John Stanley, CCIM has represented PriMed Physicians, Inc. in leasing 6,800 S.F. of space located at Chantilly Corners, Eastchase Parkway, Montgomery, AL. The space will be remodeled as an Urgent Care Facility to be opened and operational in May, 2014. The terms of the lease are undisclosed.
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.
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.).
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.