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Description of the Article


SOLD – 3.7 Acres Pike Road, AL – December 26, 2012

Mark Dauber has represented Merry Corner, LLC in the sale of a 3.7 Ac. Parcel fronting Vaughn Road at a price of $485,000.00. The buyer was The Broadway Group, LLC who will develop a portion of the property as a Dollar General. This new retail facility will complement the existing CVS store located at the corner of Vaughn Road and Pike Road.



SOLD – Office Building, Montgomery, AL 36116 – December 21, 2012

Mark Dauber has represented GLIC Real Estate Holdings, LLC in the sale of a +/-18,400 S.F. office building located at 2450 Presidents Drive, Montgomery, AL. The sales price was $245,000.00. The buyer is The Open Door Christian Faith Church.



SOLD – Office/Warehouse, Montgomery, AL – December 19, 2012

John Stanley, CCIM has represented Stivers Realty, L.C. in the purchase of a 9,081 S.F. office/warehouse property located at 4060 East South Boulevard. The sales price was $260,870 ($28.73/S.F.). The Property is zoned M-1.


LEASED – Retail Space, Montgomery, AL – December 12, 2012

Lee Meriwether, CCIM recently represented Carmichael Retail Center in a lease transaction with Elizabeth A. Campbell for a Yoga Workout Center. The terms of the lease are undisclosed.

LEASED – Interstate Park, Montgomery, AL – December 12, 2012

Lee Meriwether, CCIM represented Interstate Park Holdings, LLC in a long-term lease renewal and expansion agreement with CACI for office space located at 700 Interstate Park Drive. The terms of the lease are undisclosed.