Lee Meriwether, CCIM recently represented Montgomery Electrician Fraternal Association in the sale of a ± 31,772 S.F. lot zoned B-2 located at 1101 John Overton Drive, Montgomery, AL. The sales price was $60,000.00 ($1.90/S.F.).

John Stanley, CCIM has represented Common Thread, LLC in the sale of a Class “A’ office building located at 3158 Parliament Circle., Montgomery, AL. The building consists of ± 6,430 S.F. of finished ground floor space and ±2,494 S.F. of unfinished second floor space. The Buyer was EMGS Properties, LLC. The sales price was $875,000.00.

Lee Meriwether, CCIM, recently completed the sale of a vacant lot located at 938 U.S. Hwy. 231 in Wetumpka, Alabama. The property was zoned B-2 (Business). The terms of the sale are undisclosed

Lee Meriwether, CCIM, recently completed the sale of a ± 16,936 S.F. office/warehouse building located at 830 Plantation Way, Montgomery, AL. The Seller was MBT Associates, LLC and the Buyer was Pitts Properties, LLC. The sales price was $915,000.00.

John Stanley, CCIM has represented Montgomery Real Estate Ventures, LLC in the sale of a ± 3,649 S.F. medical office building located at 4749 Berry Blvd., Montgomery, AL. The Buyer was John K. L. Porter D.O, PC.  The sales price was $505,312.50 ($138.48/S.F.).

John Stanley, CCIM has represented Hemangkumar Padhiar in the sale of ± 9.54 acres located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was The Segev Irrevocable Trust. The sales price was $700,000.00 ($1.68/S.F.).

John Stanley, CCIM has represented The Estate of Ida Belle Young in the sale of ± 11.78 acres located on East Boulevard, Montgomery, AL.  The property is zoned B-3 (Commercial).  The Buyer was Sun-Beach Investments Co.  The sales price was $370,000.00 ($0.72/S.F.).

John Stanley, CCIM has represented Alabama Trucking Association, Inc. in the sale of a ± 4.98 acre parcel located at 7580 Halcyon Pointe Drive, Montgomery, AL.  The Buyer is HHRE Montgomery I, LLC.  The property will be developed as a professional medical office building.  The sales price was $1,182,257.00 ($5.45/S.F.).

John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a ± 1.85 acre parcel located at the corner of Taylor Road and Averiette Drive at Billingsley Place, Commercial Plat No. 1.  The property will be developed as a convenience store/gas facility plus two (2) separate “end-cap” restaurants.  The Buyer was GANAPATI 2024, LLC. The sales price was $1,091,097.00 ($13.50/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed.