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Description of the Article


SOLD – ± 52,250 S.F. MINI WAREHOUSE PROPERTY, PRATTVILLE, AL. MARCH 4, 2022

John Stanley, CCIM has represented RPM- UCT, LLC, et al in the purchase of The Storage Barn located at 1795 The Exchange North, Prattville, Alabama.  The Property consists of 448 rental storage units plus exterior parking spaces for RV’s, boats and trailers on ± 5.25 acres.  The total area of the rental storage units is ± 52,250 S.F.  The Seller was Storage Barn, LLC.  The sales price was $6,700,000.00.


SOLD – VACANT BUSINESS LOT, MONTGOMERY, AL. DECEMBER 28, 2021

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.35 Acre vacant commercial lot fronting Chantilly Parkway in Montgomery, AL.  The property is zoned B-2.  The sales price was $400,000.00 ($6.80/S.F.). 


SOLD – ± 25,650 S.F. RETAIL/COMMERCIAL BUILDINGS, MONTGOMERY, AL. DECEMBER 13, 2021

John Stanley, CCIM has transacted the sale of two (2) buildings totaling ±25,650 S.F. on ± 2.75 acres located at 3040 East Boulevard in Montgomery, AL.  The Sellers were Jan S. Hogan and Leah S. Dubberly.  The Buyer was Stivers Realty, LLC.   The sales price was $600,000.00 ($23.40/S.F.).


SOLD – ± 10.03 ACRES, MONTGOMERY, AL. AUGUST 13, 2021

John Stanley, CCIM has represented Cotton Field Place, LLC and A.J. McLemore Development Properties, LLC in the sale of a ± 10.03 acre multifamily property, zoned R-65-M, located on Halcyon Pointe Drive in Montgomery, AL.  The Buyer was Montgomery Senior Housing, LLLP.  The property will be developed in two (2) phases as the Willow Oak Trace Apartments for Seniors.  The sales price was $772,947.76 ($77,063.59/AC.).

LEASED – ± 3,356 S.F. RESTAURANT, MONTGOMERY, AL. AUGUST 1, 2021

John Stanley, CCIM has represented Schilleci Eastchase, LLC in negotiating a new long-term lease with El Taco Shop, Inc. for an expansion of its space to 3,356 S.F. at 3267 Malcolm Drive, in Montgomery, AL. The terms of the Lease are undisclosed.