Alabama

Talladega, Ala. — Marcus & Millichap has brokered the $2.4 million sale of Talladega Shopping Center, a 47,437-square-foot shopping center located in Talladega, an eastern suburb of Birmingham. Citi Trends and Standard Furniture, both of which have occupied the site for more than a decade, are the property’s anchor tenants. Additional tenants include Regional Finance and AT&T, which occupies a newly developed outparcel. The center was originally built in 1981 on 3.6 acres and was 88 percent leased at the time of sale. Eric Abbott and Zachary Taylor of Marcus & …

Huntsville, Ala. — New York City-based Montana Property Group (MPG) has acquired North Madison Corners, a 73,600-square-foot retail center located in Huntsville, for $12.5 million. Originally built in 2005, the center features a mix of eight tenants including Marshalls, Michaels, H&R Block, pOpshelf, European Wax Center, Massage Envy, Grill & Smoke BBQ Store and Pizza Hut. MPG’s Huntsville retail portfolio now totals 350,000 square feet. The seller was RAP Properties.

Mobile, Ala. — Chicago-based The Boulder Group has arranged the $6.3 million sale of a single-tenant retail property located at 1550 Government St. in Mobile. ALDI occupies the 42,510-square-foot building on a triple-net lease, which has more than 10 years remaining. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the Canadian-based seller in the transaction. The buyer is a Michigan-based commercial real estate investment company. Other nearby retailers include Walgreens, Dollar Tree, Starbucks Coffee, Sherwin-Williams, Fresenius Kidney Care and Firestone Complete Auto Care.