Stirling Properties agents Justin Toomey and Andrew Dickman recently completed the sale of a 100,000-square-foot U.S. Postal Service facility in Mobile. The industrial distribution warehouse, located at 4538 Shipyard Road, was sold for $3.1 million. Toomey and Dickman represented the seller, Alabama Gulfstar LLC, and a local Mobile-based investor group involved with the acquisition.
According to court records, CVS paid $2.3 million for the former Crossroads bookstore on the corner of Hillcrest and Grelot roads. The existing building is being demolished and a new CVS Pharmacy will be built on the site. Don Kelly with The Mitchell Company represented the sellers, and Vallas Realty Inc. worked for the buyers.
Los Angeles-based Anna’s Linens recently filed for Chapter 11 bankruptcy and is in the process of closing all 252 stores across the country. The soon-to-be-defunct Mobile store, located at 3225 Dauphin St., is currently liquidating merchandise and offering deep discounts ranging from 40 to 60 percent. According to a source familiar with the transaction, the site will be shuttered in late August or early September. Northbrook, Illinois-based financial services holding company Hilco Global is assisting with the underperforming retailer’s liquidation plans nationwide.
Cummings & Associates Inc. recently brokered the sale of a 17.5-acre site on University Boulevard just south of Old Shell Road near the University of South Alabama. The rear 13 acres of the site are being developed to accommodate 226 student housing units for future student enrollment. Four additional commercial lots ranging from .99 to 1.53 acres fronting University Boulevard are also up for sale.
Michael Wilson with White-Spunner Realty Inc. recently handled the leasing of 1,800 square feet of toy store space to Mini War Game in Mobile at Sugar Mill Village near the intersection of Hillcrest Road and Airport Boulevard as well as 1,200 square feet of retail space to wireless-provider franchise Boost Mobile inside the Publix Super Market anchoring the Magnolia Place Shopping Center on Highway 98 in Daphne.
According to Tim Herrington of Herrington Realty, the South Landing retail center located on Old Shell Road across from the USA campus will welcome the opening of a 3,400-square-foot Fuzzy’s Taco Shop in late summer or early fall. The Fort Worth, Texas-based franchise will join Chicken Salad Chick and Hibachi Express at the site currently under development by Fairfield, Connecticut-based Kleban Properties.
Rosie’s Indian Motorcycle opens
Rosie’s Indian Motorcycle, an affiliate of Rosie’s 1901 Garage and Trading Post, recently opened for business in Mobile at 3200 Halls Mill Road. The iconic brand is a wholly owned subsidiary of Polaris Industries Inc. (NYSE: PII), a leader in the powersports industry with annual sales of $4.5 billion.
According to a news release, Indian Motorcycle is known as the country’s first motorbike manufacturing firm, with a history dating back to 1901. At the time George Hendee, founder and former bicycle racing champion, hired Oscar Hedstrom to design and build a “gasoline engine-powered bicycle” for racing, a forerunner of today’s modern motorcycle.
The prototypes proved powerful and reliable, and were positively received by the public. That same year, Indian Motorcycle’s first factory was set up in Springfield, Massachusetts, to mass produce the popular new sport vehicles.
Indian Motorcycle also has major historical ties to the U.S. military as the firm supported the first and second World War efforts by supplying vehicles to the Allies, and has been known as an armed forces supporter ever since. To date, under new ownership and brand stewardship by Polaris Industries, the Indian Motorcycle brand is stronger than ever.
“We are proud to join the Indian Motorcycle family, and to bring these outstanding bikes to the local motorcycling community,” Janice Bowers, owner of Rosie’s Indian Motorcycle, said.
Rosie’s Indian Motorcycle offers sales, service, parts and accessories for the entire lineup of Indian motorcycles, including the Indian Chief lineup, the Indian Roadmaster, the Indian Scout and the 2016 Indian Chief Dark Horse.
The local affiliate is currently promoting a $1,000 “Honoring Heroes” bonus on select motorcycles for active or retired military, as well as police and fire personnel. The dealership also offers a full selection of Indian Motorcycle apparel.
For more information, visit www.rosies1901.com.
Wilkins Miller named 2015 Best Company to Work For
Wilkins Miller, an accounting and advisory firm, recently announced it was named as one of the 2015 Best Companies to Work for in Alabama. Wilkins Miller was formally recognized and honored in Birmingham at the Best Companies to Work for in Alabama awards ceremony coordinated by Business Alabama magazine.
“We are honored to be recognized as one of the best companies to work for in Alabama,” Wilkins Miller managing partner Allen Carroll said. “This recognition is the result of the dedication and enthusiasm of every one of our team members. We strive to develop and motivate the very best people who are committed to delivering service excellence to our clients.”
Wilkins Miller was selected among hundreds of companies across the state considered by Best Companies Group (BCG), a division of Harrisburg, Pennsylvania-based Journal Multimedia, for a place on the 2015 list. To assist in making its selection, BCG conducts an employee survey to measure the overall employee experience and an in-depth company questionnaire based on workplace policies, practices and demographics. The combined scores determined the top companies and the final ranking.
“We constantly strive to explore new and innovative ways to make the firm an even better place to work. From the firm’s flexibility and benefits, to the respect and positive reinforcement our team regularly receives from executives, these are just two of the distinctive characteristics that make Wilkins Miller a great place to work,” John Jeffries, partner at Wilkins Miller, said.
For over half a century, Wilkins Miller has practiced in the Mobile Bay region and now has specialties in the areas of financial reporting, tax, litigation, business valuation, cost segregation, client accounting services and business consulting with affiliates in wealth management and information technology consulting. Wilkins Miller is located at 41 West I-65 Service Road North, Suite 400, in Mobile and 35 South Section St. in Fairhope.
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