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6.23 AC. U.S. Highway 80 East
- Oct 6, 2008
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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
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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
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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
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Lee Meriwether, CCIM and John Stanley, CCIM have recently completed a lease transaction for + 12,565 S.F. of office space located at 5946-5950 Monticello Drive. The 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. |
LEASED - Pike Road Station, Pike Rd, AL
- Sep 2, 2008
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Mark Dauber has leased approximately 12,300 S.F. of what was the Dominic’s space to a new grocery operation called “Fine Foods Market”. The new tenant expects to be open for business within sixty (60) days. Mr. Dauber has also leased approximately 1,750 S.F. in the shopping center to “Hissyfits”, a boutique and gift shop, which should also be opened within sixty (60) days. |
SOLD - Office Building, Montgomery, AL
- Aug 20, 2008
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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
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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
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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 - Three (3) Office Lots, Montgomery, AL
- Aug 7, 2008
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John Stanley, CCIM has sold three(3) office lots, totaling 61,086 S.F., at Wynlakes Office Park to Sturncor Investment Group, LLC for the development of a one(1) story 7,000 S.F office building to be leased to the Federal Highway Administration. The sales price was $397,063 ($6.50/S.F.). |
SOLD - Office/Warehouse Builidng, Montgomery, AL
- Aug 1, 2008
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Nim Frazer, SIOR has represented James Earl Garner, Jr. in the sale of the 8,411 S.F. building located at 560 Arba Street. The sales price was $350,000 ($41.61/S.F.). The proposed use for this property will be for records storage. This is a special purpose building designed and built for this use. |
LEASED - Aliant Center Montgomery, AL
- Jul 30, 2008
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Lee Meriwether, CCIM has represented Aliant Bank in a lease transaction with Woodham and Sharpe Associates, P.A. Woodham and Sharpe executed a four (4) year lease for approximately 3,236 S.F. rentable square feet of Class A office space at Aliant Center located at 2740 Zelda Road, Montgomery, AL. Aliant Center is 100% leased. |
SOLD - 2.55 AC, EastChase Parkway, Montgomery, AL
- Jul 30, 2008
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John Stanley, CCIM has transacted the sale of a 2.55 acre parcel on EastChase Parkway for a proposed one hundred eight (108) unit, three (3) story Fairfield Inn & Suites by Marriott. The Seller was Five East, Ltd and the Buyer was Montgomery Hotel Group, LLC. The sales price was $1,278,811.50 ($11.50/S.F.). |
SOLD - 6005 Monticello Drive, Montgomery AL
- Jul 24, 2008
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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 - Autauga Station, Prattville, AL
- Jul 1, 2008
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John Stanley, CCIM has represented General Casualty Insurance Company of Wisconsin in the leasing of 2,500 S.F. of office space at Autauga Station located on McQueen Smith Road. The lease term is for a period of five(5) years. |
SOLD - 1.93 Acres Hope Hull, AL
- Jun 10, 2008
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Mark Dauber has completed the sale of approximately 84,070 S.F. site at the corner of Wasden Road and Alabama Highway 31. The Seller was Dr. Winston Pirtle and Mary Gaye Clayton of Montgomery, AL and the Buyer was McDonald's USA, LLC. |
LEASED - Aliant Center, Montgomery, AL
- Jun 5, 2008
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Lee Meriwether, CCIM has represented Aliant Bank in a lease transaction with Homecorp Management, Inc. Homecorp executed a four (4) year lease for 3,401 rentable square feet of office space at Aliant Center located at 2740 Zelda Road. |
LEASED - East Park Center, Montgomery, AL
- Jun 5, 2008
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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. |
SOLD - Camelot Apartments, Montgomery, AL
- May 30, 2008
