John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 6,925 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL. The Tenant is Alabama Liquified Petroleum Gas Board. The terms of the lease are undisclosed.

John Stanley, CCIM has represented Plantation Way, LLC in the sale of a ± 16,344 S.F office/warehouse property located at 885-889 Plantation Way, Montgomery, AL. The property is zoned M-1. The Buyer is Commerce St., LLC. The sales price was $780,000.00 ($47.72/S.F.).

Lee Meriwether, CCIM recently completed the sale of four (4) lots located at 1114 So. Decatur Street and 478, 486 and 494 Cramer Avenue in Montgomery, Alabama. The lots are zoned M-1 and all together totaling ± 39,959 square feet. The Sales price was $248,000.00 or $6.21/S.F. The Seller was Betty Morgan and the Buyer was ASU Board of Trustees.

John Stanley, CCIM has represented Mr. Mattress, LLC in the leasing of ± 2,800 S.F. of retail space in Merry Corners at the corner of Vaughn Road and Pike Road. The Landlord is Trott, LLC. The terms of the lease are undisclosed.

John Stanley, CCIM has represented TLG #1, LLC in the purchase of the Dollar General located at 19152 AL Highway 22E in Plantersville, Alabama. The property consists of a 10, 566 S.F. free-standing Dollar General on a 2.5 acre parcel. The Seller was the Broadway Group, LLC. The Sales price was $1,688,500.00 (7.05 cap rate).