A couple of downtown related updates from Kathy Jumpers realestate coumn.
"The Mobile Area Chamber of Commerce Foundation paid $1.5 million for a 5,000-square-foot office building and parking lot at 456 Civic Center Drive, according to court records. Trinova, an engineering firm, sold the building and plans to relocate, according to Leigh Perry Herndon, a chamber spokeswoman. The building has also been home to Trinity's, a popular nightclub. The chamber will use the parking lot, but has no immediate plans for the offices, she said. The purchase was funded by chamber money, private grants and gifts, she said."
also...
"Planet Cellular has leased 3,300 square feet at 2 S. Water St. downtown and will open a corporate office and training center in September, according to Holly Shirley of Prudential Cooper & Co.'s commercial division, who worked for the tenant. Watson Realty represented the landlord."
and...
"Interior work and renovations to turn the 1830s Hall-Ford House at 165 St. Emanuel St. in Fort Conde Village into a bed and breakfast retreat are estimated to cost $1.14 million, according to building permit records. The adjacent circa 1857 Spear-Barter House has been restored as office space, according Larry Posner, the developer restoring the village structures off Royal Street."
Not downtown, but cool that he is investing in his hometown and not running off now that he has cash...
Oakland Raiders quarterback JaMarcus Russell paid $1.15 million for a 5,000-square-foot house and 5 acres on Dog River, according to court records. The property has 350 front feet on the river. Spencer Ruggs of Diamond Properties represented Russell, a Mobile native and former No. 1 pick in the NFL draft. Kym Trest of Roberts Brothers worked for the seller. Surety Land Title handled the closing.
http://www.al.com/business/press-register/kjumper.ssf?/base/business/124259685089240.xml&coll=3