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Description of the Article


SOLD – 2460 EAST FIFTH STREET, MONTGOMERY, AL. OCTOBER 21, 2019

Lee Meriwether, CCIM recently represented Alabama Power Company in the sale of an industrial property located at 2460 East Fifth Street in Montgomery, Alabama.  The property consists of ± 7 acres of land, ± 42,500 S.F. of buildings and a One and a half-ton crane.  The property was zoned M-1.  The sales price was $500,000.00.  The Buyer was JMP Enterprises, Inc.

SOLD – FORMER BRANCH BANK, MILLBROOK, AL., OCTOBER 17, 2019

John Stanley, CCIM has represented Branch Banking and Trust Company in the sale of a former branch bank located at 3390 AL. Hwy. 14 in Millbrook, Alabama.  The building consists of ± 5,679 S.F. and the lot is ± 1.55 AC.  The property is zoned C-1 (Commercial).  The sales price was $504,000.00.


LEASED – OFFICE SPACE, CAPITOL COMMERCE CENTER, MONTGOMERY, AL. OCTOBER 7, 2019

John Stanley, CCIM has represented Colonial Property, LLC in leasing ± 65,144 RSF of office space located at Capitol Commerce Center, Montgomery, AL.  The tenant is the State of Alabama Bureau of Pardons and Paroles.  The terms of the lease are undisclosed.


LEASED – OFFICE SPACE, MONTGOMERY, AL. OCTOBER 3, 201

John Stanley, CCIM has represented R & W Developers, LLC in leasing ± 2,648 S.F. of office space located at 5923 Monticello Drive.  The tenant is Fyzical of Montgomery, LLC.  The terms of the lease are undisclosed.

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.