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SOLD – Bell Building, Montgomery, AL– March 7, 2014

Mark Dauber has represented F&A Realty Montgomery, Ltd. in the sale of the Bell Building located at 201 Montgomery St. in downtown Montgomery, AL. The building consists of approximately 120,000 S.F. of office space. The Buyer plans to renovate the property as a residential development. The Buyer was MAL, LP and the sales price was $3,125,000.



SOLD – 1.00 Ac., Park Crossing, Montgomery, AL – February 25, 2014

John Stanley, CCIM has represented PowerSouth Energy Cooperative in the purchase of 1.00 acres located on Park Crossing. The property will be used by PowerSouth as a portion of a larger parcel for a power substation. The Seller was Thorington Road Properties, LLC. The terms of the sale are undisclosed.



SOLD – 4.63 Ac., Park Crossing, Montgomery, AL – February 7, 2014

John Stanley, CCIM has represented PowerSouth Energy Cooperative in the purchase of 4.63 acres located on Park Crossing. The property will be developed by PowerSouth as a power substation to serve the growing demands of residential and commercial development in the area. The Seller was Alfa Properties, Inc. The terms of the sale are undisclosed.



SOLD – 1.35 Ac. Lot, Chantilly Pkwy., Montgomery, AL – December 16, 2013

Lee Meriwether, CCIM and John Stanley, CCIM have represented Boyd Investments, LLC in the sale of a 1.35 Ac. lot located on Chantilly Parkway, Montgomery, AL, adjacent to the Pub Restaurant. The Buyer was Gipson Enterprises, L.L.C. for the development of a Gipson Auto Tire Service facility. The sales price was $450,000.00 ($7.65/S.F.).



LEASED – 635 EAST BLVD., Montgomery, AL – October 21, 2013

John Stanley, CCIM has represented Courtesy Automotive Group, Inc. in the leasing of a ± 2,050 building plus parking lot at 635 East Blvd. in Montgomery, AL to BFM Transportation, LLC. The property will be used as a Hertz rental car facility beginning December, 2013. The terms of the lease are undisclosed.