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Description of the Article


LEASED –± 9,230 RSF, CAPITOL COMMERCE CENTER, Montgomery, AL – September 21, 2015

John Stanley, CCIM and Lee Meriwether, CCIM have represented Montgomery Colonial Property, LLC in leasing an additional 9,230 RSF of office space at Capitol Commerce Center to the Alabama Department of Transportation (ALDOT).  The terms of the Lease are undisclosed.

LEASED – ± 4,469 RSF, OFFICE SPACE, MONTGOMERY, AL – September 8, 2015

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in the leasing of ± 4,469 RSF of Class “A” office space at Halcyon Pointe III.  The Tenant is Oakworth Capital Bank.  The terms of the lease are undisclosed.

SOLD – OFFICE BUILDING, MONTGOMERY, AL – August 24, 2015

John Stanley, CCIM has represented the Owner in the sale of an existing office building located at 1100 Emory Folmar Blvd., Montgomery, AL.  The building consists of ± 11,075 S.F. located on ± 1.97 acres.  The Buyer is Cook’s Properties, LLC.  The sales price was $545,000 ($49.21/S.F.).

LEASED – ± 4,593 RSF, OFFICE SPACE, MONTGOMERY, AL –August 17, 2015

John Stanley, CCIM has represented CP Properties, LLC in leasing ± 4,593 RSF of office space located at 6925 Halcyon Park Dr., Montgomery, AL.  The tenant is an investment banking firm.  The terms of the lease are undisclosed.

SOLD – MEDICAL OFFICE LOT, Montgomery, AL – July 29, 2015

John Stanley, CCIM has represented Mitylene Development, Inc. in the sale of an office lot located on Mitylene Park Lane, Montgomery, AL.  The lot will be developed in conjunction with two (2) other lots previously purchased by Dr. Ashley McIntyre for his medical office building currently under construction for East Montgomery Christian Family Medicine.  The sales price was $135,613.26 ($7.125/S.F.).