CRE Mobile SELLS Iconic Former Smith’s Bakery to Seafood Distributor!
Mobile, Ala., May- 4, 2021 – SOLD. The former Smith’s Bakery at 1201 West I-65 Service Road N. (just north of the Moffett Road I-65 interchange) sold to Ren Seafood’s for $4,170,000.00. Ren Seafoods will invest $12,400,00.00 to repurpose the former bakery to create a processing facility and distribution hub. The former Smith’s Bakery campus features 138,715sf of improvements including the production area (70,130sf), a cross dock (35,685sf) and truck service facility (4,826sf) all situated upon 15.64 acres land. Frios Gourmet Pops occupies approximately 30,000sf of the building as a tenant in the space that was used by the bakery for storage and distribution space. Marietta Urquhart and Jamie Ison with White-Spunner Realty represented Ren Seafoods in the transaction and David Dexter with CRE Mobile worked for the sellers.
Big congratulations to David Dexter for his hard work on closing this deal!!
FUN FACT: Dexter worked in this former bakery during summers in college…who would’ve thought that he would sell it one day.