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LEASED – CLASS “A” OFFICE SPACE, MONTGOMERY, AL. JUNE 27, 2019

John C. Stanley, CCIM has represented Auburn University at Montgomery (AUM) in the sublease of 11,193 RSF of Class “A” office space located at 445 Dexter Avenue, in downtown Montgomery.  The sublessee is the Alabama Department of Early Childhood Education.  The terms of the lease are undisclosed.


LEASED – OFFICE SPACE, MONTGOMERY, AL. MAY 28, 2019

John C. Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing     ± 2,225 S.F. of office space located at 6767 Taylor Circle, Montgomery, AL.  The tenant is Gardenia Cove Mental Health, PC.  The terms of the lease are undisclosed.


SOLD - OFFICE BUILDING, MONTGOMERY, AL. FEBRUARY 28, 2019

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a     ± 4,178 S.F. office building located at 8325 - 8329 Crossland Loop in Montgomery, Alabama.  The Buyer was Dirt Road Dreamhouse, LLC.  The sales price was $395,000.00 ($94.54/S.F.) representing an 8.25 cap rate. 



SOLD - OFFICE BUILDING, MONTGOMERY, AL. FEBRUARY 25, 2019

John Stanley, CCIM and Lee Meriwether, CCIM have represented J & H Investments, LLC in the sale of a 14,892 S.F. medical office building located at 2601 – 2611 Woodley Park Drive in Montgomery, Alabama. The sale was a “Bargain Sale” of the property to HBCU Alliance Partners.  The sales price and terms of the sale are undisclosed. 


LEASED - 1288-A EAST MAIN STREET, PRATTVILLE, AL. FEBRUARY 8, 2019

Lee Meriwether, CCIM has represented Karla Boles Properties, LLC in a long-term lease for ± 2,525 S.F. of office space located at 1288-A East Main Street in Prattville, AL.  The tenant is Alabama Board of Pardons and Paroles.  The terms of the lease are undisclosed.