Lee Meriwether, CCIM and John Stanley, CCIM have represented Alabama Home Builders Self Insurers Fund in the leasing of ± 14,287 RSF of Class “A” office space located at Halcyon Pointe II, 7460 Halcyon Pointe Drive, Montgomery, AL. The Tenant is Alabama Department of Transportation (ALDOT). The terms of the lease are undisclosed.

John Stanley, CCIM has represented Cotton Field Place, LLC in the sale of a 72,800 S.F. parcel located at the corner of Atlanta Highway and Halcyon Pointe Dr., Montgomery, AL. The parcel is zoned B-3. The Buyer was POS Properties, LLC. The sales price was $582,400.00 ($8.00/S.F.).

Lee Meriwether, CCIM recently completed a long term Lease for ± 1,817 S.F. of office space located at 4265 Lomac Street in Montgomery, Alabama. The Landlord was James F. Hampton and the Tenant was Helping Hearts Senior Care Services, LLC. The terms of the Lease are undisclosed.

Lee Meriwether, CCIM has recently completed the sale of ±14.64 acres of vacant land along Carmichael Road in Montgomery, Alabama. The Property was zoned B-2 at the time of the Sale. The Sales price was $2,041,049.60 or $3.20/S.F. The Seller was FHM Company, LLLP and the Buyer was UpFront Properties, LLC. The property will be developed as a new car dealership.

Lee Meriwether, CCIM recently completed the sale of ± 1.72 acres of vacant land located along Woods Crossing, just off Carmichael Road in Montgomery, Alabama. The property was zoned B-3 at the time of the sale. The Sales price was $225,000.00 or $3.00/ S.F. The Seller was Paulk Properties, and the Buyer was Factory Town, LLC. The property will be developed with the adjacent property as a new car dealership.