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Description of the Article


SOLD – COMMERCIAL LOTS, TAYLOR ROAD/MALCOLM DRIVE, MONTGOMERY, AL. JUNE 2, 2021

John Stanley, CCIM has represented 303 Samford Avenue, LLC in the sale of two (2) commercial lots located on Taylor Road and Malcolm Drive being a total of 76,059 S.F. and zoned B-3. The Buyer was Cross Development, LLC.  The sales price was $295,000.00 ($3.88/S.F.).


SOLD – FORMER METRO FITNESS PROPERTY, MONTGOMERY, AL. MAY 24, 2021

John Stanley, CCIM has represented Jackson Hospital & Clinic, LLC in its purchase of the former Metro Fitness property located at 7150 Halcyon Park Drive, Montgomery, AL.  The property consists of a ± 17,588 S.F. fitness center on ± 2.18 acres.  The Buyer plans to refurbish and reopen the property as a fitness and wellness facility in summer of 2021.  The Seller was Garzon Properties, LLC.  The sales price for the property was $2,050,000.00 ($116.55/S.F.).


SOLD – FLEX BUILDING, MONTGOMERY, AL. APRIL 20, 2021

Lee Meriwether, CCIM recently represented Avadian Credit Union on the sale of a ± 14,050 S.F. office / warehouse building located at 5506 Wares Ferry Road in Montgomery, Alabama.  The property is zoned B-3 and contains ± 1.29 Acres of land. The Buyer was Custom Cabinet Renovations.  The sales price was $350,000.00 ($24.91/S.F.). 


LEASED – ± 4,200 S.F., SHOPS AT PIKE ROAD, PIKE ROAD, AL. DECEMBER 15, 2020

John Stanley, CCIM has represented Jackson Hospital & Clinic, Inc. in leasing ± 4,200 S.F. of space at Shops at Pike Road (Publix Shopping Center) for use as an urgent care facility. The Lessor is Shops at Pike Road, LLC.  The terms of the lease are undisclosed.  

SOLD – ± 1.8 ACRE PARCEL, EASTCHASE PARKWAY, MONTGOMERY, AL. AUGUST 6, 2020

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a ± 1.8 acre parcel (58,332 usable S.F.) located at 8565 Eastchase Parkway, Montgomery, AL.  The Buyer was Halle Properties, LLC and the use will be a Discount Tire facility.  The sales price was $900,000.00 which represents $15.43/usable S.F.