John Stanley, CCIM has represented PB Prattville, LLC in the sale of a ± 43,797 S.F. retail parcel located at 1853 Sugar Exchange in Prattville, Alabama.  The Buyer was MAD TENDERS, LLC for the development of a MAD TENDERS restaurant.  The sales price was $535,000.00 ($12.22/S.F.).

Lee Meriwether, CCIM recently represented Fred and Todd Henderson in the sale of a vacant lot located at 3630 Malcolm Drive in Montgomery, Alabama.  The lot is ± 56,191 square feet, zoned B-3, and sold for $100,000.00 ($1.78/S.F.). 

Lee Meriwether, CCIM recently represented Avadian Credit Union on the sale of a ± 14,050 S.F. office / warehouse building located at 5506 Wares Ferry Road in Montgomery, Alabama.  The property is zoned B-3 and contains ± 1.29 Acres of land. The Buyer was Custom Cabinet Renovations.  The sales price was $350,000.00 ($24.91/S.F.). 

John Stanley, CCIM has represented MR. MATTRESS, LLC in the leasing ± 18,228 S.F. of retail and warehouse space located at 6095 Atlanta Highway, Montgomery, AL.  The space will be used as a retail bedding outlet.  Opening is planned for June 1, 2021.   The Lessor is Eastpointe, LLC.  The terms of the Lease are undisclosed. 

Lee Meriwether, CCIM recently represented Grantham Land Company, LLC in the purchase of ± 19.38 acres of land along EastChase Lane in Montgomery, Alabama.  The property was zoned PUD at the time of the sale and will be developed as a gated upper end residential neighborhood.  The sales price was $667,120.00 or $34,423.00 per acre.

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a      ± 4,330 S.F. office building located at 6765 – 6767 Taylor Circle, Montgomery, Alabama.  The Buyer was Georgiana Convenience, LLC.  The cap rate was 9.1%.  The sales price was $380,000.00 ($87.76/S.F.).

John Stanley, CCIM has represented Jackson Hospital & Clinic, LLC in its purchase of the former Metro Fitness property located at 7150 Halcyon Park Drive, Montgomery, AL.  The property consists of a ± 17,588 S.F. fitness center on ± 2.18 acres.  The Buyer plans to refurbish and reopen the property as a fitness and wellness facility in summer of 2021.  The Seller was Garzon Properties, LLC.  The sales price for the property was $2,050,000.00 ($116.55/S.F.).

John Stanley, CCIM has represented 2.42 Church, Inc. in the purchase of property located at 415 Perry Hill Road in Montgomery, Alabama.  The property consists of an existing ± 3,520 S.F. church located on ± 1.47 acres.  The Seller was Welch College.  The sales price was $225,000.00 ($63.92/S.F.).

John Stanley, CCIM has represented Diverse Holdings, LLC in the purchase of a ± 1,948 S.F. office building located at 312 Scott Street in Montgomery, Alabama.  The sales price was $160,000.00 ($82.15/S.F.).

John Stanley, CCIM has represented David P. Justice, et al in the sale of the former Mr. Sandman property located at 6075-6095 Atlanta Hwy., Montgomery, AL.  The building consists of 18,601 S.F. ground floor retail space plus a 13,409 S.F. upper-level storage space.  The Buyer was Eastpointe, LLC.  The sales price as $900,000.00.