John Stanley, CCIM has represented Mitylene Development, Inc. in selling a ± 30,714 S.F. office lot located in Mitylene Office Park.  The Buyer was Renal Associates of Alabama, LLC.  The sales price was $155,000.00 ($5.04/S.F.).

John Stanley, CCIM has represented DBM Properties, LLC in leasing ± 1,942 S.F. of office space at 4209 Carmichael Road, Montgomery, AL. The Tenant is Thrive Trauma, Inc. The terms of the Lease are undisclosed. 

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.).