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Author: JSA Admin

Karen Account's Article

SOLD – ± 56.89 ACRES, PIKE ROAD, AL. APRIL 15, 2022

John Stanley, CCIM has represented Flatiron Farms, LLC in the purchase of ± 56.89 acres, with an existing house, located at 3620 Marler Road, Pike Road, Alabama.  The Sellers were Ray and Jeanie Shaw.  The sales price was $800,000.00 ($14,062.22/AC.).


LEASED – ± 5,235 RSF, CLASS “A” OFFICE SPACE, MONTGOMERY, AL. MARCH 10, 2022

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in the leasing of ± 5,235 S.F. of Class “A” office space located at Halcyon Pointe I, 7515 Halcyon Summit Dr., Montgomery, AL.  The tenant is Volkert, Inc.  The terms of the lease are undisclosed.  


SOLD – OFFICE BUILDING, PRATTVILLE, AL. MARCH 14, 2022

John Stanley, CCIM has represented Hancock Whitney Bank in the sale of a ± 33,176 S.F. office building on ± 1.96 acres located at 124 W. Main Street in Prattville, Alabama.  The Buyer is The Cooperative District of The City of Prattville, Alabama.  The sales price was $1,300,000.00.

SOLD – INVESTMENT PROPERTY, MONTGOMERY, AL. MARCH 8, 2022

John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a 4,167 S.F. restaurant property located at 5471 Atlanta Highway, Montgomery, AL.  The Buyer was Georgiana Convenience, LLC.  The tenant is El Jalisco Mexican Restaurant.    The sales price was $625,000.00 ($150.00/S.F.) representing an 8.6% cap rate.


SOLD – ± 52,250 S.F. MINI WAREHOUSE PROPERTY, PRATTVILLE, AL. MARCH 4, 2022

John Stanley, CCIM has represented RPM- UCT, LLC, et al in the purchase of The Storage Barn located at 1795 The Exchange North, Prattville, Alabama.  The Property consists of 448 rental storage units plus exterior parking spaces for RV’s, boats and trailers on ± 5.25 acres.  The total area of the rental storage units is ± 52,250 S.F.  The Seller was Storage Barn, LLC.  The sales price was $6,700,000.00.