John C. Stanley, CCIM has represented BB&T in the sale of a ± 427 acre parcel of undeveloped land located at the corner of Gateway Drive and Marvyn Parkway, Opelika, AL. The property is zoned PUD and will be developed for residential and commercial use. The Buyer was Opelika Gateway Properties, LLC. The sales price was $1,538,546.40 ($3,600/Ac.).

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a 38,226 S.F. lot at the corner of Eastchase Parkway and Boyd Cooper Parkway. The lot will be developed as a Taco Bell restaurant facility. The Buyer was Monty Mex Corp. The sales price was $458,712 ($12.00/S.F.).

John C. Stanley, CCIM has represented Walker Grant in the sale of a 9,420 S.F. office/warehouse property located at 25 Henderson Hwy., Troy, AL. The Buyer was Hunter Holdings, LLC. The sales price was $195,000.

Lee Meriwether, CCIM recently represented Looking East, LLC in a lease transaction with Son Van for an Asian Restaurant to be located at 7968 Atlanta Hwy. The new restaurant will open in October, 2013.

Lee Meriwether, CCIM recently represented Looking Good, LLC in a lease transaction for ± 1,500 S.F. of retail space located at 7960 Atlanta Hwy. The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently represented Aliant Bank in the sale of a ± 25 Acre parcel of land zoned Multifamily located in Millbrook Alabama. About half of the property was located in a wetlands area. The Buyer was Inscoe Properties, LLC. The sales price was $200,000.00.

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.