John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a ± 1.3 acre lot located at the intersection of Wares Ferry Road and McLemore Road, Montgomery, AL.  The Buyer is Dennis Padhiar, et al. The lot will be developed as a service station and convenience store facility.  The sales price was $160,000.00 ($2.81/S.F.).

John Stanley, CCIM has represented Montgomery East, Inc. in the sale of a ± 37,500 S.F. lot located on North East Boulevard, Montgomery, AL.  The Buyer is Premier Holdings, LLC.  The property will be developed as a Popeye’s Restaurant. The sales price was $362,500.00 ($9.67/S.F.). 

John Stanley, CCIM has represented MereSam, LLC in the purchase of a ± 6.74 ac. lot located on Air Base Boulevard, Montgomery, AL.  The lot is specifically located in the Montgomery Industrial Terminal.  The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery. The sales price was $67,400.00 ($10,000/AC.).