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LEASED – OFFICE SPACE, MONTGOMERY, AL. JULY 20, 2020

John Stanley, CCIM has represented Montgomery Real Estate Ventures, LLC in leasing a 3,710 S.F. office building located at 4749 Berry Boulevard, Montgomery, Alabama.  The tenant is Brazils Waxing Center, Inc.  a new company locating in Montgomery.  The terms of the lease are undisclosed.  

SOLD – OFFICE BUILDING, MONTGOMERY, AL., JULY 10, 2020

John Stanley, CCIM has represented Avadian Credit Union in the sale of a ± 2,645 S.F. former branch office located at 2906 Atlanta Highway, Montgomery Alabama.  The buyer was CK Atlanta Hwy, LLC.  The property will be developed as a Circle K gas and convenience store facility.  The sales price was $325,000.00 ($122.87/S.F.).


SOLD – 19 ACRES IN NEW PARK, MONTGOMERY, AL. JULY 8, 2020

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of ± 19 Acres of vacant land located along Park Crossing Drive adjacent to the New Park Subdivision. The property is the first phase of a four (4) phase single family development.  Phase one (1) will be developed as 55 residential homes. The Buyer was SMB Land, LLC. The terms of the sale are undisclosed.


SOLD – ± 2.04 AC. EXTENDED STAY SITE, MONTGOMERY, AL., JUNE 19, 2020

John Stanley, CCIM has represented LG APT AL Montgomery Eastern, LLC in the purchase of a ± 2.04 acre parcel of land located at the corner of Woodmere Blvd. and Haskell Drive, Montgomery, AL. The Seller was Marlunco Investments, LLLP.  The property will be developed as a stayApt Suites, an extended stay hotel.  The sales price was $533,860.74 ($6.00/S.F.).


SOLD – ± 18,995 S.F. OFFICE COMPLEX, PRATTVILLE, AL. JUNE 10, 2020

Lee Meriwether, CCIM has represented Karla Boles Properties, LLC in the sale of a ± 18, 995 square foot office complex composed of four (4) buildings and twelve (12) tenants. The buildings were 100% leased at the time of the sale. The property is located at 1288 – 1300 East Main Street in Prattville, Alabama 36006 and zoned B-2. The sale price was $1,100,000.00 ($57.91/S.F.).