John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a ± 1.85 acre parcel located at the corner of Taylor Road and Averiette Drive at Billingsley Place, Commercial Plat No. 1.  The property will be developed as a convenience store/gas facility plus two (2) separate “end-cap” restaurants.  The Buyer was GANAPATI 2024, LLC. The sales price was $1,091,097.00 ($13.50/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented HD & D Land Company, LLC the in the sale of   ± 85.79 acres located at the corner of U.S. Hwy. 82 and McQueen Smith Road, Prattville, AL.  The property will be developed as future McClain Landing, Phase 8      (single family development) . The Buyer was SMB Land, LLC.  The sales price was $2,514,458.00 based on ± 75.396 usable acres at $33,350/AC.

John Stanley, CCIM has represented the William Howard Murfree Trust and DHS Holding-4, Inc. in the sale of ± 18.34 acres located at the corner of U.S. Hwy. 82 and McQueen Smith Road, Prattville, AL.  The property is zoned B-2 and will be developed for multi-use retail.  The Buyer was Heritage Galleria, LLC.  The sales price was $2,000,000.00 ($2.50/S.F.).

Lee Meriwether, CCIM recently completed the Sale of  a ± 4,930 S.F. Office Building located at 4130 Wall Street, Montgomery, AL 36106.  The sales price was $320,000.00. The Sellers were Philip and Anne Festoso and the Buyer was T.A.A.M. Holdings, LLC.  

John Stanley, CCIM has represented Kershaw Manufacturing Company, Inc. and the Estate of Royce Kershaw in the sale of ± 17.58 acres located off Chantilly Parkway, Pike Road, AL. The Buyer was Bulkley Holdings, LLC. The sales price was $500,000.00 ($28,440.00/AC). 

Lee Meriwether, CCIM  recently completed  a long term lease transaction for an ± 11,500 S.F. office/warehouse space located at 584 Oliver Road in Montgomery, AL.  The terms of the lease are undisclosed.  

John Stanley, CCIM has represented Kershaw Manufacturing Company, Inc. in the sale of a ± 1.72 acre parcel located at the corner of Kershaw Industrial Blvd. and Ala. Hwy. 126.  The property is zoned M-1.  The Buyer was David Dennis. The purchase price was $310,000.00 ($4.14/S.F.).