Lee Meriwether, CCIM recently completed a long term Lease for ± 1,817 S.F. of office space located at 4265 Lomac Street in Montgomery, Alabama. The Landlord was James F. Hampton and the Tenant was Helping Hearts Senior Care Services, LLC. The terms of the Lease are undisclosed.

John Stanley, CCIM has represented Black Dog Investments, LLC in the sale of a ± 9,768 S.F. office building located at 2601 Bell Road and a ± 26,000 S.F. adjacent office lot located at 2645 Bell Road in Montgomery, AL. The sales price of the building was $645,000.00 ($66.03/S.F.) and the sales price of the lot was $80,000.00 ($3.08/S.F.). The Buyer was Alabama Institute for Deaf and Blind.

John Stanley, CCIM has represented W.D. Distributing, LLC (Seraaj Family Homes, Inc.) in the sale of its ± 23,264 S.F. office building located at 400 Cotton Gin Road, Montgomery, AL. The Buyer was Central Alabama Aging Consortium (CAAC). The sales price was $2,000,000.00 ($85.97/S.F.).

John Stanley, CCIM has represented Alabama Credit Union Administration (ACUA) in the leasing of ± 2,284 RSF of Class “A” office space located at 100 North Union St., Montgomery, AL. The Lessor is The Retirement Systems of Alabama. The terms of the lease are undisclosed.

John Stanley, CCIM has represented Beebe Fredrick, Jr. in the sale of a ± 9,436 S.F. office building located at 624 South Perry Street, Montgomery, AL. The Buyer was River Region United Way. The sales price was $442,500.00 ($45.05/S.F.).