Description of the Article
John Stanley, CCIM has represented Healthstone Properties Montgomery, LLC in the sale of a ± 15,098 S.F. office complex situated on ± 3.56 acres located at 2629-2641 East Blvd. The Buyer is East Boulevard Investments, LLC. The sales price was $650,000.00 ($43.05/S.F.).
John Stanley, CCIM has represented 303 Samford Avenue, LLC, in the sale of a 3,275 S.F. office building located at 504 South Perry Street in Montgomery, AL. The Buyer is Alexander Shunnarah, LLC. The sales price was $312,500.00 ($95.42/S.F.).
John Stanley, CCIM has represented HCS Properties, LLC in the leasing of ± 12,870 S.F. of office space located at 1241 Carwood Court, Montgomery, AL. The tenant is Wind Creek Hospitality. The terms of the lease are undisclosed.
John Stanley, CCIM has represented The Alabama Workers Compensation Self Insurance Fund in the sale of a 12,088 S.F. office building located at 4217 Lomac Street. The Buyer is Alabama State Employees Credit Union (ASECU) which will use the property as its headquarters, administration office and data center. The sales price was $900,000.00 ($74.45/S.F.).
Lee Meriwether, CCIM recently completed the sale of a ± 1,794 S.F. office building located at 611 S. Lawrence Street, Montgomery, Alabama 36104. The property was zoned T-4- R (smart code). The Seller was Jeffrey K. Eng and the Buyer was Terrence Joseph Willis. The sales price was $70,000.00.