John Stanley, CCIM has represented Montgomery Real Estate Ventures, LLC in the sale of a ± 3,649 S.F. medical office building located at 4749 Berry Blvd., Montgomery, AL.  The Buyer was John K. L. Porter D.O, PC.  The sales price was $505,312.50 ($138.48/S.F.).

John Stanley, CCIM has represented The Estate of Ida Belle Young in the sale of ± 11.78 acres located on East Boulevard, Montgomery, AL.  The property is zoned B-3 (Commercial).  The Buyer was Sun-Beach Investments Co.  The sales price was $370,000.00 ($0.72/S.F.).

John Stanley, CCIM has represented Alabama Trucking Association, Inc. in the sale of a ± 4.98 acre parcel located at 7580 Halcyon Pointe Drive, Montgomery, AL.  The Buyer is HHRE Montgomery I, LLC.  The property will be developed as a professional medical office building.  The sales price was $1,182,257.00 ($5.45/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a ± 1.85 acre parcel located at the corner of Taylor Road and Averiette Drive at Billingsley Place, Commercial Plat No. 1.  The property will be developed as a convenience store/gas facility plus two (2) separate “end-cap” restaurants.  The Buyer was GANAPATI 2024, LLC. The sales price was $1,091,097.00 ($13.50/S.F.).

Lee Meriwether, CCIM recently completed the Sale of  a ± 4,930 S.F. Office Building located at 4130 Wall Street, Montgomery, AL 36106.  The sales price was $320,000.00. The Sellers were Philip and Anne Festoso and the Buyer was T.A.A.M. Holdings, LLC.  

Lee Meriwether, CCIM  recently completed  a long term lease transaction for an ± 11,500 S.F. office/warehouse space located at 584 Oliver Road in Montgomery, AL.  The terms of the lease are undisclosed.  

John Stanley, CCIM has represented Kershaw Manufacturing Company, Inc. in the sale of a ± 1.72 acre parcel located at the corner of Kershaw Industrial Blvd. and Ala. Hwy. 126.  The property is zoned M-1.  The Buyer was David Dennis. The purchase price was $310,000.00 ($4.14/S.F.).