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Mark Dauber has completed the sale of the forty-two (42) unit apartment complex known as Camelot Apartments at 3392 Governors Drive in Montgomery, AL. The Seller was Designers Center, LLC of California and the Buyer was Camelot Property, LLC of Montgomery, Alabama. The sales price was $915,000.00 ($21,785/unit). |
SOLD - Office Lot, Montgomery, AL
- May 6, 2008
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Lee Meriwether, CCIM has completed the sale of a 1.46 acre lot zoned O-1 on Ray Thorington Road near Wisdomwood Road. The sales price was $397,762.50 or $6.25/S.F. |
SOLD - Billingsley Place, Montgomery, AL
- Apr 29, 2008
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John Stanley, CCIM has completed the sale of two (2) business zoned (B-3) lots at Billingsley Place. Lot 2A Blk B consists of 60,719 S.F. and sold for $12/S.F. Lot 3, Blk B consists of 80,822 S.F. and sold for $12.75/S.F. Both lots are proposed to be developed as a retail center. |
SOLD - Investment Property, Montgomery, AL
- Apr 24, 2008
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John Stanley, CCIM has represented its client in the purchase of a 6,702 S.F. office building located at 7080-7088 Sydney Curve, Montgomery, AL. The property is fully leased and sold on a 9% cap rate. The Seller was CJR Properties, Inc. and the sales price was $770,220 ($114.92/S.F.). |
SOLD - Warehouse Property, Prattville, AL
- Apr 11, 2008
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John Stanley, CCIM and Nim Frazer, SIOR have sold a 5,075 S.F. warehouse property located at 104 Industrial Park Road in Prattville, AL. The Seller was WW Motorsports, LLC and the Buyer is a local business. The sales price was $72,500.00 |
LEASED - East Park Center Montgomery, AL
- Apr 11, 2008
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Lee Meriwether, CCIM represented East Park Center in a lease for approximately 2,700 S.F. of office space on Carol Villa Drive. The tenant, Treehouse Property Management signed a five (5) year lease. |
LEASED - 1965 Mitchell Young Rd, Montgomery, AL
- Mar 31, 2008
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Nim Frazer, SIOR has negotiated a five (5) year lease for approximately 74,000 S.F. of office/manufacturing/warehouse space at 1965 Mitchell Young Road to ANM Services, LLC. John Stanley & Associates, Inc. will continue to market this property FOR SALE for Norment Security Group, Inc. as an investment property during the lease term. |
SOLD - Sanford Tile Property
- Mar 21, 2008
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John Stanley, CCIM has represented G & J Partnership in the sale of the Sanford Tile Property located at 5506 Wares Ferry Road, Montgomery, AL. The Property consists of a 13,797 S.F. showroom/warehouse facility on 1.3 acres of land. The sales price was $450,000. |
SOLD - Montgomery Business Park
- Mar 20, 2008
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Lee Meriwether, CCIM recently complete the sale of two (2) lots located at the corner of Congressman Dickinson Drive and Newell Parkway at Montgomery Business Park. The 2 lots combined total + 125,550 S.F. and sold for $502,200.00 or $4.00/S.F. Both lots are zoned B-3 and will be developed as a Flowers Bakery Distribution Center and Bread Store. |
SOLD - Hwy 14 Prattville, AL
- Mar 14, 2008
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Lee Meriwether, CCIM recently completed the sale of a lot located at the corner of Hwy 14 & Jasmine Trail in Prattville, Alabama. The lot is + 33,168 S.F. and sold for $265,000 or $7.99 per square foot. The lot is zoned B-2 and will be the developed as future office for Dr. Barry McNamara. |
LEASED - Central Parkway, Montgomery, AL
- Feb 22, 2008
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Lee Meriwether, CCIM has leased 1500 S.F. of office space at 2744 Central Parkway to RGIS, LLC. Beginning May 1, 2008 this will be the new Montgomery office location for RGIS, LLC. The average rental rate over the term of the lease is $16.00/S.F. |
SOLD - Business Lot, Montgomery, AL
- Feb 12, 2008
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John Stanley, CCIM has represented Mitylene Development, Inc. in the sale of a 43, 622 S.F. lot zoned B-2 at the corner of Atlanta Highway and Mitylene Park Lane in Mitylene Office Park. The sales price was $436,622 ($10/S.F.). The proposed use for this property is a pharmacy/drug store. |
LEASED - Mendel Parkway, Montgomery, AL
- Feb 8, 2008
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John Stanley, CCIM has leased 3,260 S.F. of office space at 340 Mendel Parkway to Environmental Consulting & Engineering (ECE). This will be the new home office for ECE beginning February 18, 2008. |
SOLD - Office Building, Montgomery, AL
- Jan 31, 2008
