Lee Meriwether, CCIM has represented Hoover AL Investors, LLC in the purchase of ± 8.0 acres of commercial property located at 2410 Parkway River Road, Hoover, Alabama (NE Corner of Highway 31 and Parkway Lake Drive).  The property will be developed as a first class Assisted Living Facility with Memory Care.  The purchase price for the entire property was $2,600,000.00 ($7.46/S.F.).

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the leasing of 2,160 square feet of office space located at 1763 Taliaferro Trail, Montgomery, Alabama.  The tenant is the Alabama Independent School Association.  The terms of the lease are undisclosed.