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Description of the Article


SOLD – Retail Building, Montgomery, AL– December 30, 2013

John Stanley, CCIM has represented WASCO Properties in the sale of the former Ethan Allen furniture building located at 3300 East Blvd., Montgomery, AL. The property consists of a ± 10,956 S.F. building located on ± 1.21 acres and is zoned B-3. The Buyer was Mims Property Management Group, LLC and the sales price was $320,000 ($29.21/S.F.).



SOLD – 405 East Blvd. Montgomery, AL – December 27, 2013

John Stanley, CCIM has represented Synovus Bank in the sale of a former car and truck dealership property located at 405 East Blvd., Montgomery, AL. The property consists of a ± 39,864 S.F. building on ± 7.39 acres and is zoned B-3. The Buyer was Pavilion Investment Company, LLC. The sales price was $720,000.



SOLD – 3351 Atlanta Hwy., Montgomery, AL – December 23, 2013

John Stanley, CCIM has represented J. B. Properties - Atlanta Hwy., LLC in the sale of a ± 1,240 S.F. retail building located at 3351 Atlanta Hwy., Montgomery, AL. The Buyer was J. Simmons Leasing, LLC. The property is zoned B-2. The sales price was $80,000.



SOLD – 6.17 Ac. Lot, Montgomery,AL– December 20, 2013

John C. Stanley, CCIM has represented the Mae Etta Little Trust in the sale of a 6.17 acre lot located adjacent to the Henley Hedge Subdivision off Bell Road, Montgomery, AL. The lot is zoned Agr.-1. The sales price was $330,000 ($53,485/Ac.).



LEASED –8,442 S.F. OFFICE BUILDING., Montgomery, AL – December 16, 2013

John Stanley, CCIM has represented Southern Orthopedic Properties, L.L.C. in leasing its former office space located at 488 St. Lukes Drive, Montgomery, AL. The property consists of a 8,442 S.F. medical office building. The tenant will be Center For Pain of Montgomery, P.C. The terms and conditions of the lease are undisclosed.