John C. Stanley, CCIM has represented Auburn University at Montgomery (AUM) in the sublease of 11,193 RSF of Class “A” office space located at 445 Dexter Avenue, in downtown Montgomery. The sublessee is the Alabama Department of Early Childhood Education. The terms of the lease are undisclosed.
John Stanley, CCIM has represented BB&T in the sale of a former branch bank facility located at 1415 Gilmer Avenue, Tallassee, AL. The building is ± 2,722 S.F. located on a ± 1.27 acre lot. The Buyer was MAX Credit Union. The sales price was $295,000.00.
John C. Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing ± 2,225 S.F. of office space located at 6767 Taylor Circle, Montgomery, AL. The tenant is Gardenia Cove Mental Health, PC. The terms of the lease are undisclosed.
Nim Frazer, SIOR has completed the sale of ±2.07 acres of land at 4815 Birmingham, Highway, Montgomery, AL. The property is an undeveloped lot with no improvements. The sales price was $45,000.00. The property will be used for a new business expansion opportunity by the adjacent property owner. The property is zoned M-3.