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Description of the Article


SOLD – Vacant Lot, North Memorial Drive, Prattville, AL – November 16, 2013

Lee Meriwether, CCIM recently represented BB&T in the sale of a ± 2.242 Acre vacant lot located on N. Memorial Drive in Prattville, AL. The lot was zoned B-3. The sales price was $66,000.00.



LEASED – 635 EAST BLVD., Montgomery, AL – October 21, 2013

John Stanley, CCIM has represented Courtesy Automotive Group, Inc. in the leasing of a ± 2,050 building plus parking lot at 635 East Blvd. in Montgomery, AL to BFM Transportation, LLC. The property will be used as a Hertz rental car facility beginning December, 2013. The terms of the lease are undisclosed.



SOLD - ± 1.22 AC. Lot, Montgomery, AL– October 8, 2013

Lee Meriwether, CCIM and John Stanley, CCIM have sold a ± 1.22 Ac. lot located on South Jackson Street, Montgomery, AL. The Seller was Walton Hill Properties, LLC and the Buyer was WF-FD Master Lease II, LLC. The property will be developed as a Family Dollar retail store facility. The sales price was $100,000 ($1.88/S.F.).

SOLD – ± 14.24 Ac., Cobbs Ford Rd., Prattville, AL – October 18, 2013

John C. Stanley, CCIM has represented PSB Credit Services, Inc. in the sale of a 14.24 acre parcel of land located on Cobbs Ford Rd., Prattville, AL. The Buyer was Brewbaker Properties, LLC. The sales price for the entire property was $900,000.00.



SOLD – Office Building Montgomery, AL – October 11, 2013

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a 4,900 S.F. office building located at 340 Mendel Parkway West. The name of the Buyer is undisclosed. The sales price was $282,500 ($57.65/S.F.).