John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a      ± 4,330 S.F. office building located at 6765 – 6767 Taylor Circle, Montgomery, Alabama.  The Buyer was Georgiana Convenience, LLC.  The cap rate was 9.1%.  The sales price was $380,000.00 ($87.76/S.F.).

Lee Meriwether, CCIM recently represented Caton Properties Management Company, LLC in the sale of a ± 7,200 S.F. office / warehouse building located at 481 George Todd Court in Montgomery, Alabama.  The sales price was $325,000.00 ($45.15/S.F.).

Lee Meriwether, CCIM recently completed the sale of a two story multi-tenant office building located at 449-457 St. Lukes Drive in Montgomery, Alabama.  The building was ± 9,530 S.F. and the property was zoned O-1. The sales price was $545,000.00 ($57.19/S.F.).  The second floor was vacant at the time of the sale.