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SOLD – Shopping Center, Greenville, AL– February 28, 2014

John Stanley, CCIM has represented Cadles Butler Plaza, LLC in the sale of a 90,342 S.F. Shopping Center located on Al. Hwy 245 Bypass, Greenville, AL. The Buyer was Chen's First Property, LLC. The sales price was $1,550,000 at a 12.6 cap rate.

SOLD – Retail Building, Montgomery, AL– December 30, 2013

John Stanley, CCIM has represented WASCO Properties in the sale of the former Ethan Allen furniture building located at 3300 East Blvd., Montgomery, AL. The property consists of a ± 10,956 S.F. building located on ± 1.21 acres and is zoned B-3. The Buyer was Mims Property Management Group, LLC and the sales price was $320,000 ($29.21/S.F.).

SOLD – 3351 Atlanta Hwy., Montgomery, AL – December 23, 2013

John Stanley, CCIM has represented J. B. Properties - Atlanta Hwy., LLC in the sale of a ± 1,240 S.F. retail building located at 3351 Atlanta Hwy., Montgomery, AL. The Buyer was J. Simmons Leasing, LLC. The property is zoned B-2. The sales price was $80,000.

SOLD - ± 1.22 AC. Lot, Montgomery, AL– October 8, 2013

Lee Meriwether, CCIM and John Stanley, CCIM have sold a ± 1.22 Ac. lot located on South Jackson Street, Montgomery, AL. The Seller was Walton Hill Properties, LLC and the Buyer was WF-FD Master Lease II, LLC. The property will be developed as a Family Dollar retail store facility. The sales price was $100,000 ($1.88/S.F.).

LEASED – 1,500 S.F. RETAIL SPACE, Montgomery, AL – September 3, 2013

Lee Meriwether, CCIM recently represented Looking Good, LLC in a lease transaction for ± 1,500 S.F. of retail space located at 7960 Atlanta Hwy. The terms of the lease are undisclosed.