Jebeles Investment Buys Pelham Building
PELHAM, AL-Jebeles Investment Holdings LLC has paid $1.1 million to buy the former O'Charley's restaurant building measuring 6,650 square feet at 101 Southgate Dr. in Pelham. The deal also includes the sale of a 1.4-acre parcel. O'Charley's LLC, a subsidiary of American Blue Ribbon Holdings, was the seller of the property. Retail Specialists Inc.'s Bill Clements negotiated the sale on behalf of the owner. The initial listing price of the property was roughly $1.4 million.
O'Charley's recently closed its several restaurants located across the metro. For the full story, go to Birmingham Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to learn about the retail sector? RealShare Conferences gather prominent speakers and the commercial real estate elite. Check out the 2015 events in your market.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.