Description of this article
John Stanley, CCIM has represented Meriweather, LLC in the purchase of a ± 93.6 acre parcel of land located on Vaughn Road. The Seller was Mary Catherine Gilder. The sales price was $1,500,000.00 ($16,025/AC.).
John Stanley, CCIM has represented MereSam, LLC in the purchase of a ± 6.74 ac. lot located on Air Base Boulevard, Montgomery, AL. The lot is specifically located in the Montgomery Industrial Terminal. The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery. The sales price was $67,400.00 ($10,000/AC.).
Nim Frazer, SIOR has represented Rebecca Vaughn and Elizabeth Calhoun in the sale of ± 30.05 acres located on U.S. Hwy 80 West, across from Dannelly Field, in Montgomery, AL. The property is zoned M-1 and was sold to KOAM, LLC. The sales price was $270,000.00.
Nim Frazer, SIOR recently completed the lease of a 15,400 S.F. warehouse space located at 3454 Hayneville Road, Montgomery, AL. The Lessor is Loeb Lands, Inc. and the Lessee is Pinnacle Logistics System. The terms of the lease are undisclosed.
Lee Meriwether, CCIM and John Stanley, CCIM have sold two (2) commercial lots located on Taylor Road and Malcolm Drive. Both lots total 76,090 S.F. The Seller was RL REGI Alabama, LLC and the Buyer is 303 Samford Avenue, LLC. The sales price was $255,000.00 ($3.35/S.F.).
Mark Dauber has represented Ray W. Scott, Jr. in the sale of ± 25 acres of land located at the NE corner of I-65 and Tyson Road, Lowndes County, AL. The Buyer was Research Holdings, LLC, d/b/a Love’s Travel Stops and Country Stores, Inc. The sales price was $650,000.00 ($26,000/acre).