Lee Meriwether, CCIM recently completed the sale of a ± 1,794 S.F. office building located at 611 S. Lawrence Street, Montgomery, Alabama 36104. The property was zoned T-4- R (smart code). The Seller was Jeffrey K. Eng and the Buyer was Terrence Joseph Willis. The sales price was $70,000.00.

John Stanley, CCIM has represented The Alabama Workers Compensation Self Insurance Fund in the sale of a 12,088 S.F. office building located at 4217 Lomac Street. The Buyer is Alabama State Employees Credit Union (ASECU) which will use the property as its headquarters, administration office and data center. The sales price was $900,000.00 ($74.45/S.F.).

John Stanley, CCIM has represented The Most Worshipful Grand Lodge of Free and Accepted Masons of the State of Alabama in the sale of a ± 10.57 acre parcel located on Zelda Road, Montgomery, AL. The Buyer is the Montgomery Academy. The sales price was $600,000.00 ($56,765/ac.).

John Stanley, CCIM has represented Milo’s RE II – Montgomery Eastchase, LLC in the sale of a ± 1.30 acre lot located at 8739 Eastchase Parkway, Montgomery, AL.   The usable S.F. of the lot is 43,107 S.F.  The Buyer is DLC Properties, LLC.  The sales price was $560,000.00 ($13.00/usable S.F.).

John Stanley, CCIM has represented the Montgomery Area Council on Aging (MACOA) with the purchase of the property located at 321 No. Lawrence St.   The site consists of 16,117 S.F. and is zoned Smart Code.  The existing structure will eventually be demolished by MACOA.  The sales price was $140,000.00 ($8.68/S.F.).

John Stanley, CCIM has represented C P Properties, LLC in the leasing ± 1,540 RSF of office space located at 6925 Halcyon Park Dr., Montgomery, AL.  The tenant is Legacy New Homes, LLC.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented New Horizons, LLC in the sale of a 7,382 S.F. office building located at 7125 University Court, Montgomery, AL.  The Buyer is MLS Investments 2, LLC.  The sales price was $570,000.00 ($77.21/S.F.).

Lee Meriwether, CCIM has recently represented Enterprise Technologies, LLC in the purchase of an office condominium located at 2853 Zelda Road, Montgomery, Alabama 36106.  The sales price was $87,000.00 ($75.52/S.F.).

Lee Meriwether, CCIM has recently represented Navy Federal Credit Union in the purchase of 3311 Malcolm Drive in Montgomery, Alabama. The property was a former Iberia Bank branch location and after some renovations will become a new branch for Navy Federal Credit Union.  The sales price was $885,000.00.

John Stanley, CCIM has represented Schilleci Eastchase, LLC in the leasing ± 1,850 S.F. of retail space located at 3271 Malcolm Dr., Montgomery, AL.  The tenant is El Taco Shop, Inc.  The terms of the lease are undisclosed.