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Description of the Article


SOLD - COMMERCIAL LOT, BILLINGSLEY PLACE, MONTGOMERY, AL. APRIL 25, 2017

John Stanley, CCIM has represented St. James United Methodist Church in the sale of a commercial lot located at the corner of Malcolm Dr. and Averiette Dr., Montgomery, Al.  The name of the Buyer is undisclosed.  The sales price was $110,000.00 ($3.10/S.F.). 



SOLD - 3900 ATLANTA HWY., MONTGOMERY, AL.– APRIL 14, 2017

John Stanley, CCIM has represented Philippou Brothers, Inc. in the sale of a .54 acre lot located at the southeast corner of Atlanta Highway and Perry Hill Road.  The property was formerly occupied by Flip’s Restaurant.  The Buyer is the City of Montgomery.  The sales price was $385,000.00 ($16.37/ S.F.)



SOLD - COMMERCIAL LOT, AUBURN, AL.–MARCH 31, 2017

John Stanley, CCIM has represented Carroll Timber & Land, LLP in the sale of a 1.64 ac. commercial lot located on South College Street, Auburn, AL.   The sales price was $650,000.00.  The Buyer is Cook-Out Auburn, Inc.

LEASED - ± 1,496 S.F., GREENVILLE, AL.– MARCH 17, 2017

John Stanley, CCIM has represented Alabama State Employees Credit Union (ASECU) in leasing ± 1,496 S.F. of retail space located at Willow Point Shopping Center in Greenville, AL.  This location will be used by ASECU as its Greenville office and retail banking.  Opening is scheduled for June, 2017.  The terms of the lease are undisclosed.

SOLD - ± 35,969 S.F. LOT, MONTGOMERY, AL.– FEBRUARY 17, 2017

John Stanley, CCIM has represented Sunset Properties, LLC in the sale of a ± 35,969 S.F. lot located on Lagoon Business Loop in Montgomery, AL.    The Buyer is Capitol Estate Holdings, LLC.  The sales price was $115,000.00 ($3.20 / S.F.).