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Description of the Article


SOLD - 321 NO. LAWRENCE ST., MONTGOMERY, AL. JULY 12, 2017

John Stanley, CCIM has represented the Montgomery Area Council on Aging (MACOA) with the purchase of the property located at 321 No. Lawrence St.   The site consists of 16,117 S.F. and is zoned Smart Code.  The existing structure will eventually be demolished by MACOA.  The sales price was $140,000.00 ($8.68/S.F.).

SOLD - ± 1.30 AC. LOT, EASTCHASE PARKWAY, MONTGOMERY, AL. JULY 17, 2017

John Stanley, CCIM has represented Milo’s RE II – Montgomery Eastchase, LLC in the sale of a ± 1.30 acre lot located at 8739 Eastchase Parkway, Montgomery, AL.   The usable S.F. of the lot is 43,107 S.F.  The Buyer is DLC Properties, LLC.  The sales price was $560,000.00 ($13.00/usable S.F.).


SOLD - ±1.02 AC. COMMERCIAL LOT, PRATTVILLE, AL. JULY 10, 2017

Lee Meriwether, CCIM has represented Horace W. Powell in the sale of a ± 1.02 acre commercial lot (Lot A) located in Prattville Business Park.  The name of the Buyer is Trampoline, LLC.  The Lot was Zoned B-2 and the sales price was $177,724.80 ($4.00/S.F.).


LEASED - ± 1,540 RSF, OFFICE SPACE, MONTGOMERY, AL. JULY 5, 2017

John Stanley, CCIM has represented C P Properties, LLC in the leasing ± 1,540 RSF of office space located at 6925 Halcyon Park Dr., Montgomery, AL.  The tenant is Legacy New Homes, LLC.  The terms of the lease are undisclosed.


SOLD - ±7.71 AC., PIKE ROAD, AL. JUNE 29, 2017

John Stanley, CCIM has represented MTD Holdings, LLC in the sale of a     ± 7.71 acre parcel located at the corner of I-85 (Exit 16) and U.S. Hwy. 80 in Pike Road, AL.  The property is zoned B-2.  The Buyer is Freedom Transport, Inc.  The sales price was $1,875,000.00 ($5.58/S.F.).