COMPANY OVERVIEW
Led by Managing Senior Director David Milstead, Bellator Commercial works with investors and institutions in the purchase and disposition of real estate. Bellator’s Commercial Division specializes in office, industrial, hospitality, multi-family, retail and land transactions.
Bellator’s recent commercial transactions include: the sale of 38,442-square-feet for San Rock LLC at 15884 Highway 59 in Summerdale for $1.6M; the sale of the 15,000-square-foot interior/exterior building located on 18249 Highway 98 in Foley for $825,000; the sale of the gulf front Romar Beach Baptist Church for $6.5M to a hotel developer; the sale of 2.3 acres gulf front in Orange Beach for $6M to Turquoise Properties; the $1.1M sale of Wintzell’s Oyster House in Fairhope; the sale of Canal Place Apartments in Orange Beach for $1.25M; the sale of South Shore Apartments in Gulf Shores for $1.025M; the sale of the new location for Popeyes in Spanish Fort.
Bellator Commercial has also helped facilitate recent office leases to Armada Parent Inc, Apex Roofing, Dr. Chris Campus, and LaBella Associates as well as recent retail leases to Pier House Restaurant, Wall to Wall Interiors, Lendmark Financial and others.
BELLATOR COMMERCIAL
Bellator’s Commercial Division has also experienced significant growth. The division is managed by David Milstead, Managing Senior Director, and includes eight directors that specialize in office, industrial, hospitality, multi-family, retail and land. There are two directors that specialize in hospitality and multi-family, and the directors work from all nine Bellator locations. The commercial division works with investors and institutions in the purchase and disposition of real estate.
Bellator’s retail group specializes in site selection, and recent transactions include both new Popeye’s locations in Daphne and Foley, Anytime Fitness’s location in Daphne, and Another Broken Egg’s lease in Orange Beach.
Additional recent commercial transactions include the 9400 sf purchase 3145 Gulf Shores Parkway building, 6,200 sf sale of Heritage First Bank Building in Orange Beach, 23,800 sf Off/Whse sale of HT Barnes building in Foley, Navigator Credit Union’s purchase of 2500sf building in Mobile, ...
LEADERSHIP
Nathan Cox is the CEO and owner of Bellator Real Estate & Development. Nathan was the top individual producer in Baldwin County in 2013 with over $80,000,000 in closed volume per the Baldwin County MLS. He is a licensed Broker in Alabama, Florida and Mississippi, and he manages well over $100M in real estate assets held in various investment groups managed or represented by Nathan.
Nathan’s largest investment entity is the Gulf Coast Opportunities Fund, LP (“GCOF”), which is a private equity real estate fund formed to acquire real estate at distressed prices along the Gulf Coast of Alabama, Florida and Mississippi. The Fund focuses on raw land and developed residential real estate in Baldwin County, Alabama. Nathan is a member of the General Partner and is responsible for sourcing and managing real estate assets for the Fund as well as serving on the Fund’s Investment Committee. GCOF raised over $60,000,000 in less than 90 days in the fall of 2012 before closing out the fund to new investment. Assets purchased by the fund currently span from Panama City, FL to the Eastern Shore of Baldwin County, AL.
COMPANY HISTORY
President of Bellator Real Estate & Development, Nathan Cox, and owner of ERA Platinum Properties, Troy Wilison, came together in 2010 and began doing transactions together. After working side by side they began to realize that they could utilize each other’s abilities and that their “strengths complement each other,” as stated by Wilson. In 2011, they merged under the Bellator name, with Wilson running the day-to-day business operations and Cox working on the investment side of things. Around 96 agents, who handle residential sales, commercial sales, and rentals, now work in the six office locations, a large expansion from the original 23 agents in 2011. As a team, Cox and Wilson believe they have the resources, product, agents, and the ability to receive financing, all which have played a major role in their success