John C. Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing ± 2,225 S.F. of office space located at 6767 Taylor Circle, Montgomery, AL. The tenant is Gardenia Cove Mental Health, PC. The terms of the lease are undisclosed.
Nim Frazer, SIOR has completed the sale of ±2.07 acres of land at 4815 Birmingham, Highway, Montgomery, AL. The property is an undeveloped lot with no improvements. The sales price was $45,000.00. The property will be used for a new business expansion opportunity by the adjacent property owner. The property is zoned M-3.
Nim Frazer, SIOR has completed the sale of ± 20 acres of land off Vaughn Road, in Pike Road, AL. This 20 acres is located at the rear of a 113.9 acre tract fronting Vaughn Road. The sales price was $260,000.00. The property will be used for pasture by an adjacent land owner and is zoned for agriculture use.
John Stanley, CCIM has represented BB&T in the sale of a former branch bank facility located at 9120 Eastchase Parkway. The building is ± 3,576 S.F. located on a ± 39,640 S.F. lot. The Buyer was Auburn University Federal Credit Union. The sales price was $800,000.00.
Lee Meriwether, CCIM recently represented Burks Enterprises, LLC in a long-term lease agreement for a property located at 715 Madison Avenue in Montgomery, Alabama. The tenant is Scott’s Auto and Tire Service. They are based out of Millbrook, Alabama and this is their first Montgomery location. The terms of the lease are undisclosed.