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SOLD - DOWNTOWN PROPERTIES, MONTGOMERY, AL. MAY 25, 2018

Mark Dauber has represented John Tampa, D/B/A Montgomery Water Works, LLC, in the purchase of 22 Bibb Street known as the historic Murphy House (± 14,400 S.F.) and 116 Coosa Street (± 56,000 S.F.).  The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery.  The sales price was $2,400,000.00.  Both properties will soon be renovated as a five-star “boutique hotel” and “destination restaurant”. 

SOLD - ± 1.34 AC. LOT, MILLBROOK AL. MAY 17, 2018

Lee Meriwether, CCIM recently completed the sale of a ± 1.34 Acre commercial lot located along South Edgewood Drive in Millbrook, AL.   The lot was zoned C-2.  The sales price was $40,000.00

LEASED - ± 4,745 S.F. OFFICE SPACE, MONTGOMERY, AL., MAY 11, 2018

John Stanley, CCIM has represented Alabama Home Builder’s Self Insurers Fund in leasing ± 4,745 S.F. of Class “A” office space at Halcyon Pointe I, 7515 Halcyon Summit Drive.  The tenant is Alabama Tax Tribunal.  The terms of the lease are undisclosed.


SOLD - OFFICE / WAREHOUSE PROPERTY, MONTGOMERY, AL. MAY 7, 2018

John Stanley, CCIM has represented Paul J. Spina, Jr. in the sale of an office / warehouse building located at 1064 Monticello Park.  The building contains ± 4,954 S.F. of office space and ± 1,500 S.F. of warehouse space.  The Buyer is Auburn Pride Properties, LLC.  The sales price was $300,000.00 ($46.48/S.F.). 

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).