Properties Sold and Leased

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 Lot, Montgomery, AL – December 20, 2007

Lee Meriwether, CCIM recently completed the sale of a 30,310 S.F. vacant lot on Woodmere Blvd.  The sales price was $212,170.00 or $7.00/S.F.  The property is zoned O-1 and will be developed as the home office of Kenneth White and Associates, Inc.
 

SOLD - Sunrise Apartments Montgomery, AL - December 13, 2007

Mark Dauber has completed the sale of the 84 unit Sunrise Apartments located on Cecil Lane, Montgomery, Alabama. The Seller was Sunrise Apartments, LLC and the Buyer was Sunrise Isaacson, LLC. The sales price was $3,825,000 ($45,535/unit).
 

SOLD - Wetumpka, AL - December 7, 2007

John Stanley, CCIM has completed the sale of a 6.37 acre parcel of land located at the corner of Coosa River Parkway and Chapel Road in Wetumpka, AL. The Property sold for $475,000 ($1.71/S.F.) to Mullins Properties, LLC. The Seller was Watts Development Company, Inc.
 

SOLD – Office Lot, Prattville, AL – November 30, 2007

Lee Meriwether, CCIM recently completed the sale of a 25,027 S.F. vacant lot on Covered Bridge Parkway in the Covered Bridge Development.  The sales price was $95,000.00 or $3.80/S.F.  The Property is zoned B-1 and will be developed as a medical office.
 

LEASED – Warehouse Space, Montgomery, AL – November 30, 2007

John Stanley, CCIM has represented Georgia Crown Distributing Co. in the leasing of 23,751 S.F. of warehouse space at Montgomery Industrial Park.  The Lessor was Industrial Partners, LLC.
 

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 – Millbrook Commons Outparcel, Millbrook, AL – November 12, 2007

Lee Meriwether, CCIM recently completed the sale of a 50,000 S.F. outparcel located in front of Millbrook Commons Shopping Center.  The sales price was $400,000.00 or $8.00/S.F.  The outparcel is zoned B-2.
 

SOLD – Self Storage Property, Montgomery, AL – October 31, 2007

John Stanley, CCIM has transacted the sale of the Sunbelt Self Storage facility located at 6399 Atlanta Highway, Montgomery, AL.  The Property consists of 57,636 S.F. of self storage plus a 1,820 S.F. manager’s office located on 5.36 acres.  The sales price was $2,300,000.00.
 

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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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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