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Description of the Article


SOLD – OFFICE/WAREHOUSE, MONTGOMERY, AL. DECEMBER 15, 2020

John Stanley, CCIM has represented 3P Properties, LLC in the sale of a ±7,125 S.F. office/ warehouse building located at 350 East Mendel Parkway, Montgomery, AL.  The building consists of ± 1,380 S.F. of office space and ± 5,745 S.F. of warehouse space.  The Buyer was GridOps, LLC.  The sales price was $295,000.00 ($41.40/S.F.)

LEASED – ± 4,200 S.F., SHOPS AT PIKE ROAD, PIKE ROAD, AL. DECEMBER 15, 2020

John Stanley, CCIM has represented Jackson Hospital & Clinic, Inc. in leasing ± 4,200 S.F. of space at Shops at Pike Road (Publix Shopping Center) for use as an urgent care facility. The Lessor is Shops at Pike Road, LLC.  The terms of the lease are undisclosed.  

LEASED – CLASS “A” OFFICE SPACE, HALCYON POINTE, MONTGOMERY, AL. DECEMBER 7, 2020

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

SOLD – HISTORIC LOMAX MANSION, MONTGOMERY, AL. NOVEMBER 24, 2020

Mark Dauber has represented Lomax, LLC in the sale of the Lomax Mansion, Circa 1848, located at 235 So. Court Street in Montgomery, AL.  The Property is zoned T-5 (office / live-work) and consists of a ± 8,500 S.F. building located on a ± 25,480 S.F. lot.  The sales price was $525,000.00.  The name of the Buyer is undisclosed.


SOLD – RETAIL / WAREHOUSE BUILDING, MONTGOMERY, AL. NOVEMBER 20, 2020

John Stanley, CCIM has represented Truist Bank in the sale of a 5,850 S.F. retail / warehouse property located at 1851 Mount Meigs Road, Montgomery, AL.  The Buyer is Keystone International Investments, LLC.  The sales price was $112,350.00 ($19.24/S.F.)