Retail Specialists’ newest development to open soon
Times-Journal | by Steven Stiefel
If you have a spare $2.9 million lying around and you dream of running a burger joint, the developers of the Hwy. 55 Burgers, Shakes & Fries have just what you need.
“This is a corporate store so HWY55 is the actual owner and our company, Retail Specialists, has developed the restaurant,” said Courtney Hall, CMO of Retail Strategies, which “provides the real estate expertise and tools that position towns as alluring locations for national businesses.”
The Birmingham-based company was hired by Fort Payne in 2014 after Kmart abruptly closed and left the city with a large, vacant building next to an Interstate 59 exit. The firm ultimately attracted Dunham’s Sporting Goods and Applebee’s.
After severe flash flooding left the existing building at 1503 Glenn Blvd SW uninhabitable, it was sold by the county and torn down. Officials from Retail Strategies, including associate Scott VonCannon and President, Lacy Beasley, visited Fort Payne in May 2022 to help formally break ground on the restaurant.
The groundbreaking was followed by months of elevating the flood-prone property and constructing the restaurant. As of April 2023, construction work appears to be nearly completed.
About Retail Specialists
Retail Specialists, LLC is the premier retail real estate services firm in the south. We are committed to long-term relationships in property management, retail representation, development, and leasing and brokerage.
Founded in 2005, we’ve thrived through tough times and shine under pressure. A unique mix of experience, technology, and data have proven successful in a business we love. Retail Specialists is licensed in eight states including Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina and Tennessee and currently represents retailers, developers, and retail property owners throughout this territory.
In 2023, Retail Specialists was named Real Estate Company of the Year for Small Business with a Gold Stevie Award, reflecting their exceptional performance in the commercial real estate industry.
About Retail Strategies
Retail Strategies is a leading national advisory firm focused on retail market analysis, strategic planning, retail recruitment and development. Our mission is to provide the real estate expertise, tools and human effort that position deserving towns as alluring locations for national businesses. With confidence, we pursue this mission by delivering unparalleled customer service as a unified team with unmatched real estate expertise. Our activities pay a return in sales taxes, added jobs, and businesses that enhance and add to the unique qualities of your community.