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Mark Dauber has completed the sale of an approximately 5,087 S.F. office building located at 529 South Perry Street in Montgomery, Alabama. The Seller was Commerce Row Associates, Ltd and the Buyer was Martha B. Cassels. The sales price was $260,000.00 |
SOLD - Breckenridge Storage, Montgomery, AL
- Jan 25, 2008
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John Stanley, CCIM has represented Breckenridge Storage, Inc. in the sale of the Breckenridge Storage facility located at 310 Ray Thorington Road, Montgomery, AL. The property consits of a 60,103 S.F. climate controlled storage building located on 4.915 acres. The sales price was $3,200,000 ($53.24/S.F.) |
SOLD - Taylor Road, Montgomery
- Jan 24, 2008
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Lee Meriwether, CCIM and John Stanley, CCIM have transacted the sale of a 40,875 S.F. business lot fronting Taylor Road in the Billingsley Place development. The sales price was $490,500 or $12.00/S.F. The site will be developed as a Big 10 Tire Store. |
SOLD - Car Wash, Prattville, Alabama
- Jan 15, 2008
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John Stanley, CCIM has sold the Tidal Wave Car Wash property located on Alabama Hwy 14 in Prattville, Al. The 2,537 S.F. self-service facility consists of four(4) service bays, one (1) car wash bay and the vacuum bays. The property contains 33,454 S.F. The Seller was G & G, LLC and the sales price was $503,000.00. |
LEASED - Atlanta Highway
- Jan 5, 2008
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Lee Meriwether, CCIM recently leased approximately 1,600 S.F. of retail space located at 5554 Atlanta Highway. The new tenant will be Frontline Insurance. |
SOLD - 222 AC. Montgomery, AL
- Dec 31, 2007
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John Stanley, CCIM has represented the Seller in the sale of 222.7 acres of land on Taylor Road, Montgomery, AL. The entire property is zoned Agr.-1. The purchaser was Alfa Properties, Inc. The sales price was $5,000,000 ($22,450/AC.). |
SOLD - Office Building Montgomery, AL
- Dec 24, 2007
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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. This property will serve as the new headquarters for CARPDC. |
SOLD - Office Lot, Montgomery, AL
- Dec 20, 2007
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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
- Dec 13, 2007
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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
- Dec 7, 2007
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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. |
LEASED - Warehouse Space, Montgomery, AL
- Nov 30, 2007
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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. |
LEASED - Office Lot, Prattville, AL
- Nov 30, 2007
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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. |
SOLD - Office Building, Montgomery, AL
- Nov 14, 2007
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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
- Nov 12, 2007
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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
- Oct 31, 2007
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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
- Oct 30, 2007
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John Stanley, CCIM has completed the sale of a 5,750 S.F. building located at 422 South Court Street. The Seller was The Baptist Foundation of Alabama and the Buyer was Victims of Crime & Leniency (VOCAL). The sales price was $196,430.00. |
SOLD - Office Lot Millbrook, AL
- Oct 19, 2007
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John Stanley, CCIM, as an agent for the Seller, has transacted the sale of a 48,249 S.F. office lot on Monument Drive in Millbrook, AL. The Seller was Max Federal Credit Union and the Buyer was The Alabama Masonic Home. The sales price was $337,743.00 ($7.00/S.F.). The property is proposed to be developed as a future state office headquarters facility for The Grand Lodge of Free and Accepted Masons of Alabama. |
SOLD - Office Lot Prattville, AL
- Oct 10, 2007
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Lee Meriwether, CCIM recently completed the sale of a 32,055 S.F. vacant lot on Old Farm Lane in the Covered Bridge Development. The sales price was $145,000.00 or $4.52/S.F. The Property is zoned B-2 and will be developed as a veterinary clinic. |
SOLD - Office Lot, Prattville, AL
- Sep 28, 2007
