Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.63 Acre commercial lot located at the corner of Chantilly Parkway and Chantilly Parkway Place in Pike Road, Alabama. The Sales price was $639,666.00 or $9.00/S.F. The property is zoned B-2. The Seller was Pelham, et al and the Buyer was Marion Community Bank. The Site will be developed as Marion Community Bank’s first location in Pike Road, Alabama.

John Stanley, CCIM has represented Southern Orthopaedic Surgeons, LLC in the leasing of ± 2,800 S.F. of medical office space located in Chase Corner at Taylor Road and I-85. The Landlord is Chase Corner, LLC. The terms of the lease are undisclosed.

John Stanley, CCIM has represented Sara B. Beasley in the sale of two (2) contiguous properties located at 3851 Interstate Ct. and 3808 Elmdale Rd. in Montgomery, AL. Both properties were formerly occupied by Pickwick Antiques located on a ± 41,815 S.F. lot and zoned B-2. The primary building located at 3851 Interstate Ct. is ± 7,424 S.F. A secondary building located at 3808 Elmdale Rd. is ±1,608 S.F. The Buyer was Georgiana Convenience, LLC. The sales price was $625,000.00.

John Stanley, CCIM has represented the Alabama Department of Archives and History in the purchase of a ± 17,520 S.F. office building located at 660 Adams Avenue, Montgomery, AL. The property consists of .73 acres. The sales price was $1,400,000.00 ($79.90/S.F.).

Lee Meriwether, CCIM has recently completed the sale of 350 No. McDonough Street and 314 Columbus Street in Montgomery, Alabama, which has been the former location of Tucker Pecan Company, since the 1950’s. The Seller was CMT Enterprises, LLC and the Buyer was Equal Justice Initiative. The Sales price was $425,000.00