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John Stanley, CCIM has represented CFS Properties, LLC in leasing ± 1,500 S.F. of Class “A” office space at 7050 Fain Park Drive.  The tenant is Cornerstone Managing General Agency, Inc.  The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently completed a lease transaction between Gregg Hollon, CPA (Lessor) and John D. Norris, Esq. (Lessee) for ± 1,652 square feet of office space located at 2410 Cobbs Ford Road in Millbrook, Alabama, 36054.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Sanctuary Investment Group, LLC in the purchase of a 4,800 S.F. building located at 23 South Court Street, Montgomery, AL.  The Seller was Dexter Avenue Development, LLC.  The building will be renovated for use as a cigar shop and lounge.  The sales price was $278,200.00 ($58.00/S.F.).

Nim Frazer, SIOR has represented Betty H. Dickey in the sale of a 3,300 S.F. office building located at 1160 South Lawrence Street, Montgomery, AL.  The property is zoned O-1.  The Buyer was Thomas and Letitia Watford.  The sales price was $80,000.00.

John Stanley, CCIM has represented Randy Merijanian in the sale of a ± 28,125 S.F. lot located on Kessinger Drive, Montgomery, AL.  The name of the Buyer is undisclosed.  The sales price was $140,625.00 ($5.00/S.F.).

Lee Meriwether, CCIM recently represented Waylon Adams in the sale of a commercial building, located at 3025 Carter Hill Road in Montgomery, Alabama. The sales price was $181,125.00. 

Lee Meriwether, CCIM has represented River Bank and Trust in the sale of ± 5.2 Acres of undeveloped property located on U.S. Highway 31 / South Memorial Drive in Prattville, Alabama.   The property is zoned B-2.  The Buyer was Abundant Life Church Ministries.

John Stanley, CCIM has represented Alabama Home Builder’s Self Insurers Fund in leasing ± 3,839 S.F. of Class “A” office space at Halcyon Pointe I, 7515 Halcyon Summit Drive.  The tenant is Johnson and Johnson, Inc.  The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently represented Rialto, Inc. in the sale of two (2) Commercial (B-3) lots located at3712 and 3724 Malcolm Drive in Montgomery, Alabama.  The sales price was $135,000.00 ($1.92/S.F.) for both lots. 

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in leasing ± 4,865 S.F. of Class “A” office space at Halcyon Pointe III, 7480 Halcyon Pointe Drive.  The tenant is Colonial Life and Accident Insurance, Co.  The terms of the lease are undisclosed.