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Description of the Article


SOLD – OFFICE BUILDING, MONTGOMERY, AL.– SEPTEMBER 29, 2016

Nim Frazer, SIOR has represented AIMS PROPERTIES, LLC in the sale of a 21,315 S.F. “Class A” office building on 4.0 acres of land located at 101 Technacenter Drive, Montgomery, AL.  The Buyer is ALABAMA WORKERS COMPENSATION SELF INSURANCE FUND.  The sales price was $2,150,000.00 ($100.87 / S.F.).

SOLD – 36 TOWNHOME LOTS, MONTGOMERY, AL.– SEPTEMBER 23, 2016

John C. Stanley, CCIM has represented Synovus Bank in the sale of 36 townhome lots in the Lockwood Subdivision, Narrow Lane Road, Montgomery, AL.  The Buyer was Davis Land Holdings, LLC.  The sales price was $185,000.00 ($5,140 / Lot).

LEASED – ±12,839 RSF, OFFICE SPACE, MONTGOMERY, AL – SEPTEMBER 20, 2016

John Stanley, CCIM has represented Synovus Bank in the renewal of its lease for ± 12,839 RSF at Sterling Centre, 4121 Carmichael Road, Montgomery, AL.  The terms of the lease are undisclosed.

SOLD – ± 39,125 S.F. LOT, BOYD COOPER PARKWAY, MONTGOMERY, AL. – SEPTEMBER 19, 2016

John C. Stanley, CCIM has represented Boyd Investments, LLC in the sale of a ± 39,125 S.F. lot located on Boyd Cooper Parkway, Montgomery, AL.  The Buyer is E B Properties, LLC.  The sales price was $285,000.00 ($7.28 / S.F.).



LEASED - ± 2,200 S.F. – RETAIL SPACE, MONTGOMERY, AL – AUGUST 26, 2016

John Stanley, CCIM has represented Schilleci Eastchase, LLC in leasing ± 2,200 S.F. at 3251 Malcolm Drive to The Athena Group, LLC (dba:  Huntington Learning Centers).  The terms of the lease are undisclosed.