New grocery store on the horizon
Updated 6:56 AM;
Aldi, a discount supermarket chain, paid $1.35 million for 2.6 acres at Rangeline Crossing on Rangeline Road and Interstate 10 in Tillman’s Corner, according to Vallas Realty, which represented the seller, 24/7 Development Partners of Alabama. Rangeline Crossing is an 84-acre site that includes the 60,000-square-foot outpatient facility for the Veterans Administration, as well as Foosackly’s, Whataburger, Starbucks and other businesses. Capital Growth Real Estate represented Aldi.
A local investor paid $850,000 for 3.4 acres on Ala. 181 in Fairhope adjacent to the proposed Aldi grocery store site, according to Vallas Realty, who represented the buyer. Capital Growth Real Estate worked for the seller.
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A new Piggly Wiggly coming to Mobile
Updated Mar 14, 2021;
A local investor paid $475,000 for 1.24 acres at the southeast corner of McGregor and Springhill avenues in Mobile, according to John Vallas of Vallas Realty. The property in the Springhill area is zoned neighborhood business and has been approved for a 15,000 square foot building with 65 parking spaces. The buyer has no immediate plans for the land.
Piggly Wiggly has leased the 46,000-square-foot former Winn Dixie store space in Town West shopping center at 5701 Moffett Road in Mobile, according to Amber Hightower Dedeaux of Vallas Realty, who represented the landlord. Nathan Handmacher of Stirling Properties worked for the supermarket. Piggly Wiggly plans to open later this year.
More homes coming to Foley
Updated Feb 22, 2021;
Local developers paid $450,000 for 35 acres on Baldwin County 16 in Foley, next to Hidden Lakes subdivision, according to Pratt Thomas and Daryl Cleworth of Merrill P. Thomas Co., who handled the transaction. The property will be developed as a 119-lot subdivision called Kipling Meadows. The project will be developed in two phases and the homes will be built by D.R. Horton. Construction is under way and should be complete by late summer or early fall of this year.
Investors paid $475,000 for a mobile home park on more than an acre at 14775 Cedar St., in Magnolia Springs, according to Renee Beasley of Herrington Realty. The property includes one house and 10 mobile homes, and the park is fully leased.