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SOLD – 544 CAHABA ROAD, GREENVILLE, AL., FEBRUARY 28, 2019

Nim Frazer, SIOR has represented BB&T in the sale of a ± 22,975 S.F. building located on ± 3.5 acres at 544 Cahaba Road, in Greenville, AL.  The Buyer was Life Line Church, Inc.  The sales price was $400,000.00.


SOLD - OFFICE BUILDING, MONTGOMERY, AL. FEBRUARY 28, 2019

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a     ± 4,178 S.F. office building located at 8325 - 8329 Crossland Loop in Montgomery, Alabama.  The Buyer was Dirt Road Dreamhouse, LLC.  The sales price was $395,000.00 ($94.54/S.F.) representing an 8.25 cap rate. 



SOLD – RETAIL PROPERTY, MONTGOMERY, AL., FEBRUARY 28, 2019

John Stanley, CCIM has represented N & S Property, LLC in the sale of 38 Hunter Lane.  The property consists of a 6,658 S.F. building which is leased to PPG Architectural Finishes, Inc. The Buyer is World Capital Realty, LLC.  The sales price was $300,000.00 ($45.06/S.F.).


SOLD - OFFICE BUILDING, MONTGOMERY, AL. FEBRUARY 25, 2019

John Stanley, CCIM and Lee Meriwether, CCIM have represented J & H Investments, LLC in the sale of a 14,892 S.F. medical office building located at 2601 – 2611 Woodley Park Drive in Montgomery, Alabama. The sale was a “Bargain Sale” of the property to HBCU Alliance Partners.  The sales price and terms of the sale are undisclosed. 


SOLD – RETAIL PROPERTY, ELMORE COUNTY, AL., FEBRUARY 25, 2019

Mark Dauber has represented Redland Grocery, LLC in the purchase of a ± 3.0 acre parcel of land located in Elmore County, Alabama at the intersection of Firetower Road and Redland Road.  The Property will be developed as a food store and gas station facility.   The sales price was $300,564.00 ($2.30/S.F.).