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Description of the Article


SOLD – MONTGOMERY, AL – MARCH 28, 2016

Lee Meriwether, CCIM recently represented Jeremiah Henderson, et al, on the sale of a ±3.32 acre vacant lot located at 116 Techna Center Drive.  The Property is zoned 0-2. The Buyer was Alabama Municipal Electric Authority.  The sales price was $200,000.00.

SOLD – OFFICE LOT, MONTGOMERY, AL – MARCH 17, 2016

John Stanley, CCIM has represented HCE, LLC in the purchase of a 28,452 S.F. office lot located on Berry Chase Place, Montgomery, Alabama.  The sales price was $142,260.00 ($5.00/S.F.).

SOLD – MONTGOMERY, AL – MARCH 15, 2016

Lee Meriwether, CCIM recently represented DLR Associates, LLC on the purchase of a ± 8,360 S.F. vacant lot located on Carter Hill Road.  The Buyer was 2911 CHR, LLC. The sales price was $140,000.00.  The property will be developed as a Goo Goo Car Wash.

LEASED - ± 41,150 S.F. – RETAIL SPACE, MONTGOMERY, AL – MARCH 14, 2016

Lee Meriwether, CCIM recently represented Cobalt Realty, LLC in a lease of ± 41,150 S.F. of retail space located at 2340 E. South Boulevard in Montgomery, Alabama.  The tenant is Friendship Mission, Inc. and the space will be used as a thrift store.  The terms of the lease are undisclosed.

LEASED - ± 2,225 S.F. – OFFICE, MONTGOMERY, AL – FEBRUARY 24, 2016

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing ± 2,225 S.F. of office space located at 6767 Taylor Circle, Montgomery, Alabama.  The tenant is Statewide Healthcare Services, LLC.  The terms of the lease are undisclosed.