Lee Meriwether, CCIM has recently represented J&W WGT Company, LLC in the sale of ± 10 acres located along Park Crossing in the New Park Development.  The Buyer was Montgomery Housing LLLP and the Property will be developed as an apartment community.  The Buyer paid to extend sanitary sewer to the site. The Sales Price is undisclosed.

John Stanley, CCIM has represented the Raymond Boykin Family Partnership, et al in the sale of  ± 342.44 acres located on Ray Thorington Road, Montgomery, AL.  The property is zoned for single family and multifamily use.  The Purchaser is Heritage Homes Development, Inc. The sales price was $2,800,000.00 ($8,176.61/AC.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 3,852 RSF of Class “A” office space located at Halcyon Pointe I, 7515 Halcyon Summit Drive, Montgomery, AL.  The tenant is Federal Deposit Insurance Corporation.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Rural Holdings, LLC in the sale of a ± 35,502 S.F. office lot located at the corner of Averett Drive and Kessinger Drive in Montgomery, AL. The Buyer was Hazrat Omar Islamic Center, Inc. The sales price was $142,008.00 ($4.00/S.F.).

John Stanley, CCIM has represented GRIDOPS, LLC in the purchase of a ± 3,116 S.F. office /warehouse property located at 310 East Mendel Parkway, Montgomery, AL.  The sales price was $200,000.00 ($64.18/S.F.).

John Stanley, CCIM has represented Georgiana Convenience, LLC in leasing ± 2,160 S.F. of office space located at 1763 Taliaferro Trail, Montgomery, AL.  The tenant is Avondale and Associates Psychological Services, LLC.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Mitzi Lane Holladay in the sale of a former Arby’s restaurant located at 3853 Atlanta Highway, Montgomery, Alabama.  The property consists of a ± 1,837 S.F. building on a ± 30,250 S.F. lot.  The Buyer was Hui Xing, Inc.  The sales price was $382,500.00 ($208.22/S.F.).

John Stanley, CCIM has represented NUCO Investments, LLC in the sale of a ±43,130 S.F. office building on ± 6.22 acres located at 4525 Executive Park Drive, Montgomery, AL.  The Buyer was Three Fold Properties II, LLC.  The sales price was $1,900,000.00 ($44.05/S.F.).

John Stanley, CCIM has represented the Dan H. Broughton Family Partnership, Ltd. in the sale of a ±43,306 S.F. lot located at the corner of Vaughn Road and Leavell Circle (Melrose Village) Montgomery, AL.  The lot is zoned B-3 and will be developed for office use and a free-standing Ellianos Coffee.  The Buyer was POS Properties, LLC.  The sales price was $350,000.00 ($8.08/S.F.).

John Stanley, CCIM has represented Ortho Property Investment I, LLC in the sale of a ±8,442 S.F. medical office building located at 488 St. Lukes Drive, Montgomery, AL.  The Buyer was The Cedar Hills Group, LLC.  The sales price was $900,000.00 ($106.60/S.F.).