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Description of the Article


SOLD – 405 East Blvd. Montgomery, AL – December 27, 2013

John Stanley, CCIM has represented Synovus Bank in the sale of a former car and truck dealership property located at 405 East Blvd., Montgomery, AL. The property consists of a ± 39,864 S.F. building on ± 7.39 acres and is zoned B-3. The Buyer was Pavilion Investment Company, LLC. The sales price was $720,000.



SOLD – 3351 Atlanta Hwy., Montgomery, AL – December 23, 2013

John Stanley, CCIM has represented J. B. Properties - Atlanta Hwy., LLC in the sale of a ± 1,240 S.F. retail building located at 3351 Atlanta Hwy., Montgomery, AL. The Buyer was J. Simmons Leasing, LLC. The property is zoned B-2. The sales price was $80,000.



SOLD – 6.17 Ac. Lot, Montgomery,AL– December 20, 2013

John C. Stanley, CCIM has represented the Mae Etta Little Trust in the sale of a 6.17 acre lot located adjacent to the Henley Hedge Subdivision off Bell Road, Montgomery, AL. The lot is zoned Agr.-1. The sales price was $330,000 ($53,485/Ac.).



LEASED –8,442 S.F. OFFICE BUILDING., Montgomery, AL – December 16, 2013

John Stanley, CCIM has represented Southern Orthopedic Properties, L.L.C. in leasing its former office space located at 488 St. Lukes Drive, Montgomery, AL. The property consists of a 8,442 S.F. medical office building. The tenant will be Center For Pain of Montgomery, P.C. The terms and conditions of the lease are undisclosed.



SOLD – 1.35 Ac. Lot, Chantilly Pkwy., Montgomery, AL – December 16, 2013

Lee Meriwether, CCIM and John Stanley, CCIM have represented Boyd Investments, LLC in the sale of a 1.35 Ac. lot located on Chantilly Parkway, Montgomery, AL, adjacent to the Pub Restaurant. The Buyer was Gipson Enterprises, L.L.C. for the development of a Gipson Auto Tire Service facility. The sales price was $450,000.00 ($7.65/S.F.).