On today's episode of All in the Industry®, Shari Bayer's guest is Andrew Chason, Co-Founder of FRESH MGMT, which manages the careers of some of the world’s most influential chefs and tastemakers, including José Andrés, Kristen Kish, Aarón Sánchez, Roy Choi, and Nyesha Arrington.
New restaurant planned for Spanish Fort
Updated Jan 10, 2021;
Investors paid $2.2 million for a 4,245-square-foot commercial center at 390 Schillinger Road S., near Airport Boulevard in Mobile, according to Andrew Chason of Marcus & Millichap in Fairhope. Starbucks Coffee and Moe’s Southwest Grill lease the space, he said.
A local investor paid $550,000 for 1.49 acres at the northeast corner of U.S. 31 and Stagecoach Road in Spanish Fort, and has no immediate plans for the land, according to Sharon Wright of White-Spunner Realty, who represented the buyer. Lydia Franz of Re/Max Orange Beach commercial division worked with the seller. The commercial subdivision is called Spanish Fort Cantina, and the seller owns another 3.98 acres at the same corner, according to Franz. The seller plans to build a Cactus Cantina restaurant on part of the 3.98 acres.
Restaurants building sells
Investors paid $1.75 million for the building leased to Arby’s and Guthrie’s restaurants at 51 N. Greeno Road in Fairhope, according to Andrew Chason of Marcus & Millichap, who represented the buyer. Erik Vogelzang of SRS Real Estate Partners worked for the seller. The building is more than 4,000 square feet on almost an acre.
Local developers paid $825,000 for the former Landmark East condominium site at 588 E. Beach Blvd. in Gulf Shores, according to David and Angie Swiger of Swiger & Company Realtors, who coordinated the transaction for the buyers and sellers. The property is adjacent to Grand Beach Resort condos and a short distance from Gulf State Park Pier. The land measures 102 feet by 240 feet and is zoned business tourism.