OFFICE

LEASED – East Park Center, Montgomery, AL – June 5, 2008

Lee Meriwether, CCIM recently represented East Park Center located at 43 Carol Villa Drive in a lease transaction with Source 1 Home Services.  Source 1 signed a three (3) year lease for 1,200 square feet of office space.
 

LEASED – Aliant Center, Montgomery, AL – Jun 5, 2008

Lee Meriwether, CCIM has represented Aliant Bank in a lease transaction with Homecorp Management, Inc.  Homecorp executed a four (4) year lease for 3,401 rentable square feet of office space at Aliant Center located at 2740 Zelda Road.

 

SOLD – Investment Property, Montgomery, AL – April 24, 2008

John Stanley, CCIM has represented its client in the purchase of a 6,702 S.F. office building located at 7080-7088 Sydney Curve, Montgomery, AL.  The property is fully leased and sold on a 9% cap rate.  The Seller was CJR Properties, Inc. and the sales price was $770,220.00 ($114.92/S.F.).
 

LEASED – East Park Center, Montgomery, AL – April 11, 2008

Lee Meriwether, CCIM represented East Park Center in a lease for approximately 2,700 S.F. of office space on Carol Villa Drive.  The tenant, Treehouse Property Management, signed a five (5) year lease.
 

LEASED – Central Parkway, Montgomery, AL – February 22, 2008

Lee Meriwether, CCIM has leased 1,500 S.F. of office space at 2744 Central Parkway to RGIS, LLC.  Beginning May 1, 2008 this will be the new Montgomery office location for RGIS, LLC.  The average rental rate over the term of the lease is $16.00/S.F.
 

LEASED – Mendel Parkway, Montgomery, AL – February 8, 2008

John Stanley, CCIM has leased 3,260 S.F. of office space at 340 Mendel Parkway to Environmental Consulting & Engineering (ECE).  This will be the new home office for ECE beginning February 18, 2008.
 

SOLD – Office Building, Montgomery, AL – January 31, 2008

Mark Dauber has completed the sale of an approximately 5,087 S.F. office building located at 529 South Perry Street in Montgomery, AL.  The Seller was Commerce Row Associates, Ltd. and the Buyer was Martha B. Cassels.  The sales price was $260,000.00.
 

SOLD – Office Building, Montgomery, AL – December 24, 2007

John Stanley, CCIM has represented The Baptist Foundation of Alabama in the sale of a 4,700 S.F. office building located at 430 South Court Street.  The Buyer was Central Alabama Regional Planning and Development Commission (CARPDC).  The sales price was $365,000.00.  This property will serve as the new headquarters for CARPDC.
 

SOLD – Office Building, Montgomery, AL – November 14, 2007

Lee Meriwether, CCIM recently completed the sale of a 35,488 S.F. office building located at 817 South Court Street, Montgomery, AL.  The sales price was $500,000.00 and the property is zoned O-1.
 

SOLD – Office Building, Montgomery, AL - October 30, 2007

John Stanley, CCIM has completed the sale of a 5,750 S.F. building located at 422 South Court Street, Montgomery, AL.  The Seller was The Baptist Foundation of Alabama and the Buyer was Victims of Crime & Leniency (VOCAL).  The sales price was $196,430.00.
 

SOLD – Office Building, Montgomery, AL – September 28, 2007

Lee Meriwether, CCIM recently completed the sale of a 5,769 S.F. office building located at 5776 Carmichael Parkway, Montgomery, AL.  The sales price was $200,000.00 or $35.22/S.F.  The Seller was B.A.S.S., LLC and the Purchaser was MacGuire Properties, LLC.
 

SOLD – Commercial Property, Montgomery, AL – September 19, 2007

Lee Meriwether, CCIM recently represented Oak Park Highland, LLC in the purchase of 1818 Lake Street, Montgomery, AL.  The property was acquired for future expansion needs.
 

SOLD – 2670 Zelda Road, Montgomery, AL – September 19, 2007

Lee Meriwether, CCIM recently completed the sale of 2670 Zelda Road, Montgomery, AL.  The property consists of approximately 1.14 acres and a 5,525 S.F. building.  The property is zoned B-2.  The sales price was $350,000.00.  The property will be the new home of Royal Office Equipment.
 

SOLD – Office, Warehouse, Acreage – September 18, 2007

Lee Meriwether, CCIM recently completed the sale of the TH Taylor Homes, Inc. office building located at 10280 U.S. Highway 80 East.  The property consists of approximately 4.7 acres of land, a 5,829 S.F. office building, a 3,200 S.F. warehouse and a 2,000 S.F. shed.  The entire parcel is zoned M-1.  The sales price was $995,000.00.  The property will be the new home of Pilgreen Engineering.
 

LEASED – Crawford’s Building, Montgomery, AL – September 18, 2007

Nim Frazer, SIOR has transacted the lease of approximately 12,792 S.F. of retail space at 7449 Eastchase Parkway in Montgomery, AL to Mador & Smith, LLC D/B/A Signature Furniture.  The tenant will occupy the building in October 2007.
 

LEASED – Office Space, Montgomery, AL – August 28, 2007

Lee Meriwether, CCIM recently completed a lease transaction representing Wilkinson Properties, LLC on +2,632 S.F. of office space located at 8327 Crossland Loop, Montgomery, AL.
 

LEASED – 5TH Floor Aliant Center, Montgomery, AL – August 28, 2007

Lee Meriwether, CCIM has transacted the lease of approximately 3,224 S.F. of Class “A” office space at the Aliant Center on Zelda Road, Montgomery, AL to the law firm of Strickland and Kendall.  They will occupy the space in October, 2007.
 

LEASED – Office Building, Montgomery, AL – July 9, 2007

John Stanley, CCIM has leased a 12,800 S.F. office building located at 1241 Carwood Court in Montgomery, AL.  The Lessor is HCS Properties, LLC and the Lessee is Rheem Sales Company, Inc.  Rheem will occupy the entire building for use as a call center and related offices.
 
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In The Spotlight


Halcyon Pointe - Phase I & II located off I-85 at Taylor Road (Exit 9), this three-story, state of the art, Class A, 75,000-SF office building...
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Interstate Park This months featured property is located at Perry Hill Road and I-85 (Exit 4)... 
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Disclaimer

All information is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, or other conditions, such as prior sales or withdrawal without notice by John Stanley & Associates or the Clients, or Affiliates.

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