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Lee Meriwether, CCIM recently completed the sale of a 37,500 S.F. vacant lot on McQueen Smith Road in Prattville, Alabama. The sales price was $281,269.00 or $7.00/S.F. The lot is zoned B-3 and will be developed as a medical office building. |
SOLD - Office Building
- Sep 28, 2007
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Lee Meriwether, CCIM recently completed the sale of a 5,769 S.F. office building located at 5776 Carmichael Parkway, Montgomery, Alabama. The sales price was $200,000.00 or $35.22/S.F. The Seller was B.A.S.S., LLC and the Purchaser was MacGuire Properties, LLC. |
SOLD - 2670 Zelda Road
- Sep 19, 2007
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Lee Meriwether, CCIM recently completed the sale of 2670 Zelda Road. The property consists of approximately 1.14 acres and a 5,525 S.F. building. The property is zoned B-2. The sales price was $350,000.00. The property will be the new home of Royal Office Equipment. |
SOLD - Commercial Property
- Sep 19, 2007
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Lee Meriwether, CCIM recently represented Oak Park Highland, LLC in the purchase of 1818 Lake Street. The property was acquired for future expansion needs. |
LEASED - Crawford's Building
- Sep 18, 2007
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Nim Frazer, SIOR has transacted the lease of approximately 12,792 S.F. of retail space at 7449 Eastchase Parkway in Montgomery, Alabama to Mador & Smith, LLC D/B/A Signature Furniture. The tenant will occupy the building in October 2007. |
SOLD - Office, Warehouse, Acreage
- Sep 18, 2007
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Lee Meriwether, CCIM recently completed the sale of the TH Taylor Homes, Inc. office building located at 10280 U.S. Highway 80 East. The property consists of approximately 4.7 acres of land, a 5,829 S.F. office building, a 3,200 S.F. warehouse and a 2,000 S.F. shed. The entire parcel is zoned M-1. The sales price was $995,000. The property will be the new home of Pilgreen Engineering. |
Leased - 5th Floor Aliant Center
- Aug 28, 2007
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Lee Meriwether, CCIM has transacted the lease of approximately +3,224 S.F. of Class "A" office space at the Aliant Center on Zelda Road, Montgomery, AL to the law firm of Strickland and Kendall. They will occupy the space in October, 2007. |
Leased Office Space
- Aug 28, 2007
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Lee Meriwether, CCIM recently completed a lease transaction representing Wilkinson Properties, LLC on +2,632 S.F. of office space located at 8327 Crossland Loop, Montgomery, AL. |
SOLD - Ten (10) Acres - Pike Road, AL
- Aug 23, 2007
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John Stanley, CCIM has sold ten (10) acres of commercial property located in Pike Road, AL. The property fronts 695 feet along U.S. 231 South. The sales price was $95,000 or $9,500/Ac. |
SOLD - Boyd-Cooper Parkway
- Aug 22, 2007
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John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a 31,635 S.F. lot located on Boyd-Cooper Parkway, Montgomery, AL. The property is zoned B-2 and sold for $11.00/S.F. The Buyer plans to develop the property as an office building. |
SOLD - 3.51 Ac. Prattville, AL
- Aug 20, 2007
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John Stanley, CCIM has transacted the sale of a 3.51 Ac. parcel of land located at the northwest corner of the intersection of U.S. Highway 82 and AL Highway 14 in Prattville, AL. The property is zoned B-2 and will be developed for retail/commercial use. The sales price was $900,000.00 or $5.88/S.F. |
SOLD - 414 Madison Avenue
- Aug 16, 2007
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John Stanley, CCIM has completed the sale of 414 Madison Avenue in downtown Montgomery. The property consists of 9,874 S.F. of land area with an existing structure formerly used by Midas Muffler. The Seller was Automotive Enterprises, Inc. and the Buyer was Max Federal Credit Union. The sales price was $144,000. |
SOLD - Two (2) Self Storage Properties
- Aug 1, 2007
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John Stanley, CCIM has completed the sale of two (2) self storage properties in Huntsville, AL. Sentry Self Service Storage, located at 7620 South Memorial Parkway, consisting of 38,742 S.F., sold for $1,250,000. Added Space Self Storage, located at 2005 Sparkman Drive, consisting of 57,025 S.F., sold for $2,250,000. The Buyer was RPM Huntsville Storage, LLC. |
SOLD - 3.204 Acres
- Aug 1, 2007
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John Stanley, CCIM has represented The Health Care Authority of Baptist Health in the sale of a 3.204 acre parcel of land located on Narrow Lane Road, Montgomery, AL. The Buyer was Signet Healthplex of Montgomery, LLC. The property will be developed as medical/hospital use. The sales price was $350,000 or $2.50/S.F. |
