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Description of the Article


SOLD – MONTGOMERY, AL – MARCH 28, 2016

Lee Meriwether, CCIM recently represented Jeremiah Henderson, et al, on the sale of a ±3.32 acre vacant lot located at 116 Techna Center Drive.  The Property is zoned 0-2. The Buyer was Alabama Municipal Electric Authority.  The sales price was $200,000.00.

SOLD – MONTGOMERY, AL – MARCH 15, 2016

Lee Meriwether, CCIM recently represented DLR Associates, LLC on the purchase of a ± 8,360 S.F. vacant lot located on Carter Hill Road.  The Buyer was 2911 CHR, LLC. The sales price was $140,000.00.  The property will be developed as a Goo Goo Car Wash.

SOLD – ANN ST. PROPERTY, MONTGOMERY, AL. – FEBRUARY 12, 2016

John Stanley, CCIM has represented Speedy Development USA, LP in the sale of a ± 20,035 S.F. lot located at 932 Ann St., Montgomery, AL.  The lot is zoned B-3-Q.  The Buyer is 932 Ann St., LLC.  The sales price was $320,000 ($15.97/S.F.).


LEASED – ± 30,134 S.F., WAREHOUSE, MONTGOMERY, AL – JANUARY 27, 2016

John Stanley, CCIM has represented, All Fitness Solutions, Inc. in leasing ± 30,134 S.F. of Warehouse space at 201 Smothers Road, Montgomery, AL.  The Landlord is Industrial Partners, LLC.  The terms of the lease are undisclosed.

SOLD – ± 2.35 AC. EASTCHASE PARKWAY, MONTGOMERY, ALABAMA – DECEMBER 29, 2015

John Stanley, CCIM has represented, AmeriFirst Bank in the sale of a ± 2.35 acre lot located at the northwest corner of Eastchase Parkway and Boyd Copper Parkway.  The Buyer is Milo’s II – Montgomery Eastchase, LLC.  The sales price was $924,736.00 ($11.75/ S.F. based on 78,701 usable S.F.).