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.

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.

John Stanley, CCIM has represented McLemore Plantation, Ltd. in the sale of ± 1.28 acres located on Wallahatchee Road, Pike Road, Alabama.  The Buyer was The Water Works and Sanitary Sewer Board of the City of Montgomery.  The property will be developed as a well site.  The sales price was $38,400.00 ($30,000.00/AC.).

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in the leasing of ± 4,255 S.F. of Class “A” office space located at Halcyon Pointe 1, 7515 Halcyon Summit Dr., Montgomery, AL.  The tenant is BXS Insurance, Inc.  The terms of the lease are undisclosed.