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. 

John Stanley, CCIM has represented HD & D Land Company, LLC the in the sale of   ± 85.79 acres located at the corner of U.S. Hwy. 82 and McQueen Smith Road, Prattville, AL.  The property will be developed as future McClain Landing, Phase 8      (single family development) . The Buyer was SMB Land, LLC.  The sales price was $2,514,458.00 based on ± 75.396 usable acres at $33,350/AC.