Lee Meriwether, CCIM recently completed the Sale of  a ± 4,930 S.F. Office Building located at 4130 Wall Street, Montgomery, AL 36106.  The sales price was $320,000.00. The Sellers were Philip and Anne Festoso and the Buyer was T.A.A.M. Holdings, LLC.  

John Stanley, CCIM has represented Kershaw Manufacturing Company, Inc. and the Estate of Royce Kershaw in the sale of ± 17.58 acres located off Chantilly Parkway, Pike Road, AL. The Buyer was Bulkley Holdings, LLC. The sales price was $500,000.00 ($28,440.00/AC). 

Lee Meriwether, CCIM  recently completed  a long term lease transaction for an ± 11,500 S.F. office/warehouse space located at 584 Oliver Road in Montgomery, AL.  The terms of the lease are undisclosed.  

John Stanley, CCIM has represented Kershaw Manufacturing Company, Inc. in the sale of a ± 1.72 acre parcel located at the corner of Kershaw Industrial Blvd. and Ala. Hwy. 126.  The property is zoned M-1.  The Buyer was David Dennis. The purchase price was $310,000.00 ($4.14/S.F.).  

Lee Meriwether, CCIM has recently completed the Sale of  a ± 8,824 square foot Medical Office Building located at 4154 Carmichael Road, Montgomery, AL. 36106. The Seller was Carmichael Real Properties, LLC and the Buyer was NCM Real Estate, LLC.  The sales price was $1,100,000.00.

John Stanley, CCIM has represented Jungle Ventures, LLC in the purchase of the former Liberty Bank & Trust Company branch located at 3900 Eastdale Circle, Montgomery, AL.  The sales price was $280,000.00. 

John Stanley, CCIM, has represented Marshall/Teel Properties, LLC, in the sale of an office building located at 5911-5925 Monticello Drive, Montgomery, AL. The property consists of a ± 7,891 S.F. office building on a .84 acre parcel. The property is zoned B-2.  The Buyer is T & C Rehab, LLC. The sales price was $560,000.00 ($70.97/S.F.). 

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 24,563 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is Hancock Whitney Bank.  The terms of the lease are undisclosed.  

Lee Meriwether, CCIM, has recently completed the Sale of the former Paulk’s Transmission property located at 1810 Mt. Meigs Road, Montgomery, AL.  The sales price was $120,000.00, which included most of the furniture, fixtures and shop equipment. 

John Stanley, CCIM, has represented The Heritage River Town, LLC in the purchase of a ± 1.41 acre parcel located at RIVER TOWN CENTER, Wetumpka, AL.  The parcel will be developed as a GOAT Bar and Grill, a modern sports bar.  The sales price was $429,937.00 ($7.00/S.F.).