John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 14,751 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The tenant is Palomar Insurance Corporation.  The terms of the lease are undisclosed.

Lee Meriwether, CCIM has recently represented J&W WGT Company, LLC in the sale of ± 10 acres located along Park Crossing in the New Park Development.  The Buyer was Montgomery Housing LLLP and the Property will be developed as an apartment community.  The Buyer paid to extend sanitary sewer to the site. The Sales Price is undisclosed.

John Stanley, CCIM has represented the Raymond Boykin Family Partnership, et al in the sale of  ± 342.44 acres located on Ray Thorington Road, Montgomery, AL.  The property is zoned for single family and multifamily use.  The Purchaser is Heritage Homes Development, Inc. The sales price was $2,800,000.00 ($8,176.61/AC.).

Lee Meriwether, CCIM has recently represented Laxmi Vishnu, LLC in the sale of ± 1.61 Acres located on Interstate Commercial Park Loop in Prattville, AL.  The Buyer was Blue Ocean Real Estate Holdings, LLC.  The Property will be developed as a Hotel.  The Sales Price was $680,000.00 or $9.71/S.F.

John Stanley, CCIM has represented HD & D Land Company, LLC in the sale of a ± 14.65 acre parcel, zoned B-2, located at the corner of McQueen Smith Road and Major Avenue, Prattville, Alabama.  The purchaser is POS Properties, LLC.  The sales price was $1,771,250.00 ($2.78/S.F.).

John Stanley, CCIM has represented HD & D Land Company, LLC in the sale of a  ± 1.67 acre outparcel, zoned B-2, located at the corner of McQueen Smith Road and Major Avenue, Prattville, Alabama.  The purchaser is POS Properties, LLC.  The sales price was $728,750.00 ($10.00/S.F.).

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in the sale of ± 15 acres located at the intersection of Coosa River Parkway and Gossum Switch Road, Wetumpka, Alabama.  The property is zoned B-2 (Commercial).  The buyer was Montgomery Properties 1, LLC. The sales price was $550,000.00 ($36,667/AC.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 3,852 RSF of Class “A” office space located at Halcyon Pointe I, 7515 Halcyon Summit Drive, Montgomery, AL.  The tenant is Federal Deposit Insurance Corporation.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Rural Holdings, LLC in the sale of a ± 35,502 S.F. office lot located at the corner of Averett Drive and Kessinger Drive in Montgomery, AL. The Buyer was Hazrat Omar Islamic Center, Inc. The sales price was $142,008.00 ($4.00/S.F.).

John Stanley, CCIM has represented GRIDOPS, LLC in the purchase of a ± 3,116 S.F. office /warehouse property located at 310 East Mendel Parkway, Montgomery, AL.  The sales price was $200,000.00 ($64.18/S.F.).