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Description of the Article


SOLD – CAR WASH, PRATTVILLE, AL – November 17, 2015

John Stanley, CCIM and Lee Meriwether, CCIM have represented CSB Alabama CRE Holdings, LLC in the sale of an operating self-service car wash facility (Tidal Wave Car Wash) located at 1850 Alabama Hwy. 14, Prattville, AL.  The name of the Buyer is undisclosed.  The sales price was $375,000.00.

SOLD – EAST BOULEVARD, MONTGOMERY, ALABAMA- Nov. 2, 2015

Lee Meriwether, CCIM recently represented Apple of North Alabama, Inc. in the sale of a ±1.6 Acre vacant lot located on East Boulevard between Lowes and Home Depot.  The property is zoned B-3 and the sales price was $375,000.00.

SOLD – INVESTMENT PROPERTY, Montgomery, AL – Oct. 29, 2015

John Stanley, CCIM has represented Sunset Properties, Inc. in the sale of an investment property located at 941-969 Lagoon Business Loop, Montgomery, AL.  The property consists of an 11,798 S.F. office/warehouse building on a 36,004 S.F. lot.  The sales price was $250,000.00.  The Buyer is Capital Real Estate Holdings, LLC.

SOLD - MONTGOMERY, AL - OCTOBER 27, 2015

Lee Meriwether, CCIM recently represented DLR Associates, LLC, on the purchase of a ±25,600 square foot vacant lot located on Carter Hill Road.  The Seller was Vaughn H. Robinson Trust.  The sales price was $155,000.00.  The property is zoned B-4 and will be developed as a Goo Goo Car Wash.

LEASED – 14,535 RSF, CAPITOL COMMERCE CENTER, MONTGOMERY, AL – OCTOBER 27, 2015

John Stanley, CCIM AND Lee Meriwether, CCIM have represented Montgomery Colonial Property, LLC in leasing an additional 14,535 RSF of office space at Capitol Commerce Center to HP Enterprise Services, LLC.  The terms of the Lease are undisclosed.