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Commercial Real Estate


NEWS RELEASE
FOR IMMEDIATE RELEASE

The Drummond Group, Inc. Brokers Sale of Downtown Mobile Infill Site

Mobile (March 20,2013) - The Drummond Group, Inc. has brokered the $203,841.00 sale of a 20,384 sq ft site, located at 257 St. Joseph Street in downtown Mobile.  The site is located directly across the street and to the west of the U.S. Post Office.  Todd Drummond brokered the sale.

 

"For this unique assignment, we had interest from developers all around the country, since several economic developments have been announced, but the seller chose to work with a local group." Drummond said, "This quality site will be a good fit with downtown Mobile's future plan."

 

Todd added,"Downtown Mobile has been a stable sector through the economic downturn and is a popular investment choice."

 

The buyers purchased Lot 3 of the Harry Toulmin Tract from White-Smith Land Company, Inc. White-Smith originally purchased the lot in 2006 for investment purposes.

 

Lots 4 & 5 of the Harry Toulmin Tract were purchased from Renaissance, LLC.   The sale leaves lots 6, 7, 8, & 9 available for purchase and The Drummond Group, Inc. continues to work with interested parties.

 

About The Drummond Group, Inc.:

The Drummond Group is the leading Mobile commercial real estate broker, connecting Mobile commercial real estate to tenants, brokers, and investors.  The Drummond Group offers Mobile commercial real estate broker services catering to the national and local needs of the commercial real estate industry.  The Drummond Group specializes in all Mobile commercial real estate broker types including Mobile office space brokers, Mobile commercial land brokers, Mobile industrial real estate brokers, Mobile retail space brokers, and Mobile businesses for sale brokers.

 

 

About the Broker:

Todd ( todd@drummondgrouponline.com) is the CEO of The Drummond Group, Inc.

 



Copyright © Drummond Group, Inc. | A Division of Drummond Investment Corporation | 225 Dauphin Street, Suite 300 | Mobile, Alabama 36602 | Phone: 251.694.1180