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SOLD – RETAIL PROPERTY, MONTGOMERY, AL – August 28, 2015

John Stanley, CCIM has represented DuBose-Gaston, LLC in the sale of an existing retail property located at 7813 Vaughn Road, Montgomery, AL.  The property consists of a ± 3,592 S.F. building situated on a ± 16,194 S.F. lot zoned B-3. The Buyer is Sanctuary Investment Group, LLC.  The sales price was $375,000.00 ($104.40/S.F.).

SOLD – OFFICE BUILDING, MONTGOMERY, AL – August 24, 2015

John Stanley, CCIM has represented the Owner in the sale of an existing office building located at 1100 Emory Folmar Blvd., Montgomery, AL.  The building consists of ± 11,075 S.F. located on ± 1.97 acres.  The Buyer is Cook’s Properties, LLC.  The sales price was $545,000 ($49.21/S.F.).

LEASED – ± 4,593 RSF, OFFICE SPACE, MONTGOMERY, AL –August 17, 2015

John Stanley, CCIM has represented CP Properties, LLC in leasing ± 4,593 RSF of office space located at 6925 Halcyon Park Dr., Montgomery, AL.  The tenant is an investment banking firm.  The terms of the lease are undisclosed.

SOLD – APARTMENT COMPLEX, MONTGOMERY, AL – August 7, 2015

John Stanley, CCIM has represented FP-VG1, LLC and FP-VG2, LLC in the sale of the Village Green Apartments located at 101 So. Burbank Dr., Montgomery, AL.  The property consists of 337 multi-family units on 27.25 acres of land.  The Seller was Village Green, LLC.  The sales price was $11,275,000.00 ($33,450/unit).

SOLD – ± 24 ACRES, LEE COUNTY, ALABAMA- JULY 31, 2015

Lee Meriwether, CCIM currently represented the Alabama Department of Transportation in the purchase of ± 24 Acres located along Hwy 280 in Lee County, Alabama.  The terms of the sale are undisclosed.