One Liberty buys Mobile Portside development
One Liberty Properties has acquired Mobile Portside, a 373,000-square-foot industrial development in Mobile. JLL Capital Markets represented the seller, Burton Property Group. – JLL Capital Markets
Economic development fund proposed
The Alabama Growth Alliance, a public-private group created last year by Gov. Kay Ivey, is endorsing the creation of the Alabama Development Fund. That fund would help power economic development in Alabama without raising taxes. – AL.com
Perdido River Meats, largest of its kind in Alabama, opens
Perdido River Meats, the state’s largest meat processing plant and retail market, has opened in Atmore. The $29 million complex is owned by the Poarch Creek Indians. – News 5
Florence building new multimillion dollar fire station
The Florence Fire Department is replacing its Station 4 fire station with a new, $4.4 million building. The new station, expected to open sometime in 2026, will be three blocks away from the current one, which will probably be sold. – News 19