Results


Description of the Article


SOLD – BUSINESS LOT, MONTGOMERY, AL., NOVEMBER 16, 2018

John Stanley, CCIM has represented Randy Merijanian in the sale of a ± 28,125 S.F. lot located on Kessinger Drive, Montgomery, AL.  The name of the Buyer is undisclosed.  The sales price was $140,625.00 ($5.00/S.F.).


SOLD – OFFICE BUILDING, MONTGOMERY, AL. NOVEMBER 14, 2018

Nim Frazer, SIOR has represented Betty H. Dickey in the sale of a 3,300 S.F. office building located at 1160 South Lawrence Street, Montgomery, AL.  The property is zoned O-1.  The Buyer was Thomas and Letitia Watford.  The sales price was $80,000.00.


SOLD – RETAIL PROPERTY, DOWNTOWN MONTGOMERY, AL., NOVEMBER 13, 2018

John Stanley, CCIM has represented Sanctuary Investment Group, LLC in the purchase of a 4,800 S.F. building located at 23 South Court Street, Montgomery, AL.  The Seller was Dexter Avenue Development, LLC.  The building will be renovated for use as a cigar shop and lounge.  The sales price was $278,200.00 ($58.00/S.F.).


LEASED - ± 1,500 S.F. OFFICE SPACE, MONTGOMERY, AL., NOVEMBER 9, 2018

John Stanley, CCIM has represented CFS Properties, LLC in leasing ± 1,500 S.F. of Class “A” office space at 7050 Fain Park Drive.  The tenant is Cornerstone Managing General Agency, Inc.  The terms of the lease are undisclosed.


LEASED – COBBS FORD ROAD, MILLBROOK, AL. NOVEMBER 8, 2018

Lee Meriwether, CCIM recently completed a lease transaction between Gregg Hollon, CPA (Lessor) and John D. Norris, Esq. (Lessee) for ± 1,652 square feet of office space located at 2410 Cobbs Ford Road in Millbrook, Alabama, 36054.  The terms of the lease are undisclosed.