The Shoppes at Rangeline, at the intersection of Rangeline and Halls Mill Road across from the new Veterans Administration clinic and adjacent to both a Lowe’s and a Walmart Supercenter, are under new stewardship.
The property is now managed by Mobile-based Lafayette Land Co. Christopher Huffman, chief operations officer with Lafayette Land Company, is co-owner and manager of the site. Leasing work for the property will be handled by Heather Huffman with NAI Mobile.
The 13,000-square-foot center will receive a facelift and extensive restoration. An outparcel facing Rangeline Road is currently under contract for lease with Rosemead, California-based Panda Express Chinese franchise.
Several other leasing agreements from national tenants are pending, according to Huffman. “Pre-construction leasing interest from major tenants within the shopping center has been very strong,” he said.
Lafayette Land is a family-owned and -managed commercial real estate development and construction company headquartered in Mobile.
• Olde Mobile Antiques Gallery & Estate Sales has relocated from its former address at 1616 W. I-65 Service Road S., along the beltline, to 653 St Louis St. in downtown Mobile, directly across the street from retailer Fowler Lighting and adjacent to The Cheese Cottage.
The locally owned antiques dealer and retailer downsized from the 46,000 square feet of space it leased for 12 years to purchase a 26,000-square-foot showroom with a nearby 4,500-square-foot warehouse space, encompassing a total of 30,500 square feet.
The 1940s-era “Automobile Alley” former car dealership site was acquired for upward of $1.3 million, with an additional $2.2 million of capital investment for site renovation and repurposing prior to re-opening. Olde Mobile will also be holding its popular first-weekend-of-the-month estate sale from Friday, Aug. 3, to Sunday, Aug. 5. More information can be found on the shop’s website
• According to Cameron Weavil, vice president with the Weavil Co., Stokley Nursery recently paid $320,000 for the former recycling center located at 1451 Government St. in midtown Mobile.
Headquartered in Semmes, Stokley Nursery is seeking city approval to open a garden center on the 37,500-square-foot property, which includes a 2,500-square-foot office and warehouse. A 17,000-square-foot adjacent lot, located at 1459 Government St., was acquired for $51,000 and will be used as nursery and/or storage space.
The owners also plan to invest $100,000 in interior/exterior renovations as well as outdoor landscaping prior to an expected opening in summer 2019. Stokley Nursery anticipates hiring some 10 workers to manage the new location when at full capacity; it currently employs upward of 100 at the Semmes headquarters.
Burton Clark with Cummings & Associates represented the seller of the former recycling center. Cameron Weavil represented Stokley Nursery. Steve Stone of DakinStreet Architects will handle property design.
• A Hardee’s restaurant in Gulf Shores was recently acquired by investors from Missouri-based Ditter Properties LLC for about $1.43 million. The 3,500-square-foot building sits on about an acre of property at 837 Gulf Shores Parkway.
Plans are in place for the fast-food franchise to continue operating on the site under a long-term lease agreement, according to a news release. Andrew Chason of Marcus & Millichap represented the seller. Jeremy Friedman with Katapult Properties represented the buyer.
• Zarzour Cos. recently announced the acquisition of Mobile Office Park, located at 3929 Airport Blvd. “This office asset is strategically positioned in our market, so it provides a great office location for any potential business. We have significant capital improvements planned,” CEO Matt Zarzour said.
Mobile Office Park comprises three buildings with more than 112,000 square feet of total office space. It is located at the southeast corner of Airport Boulevard and Azalea Road. In-house management firm Zarzour Management Co. will serve as property manager. Leasing inquiries can be directed to the Zarzour Cos.
• Advanced Integrated Security recently purchased a 3,000-square-foot building at 4260 Halls Mill Road in Mobile for $220,000. Gaines Zarzour with Zarzour Cos. represented the buyer. Adam Metcalf with Metcalf & Co. worked for the seller.
• Local investors have purchased 421 acres on Whitehouse Fork Extension Road in Bay Minette for $660,000. Steven McMahon with Inge & Associates worked for the seller. Nathan Cox with 68 Ventures and Geoff Lane of Katapult Properties represented the buyers. A portion of the property will be developed for custom residential builder Truland Homes.
• Local area developers recently purchased a 4-acre site on Radcliff Road near Highway 43 in Creola for $160, 000. The buyers expect to develop the site as a storage site for recreational vehicles, boats and self-storage. Tracy Womack with White-Spunner Realty worked for the buyer. Adam Metcalf with Metcalf & Co. represented the seller.
• A local investor recently purchased a roughly 9-acre plot at the corner of Hall’s Mill and Riviere Du Chien roads in Mobile for $350,000. Plans are in place to build a 30,000-square-foot office building and develop the rest of the site as a business office park. Adam Metcalf with Metcalf & Co. managed the transaction.
• Per city records, First Baptist Church in Gulf Shores is pushing for site plan approval to begin construction of a new center at 2300 W. First St. in Gulf Shores. The two-story building would have a footprint of nearly 20,000 square feet and be geared toward recreational use as well as worship activities.
• According to Amber Hightower Dedeaux with Vallas Realty Inc., the building nearing completion next to Sterling Hot Yoga at 2450 Old Shell Road and adjacent to the Publix Super Market at Midtown Center — identified as Building B in the plan design — will be the future site of new Rock N Roll Sushi and Taco Mama eateries.