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State: Alabama - AL

Deerfield Place apartment property

Oakley Group has purchased the 110-unit Deerfield Place apartment property in Florence, Ala., for an undisclosed price. The Birmingham, Ala., company acquired the complex from its developer, Pinehurst Investments. CommerceOne Bank arranged acquisition financing. The amount of the five-year, fixed-rate ...

6700 Jefferson Metropolitan Parkway

An affiliate of AMR REIT has sold the 303,730-square-foot distribution and manufacturing facility at 6700 Jefferson Metropolitan Parkway in McCalla, Ala., for $32.3 million, or about $106.34/sf. The buyer was not disclosed. The Dallas company built the industrial property two ...

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., ...

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