John Stanley, CCIM, has represented The Heritage River Town, LLC in the purchase of a ± 1.41 acre parcel located at RIVER TOWN CENTER, Wetumpka, AL.  The parcel will be developed as a GOAT Bar and Grill, a modern sports bar.  The sales price was $429,937.00 ($7.00/S.F.).

Lee Meriwether, CCIM, has recently completed the Sale of the former Paulk’s Transmission property located at 1810 Mt. Meigs Road, Montgomery, AL.  The sales price was $120,000.00, which included most of the furniture, fixtures and shop equipment. 

John Stanley, CCIM, with John Stanley & Associates, Inc. has represented Montgomery Colonial Property, LLC in the sale of Capitol Commerce Center, 100 Capitol Commerce Blvd., Montgomery, AL.  The property consists of a ± 220,000 S.F. Class “A” office building, a ± 5,300 S.F. office/warehouse, with on-site parking, including a 360 space parking garage and is located on ± 17.34 acres. 

The Buyer of the property is Alfa Mutual Insurance Company and was represented by Deborah McGill Smith, SIOR and William Ledbetter with Cushman & Wakefield/EGS Commercial Real Estate. 

The terms of the sale are undisclosed.