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Description of the Article


SOLD - RETAIL/WAREHOUSE, WETUMPKA, AL.– APRIL 10, 2017

Nim Frazer, SIOR has represented Seed Processors, Inc. in the sale of a ± 27,690 S.F. retail/warehouse building located on ± 5.01 acres at 1032 US Highway 231 in Wetumpka, AL.   The Buyer is J & W Property Management, LLC.  The sales price was $475,000.00.



SOLD - COMMERCIAL LOT, AUBURN, AL.–MARCH 31, 2017

John Stanley, CCIM has represented Carroll Timber & Land, LLP in the sale of a 1.64 ac. commercial lot located on South College Street, Auburn, AL.   The sales price was $650,000.00.  The Buyer is Cook-Out Auburn, Inc.

SOLD - OFFICE/WAREHOUSE, MONTGOMERY, AL.–MARCH 30, 2017

John Stanley, CCIM has represented the Ronald Long Family Trust and Janie S. Gilliland in the sale of a 9,000 S.F. office/warehouse building located at 573 George Todd Drive, Montgomery, AL.   The sales price was $300,000.00 ($40.00/ S.F.).


SOLD - 529 S. PERRY STREET, MONTGOMERY, AL.– MARCH 20, 2017

Lee Meriwether, CCIM recently completed the sale of an office building located at 529 S. Perry Street, Montgomery, AL 36104.    The Buyer was R3 Montgomery, LLC.  After substantial renovations, the building will be occupied by attorney Ryan deGraffenried.  The building is ±5,652 square feet and Zoned T-4R.  The sales price was $225,000.00.



LEASED - ± 1,496 S.F., GREENVILLE, AL.– MARCH 17, 2017

John Stanley, CCIM has represented Alabama State Employees Credit Union (ASECU) in leasing ± 1,496 S.F. of retail space located at Willow Point Shopping Center in Greenville, AL.  This location will be used by ASECU as its Greenville office and retail banking.  Opening is scheduled for June, 2017.  The terms of the lease are undisclosed.