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The PSF Blog

The Per Square Foot Blog serves as your guide to commercial real estate along the Gulf Coast, powered by NAI Mobile, your local experts in CRE.

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Innovation PortAL Groundbreaking on St. Louis Street Downtown

The Innovation PortAL has received approval to break ground on its headquarters at 358 St. Louis Street in Downtown Mobile this Wednesday, February 27, 2019, at 2 p.m. on location, press conference to follow. The Innovation PortAL’s facility will serve as a regional innovation and entrepreneurial hub for high-growth startups as well as university and industry partners. Innovation PortAL's innovation center is partially-funded by the U.S. Department of Commerce, Economic Development Administration and is subject to associated federal laws and regulations. The innovation center will have approximately 16,000 square feet of space available for lease, according to Jay D. Roberds, SIOR, and Niki

Single-Family Residential Development Sale in Foley

Foley, Ala. - Local developers purchased approximately 40 acres of land located on S Pecan Street in Foley for $18,750 per acre. The buyers plan to develop and build a single-family residential community, according to Niki Coker of NAI Mobile who represented the buyers. Skip Davis of Coastal Real Estate and Development represented the sellers. About NAI Mobile NAI Mobile is a team of seasoned professionals with over 175 years of experience in all facets of commercial real estate serving southwest Alabama. NAI Mobile is the local footprint of NAI Global, an international network of over 400 firms spanning five continents. Our diverse and robust partnership offers a unique presence as the loc

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