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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.).
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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.
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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.).
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John Stanley, CCIM has represented the Alabama Banker’s Association in leasing ± 8,795 RSF of Class A office space in the RSA Dexter Avenue Building, 445 Dexter Ave., Montgomery, AL. The terms of the lease are undisclosed.
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Lee Meriwether, CCIM has recently represented Sykes Enterprises, Inc. in the negotiation of a long term lease for ± 48,181 S.F of Class A office space located at 201 Technacenter Drive. The space will be used for a new call center and could employ up to 500 new jobs in Montgomery. The terms of the lease are undisclosed.
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