Lee Meriwether, CCIM and John Stanley, CCIM have sold ± 18.17 acres located on Park Crossing at New Park. The property will be developed as Phase III of the Jubilee subdivision. The Seller was New Park Development Company, LLC and the Buyer is JSL Partners, LLC. The Sales price was $454,250.00 ($25,000.00/AC.).

John Stanley, CCIM has represented Cotton Field Place, LLC in the sale of a 72,800 S.F. parcel located at the corner of Atlanta Highway and Halcyon Pointe Dr., Montgomery, AL. The parcel is zoned B-3. The Buyer was POS Properties, LLC. The sales price was $582,400.00 ($8.00/S.F.).

Lee Meriwether, CCIM has recently completed the sale of ±14.64 acres of vacant land along Carmichael Road in Montgomery, Alabama. The Property was zoned B-2 at the time of the Sale. The Sales price was $2,041,049.60 or $3.20/S.F. The Seller was FHM Company, LLLP and the Buyer was UpFront Properties, LLC. The property will be developed as a new car dealership.

Lee Meriwether, CCIM recently completed the sale of ± 1.72 acres of vacant land located along Woods Crossing, just off Carmichael Road in Montgomery, Alabama. The property was zoned B-3 at the time of the sale. The Sales price was $225,000.00 or $3.00/ S.F. The Seller was Paulk Properties, and the Buyer was Factory Town, LLC. The property will be developed with the adjacent property as a new car dealership.

John Stanley, CCIM has represented Katherine L. Nichols and Laura A. Lanier in the sale of a ± 6.26 acre parcel located at 424 Old Farm Lane, Prattville, AL. The Property will be developed as sites for two (2) hotel developments. The Buyer was PHOTA II-PG OZ Prattville, LLC. The sales price was $2,000,000.00 ($7.33/S.F.).