John Stanley, CCIM, has represented Marshall/Teel Properties, LLC, in the sale of an office building located at 5911-5925 Monticello Drive, Montgomery, AL. The property consists of a ± 7,891 S.F. office building on a .84 acre parcel. The property is zoned B-2.  The Buyer is T & C Rehab, LLC. The sales price was $560,000.00 ($70.97/S.F.). 

John Stanley, CCIM, has represented RENASANT BANK in leasing ± 7,527 S.F. of Class “A” office space located at 44 Market Plaza, Montgomery, AL. The space will be occupied by Renasant Bank as its new downtown location. The terms of the lease are undisclosed. 

John Stanley, CCIM, has represented The Heritage River Town, LLC in the purchase of a ± 3.0 acre parcel located at RIVER TOWN CENTER, Wetumpka, AL.  The parcel will be developed as a NexGen Fun Park (an indoor play and recreation center for children of all ages).  The sales price was $914,760.00 ($7.00/S.F.).

John Stanley, CCIM, has represented The Heritage River Town, LLC in the purchase of a ± 1.41 acre parcel located at RIVER TOWN CENTER, Wetumpka, AL.  The parcel will be developed as a GOAT Bar and Grill, a modern sports bar.  The sales price was $429,937.00 ($7.00/S.F.).

Lee Meriwether, CCIM, has recently completed the Sale of the former Paulk’s Transmission property located at 1810 Mt. Meigs Road, Montgomery, AL.  The sales price was $120,000.00, which included most of the furniture, fixtures and shop equipment.