Sale involves a lot of Alabama timberland
A Spokane, Washington-based real estate investment trust is acquiring an Alabama-based investment group, resulting in the Washington group owning about 154,000 acres of Alabama timberland. PotlatchDeltic, who bought CatchMark Timber Trust, owned about 87,000 acres of Alabama timberland before the deal.  – AL.com
Â
Lauderdale County has record tourism haul
Lauderdale County brought in $280 million in tourism-related money, beating its record (set in 2018) of $248 million. That’s according to the 2021 Alabama Tourism Economic Impact report.  – News 19
Â
Oxford shopping mall sold to North Carolina group
Oxford’s Snow Street Village has been sold to Chapel Hill, North Carolina-based Prudent Growth Partners for $3.7 million. The property includes beauty salons, medical users and financial firms. – Private Equity Hub