Properties Sold and Leased
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. |
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SOLD - 6005 Monticello Drive, Montgomery AL - Jul 24, 2008
John Stanley, CCIM has represented The Advertiser Company in the sale of the former location of The Bulletin Board located at 6005 Monticello Drive. The Buyer was JAS Development, LLC who plans to use the property as an electrical contractor’s office. The sales price is undisclosed. |
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 – Camelot Apartments, Montgomery, AL – May 30, 2008
Mark Dauber has completed the sale of the forty-two (42) unit apartment complex known as Camelot Apartments at 3392 Governors Drive in Montgomery, AL. The Seller was Designers Center, LLC of California and the Buyer was Camelot Property, LLC of Montgomery, Alabama. The sales price was $915,000.00 ($21,785/unit). |
SOLD – Office Lot, Montgomery, AL – May 6, 2008
Lee Meriwether, CCIM has completed the sale of a 1.46 acre lot zoned 0-1 on Ray Thorington Road near Wisdomwood Road. The sales price was $397,762.50 or $6.25/S.F. |
SOLD – Billingsley Place, Montgomery, AL – April 29, 2008
John Stanley, CCIM has completed the sale of two (2) business zoned (B-3) lots at Billingsley Place. Lot 2A Blk B consists of 60,719 S.F. and sold for $12/S.F. Lot 3, Blk B consists of 80,822 S.F. and sold for $12.75/S.F. Both lots are proposed to be developed as a retail center. |
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. |
SOLD – Warehouse Property, Prattville, AL – April 11, 2008
John Stanley, CCIM and Nim Frazer, SIOR have sold a 5,075 S.F. warehouse property located at 104 Industrial Park Road in Prattville, AL. The Seller was WW Motorsports, LLC and the Buyer is a local business. The sales price was $72,500.00. |
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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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Recent Sales / Leases
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LEASED – Aliant Center, Montgomery, AL – September 3, 2010
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SOLD - 2.52 Acres, Montgomery, AL - September 2, 2010.
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SOLD – One Court Square, Montgomery, AL, August 31, 2010
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SOLD – 107 Pecan Street, Troy, AL – August 23, 2010
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SOLD – 2900 McGehee Road, Montgomery, AL – August 20, 2010
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