Results

Results

rss

Description of this article

Lee Meriwether, CCIM and John Stanley, CCIM have represented Alabama Home Builders Self Insurers Fund in the leasing of ± 14,287 RSF of Class A OFFICE space located at Halcyon Pointe II, 7460 Halcyon Pointe Drive, Montgomery, AL. The Tenant is Alabama Department of Transportation (ALDOT). The terms of the lease are undisclosed.

Lee Meriwether, CCIM has recently completed the sale of 350 No. McDonough Street and 314 Columbus Street in Montgomery, Alabama, which has been the former location of Tucker Pecan Company, since the 1950�s. The Seller was CMT Enterprises, LLC and the Buyer was Equal Justice Initiative. The Sales price was $425,000.00

John Stanley, CCIM has represented the Alabama Department of Archives and History in the purchase of a ± 17,520 S.F. office building located at 660 Adams Avenue, Montgomery, AL. The property consists of .73 acres. The sales price was $1,400,000.00 ($79.90/S.F.).

John Stanley, CCIM has represented Cotton Field Place, LLC in the sale of a 72,800 S.F. parcel located at the corner of Atlanta Highway and Halcyon Pointe Dr., Montgomery, AL. The parcel is zoned B-3. The Buyer was POS Properties, LLC. The sales price was $582,400.00 ($8.00/S.F.).

Lee Meriwether, CCIM has recently completed the sale of ±14.64 acres of vacant land along Carmichael Road in Montgomery, Alabama. The Property was zoned B-2 at the time of the Sale. The Sales price was $2,041,049.60 or $3.20/S.F. The Seller was FHM Company, LLLP and the Buyer was UpFront Properties, LLC. The property will be developed as a new car dealership.

Lee Meriwether, CCIM recently completed a long term Lease for ± 1,817 S.F. of office space located at 4265 Lomac Street in Montgomery, Alabama. The Landlord was James F. Hampton and the Tenant was Helping Hearts Senior Care Services, LLC. The terms of the Lease are undisclosed.

Lee Meriwether, CCIM recently completed the sale of ± 1.72 acres of vacant land located along Woods Crossing, just off Carmichael Road in Montgomery, Alabama. The property was zoned B-3 at the time of the sale. The Sales price was $225,000.00 or $3.00/ S.F. The Seller was Paulk Properties, and the Buyer was Factory Town, LLC. The property will be developed with the adjacent property as a new car dealership.

John Stanley, CCIM has represented Katherine L. Nichols and Laura A. Lanier in the sale of a ± 6.26 acre parcel located at 424 Old Farm Lane, Prattville, AL. The Property will be developed as sites for two (2) hotel developments. The Buyer was PHOTA II-PG OZ Prattville, LLC. The sales price was $2,000,000.00 ($7.33/S.F.).

John Stanley, CCIM has represented Black Dog Investments, LLC in the sale of a ± 9,768 S.F. office building located at 2601 Bell Road and a ± 26,000 S.F. adjacent office lot located at 2645 Bell Road in Montgomery, AL. The sales price of the building was $645,000.00 ($66.03/S.F.) and the sales price of the lot was $80,000.00 ($3.08/S.F.). The Buyer was Alabama Institute for Deaf and Blind.

John Stanley, CCIM has represented Schilleci White Stone, LLC in the sale of a ± 1.26 acre outparcel located at the corner of Chantilly Parkway and Chantilly Lane in Montgomery, AL. The Buyer was DPG Single Tenant, LLC. The property will be developed as a Dollar Tree retail store. The sales price was $775,000.00 ($14.18/S.F.).