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Description of the Article


SOLD – 4249 LOMAC ST., MONTGOMERY, AL.– OCTOBER 28, 2016

Lee Meriwether, CCIM completed the sale of a ± 6,516 S.F. office building located at 4249 Lomac St. in Montgomery, AL.  The Seller was Mask Properties, LLC and the Buyer was Lomac Street, LLC.  The sales price was $250,000.00.

LEASED – ±2,105 S.F., OFFICE SPACE, MONTGOMERY, AL – OCTOBER 27, 2016

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing ± 2,105 S.F. of office space located at 6765 Taylor Circle, Montgomery, AL.  The tenant is Maymont School, Inc. D/B/A Montgomery School of Bodywork and Massage.

SOLD – OFFICE BUILDING, MONTGOMERY, AL.– SEPTEMBER 29, 2016

Nim Frazer, SIOR has represented AIMS PROPERTIES, LLC in the sale of a 21,315 S.F. “Class A” office building on 4.0 acres of land located at 101 Technacenter Drive, Montgomery, AL.  The Buyer is ALABAMA WORKERS COMPENSATION SELF INSURANCE FUND.  The sales price was $2,150,000.00 ($100.87 / S.F.).

LEASED – ±12,839 RSF, OFFICE SPACE, MONTGOMERY, AL – SEPTEMBER 20, 2016

John Stanley, CCIM has represented Synovus Bank in the renewal of its lease for ± 12,839 RSF at Sterling Centre, 4121 Carmichael Road, Montgomery, AL.  The terms of the lease are undisclosed.

LEASED – ±3,900 S.F., OFFICE SPACE, WETUMPKA, AL – AUGUST 3, 2016

John Stanley, CCIM has represented Southern Orthopaedic Surgeons, LLC in the leasing of ± 3,900 S.F. of office space located at 7-9 Cambridge Court, Wetumpka, AL.  The terms of the lease are undisclosed.