Results


Description of the Article


SOLD – 38,226 S.F. Lot on Eastchase Parkway, Montgomery, AL– August 27, 2013

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a 38,226 S.F. lot at the corner of Eastchase Parkway and Boyd Cooper Parkway. The lot will be developed as a Taco Bell restaurant facility. The Buyer was Monty Mex Corp. The sales price was $458,712 ($12.00/S.F.).



LEASED – 20,400 S.F. WAREHOUSE SPACE, Montgomery, AL – May 9, 2013

Lee Meriwether, CCIM recently represented Auto Electric & Carburetor Co., Inc. in a lease transaction with R&W Developers, LLC for a warehouse/distribution facility to be located at 2735 Poplar Street. The new business should open in July, 2013. The terms of the lease are undisclosed.



SOLD – Former Hooters Restaurant, Montgomery, AL – April 2, 2013

Lee Meriwether, CCIM has represented Rialto Capital Advisors in the sale of the former Hooters Restaurant located at 2701 Eastern Boulevard. The sales price was $650,000.00.



SOLD – 3.7 Acres Pike Road, AL – December 26, 2012

Mark Dauber has represented Merry Corner, LLC in the sale of a 3.7 Ac. Parcel fronting Vaughn Road at a price of $485,000.00. The buyer was The Broadway Group, LLC who will develop a portion of the property as a Dollar General. This new retail facility will complement the existing CVS store located at the corner of Vaughn Road and Pike Road.



LEASED – Interstate Park, Montgomery, AL – December 12, 2012

Lee Meriwether, CCIM represented Interstate Park Holdings, LLC in a long-term lease renewal and expansion agreement with CACI for office space located at 700 Interstate Park Drive. The terms of the lease are undisclosed.