John C. Stanley, CCIM has represented BB&T in the sale of a ± 427 acre parcel of undeveloped land located at the corner of Gateway Drive and Marvyn Parkway, Opelika, AL. The property is zoned PUD and will be developed for residential and commercial use. The Buyer was Opelika Gateway Properties, LLC. The sales price was $1,538,546.40 ($3,600/Ac.).

Lee Meriwether, CCIM recently represented Carmichael Retail Center in a lease transaction with Payroll Services by Extra Help, Inc. for office space located at 4824 Woods Crossing. The new facility will open in September, 2013.

John C. Stanley, CCIM has represented Standing Boy Properties, LLC in the purchase of a 76,230 S.F. lot located at the corner of Alabama State Hwy 14 and Malwest Drive in Prattville, AL. The property will be developed as a Burger King restaurant facility. The sales price was $905,000 ($11.87/S.F.).

John C. Stanley, CCIM has represented MAX Credit Union in the purchase of two (2) lots totaling 72,166 S.F. located at 336-340 No. Gay St. in Auburn, AL. The total sales price was $918,000 representing a price of $12.72/S.F. Both lots will be developed as a MAX Credit Union facility.

John Stanley, CCIM and Nim Frazer, SIOR have represented River Bank & Trust in the sale of a ± 7,000 S.F. office/warehouse property located at 4185 Troy Hwy. The property will be used as an auto repair shop. The name of the Buyer is undisclosed. The sales price was $204,000.00.