MONTGOMERY, Ala. (WSFA) – Two long-vacant Montgomery properties are slated to undergo significant redevelopment after being bought by an Alabama-based investment group.
Leitman Perlman, a Birmingham commercial real estate company, announced Monday that Noble Investments, an investment management firm located in Anniston, has purchased 1702 Norman Bridge Road and 1614 South Decatur Street for a combined $480,000.
According to Leitman Perlman, the purchase is part of an ongoing effort by Noble Investments to revitalize the surrounding neighborhood and promote long-term stability within the community…