Lee Meriwether, CCIM has recently completed the Sale of  a ± 8,824 square foot Medical Office Building located at 4154 Carmichael Road, Montgomery, AL. 36106. The Seller was Carmichael Real Properties, LLC and the Buyer was NCM Real Estate, LLC.  The sales price was $1,100,000.00.

John Stanley, CCIM has represented Jungle Ventures, LLC in the purchase of the former Liberty Bank & Trust Company branch located at 3900 Eastdale Circle, Montgomery, AL.  The sales price was $280,000.00. 

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 has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 24,563 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is Hancock Whitney Bank.  The terms of the lease are undisclosed.  

Lee Meriwether, CCIM, has recently completed the Sale of the former Paulk’s Transmission property located at 1810 Mt. Meigs Road, Montgomery, AL.  The sales price was $120,000.00, which included most of the furniture, fixtures and shop equipment. 

John Stanley, CCIM, has represented The Heritage River Town, LLC in the purchase of a ± 1.41 acre parcel located at RIVER TOWN CENTER, Wetumpka, AL.  The parcel will be developed as a GOAT Bar and Grill, a modern sports bar.  The sales price was $429,937.00 ($7.00/S.F.).

John Stanley, CCIM, has represented The Heritage River Town, LLC in the purchase of a ± 3.0 acre parcel located at RIVER TOWN CENTER, Wetumpka, AL.  The parcel will be developed as a NexGen Fun Park (an indoor play and recreation center for children of all ages).  The sales price was $914,760.00 ($7.00/S.F.).

John Stanley, CCIM, has represented RENASANT BANK in leasing ± 7,527 S.F. of Class “A” office space located at 44 Market Plaza, Montgomery, AL. The space will be occupied by Renasant Bank as its new downtown location. The terms of the lease are undisclosed. 

Lee Meriwether, CCIM has represented Coastal Beach Investments, LLC in the lease of ± 6,300 S.F. of office space located at 9532 Wynlakes Place, Montgomery, AL.  The Tenant is Specialized Alternatives for Families and Youth of Alabama, Inc.  The terms of the lease are undisclosed.  

John Stanley, CCIM has represented C P Properties, LLC in leasing ± 7,975 RSF of Class “A” office space located at 6925-A Halcyon Pointe Drive, Montgomery, AL.  The Tenant is Enterprise Leasing Company – South Central, LLC.  The terms of the lease are undisclosed.