Transactions - MAY 30, 2014

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transaction was a property in Mobile, Ala.

Rouse Properties has paid $135.2 million for the 442,375-square-foot Bell Air Mall to Gregory Greenfield & Associates. The mall is the only enclosed regional mall within a 60-mile radius of Mobile and serves an expansive trade area of more than 570,000 people across southern Alabama, Mississippi and the Florida Panhandle. Bel Air Mall opened in 1967 and was renovated in 2006. The mall is anchored by Belk, Dillard’s, Target, jcpenney and Sears, and it features leading national retailers such as Victoria’s Secret, Francesca’s, Forever 21, Bath &am

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