Sold: Shoppes at Beauvoir, Biloxi, MS

• Posted on August 5, 2016
• Wendy Peavy

Biloxi, Mississippi – The development partnership of NLD Biloxi, LLC recently sold Shoppes at Beauvoir, a 6,300 square foot strip center, for $1.85 million. A former Blockbuster Video location on the corner of Beauvoir and Pass Roads, the building was redeveloped in 2013 and is now home to Firehouse Subs, an AT&T Authorized retailer, and The UPS Store.

The buyer, an undisclosed Louisiana investment company, was represented by Christopher K. Dozier of Retail Specialists, Inc. The sellers were represented by co-owner and developer, Doug Molyneaux, CCIM, of Catalyst Retail Developers.

“This re-development project was the vision of Doug Molyneaux, who actively negotiated the acquisition contract, negotiated the tenant leases and lease extensions, and led the marketing effort in the sale,” said co-owner and developer, Brooks Holstein of COMVEST Properties, LLC. “An aggressively structured and priced loan facility with Community Bank Coast, and Senior Vice President, Darney J Derouen, allowed the ownership to develop an appealing exterior elevation which helped attract an excellent mix of national franchise tenants.”

Adam Mitchell Discusses Biloxi CRE with Southeast Real Estate Business Magazine

• Posted on March 18, 2016
• webmaster
• To Write First

March 2016 – Our own Adam Mitchell was interviewed recently by John Nelson of Southeast Real Estate Business for his article entitled “Gulf South’s Market is Taking off”. In the excerpt below, Adam shares his thoughts on South Mississippi’s economic drivers and retail real estate outlook.

Southeast Real Estate Business is published by France Publications, Inc. For subscription information, visit www.REBusinessOnline.com.

Shoppes at Popps Ferry: McAlister’s Deli Has a Fresh New Look

• Posted on March 4, 2016
• webmaster

Biloxi, MS – Here’s something to tickle Biloxi’s Tea Freaks! McAlister’s recently renovated and updated their store in Shoppes at Popps Ferry. Added to the tenant lineup in 2001, the deli’s fresh look coincided with a lease renewal.

 

Shoppes at Popps Ferry: Petco Grand Opening

• Posted on February 29, 2016
• webmaster

Biloxi, MS – Store Manager Ed Goyette and Biloxi Ward 3 City Councilwoman Dixie Newman, cut the ceremonial ribbon and declared Biloxi’s Petco open for business on Saturday.

Eager pet lovers streamed in to take advantage of the Grand Opening Celebration specials and to check out the over 12,000 sf of special services and merchandise.

In conjunction with Petco’s Grand Opening Celebration, area animal shelters were on site holding animal adoptions. Our Property Manager, Erica Davis found the purrfect addition to her family!

Video Content: FOR SALE – Fully Leased Center with NNN Leases

• Posted on January 8, 2016
• webmaster

Biloxi, Mississippi – Shoppes at Beauvoir, a 6,271 SF retail center redeveloped by COMVEST in 2012 and 2013, is offered for sale. Originally a successful Blockbuster for over twenty years, the building is located on a prominent corner approximately 2 miles from Keesler Air Force Base, the area’s largest employer (over 11,000 military and civilian employees) and a half mile from the Mississippi Coast Coliseum and Convention Center, which accommodates over 500,000 visitors annually.

The center’s three tenants are Firehouse Subs, The UPS Store, and Extreme Wireless, an AT&T Authorized Retailer. All leases are Triple Net. Tenants pay CAM, taxes, insurance and roof membrane repair and replacement. The Landlord is responsible for the structure only.

For a full Offering Memorandum or more information contact:

Doug Molyneaux, CCIM

(228) 314-5008

doug@catalystretaildevelopers.com

Shoppes at Beauvoir Flyer