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Description of the Article


SOLD - ± 98.77 AC., PRATTVILLE, AL. APRIL 30, 2018

Lee Meriwether, CCIM and, John Stanley, CCIM sold ± 98.77 acres located in the Glennbrooke Subdivision in Prattville, AL.  The Seller was Greenacres, LLC and Greenacres II, LLC and the Buyer is SMB Land, LLC. The sales price was $1,040,000.00 ($25,000.00 / usable acre). 

SOLD - ± 37,500 S.F. LOT, NORTH EAST BLVD., MONTGOMERY, AL. APRIL 13, 2018

John Stanley, CCIM has represented Montgomery East, Inc. in the sale of a ± 37,500 S.F. lot located on North East Boulevard, Montgomery, AL.  The Buyer is Premier Holdings, LLC.  The property will be developed as a Popeye’s Restaurant. The sales price was $362,500.00 ($9.67/S.F.). 


LEASED - ± 2,560 S.F. OFFICE SPACE, MONTGOMERY, AL. APRIL 4, 2018

John Stanley, CCIM has represented Dr. Michael LeGrand in leasing ± 2,560 S.F. of office space located at 8326 Crossland Loop.  The tenant is Varicosity Vein Center.  The terms of the lease are undisclosed.

SOLD - RETAIL PROPERTY, PRATTVILLE, AL. MARCH 15, 2018

Mark Dauber has represented Robert S. Kohn in the sale of a ± 7,225 S.F. retail building on ± 2.0 acres located at 1377 Highway 31 North, Prattville, AL.  The sales price was $350,000.00. The name of the Buyer is undisclosed. 

SOLD - ± 6.74 AC., AIR BASE BLVD., MONTGOMERY, AL. MARCH 9, 2018

John Stanley, CCIM has represented MereSam, LLC in the purchase of a ± 6.74 ac. lot located on Air Base Boulevard, Montgomery, AL.  The lot is specifically located in the Montgomery Industrial Terminal.  The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery. The sales price was $67,400.00 ($10,000/AC.).