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SOLD - TWO MEDICAL OFFICE LOTS, MONTGOMERY, AL – March 30, 2015

John Stanley, CCIM has represented Mitylene Development, Inc. in the sale of two (2) office lots located on Mitylene Park Lane, Montgomery, AL. Both lots will be developed as a 8,098 S.F. medical office facility by Dr. Ashley McIntyre, D/B/A East Montgomery Family Medicine. The sales price was $269,435.30 ($7.25/S.F.).

SOLD – 5.61 AC., SOUTH ARROWHEAD DR., MONTGOMERY, AL – March 19, 2015

John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a 5.61 acre parcel located on South Arrowhead Dr., off Atlanta Hwy.  The property is zoned B-3. The sales price was $370,000 ($1.51/S.F.). The name of the Buyer is undisclosed.



SOLD – 4117 TROY HWY, MONTGOMERY, AL – March 17, 2015

Mark Dauber has represented WH Capital, LLC in the sale of a former Waffle House located at 4117 Troy Hwy.  The sales price was $75,000.00.  The name of the Buyer is undisclosed.



SOLD – .93 AC., FAIN PARK, MONTGOMERY, AL – March 16, 2015

John Stanley, CCIM has represented William T. Fain in the sale of a .93 acre parcel of land located adjacent to Park Place Center and off Minnie Brown Road.  The sales price for the unplatted parcel was $20,000.00.  The buyer was Park Place Center, Ltd.



LEASED – ± 3,394 S.F., OFFICE SPACE, MONTGOMERY, AL – March 3, 2015

Lee Meriwether, CCIM has represented U.S. AmeriBank in the lease of ± 3,394 S.F. of office space located at 2740 Zelda Road, Montgomery, AL. The tenant is the Assisted Living Association of Alabama, Inc. The terms of the lease are undisclosed.