Fort Lauderdale, Florida-based Results Co. is opening a 10,000-square-foot telemarketing center in Mobile at 3262 Dauphin St., directly behind the Waffle House and Wendy’s eateries.
Plans are in place to hire upward of 500 local employees, with a job fair anticipated to be held sometime in June followed by with an expected opening date of early July, according to Matt Cummings with Cummings & Associates, who handled the transaction. For more information on positions to be filled and requirements, visit the Results Co. website.
Two commercial buildings encompassing 9,000 square feet and located at 124 Industrial Parkway in Saraland were sold for $460,000. Mobile-based Nordan Contracting Co. Inc. will soon occupy both buildings. Paul Carter of the Paul Carter Agency represented both buyer and seller in the transaction.
ACCEL recently leased an 18,777-square-foot section of the office park at 3100 Cottage Hill Road and inhabiting the entirety of Building Three in the office park complex. ITT Educational Services previously occupied the site. Marietta Urquhart of White-Spunner Realty represented ACCEL in the lease transaction. David Dexter with NAI-Mobile worked for the owner of the Bel Air office complex.
ACCEL Day and Evening Academy — Alabama’s first public charter school — will serve high school students in grades 9-12 from Mobile, Baldwin and Washington counties. The school’s focus will be on providing nontraditional students with a college preparatory curriculum, individualized construction, small class sizes and access to up-to-date educational technology.
Dallas-based Wingstop recently leased a 1,360-square-foot restaurant space in the Westgate Pavilion Shopping Center at 7450 Airport Blvd. in Mobile. The eatery was originally scheduled to open last fall, per Andrew Dickman with Stirling Properties, who managed the transaction.
This marks the first Mobile location for the chicken wings chain. Bone-in, boneless and chicken tenders will be the primary fare served at the location, according to general manager Kevin Patel. Beer and wine will also be sold, pending approval from the city.
According to Adam Metcalfe of Metcalfe & Co., some 10,000 square feet of office space located at 3490 Hurricane Drive in Mobile was recently leased by Hepaco, a full-service environmental contracting firm.
4 Hearts Flowers, a florist, has leased 1,400 square feet of retail space at 5546 Old Shell Road across from the post office, relocating from 5466 Old Shell Road. Olde Shell Square shopping center co-tenants include Papa John’s, Dog Days Barkery, Vanity Hair Salon, Boudreau Veterinary Clinic and Bubble Lounge.
According to general manager Jason Barje, new restaurant Big Wave Dave’s Beach Bar and Grill will be opening this summer. Located at 22073 Perdido Beach Blvd. in Orange Beach, directly next door to Ron Jon Surf Shop, the property will cover some 8,000 square feet of space with a seating capacity exceeding 300 and including two bars.
Front of the house positions including servers, bartenders, hosts, bussers and runners, as well as back of the house jobs such as line cooks and dishwashers are currently available. For more information on job requirements call 251-981-2340 or visit the restaurant’s Facebook page.
The former 2,356-square-foot BB&T Bank property at 34023 U.S. 98 in Lillian was recently acquired for $320,000 by a local investor, according to Adam Metcalf with Metcalf & Co., who worked for the seller. Joe Steen Real Estate and Development represented the buyer. Lillian Pharmacy presently occupies the building.
Nikki Coker with NAI-Mobile represented an out-of-state buyer of the former Maestro’s restaurant, acquired for $880,000. The purchase included all furniture, fixtures and equipment within the property.
The restaurant is 4,840 square feet and located in the Ogletree Village Shopping Center in Auburn. The vacant restaurant is considered a turnkey opportunity for investors, according to Coker. Philip Minor of Weichert Realtors — Porter Properties worked for the seller.
AIM Group invests $6.4 million in new venture
Mobile-based Angel Investor Management Group (AIM) joined with Fidelis Capital and Bonaventure Capital to complete an $8.9 million equity purchase in Deep Fiber Solutions of Atlanta, according to a news release. Leading the round with $6.4 million, this represents AIM Group’s largest investment to date.
Deep Fiber Solutions is a cable engineering and construction company with patented technology to eject the core of a coaxial cable and install a fiber optic cable replacement into the conduit created by the coaxial removal. This solution comes at a substantially lower cost than traditional boring and trenching, and is completed quickly by industry standards.
“This transaction will provide Deep Fiber Solutions with the expansion capital necessary to address the market demand for our unique core ejection/fiber optic installation service. Additionally, we are excited to have AIM Group, Fidelis and Bonaventure Fund as partners moving forward,” Mark Davis, CEO of Deep Fiber Solutions, said.
“We were immediately blown away by the technology. Having been involved in constructing some of the early fiber optic networks in the 1980s, I fully appreciated the elegant solution that the Deep Fiber team created to enable old coaxial networks to be upgraded to fiber optic networks without all of the hassles of trenching and boring,” Jim Corman, managing partner of AIM Group, said. The funding will allow Deep Fiber Solutions to continue its work delivering solutions to the cable industry.
AIM Group’s focus is on providing capital to early-stage and expansion-stage technology companies. It has completed almost 50 funding transactions since 2011, investing in 28 companies. Capital amounts have ranged from $500,000 to $6.4 million per round. The investment in Deep Fiber Solutions reflects a maturation of the investment strategy implemented by AIM Group managing partners Clay and Jim Corman.
AIM Group has 265 active investing members with locations in Birmingham, Nashville, Huntsville, Pensacola, Mobile, Montgomery, Auburn and Dothan. For additional information, call 334-321-2872 or visit their website, www.aimgr.com.
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