Lee Meriwether, CCIM has recently represented Laxmi Vishnu, LLC in the sale of ± 1.61 Acres located on Interstate Commercial Park Loop in Prattville, AL.  The Buyer was Blue Ocean Real Estate Holdings, LLC.  The Property will be developed as a Hotel.  The Sales Price was $680,000.00 or $9.71/S.F.

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in the sale of ± 15 acres located at the intersection of Coosa River Parkway and Gossum Switch Road, Wetumpka, Alabama.  The property is zoned B-2 (Commercial).  The buyer was Montgomery Properties 1, LLC. The sales price was $550,000.00 ($36,667/AC.).

John Stanley, CCIM has represented GRIDOPS, LLC in the purchase of a ± 3,116 S.F. office /warehouse property located at 310 East Mendel Parkway, Montgomery, AL.  The sales price was $200,000.00 ($64.18/S.F.).

John Stanley, CCIM has represented Rural Holdings, LLC in the sale of a ± 35,502 S.F. office lot located at the corner of Averett Drive and Kessinger Drive in Montgomery, AL. The Buyer was Hazrat Omar Islamic Center, Inc. The sales price was $142,008.00 ($4.00/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 3,852 RSF of Class “A” office space located at Halcyon Pointe I, 7515 Halcyon Summit Drive, Montgomery, AL.  The tenant is Federal Deposit Insurance Corporation.  The terms of the lease are undisclosed.