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. 

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.).

John Stanley, CCIM has represented 9066 Eastchase, LLC in the purchase of an existing Bojangles restaurant located at 9066 Eastchase Parkway.  The property consists of a ± 3,886 S.F. restaurant on a ± 45,944 S.F. lot.   The sales price for the fully equipped restaurant was $1,650,000.00.

Lee Meriwether, CCIM has represented Karla Boles Properties, LLC in a long-term lease for ± 2,525 S.F. of office space located at 1288-A East Main Street in Prattville, AL.  The tenant is Alabama Board of Pardons and Paroles.  The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently represented Parker Properties, LLC in the sale of three (3) separate office buildings, located at 4750, 4754 and 4758 Woodmere Boulevard in Montgomery, Alabama. The square footage of all three (3) buildings was ± 8,000 S.F.  The Buyer was J.C. Federal Properties, LLC.  The sales price was $225,000.00 ($28.13/S.F.).