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John C. Stanley, CCIM has represented MAX Credit Union in the purchase of two (2) lots totaling 72,166 S.F. located at 336-340 No. Gay St. in Auburn, AL. The total sales price was $918,000 representing a price of $12.72/S.F. Both lots will be developed as a MAX Credit Union facility.


John Stanley, CCIM and Nim Frazer, SIOR have represented River Bank & Trust in the sale of a ± 7,000 S.F. office/warehouse property located at 4185 Troy Hwy. The property will be used as an auto repair shop. The name of the Buyer is undisclosed. The sales price was $204,000.00.


John Stanley, CCIM has represented Montgomery Colonial Property, LLC in the leasing of 49,071 rentable S.F. at Capitol Commerce Center, 100 Capitol Commerce Boulevard, Montgomery, AL. Terms of the lease and the name of the tenant are undisclosed. Occupancy of the building by the tenant is expected to occur in October, 2013.


Lee Meriwether, CCIM recently represented Kirkland Enterprises in a lease transaction with Frazer- Blocker Cotton, LLC for office space located at 441 Cotton Gin. The new facility will open in November, 2013.

John Stanley, CCIM has represented Fain Park Properties, LLC in the sale of an 882 S.F. office condo located at 7030 Fain Park Drive, Montgomery, AL. The name of the Buyer is undisclosed. The sales price was $136,000 ($154.20/S.F.).



John Stanley, CCIM has represented BB&T in the sale of a 3,250 S.F. office building located at 3911 Fain Court. The Buyer was J. Simmons Properties, LLC. The sales price was $80,000.00.


Lee Meriwether, CCIM and John Stanley, CCIM recently represented S&R Holdings, LLC in the sale of a ± 6,900 S.F. Class A office building located at 2315 Eastchase Lane. The Buyer was McKean Holdings, LLC and, after renovation, the building will become the new home for McKean and Associates Architects, LLC. The sales price was $620,000.


John Stanley, CCIM has represented Auburn Bank in the sale of 149.65 acres on Okfuski Road in Pike Road, AL. The property is zoned for residential estate lots. The sales price was $1,316,920 ($8,800/Ac.)


John Stanley, CCIM has represented Sterling Bank in the sale of a 5,948 S.F. office/warehouse property located at 280 West Mendel Parkway, Montgomery AL, located off Atlanta Hwy. The Buyer is Healthscan Imaging, LLC. The sales price was $235,000.00.

Lee Meriwether, CCIM recently represented Auto Electric & Carburetor Co., Inc. in a lease transaction with R&W Developers, LLC for a warehouse/distribution facility to be located at 2735 Poplar Street. The new business should open in July, 2013. The terms of the lease are undisclosed.