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Description of the Article


SOLD – CLASS “A” OFFICE BUILDING, MONTGOMERY, AL. MARCH 25, 2024

John Stanley, CCIM has represented W.D. Distributing, LLC (Seraaj Family Homes, Inc.) in the sale of its ± 23,264 S.F. office building located at 400 Cotton Gin Road, Montgomery, AL. The Buyer was Central Alabama Aging Consortium (CAAC). The sales price was $2,000,000.00 ($85.97/S.F.).


LEASED – ± 2,284 RSF, CLASS “A” OFFICE SPACE, MONTGOMERY, AL. FEBRUARY 22, 2024

John Stanley, CCIM has represented Alabama Credit Union Administration (ACUA) in the leasing of ± 2,284 RSF of Class “A” office space located at 100 North Union St., Montgomery, AL. The Lessor is The Retirement Systems of Alabama. The terms of the lease are undisclosed.


SOLD – OFFICE BUILDING, MONTGOMERY, AL. FEBRUARY 1, 2024

John Stanley, CCIM has represented Beebe Fredrick, Jr. in the sale of a ± 9,436 S.F. office building located at 624 South Perry Street, Montgomery, AL. The Buyer was River Region United Way. The sales price was $442,500.00 ($45.05/S.F.).


SOLD – OFFICE LOT, MONTGOMERY, AL. JANUARY 10, 2024

John Stanley, CCIM has represented Seraaj Properties, LLC in the sale of a ± 20,760 S.F. office lot located at 425 Cotton Gin Road, Montgomery, AL.  The Buyer was Raymond Boykin, Jr.  The sales price was $83,040.00 ($4.00/S.F.).


SOLD – OFFICE BUILDING, MONTGOMERY, AL. JANUARY 3, 2024

John Stanley, CCIM has represented Georgiana Convenience, LLC in the purchase of a 5,993 S.F. professional office building located at 4751 – 4759 Woodmere Boulevard, Montgomery, AL.  The Seller was Woodmere Properties, LLC.  The sales price was $560,000.00 ($93.45/S.F.).