Livingston Properties Acquires Retail Property In Hoover, Alabama For $12.9M

Located at 1761 Montgomery Hwy in Hoover, Alabama, this retail property has been sold in a recent transaction. The property spans over 89,576 square feet and was sold for a price of $12,900,000, resulting in a price per square foot of $144. The transaction took place on August 22, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $12,900,000
• Address: 1761 Montgomery Hwy, Hoover, Alabama
• Market: Hoover, Alabama
• Buyer: Livingston Properties
• Seller: Riverchase Crossings LLC
• Brokers: Brad Buchanan, Jim Hamilton, and Andrew Kahn - JLL and Emris Graham - EHG Properties

The buyer of this retail property is Livingston Properties. On the other hand, the seller is Riverchase Crossings LLC. The transaction was facilitated by Brad Buchanan, Jim Hamilton, and Andrew Kahn from JLL, along with Emris Graham from EHG Properties.