OFFICE
SOLD - East Park Center, Montgomery, AL - Dec 1, 2008
Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of East Park Center located at 25 Carol Villa Drive. East Park Center is a two (2) story, 13,200 S.F. office building that was 95% leased at the time of the sale. The sales price is undisclosed. |
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LEASED - Office Building - Oct 3, 2008
John Stanley, CCIM has represented New Horizons, LLC with the lease of 7,434 S.F. office building located at 7125 University Court, Montgomery, Alabama. The tenant is Parnell and Crum, P.A.
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LEASED - Office Space, Montgomery, AL - Sep 3, 2008
Lee Meriwether, CCIM and John Stanley, CCIM have recently completed two(2)lease transaction for 12,565 S.F. of office space located at 5946-5950 Monticello Drive. Each tenant signed a five (5) year lease with one (1) five (5) year renewal option. Substantial tenant improvements will be provided by the Landlord. Both tenants will occupy the property in December 2008. |
SOLD - Office Building, Montgomery, AL - Aug 20, 2008
John Stanley, CCIM has represented SAV-A-LIFE, Montgomery, Inc. in the sale of 1620 Mulberry Street. The property consists of a 2,286 S.F. office building. The sales price was $82,500.00. The Buyer intends to use the property as a medical office. |
SOLD - Office Building, Montgomery, AL - Aug 18, 2008
Lee Meriwether, CCIM has represented Regions Bank in the sale of a 5,075 S.F. office building located at 101 Market Place. The buyer was Turner Properties, LLC and the sales price was $322,000.00. |
LEASED - Interstate Court, Montgomery, AL - Aug 14, 2008
Lee Meriwether, CCIM has recently represented Montgomery Investment Group in a lease transaction with Courtesy Outdoor Finance. Courtesy Outdoor Finance executed a two (2) year lease for approximately 1,810 rentable square feet of office space located at 3840 Interstate Court. |
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.
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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.
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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.
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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.
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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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 This months featured property is located at Perry Hill Road and I-85 (Exit 4)...
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