SOLD - 3.44 Acres - Vaughn Road
- Jul 24, 2007
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Mark Dauber announces the sale of 3.44 Acres fronting Vaughn Road near the intersection of Pike Road for a price of $8.00 per square foot. The property is part of the Lochshire development and is zoned PUD. The purchaser expects to begin construction within thirty days of a Convenience Store and Gas Station under the trade name "Z-Tech". This development will compliment the new CVS store in the same community and is another indicator of the rapid growth taking place in the area. |
SOLD - Retail Building
- Jul 19, 2007
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Lee Meriwether, CCIM recently completed the sale of a 10,160 S.F. retail building located at 3750-3758 Norman Bridge Road. The sales price was $445,000.00. |
LEASED - Office Building
- Jul 9, 2007
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John Stanley, CCIM has leased a 12,800 S.F. office building located at 1241 Carwood Court in Montgomery, AL. The Lessor is HCS Properties, LLC and the Lessee is Rheem Sales Company, Inc. Rheem will occupy the entire building for use as a call center and related offices. |
SOLD - Office Building
- May 2, 2007
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Lee Meriwether, CCIM recently completed the sale of a +12,929 S.F. office building located at 5845 Carmichael Road, Montgomery, AL. The sales price was $857,000.00 or $66.29 per square foot. The Seller was B.A.S.S., LLC and the Purchaser was the State of Alabama State Insurance Fund. |
SOLD - 408 Main Street, Wetumpka, AL
- Apr 30, 2007
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John Stanley, CCIM has represented Colonial Bank in the sale of a property located at 408 Main Street, Wetumpka, AL. The property consists of +/- 21,843 S.F. building located on +/- 4.24 acres. Ths sales price was $1,820,000. The Buyer was the City of Wetumpka, AL. |
SOLD - US Hwy 80 East, Montgomery, AL
- Apr 24, 2007
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John Stanley, CCIM has completed the sale of a 31.274 acre parcel of land located off US Highway 80 East. The property is zoned M-1. The sales price was $500,000 for 19.314 usable acres. The Seller was Eleanor L. Dawkins. |
SOLD - 555 S. Perry Street
- Apr 12, 2007
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Lee Meriwether, CCIM recently completed the sale of a +60,660 S.F. office buillding located at 555 S. Perry Street, Montgomery, AL. The property sold for $1,400,000.00 or $23.08/S.F. |
SOLD - Catoma Street Property
- Apr 10, 2007
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John Stanley, CCIM has completed the sale of a 17,814 S.F. lot on Catoma Street in downtown Montgomery. The sales price was $126,657.00 ($7.11/S.F.) The Buyer was Capserve Exchange, L.L.C. |
LEASED - Goodwill Industries
- Apr 10, 2007
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Lee Meriwether, CCIM recently represented Goodwill Industries of Central Alabama, Inc. in an expansion and lease renewal of their retail store location at Eastmont Plaza located at 5326 Atlanta Highway. The original term was for three (3) years and occupied +7,500 S.F. of space. The new lease is for six (6) years and Goodwill will occupy +9,100 S.F. of space. |
LEASED - 5962 Monticello Drive
- Apr 9, 2007
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Lee Meriwether, CCIM recently represented Johnson and Associates on a 3 year lease for approximately 3,800 S.F. of office space at 5962 Monticello Drive. Johnson and Associates, a new business to the Montgomery area, is an engineering and surveying company based out of Huntsville, Alabama. |
SOLD - Highway 14
- Mar 28, 2007
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John Stanley, CCIM, has transacted the sale of a 43,581 S.F. lot (Zoned Business) located at the southwest corner of Alabama Highway 14 and Summitt Parkway in Prattville, AL. The property sold for $10.00/S.F. The Seller was G & G, LLC. |
SOLD - OFFICE BUILDING
- Mar 21, 2007
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Mark Dauber has completed the sale of Building Three of Commerce Row at 529 South Perry Street, Montgomery, Alabama. The Seller was Commerce Row Associates, LTD and the Buyer was Commerce Row South, LLC. The building is approximately 5,200 square feet and the sales price was $220,000. |
LEASED - OFFICE SPACE
- Mar 15, 2007
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John C. Stanley, CCIM has leased 2,160 S.F. of office space at 1763 Taliaferro Trail, Montgomery, Alabama. The Lessee is Sycamore Management Group, LLC. The lease rate is $12.50/S.F. (net) for a Lease Term of three(3) years. |
