Description of the Article

SOLD– Magnolia Ridge, Millbrook, AL – March 22, 2013

John Stanley, CCIM has represented Max Credit Union in the sale of a .96 acre parcel located on Ala. Hwy. 14 in Millbrook, AL. The property will be developed as a Family Dollar retail facility. The sales price was $395,000.00 ($9.41/S.F.). The name of the Buyer is Family Dollar Stores of Alabama, Inc.

LEASED – 3,500 S.F. OFFICE SPACE, Montgomery, AL – February 26, 2013

Lee Meriwether, CCIM recently represented Kirkland Enterprises in a lease transaction with Varicosity Vein Center for a medical office to be located at 445 Cotton Gin. The new medical facility should open in April, 2013.

SOLD – Office Building, Montgomery, AL – January 17, 2013

Lee Meriwether, CCIM has represented Kirkland Enterprises in the sale of a 10,000 S.F. office building located at 4719 Woodmere Blvd. The sales price was $900,000.00 or $90.00/S.F. The building will be owned and occupied by The Alabama West Florida Conference of the United Methodist Church.

SOLD – Office Building, Montgomery, AL – January 7, 2013

Lee Meriwether, CCIM has represented CIT Small Business Lending Corporation in the sale of a 2,911 S.F. office building and an adjacent ± 36,301 S.F. vacant lot located at 1760 Platt Place. The total sales price for both parcels was $390,000.00.

LEASED – 8,501 RSF OFFICE SPACE, Montgomery, AL – January 3, 2013


Lee Meriwether, CCIM and John Stanley, CCIM have represented the law firm of Sasser, Sefton, Brown, Tipton & Davis, P.C. in the leasing of 8,501 RSF of office space located on the 8th floor of the RSA Judicial Building, 445 Dexter Avenue, Montgomery, AL. The Landlord is The Retirement System of Alabama.