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LEASED - OFFICE SPACE, DOWNTOWN MONTGOMERY, AL., SEPTEMBER 9, 2019

Mark Dauber has represented 60 Commerce, LLC in leasing ± 19,060 RSF of office space located at 60 Commerce Street in downtown Montgomery, Alabama.  The tenant is Alabama State Personnel Department. The terms of the lease are undisclosed.


SOLD – ± 92.25 AC., McQUEEN SMITH ROAD, PRATTVILLE, AL., AUGUST 16, 2019

John Stanley, CCIM has represented HD & D Land Company in the sale of  ± 92.25 acres  located on McQueen Smith Road in Prattville, Alabama.  The property will be developed as a single-family residential subdivision by the Buyer, SMB Land, LLC.  The sales price was $2,557,425.00 ($30,500/ac.) based on ± 83.85 usable acres. 


LEASED – CLASS “B” OFFICE SPACE, MONTGOMERY, AL. AUGUST 15, 2019

John C. Stanley, CCIM has represented East Boulevard Investments, LLC in the lease of 6,021 S.F. of Class “B” office space located at 2637 East Boulevard.  The Lessee is The Gift of Life Foundation, Inc.  The terms of the lease are undisclosed.

SOLD – 31.3 AC., VAUGHN ROAD, MONTGOMERY, AL., JULY 22, 2019

John Stanley, CCIM has represented the Estate of Milton McGregor in the sale of a 31.3 acre parcel located on Vaughn Road.  The property is zoned for residential use.  The sales price was $140,000.00. 


SOLD – MULTIFAMILY PARCEL, WETUMPKA, AL., JUNE 28, 2019

John Stanley, CCIM has represented William R. Welch, et al in the sale of a ± 7.81 acre parcel of land located on U.S. Hwy 231 in Wetumpka, AL.  The Buyer is Nathan Ridge, Ltd.  The property will be developed as a 56 unit senior housing apartment complex.  The sales price was $550,000.00 ($70,425/AC.).