The Nature Conservancy of the State of Alabama has purchased approximately 32 acres of historic property with almost one mile of frontage on the west bank of Bayou La Batre for $285,000. This acquisition brings practically the entire southern boundary of Mobile County, from the Mississippi-Alabama state line to the Bayou, into public hands.
The 300-foot-deep tract comprises wetlands, historically filled spoil sites, longleaf pines and what is reputed to be the first site of French settlement on the Alabama mainland, according to a news release. The seller was International Oceanic Enterprises, which had owned the tract for several years. The transaction was initiated, managed and finalized under the supervision of NAI Mobile, which has handled the disposition of many maritime assists in the area.
According to Pratt Thomas with the Merrill P. Thomas Co. Inc. a local investor paid $225,000 for a 5,800-square-foot office/warehouse space at 356 State St., adjacent to the DeTonti Square Historic District. Oakleigh Custom Woodworks will occupy the building. Thomas represented the seller and John Peebles with NAI worked for the buyer.
Fairhope-based Hartmann, Blackmon & Kilgore (hb&k) has merged with Gibbons Co., an accounting firm located in Mobile. The merger will add a fourth location for the company, which currently has locations in Fairhope, Brewton and Foley. Gibbons Co. has provided businesses and individuals with tax and accounting services for more than 50 years. The firm will become a division of hb&k and remain in its current location at 3601 Springhill Business Park, Suite 202.
Pete Riehm with NAI-Mobile recently reported that maneuverings on the new Wal-Mart Distribution Center have officially been finalized. The transaction officially closed last week, equipment has been moved onsite and construction should be completed in roughly the next 18 months.
Per Vallas Realty, $450,000 was paid by a local speculator for a commercial plot next to the new CVS Pharmacy at U.S. Highway 31 and Jimmy Faulkner Drive in Spanish Fort. Vallas Realty and Christmas Properties managed the transaction.
Tupelo, Mississippi-based Renasant Corp. (NASDAQ: RNST) recently announced its entry into Mobile, as well as the hiring of Mark Fillers as its South Alabama president and multiple staffing hires for the local bank location. Renasant’s new office is located at 165 W. I-65 Service Road N. in Mobile and will house two mortgage lenders and three mortgage support team members along with banking and lending personnel.
Renasant Corp. is the parent of Renasant Bank, a 113-year-old financial services institution. Renasant has assets of approximately $8.7 billion and operates more than 170 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama, Georgia and Florida.
ACP announces new partnership
ACP Real Estate announced in a news release a new partnership that will increase its presence and services throughout the region. The sales division of ACP Real Estate will now be known as RE/MAX Coastal Properties, and the rentals division as ACP Vacation Rentals.
“ACP felt like we had somewhat plateaued in our growth rate on Dauphin Island and in south Mobile County. After much research, we chose to purchase a franchise to add to the ACP arsenal of sales tools,” RE/MAX franchise owner Kelby Linn said.
According to Linn, the residential real estate market in the south Mobile County region is rapidly expanding. This move will not only provide additional sales opportunities, she said, but will also enhance recognition of her business beyond the confines of Dauphin Island and Mobile.
Local owners Kelby and Robin Linn started out in 2002 with seven rental units and one agent. To date they have seven real estate agents and manage more than 100 rental units. For more information visit www.ACPREsales.com.
App for minority-owned businesses
The Mobile Area Chamber of Commerce’s Growth Alliance Task Force recently partnered with local minority-owned BRC Design and Print in an initiative to connect minority businesses and advocates by uniting them through an easy-to-use mobile app.
The MACC Diversity and Inclusion App is available on the iTunes and Google Play stores. It contains a comprehensive list of minority-owned businesses in the Mobile Bay area that have active supplier-diversity initiatives.
BRC Design and Print offers design services for print media, websites and is spearheading the introduction of the mobile app with the Mobile Chamber. According to experts, mobile apps are considered beneficial in today’s business landscape for small businesses that want to increase customer engagement by enabling more efficient interactions with clients.
“BRC Design and Print offers an app designed for their specific demographic. We can help businesses connect with customers, promote their services and generate more revenue,” a spokesperson for the company said. For more information visit its website.
Fuse Project welcomes Morrissette
Fuse Project announced that Ann-Brooks Morrissette has been named the nonprofit’s new planning and development manager. For the past year, Morrissette has been involved with Fuse Project as an Order of Fuse volunteer member.
“We are thrilled to have Ann-Brooks assuming the role of our planning and development manager. Her past experiences with our organization will serve her well in her new role to engage development and donor relations,” Adrienne Golden, executive director of Fuse Project, said. “She will play an integral role in advancing the mission of Fuse Project by developing donor strategies and increasing fundraising opportunities.”
Morrissette is a certified public accountant and most recently worked as a recruiting manager for PangeaTwo where she was responsible for recruiting accounting, finance, sales, administrative support, IT and engineering professionals for clients in the Mobile area.
Morrissette graduated from The University of Alabama with a bachelor’s in commerce and business administration in 2011 and a master’s in accounting in 2012. She is a member of the Alabama Society of Certified Public Accountants, and is active locally with the Leukemia and Lymphoma Society and Outback America.