John Stanley, CCIM has represented The Estate of Ida Belle Young in the sale of ± 11.78 acres located on East Boulevard, Montgomery, AL.  The property is zoned B-3 (Commercial).  The Buyer was Sun-Beach Investments Co.  The sales price was $370,000.00 ($0.72/S.F.).

John Stanley, CCIM has represented Montgomery Real Estate Ventures, LLC in the sale of a ± 3,649 S.F. medical office building located at 4749 Berry Blvd., Montgomery, AL.  The Buyer was John K. L. Porter D.O, PC.  The sales price was $505,312.50 ($138.48/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a          ± 1.85 acre parcel located at the corner of Taylor Road and Averiette Drive at Billingsley Place, Commercial Plat No. 1.  The property will be developed as a convenience store/gas facility plus two (2) separate “end-cap” restaurants.  The Buyer was GANAPATI 2024, LLC. The sales price was $1,091,097.00 ($13.50/S.F.).