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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.
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.
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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.
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.
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Lee Meriwether, CCIM represented Premier Holdings, LLC in a long term ground lease located on the Atlanta Highway in a development called Perry Hill Crossing that is currently under development. The site will be developed as a Burger King restaurant. The terms of the lease are undisclosed.