Black Family Closes 7-figure Real Estate Deal to Recreate Modern-Day Black Wall Street in Mississippi
After nearly a year of negotiations and renegotiations, entrepreneur Tony A. Reimonenq Jr, his wife, and his three sons have purchased a 20-unit strip mall in the Oak Grove community of Hattiesburg, Mississippi that they will transform into a local version of Tulsa, Oklahoma’s Historic Greenwood District also known as the original Black Wall Street.
With this purchase, the family has become one of the state’s arguably three percent of African Americans to have ever independently brokered a million-dollar deal. The establishment will be named Greenwood Plaza, and it is the second major commercial expansion of their family-owned firm, Reimonenq & Co LLC.
The purchase is another step closer to the Reimonenq family’s mission of recasting the historic Black Wall Street of Tulsa, Oklahoma’s Greenwood District as well as the unsung Black Wall Street of Mound Bayou, Mississippi. The family wants to follow suit in empowering and equipping individuals to become entrepreneurs.
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