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Description of the Article


SOLD – ± 198.68 ACRES, RAY THORINGTON ROAD, MONTGOMERY, AL. SEPTEMBER 4, 2020

John Stanley, CCIM and Lee Meriwether, CCIM have transacted the sale of ± 198.68 acres located on Ray Thorington Road, Montgomery, AL.  The Seller was Raymond Boykin Family Partnership, L.P. and the Buyer was Sidhu Farms, LLC. The sales price was $1,192,080.00 ($6,000/AC.).


LEASED – MEDICAL OFFICE SPACE, MONTGOMERY, AL. AUGUST 31, 2020

John Stanley, CCIM has represented Medical Properties East, LLC in leasing ±3,100 S.F. of medical office space located at 239 Mitylene Park Dr., Montgomery, Alabama.  The tenant is Renal Associates of Alabama, LLC.  The terms of the lease are undisclosed. 


SOLD - OFFICE / WAREHOUSE, MONTGOMERY, AL. AUGUST 11, 2020

Mark Dauber has represented P & B, LLC in the sale of a ± 8,750 S.F. office / warehouse property located at 601 E. Jefferson Street, Montgomery, AL.  The Buyer was Jeffrey Dunn.  The sales price was $297,000.00 ($33.95 / S.F.).


SOLD – ± 1.8 ACRE PARCEL, EASTCHASE PARKWAY, MONTGOMERY, AL. AUGUST 6, 2020

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a ± 1.8 acre parcel (58,332 usable S.F.) located at 8565 Eastchase Parkway, Montgomery, AL.  The Buyer was Halle Properties, LLC and the use will be a Discount Tire facility.  The sales price was $900,000.00 which represents $15.43/usable S.F.


SOLD – ± 23.8 ACRES, McQUEEN SMITH ROAD, PRATTVILLE, AL. AUGUST 3, 2020

Lee Meriwether, CCIM and John Stanley, CCIM have transacted the sale of ± 23.8 acres located on McQueen Smith Road, Prattville, AL.  The Seller was HD&D Land, LLC.  The Buyer was Centerpoint Fellowship Church, Inc. The sales price was $1,127,000.00 ($47,353/AC.).