously reported in Lagniappe, Zarzour Companies purchased the 10-
story, 100,000-square-foot Bel Air Tower landmark for $4.25 million. To date, they now manage
over 300,000 square feet of high-end commercial property in the metro area.
Originally constructed in 1988, 65 Dauphin Medical and Financial Center is a 6-story angular
office tower encompassing 77,262 square feet of office space. The site sits on a 3.19-acre
lot and has 309 parking spaces.
The Class B building’s metallic teal hued, all glass exterior design stands out in stark contrast to
more traditional architecture found in surrounding business parks.
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