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Description of the Article


SOLD – ± 37.5 ACRES, MILLBROOK, AL. MARCH 15, 2021

John Stanley, CCIM has represented SMB Land, LLC in the purchase of ± 37.5 acres located on Grandview Road, Millbrook, AL.  The property will be developed for single family residential use. The Seller was RMC & C Joint Venture, LLC. The sales price was $689,000.00 ($18,375.00/acre).  

SOLD – ± 9,530 S.F. OFFICE BUILDING, MONTGOMERY, AL. MARCH 2, 2021

Lee Meriwether, CCIM recently completed the sale of a two story multi-tenant office building located at 449-457 St. Lukes Drive in Montgomery, Alabama.  The building was ± 9,530 S.F. and the property was zoned O-1. The sales price was $545,000.00 ($57.19/S.F.).  The second floor was vacant at the time of the sale.


LEASED – ± 2,105 S.F. OFFICE SPACE, MONTGOMERY, AL. MARCH 1, 2021

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing ± 2,105 S.F. of professional office space located at 6765 Taylor Circle in Montgomery, AL. The Lessee is DSD Laboratories, LLC, a defense contractor.  The terms of the Lease are undisclosed.  

LEASED – ± 2,648 S.F. OFFICE SPACE, MONTGOMERY, AL. MARCH 1, 2021

John Stanley, CCIM has represented Marshall /Teel Properties, LLC in the leasing of ± 2,648 S.F. of office space located at 5923 Monticello Drive in Montgomery, AL.  The tenant is Federal Injury Center of Montgomery, LLC d/b/a Spinal Pain Center.  The terms of the Lease are undisclosed. 


SOLD – OFFICE/WAREHOUSE, MONTGOMERY, AL. FEBRUARY 19, 2021

John Stanley, CCIM has represented Hill & Brooks Coffee and Tea Company, Inc. in the sale of a ± 3,164 S.F. office/warehouse property located at 1131 Holloway Park, Montgomery, AL.  The Buyer was Mitylene Park Medical Complex, LLC.  The sales price as $140,000.00 ($44.25/S.F.).