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Description of the Article


SOLD – Office Building, Montgomery AL– September 30, 2013

John Stanley, CCIM has represented Linda Jackson in the sale of a 4,330 S.F. office building located at 6765 6767 Taylor Circle. The Buyer was Watson & Schendell Properties, LLC. The sales price was $350,000 ($80.83/S.F.).



SOLD – .79 Ac., Ann St., Montgomery, AL – September 24, 2013

John Stanley, CCIM has represented Ann Dees in the sale of a 34,412 S.F. lot located at the corner of Ann St. and Locust St. The Buyer was Speedy Development USA, LP and the lot will be developed as a Speedy Cash loan facility. The property is zoned B-3Q. The sales price was $500,000  ($14.53/S.F.).



LEASED – 7,797 S.F. OFFICE SPACE, Montgomery, AL – September 17, 2013

John Stanley, CCIM has represented Alabama Ag Credit in the sublease of 7,797 rentable S.F. of office space located at Lakeview Center, Montgomery, AL. The sublessor was Metropolitan Life Insurance Company. The terms of the sublease are undisclosed.



SOLD – ± 10.37 Ac., Chantilly Parkway, Montgomery, AL – September 12, 2013

John Stanley, CCIM has represented AP Montgomery, L.L.C. in the purchase of a ± 10.37 acre parcel of land located on Chantilly Parkway, just off I-85 at Exit 11. The property will be developed as a 13- screen Carmike Cinemas. The Seller was Trum, L.L.C. The sales price was $1,845,795 ($4.10/S.F.).

SOLD – ± 25 Acres, Millbrook, AL – September 12, 2013

Lee Meriwether, CCIM recently represented Aliant Bank in the sale of a ± 25 Acre parcel of land zoned Multifamily located in Millbrook Alabama. About half of the property was located in a wetlands area. The Buyer was Inscoe Properties, LLC. The sales price was $200,000.00.