John C. Stanley, CCIM has represented Auburn University at Montgomery (AUM) in the sublease of 11,193 RSF of Class “A” office space located at 445 Dexter Avenue, in downtown Montgomery.  The sublessee is the Alabama Department of Early Childhood Education.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Panehal, Inc. in the sale of 844 Lagoon Commercial Blvd., Montgomery, AL.  The property consists of a 6,050 S.F. office/warehouse.  The Buyer was Unique Securities, Inc.  The sales price was $312,000 ($51.57/S.F.).

Lee Meriwether, CCIM recently represented George R. Hovey in leasing ± 3,000 S.F. of office/warehouse space located at 5860 East Shirley Lane.  The Lessee is Penny Earned, LLC.  The terms of the lease are undisclosed.