Lee Meriwether, CCIM and John Stanley, CCIM have sold ± 31.05 acres located on Park Crossing Drive at New Park.  The property will be developed as Phase IV of the Jubilee subdivision.  The Seller was  New Park Development Company, LLC and the Buyer is SMB Land, LLC. The Sales price was $776,500.00 ($25,000.00/AC.). 

John Stanley, CCIM has represented The Heritage Summit, LLC in the purchase of ± 1.08 acres located at the corner of Taylor Road and Halcyon Summit Dr., Montgomery, AL.  The property will be developed as a ± 2,900 S.F. QSR.  The sales price was $355,725.00 ($7.56/S.F.). 

John Stanley, CCIM has represented The Heritage Summit, LLC in the purchase of ± 4.02 acres located at the corner of Taylor Road and Halcyon Summit Dr., Montgomery, AL.  The property is Zoned B-2 and will be developed as a ± 7,259 S.F. Z-TEC Convenience Store/gas station with end-cap restaurants. In addition, a free standing ±6,500 S.F. GOAT Bar & Grill will be developed.  The sales price was $2,456,885.00 ($14.00/S.F.).  

John Stanley, CCIM has represented Jere L. Beasley, Sr. in the purchase of ± 14.06 acres located on Ray Thorington Road, Montgomery, AL.  The property is Zoned PUD - Church Use and adjoins the Deercreek Subdivision.  The sales price was $324,500.00 ($28,080.00/AC.).  

John Stanley, CCIM has represented Jere L. Beasley, Sr. in the purchase of ± 14.06 acres located on Ray Thorington Road, Montgomery, AL.  The property is Zoned PUD - Church Use and adjoins the Deercreek Subdivision.  The sales price was $324,500.00 ($28,080.00/AC.).  

John Stanley, CCIM has represented ATL242, LLC in the purchase of ± 78.31 acres located on Atlanta Highway in Montgomery, AL. The property will be developed by Lowder New Homes, Inc. as a single family residential neighborhood, known as HAWTHORNE, consisting of 70�,60�, 50� and 28� lots. The sales price was $1,174,650.00 ($15,000.00/AC.).

John Stanley, CCIM has represented ATL242, LLC in the purchase of ± 78.31 acres located on Atlanta Highway in Montgomery, AL. The property will be developed by Lowder New Homes, Inc. as a single family residential neighborhood, known as HAWTHORNE, consisting of 70’,60’, 50’ and 28’ lots. The sales price was $1,174,650.00 ($15,000.00/AC.).

John Stanley, CCIM has represented SNAVECO, LLC in the leasing 3100 Atlanta Hwy., Montgomery, AL. to Flex Revolution, LLC (d/b/a Liberty Loans).  The terms of the lease

are undisclosed. 

Nim Frazer, SIOR has represented Haber Properties LLC in leasing ± 21,267 S.F. of office space located at 2741 Gunter Park Drive in Montgomery, Alabama. The tenant is Edfinancial Services, LLC. The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently completed the sale of a church building and ± 2.64 acres of land located at 645 Coliseum Boulevard, Montgomery, AL. The sales price was $350,000.00. The Seller was All Saints Episcopal Church and the Buyer was Kingdom Seekers Worship Center.