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Description of the Article


LEASED – ± 1,942 S.F. OFFICE SPACE, MONTGOMERY, AL. JUNE 30, 2021

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. 


SOLD – ± 4,330 S.F OFFICE BUILDING, MONTGOMERY, AL. MAY 20, 2021

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.).


SOLD – ± 1,948 S.F. OFFICE BUILDING, MONTGOMERY, AL. APRIL 9, 2021

John Stanley, CCIM has represented Diverse Holdings, LLC in the purchase of a ± 1,948 S.F. office building located at 312 Scott Street in Montgomery, Alabama.  The sales price was $160,000.00 ($82.15/S.F.).

SOLD – 481 GEORGE TODD COURT, MONTGOMERY, AL. APRIL 1, 2021

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.).


LEASED ± 14,163 S.F., MONTGOMERY, AL. MARCH 29, 2021

Lee Meriwether, CCIM recently represented Schilleci Distribution Property, LLC in a long-term lease of ± 14,163 S.F. of office / warehouse space located at 2540 MidPark Drive in Montgomery, Alabama.  The tenant is MGC, Inc.  The terms of the lease are undisclosed.