John Stanley, CCIM has represented 303 Samford Avenue, LLC in the sale of two (2) commercial lots located on Taylor Road and Malcolm Drive being a total of 76,059 S.F. and zoned B-3. The Buyer was Cross Development, LLC.  The sales price was $295,000.00 ($3.88/S.F.).

John Stanley, CCIM has represented Jackson Hospital & Clinic, LLC in its purchase of the former Metro Fitness property located at 7150 Halcyon Park Drive, Montgomery, AL.  The property consists of a ± 17,588 S.F. fitness center on ± 2.18 acres.  The Buyer plans to refurbish and reopen the property as a fitness and wellness facility in summer of 2021.  The Seller was Garzon Properties, LLC.  The sales price for the property was $2,050,000.00 ($116.55/S.F.).

John Stanley, CCIM has represented 2.42 Church, Inc. in the purchase of property located at 415 Perry Hill Road in Montgomery, Alabama.  The property consists of an existing ± 3,520 S.F. church located on ± 1.47 acres.  The Seller was Welch College.  The sales price was $225,000.00 ($63.92/S.F.).

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a      ± 4,330 S.F. office building located at 6765 – 6767 Taylor Circle, Montgomery, Alabama.  The Buyer was Georgiana Convenience, LLC.  The cap rate was 9.1%.  The sales price was $380,000.00 ($87.76/S.F.).