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John Stanley, CCIM has represented Renasant Bank in the sale of a 4.061 acre parcel located at 1355 East Boulevard, Montgomery, AL. The Buyer is Cook Out-Montgomery, Inc. A portion of the property will be developed as a Cook Out Restaurant. The sales price was $525,000.00.
John Stanley, CCIM has represented Breakout Montgomery, LLC in leasing of ± 4,085 S.F. of office building located at 6715 Taylor Court, Montgomery, AL. The terms of the Lease are undisclosed.
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John Stanley, CCIM has represented the Alabama Bankers Association in the sale of its former office building located at 534 Adams Avenue. The Buyer is School Superintendents of Alabama. The sales price was $550,000.00 ($50.08/S.F.).
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John Stanley, CCIM has represented Crossgate, LLC in the lease of ± 1,687 S.F. of office space located at 8341 Crossland Loop, Montgomery, AL. The Tenant is Wellsource Rx, LLC. The terms of the Lease are undisclosed.
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John Stanley, CCIM has represented Cotton Field Place, LLC in the sale of a ±1.49 ac. parcel located at the corner of Atlanta Hwy. (U.S. Hwy. 80) and Arrowhead Dr. South to The Broadway Group, LLC. The sales price was $325,180.00 ($5.00/S.F.). The property will be developed as a Dollar General retail facility.