Sanders Partners acquires $4.2 million Fort Payne property
Birmingham real estate acquisition and development firm Sanders Capital Partners has acquired a $4.2 million Fort Payne retail center. The company, formed five years ago, continues to build its portfolio by acquiring and developing properties in the South and Midwest. According to the company, Alabama Crossings, a 27,800-square-foot retail center on Glenn Boulevard off Interstate 59, has also had major renovations recently completed. – AL.com
Del Marsh says $6 toll neither fair nor reasonable
The Alabama Department of Transportation’s Mobile River Bridge plan received another crushing body blow on Tuesday when a powerful State Senator and a member of the Alabama Toll Bridge and Road Authority came out publicly against the plan. State Senate Pro Tem Del Marsh, R-Anniston, said in a statement that a six dollar toll is not fair or reasonable. – AL Political Reporter
Char opening in Huntsville Aug. 26
Contemporary steakhouse Char will open its Huntsville restaurant at Merchants Square on Aug. 26. It is located at 931 Bob Wallace Ave. SW, Suite 201 and is open Monday through Saturday from 11 a.m. to 10 p.m. and Sunday 10 a.m. to 9 p.m. Weekends will feature Saturday and Sunday brunch and a New Orleans-themed jazz trio every Sunday. The 200-seat restaurant includes a piano bar and private dining area for up to 65 guests. – AL.com
State lawmaker says U.S. should stay the course on trade war
Markets have gone into a tailspin in August after two years of stellar performance over fears that a worsening trade relationship between the U.S. and China could lead to a global recession. Trump national finance committee member former State Representative Perry O. Hooper Jr., R-Montgomery, warned that China has set a course to replace the U.S. as the number one economic power in the world. Hooper said that the tariffs are working and that the U.S. should stay the course. – AL Political Reporter
New Orleans coffee company breaks into Alabama market
PJ’s Coffee of New Orleans, a New Orleans-based coffeehouse that demonstrates a “southern hospitality” experience, the freshest products, and better beans with superior roasting technique, recently signed a multi-unit deal to bring three new locations to Mobile and Baldwin counties. The shops will be Alabama’s first PJ’s Coffee locations and set the brand’s rapid franchise expansion plans for the state in motion. – News release
Father of automotive spy photography, Jim Dunne, dies
Jim Dunne was one of a kind. Not just because he founded the art of spy photography as we know it, but because he was a constant presence in the auto industry, a true character, and a gentleman filled with charm. Jim had two passions: cars and women. He chased both and never got slapped because there was so much respect for the man. – Motor Trend
