John Stanley, CCIM has transacted a lease between Family Dollar Stores of Alabama, LLC and Selma Retail Property, LLC at a former Rite-Aid (11,060 S.F.) located at 1018 Highland Avenue, Selma, Alabama.  The terms of the lease are undisclosed. 

Lee Meriwether, CCIM has represented Hoover AL Investors, LLC in the purchase of ± 8.0 acres of commercial property located at 2410 Parkway River Road, Hoover, Alabama (NE Corner of Highway 31 and Parkway Lake Drive).  The property will be developed as a first class Assisted Living Facility with Memory Care.  The purchase price for the entire property was $2,600,000.00 ($7.46/S.F.).

Lee Meriwether, CCIM recently represented First Community Bank of Central Alabama in the sale of a ± 1.3 Acre lot fronting Highway 14 in Millbrook, Alabama. The site is adjacent to Rural Urgent Care and will be developed as a Taco Bell – the first in the Millbrook area.  The sales price was $485,000.00. 

Lee Meriwether, CCIM recently represented Cobalt Realty, LLC in a lease transaction with Pou Family Medicine, LLC for ± 3,032 square feet of office space located at 4770 Woodmere Blvd., Suite B in Montgomery, Alabama.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Waffle House, Inc. in the purchase of a 38,247 S.F. lot located on Vaughn Road in Pike Road, Alabama.  The sales price was $235,750.00 ($6.16/S.F.).