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.  

John Stanley, CCIM, has represented Marshall/Teel Properties, LLC, in the sale of an office building located at 5911-5925 Monticello Drive, Montgomery, AL. The property consists of a ± 7,891 S.F. office building on a .84 acre parcel. The property is zoned B-2.  The Buyer is T & C Rehab, LLC. The sales price was $560,000.00 ($70.97/S.F.). 

John Stanley, CCIM and Lee Meriwether, CCIM have represented the Alabama Hospital Association in the sale of a ± 23,100 S.F. office building located at 509 Oliver Road, Montgomery, AL. The property is zoned M-1 and consists of ± 1.66 acres. The Buyer is NLL Real Estate Investments, LLC. The sales price was $650,000.00 ($28.15/S.F.).

Lee Meriwether, CCIM recently completed the sale of a ± 1,652 S.F. office building located at 2410 Cobbs Ford Road, Millbrook, AL. The property is zoned C-2 (General Commercial). The sales price was $231,500.00 or $140.13 per square foot. The Seller was Gregg Hollon and the Buyer was Byrd Property Holdings, LLC.

John Stanley, CCIM has represented Beebe Fredrick, Jr. in the sale of a ± 9,436 S.F. office building located at 624 South Perry Street, Montgomery, AL. The Buyer was River Region United Way. The sales price was $442,500.00 ($45.05/S.F.).

John Stanley, CCIM has represented Georgiana Convenience, LLC in the purchase of a 5,993 S.F. professional office building located at 4751 – 4759 Woodmere Boulevard, Montgomery, AL.  The Seller was Woodmere Properties, LLC.  The sales price was $560,000.00 ($93.45/S.F.).

John Stanley, CCIM has represented NUCO Investments, LLC in the sale of a ±43,130 S.F. office building on ± 6.22 acres located at 4525 Executive Park Drive, Montgomery, AL.  The Buyer was Three Fold Properties II, LLC.  The sales price was $1,900,000.00 ($44.05/S.F.).

Lee Meriwether, CCIM has represented TSG Montgomery, LLC in the sale of a ± 6,787 S.F. office building located at 4216 Carmichael Road, Montgomery, AL 36106.  The three (3) story office building, with no elevator, was sold for $450,000.00 or $66.30/S.F.  The property was zoned B-2 and the building will undergo renovations and converted to a medical office.

John Stanley, CCIM has represented Burl A. Edwards in the sale of a ±1,106 S.F. office building located at 6756 Taylor Circle, Montgomery, AL.  The Buyer was Montgomery Properties 1, LLC.  The sales price was $110,000.00 ($99.50/S.F.).

Lee Meriwether, CCIM has represented WPB&B Associates, LLC in the sale of a ± 51,080 S.F. Office Building located at 3815 Industrial Park Drive, Montgomery, AL 39109.  The Office Building was located on ± 2.08 Acres of land zoned B-4.  The Sales Price was $2,000,000.00.