The value and terms of the contract weren't disclosed. The contract has two three-year extension options.

The estimated $39 million Celadon construction job overlooks 283 lineal feet of beachfront on the Gulf of Mexico near the Alabama border. Two-bedroom and three-bedroom condos are priced from $182,900 to $370,000.

ResortQuest handles reservations and marketing to and from 50 resort destinations in the United States and Canada. The company's average booking fee wasn't disclosed.

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