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State: Alabama - AL

Marbella

Arcan Capital has bought the 96-unit Marbella luxury apartment property in Gulf Shores, Ala., for an undisclosed price. The Atlanta company purchased the property from OG Capital of Birmingham, Ala., which had bought it in 2015 for $15 million. Oakley ...

4251 Turin Drive

Barber Cos. has paid $17 million, or about $90.81/sf, for the 187,200-square-foot industrial building at 4251 Turin Drive in Bessemer, Ala., about 13 miles southwest of Birmingham, Ala. The Birmingham company purchased the rear-load warehouse property from Graham & Co., ...

Eastwood Village

Cove Capital Investments has paid $17.6 million, or about $135.33/sf, for the 130,056-square-foot Eastwood Village retail property in Birmingham, Ala. The Torrance, Calif., investor purchased the property from Morrison Investment Group of New Orleans. Marcus & Millichap's Institutional Property Advisors ...

St. Andrews Villas

Keelon Development Inc. has sold the 96-unit St. Andrews Villas at 29789 Hardiman Road in Madison, Ala., for $21.65 million, or $225,521/unit. Keelon, a Huntsville, Ala., developer, just last year had completed construction of the property, four miles from the ...

1200 Haley Drive

AE Industrial Partners has bought a vacant industrial facility with 2.3 million square feet at 1200 Haley Drive in Cherokee, Ala. The Retirement Systems of Alabama sold the property for an undisclosed price. The buyer plans to redevelop the property, ...

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