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. 

Nim Frazer, SIOR has represented Rebecca Vaughn and Elizabeth Calhoun in the sale of ± 30.05 acres located on U.S. Hwy 80 West, across from Dannelly Field, in Montgomery, AL.  The property is zoned M-1 and was sold to KOAM, LLC.  The sales price was $270,000.00.

Lee Meriwether, CCIM recently represented Parker Properties, LLC in the sale of three (3) separate office buildings, located at 4750, 4754 and 4758 Woodmere Boulevard in Montgomery, Alabama. The square footage of all three (3) buildings was ± 8,000 S.F.  The Buyer was J.C. Federal Properties, LLC.  The sales price was $225,000.00 ($28.13/S.F.). 

John C. Stanley, CCIM has represented Montgomery Cardiovascular Associates, P.C. in leasing 5,900 S.F. of space located at Festival Plaza located on Vaughn Road and Taylor Road, Montgomery, AL.  This location will open in March, 2019 as a health and fitness center.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Smilemakers Realty, LLC in the sale of a ± 7,189 S.F. dental office building located 4635 Woodmere Blvd.  The Buyer is TW Real Estate, LLC.  The sales price was $705,000.00 ($98.06/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in leasing ± 4,801 S.F. of Class “A” office space at Halcyon Pointe I, 7515 Halcyon Summit Drive.  The tenant is Progressive Casualty Insurance Co.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Caddell Construction Company, LLC in leasing ± 43,469 S.F. of Class “A” office space located in the RSA Dexter Avenue Building, Montgomery, AL.  The space will serve as the location of Caddell Construction’s home office.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in leasing ± 4,354 S.F. of Class “A” office space at Halcyon Pointe II, 7460 Halcyon Pointe Drive.  The tenant is Raymond James and Associates, Inc. The terms of the lease are undisclosed.

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in leasing ± 4,354 S.F. of Class “A” office space at Halcyon Pointe II, 7460 Halcyon Pointe Drive.  The tenant is Raymond James and Associates, Inc. The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently represented Smith / Packett Med-Com, LLC in the purchase of ± 7.81 Acres of land located along Eastchase Lane in Montgomery, Alabama. The site will be developed as a very upscale Assisted Living Facility.  The sales price was $1,952,500.00 or ($5.74/S.F.).