SOLD - Hilltop Pines Apartments, Auburn, AL
- Feb 23, 2007
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John Stanley, CCIM, has completed the sale of the 108 unit Hilltop Pines Apartments in Auburn, AL. The Seller was Hilltop Pines, LLC and the Buyer was Hilltop Pines/Auburn, LLC. The sales price was $3,850,000. |
SOLD - Lot for Regions Bank
- Feb 16, 2007
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John Stanley, CCIM has completed the sale of a 1.38 acre lot to Regions Bank. The lot is located at the intersection of Chantilly Parkway and Vaughn Road in Montgomery, AL. The Seller was Chantilly Development, Inc. The sales price was $842,081 ($14/S.F.). |
SOLD-Highway 14, Prattville, AL
- Feb 8, 2007
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Lee Meriwether, CCIM recently completed the sale of a + 66,462 S.F. lot located at the northwest corner of Highway 14 and Old Ridge Road in Prattville, AL. The lot sold for $920,500.00 or $13.85/S.F. The property will be developed as a Regions Bank. |
LEASED - Restaurant
- Jan 30, 2007
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John Stanley, CCIM has negotiated the lease for Los Vaqueros, a new Mexican Restaurant, located at the former Blue Burrito location at 2195 Eastern Blvd, Montgomery, AL. |
LEASED - Retail Space
- Jan 30, 2007
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John Stanley, CCIM has represented David Justice, D/B/A Mattress Fair, in the leasing of 3,200 S.F. at Chantilly Corners Shopping Center on Eastchase Parkway, Montgomery, AL. The primary lease term is for five (5) years. The landlord is Chantilly Corners, LLC. |
SOLD - Motel Site
- Jan 11, 2007
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Lee Meriwether, CCIM recently completed the sale of a 70,000 S.F. lot located at Alabama Highway 14 and I-85, in Interstate Commercial Park, Prattville, Alabama. The lot sold for $595,000 or $8.50/S.F. and will be developed as the first Candlewood Suites in the tri-county area. |
SOLD - Office Building
- Jan 3, 2007
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John Stanley, CCIM has completed the sale of a 4,320 S.F. office building located at 1761-1763 Taliaferro Trail, Montgomery, AL. The Seller was D & T Enterprises, LLC. The sales price was $510,000 ($118.05/S.F.). |
SOLD - 2.351 Acres on Eastchase Parkway
- Dec 27, 2006
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John Stanley, CCIM has closed the sale of a 2.351 acre parcel located on Eastchase Parkway, Montgomery, AL. The seller was Boyd Investments, LLC and the buyer was AmeriFirst Bank. The sales price was based on $12/usable S.F. The property will be developed as a future AmeriFirst office and branch facility. |
SOLD - 25.39 Acres Apartment Land
- Dec 15, 2006
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Lee Meriwether, CCIM and John Stanley, CCIM recently closed the sale of approx 25.39 acres of land located on Highway 14 in Prattville, AL. The land, zoned R-4 (Apartments) sold for $70,000 per acre for land determined to be non-wetlands (appx 20.75 acres) and $35,000 per acre for land determined to be wetlands (appx 4.64 acres). The total sales price was $1,614,900.00. The property will be developed as an upscale 190 unit apartment community to be known as Sweetwater. |
SOLD - Highway 14, Prattville, AL
- Dec 15, 2006
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Lee Meriwether, CCIM recently completed the sale of a 1.5 acre lot (approximately 65,503 S.F.) located at the corner of Highway 14 and McQueen Smith Road in Prattville, AL. The lot zoned B-2, sold for $982,545.00 or $15.00/S.F. and will be developed as an AmeriFirst Bank. |
SOLD - Commercial Land Sales
- Dec 7, 2006
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Lee Meriwether, CCIM recently completed the sale of +9.91 Acres of land located on Highway 170 across from Wetumpka's Industrial Park in Wetumpka, Alabama. The property, zoned B-2 (Business), sold for $143,695.00 or $14,500.00/Acre. |
LEASED - 1053-1057 Lagoon Business Loop
- Dec 4, 2006
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Lee Meriwether, CCIM recently represented Campbell Development, LLC with a lease transaction for approximately 4,400 S.F. of office/warehouse space to City Electric Supply. The premises, when completed, will house approximately 965 S.F. of office/showroom space and the remainder will be warehouse space. The Lessee, a new business to the Montgomery area, signed a five(5) year lease starting at $5.10/S.F. |
Copyright © 2006
John Stanley & Associates,
Inc.
Disclaimer
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