Properties Sold and Leased

LEASED - Pike Road Station, Pike Rd, AL - Nov 21, 2008

Mark Dauber has leased approximately 1,755 S.F. of retail space to Nail Salon dba Nail Paradise. The new tenant plans to be open for business in early 2009.
 

SOLD - 6.23 AC. U.S. Highway 80 East - Oct 6, 2008

John Stanley, CCIM has completed the sale of a 6.23 acre parcel of land located on U.S. Highway 80, East in Montgomery, Alabama. The property is zoned M-1 (Light Industrial). The sales price was $223,140. The Seller was Ross Clayton Funeral Home, Inc. and the Buyer was Mathis Thomas Holdings, LLC.
 

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.
 

SOLD - AutoZone, Montgomery, AL - Sep 10, 2008

John Stanley, CCIM has represented AutoZone Development Corporation in the purchase of a 25,000 S.F. outparcel at Festival Plaza on Vaughn Road. AutoZone will construct a 7,381 S.F. building on the parcel. The sales price of the outparcel was $ 425,000 ($17.00/S.F.).
 

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.
 

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.
 
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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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