John Stanley, CCIM has represented AP Montgomery, L.L.C. in the purchase of a ± 10.37 acre parcel of land located on Chantilly Parkway, just off I-85 at Exit 11. The property will be developed as a 13- screen Carmike Cinemas. The Seller was Trum, L.L.C. The sales price was $1,845,795 ($4.10/S.F.).

John Stanley, CCIM has represented Alabama Ag Credit in the sublease of 7,797 rentable S.F. of office space located at Lakeview Center, Montgomery, AL. The sublessor was Metropolitan Life Insurance Company. The terms of the sublease are undisclosed.

John Stanley, CCIM has leased a 12,800 S.F. office building located at 1241 Carwood Court in Montgomery, AL.  The Lessor is HCS Properties, LLC and the Lessee is Rheem Sales Company, Inc.  Rheem will occupy the entire building for use as a call center and related offices.

Lee Meriwether, CCIM recently completed the sale of a 10,160 S.F. retail building located at 3750-3758 Norman Bridge Road, Montgomery, AL.  The sales price was $445,000.00.

Lee Meriwether, CCIM recently completed the sale of a 10,160 S.F. retail building located at 3750-3758 Norman Bridge Road, Montgomery, AL.  The sales price was $445,000.00.

LEASED – 2,237 S.F., OFFICE SPACE, Montgomery, AL – March 31, 2014