Lee Meriwether, CCIM recently completed the sale of a ± 12,048 square foot medical office building located at 5741 Carmichael Parkway in Montgomery, Alabama. The lot size was 1.06 Acres and was zoned B-3.  The Seller was Shared Services, LLC and the Buyer was Medical Outreach Ministries.  The sales price was $250,000.00.    

John Stanley, CCIM has represented R & W Developers, LLC in leasing ± 2,648 S.F. of office space located at 5923 Monticello Drive.  The tenant is Fyzical of Montgomery, LLC.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented Colonial Property, LLC in leasing ± 65,144 RSF of office space located at Capitol Commerce Center, Montgomery, AL.  The tenant is the State of Alabama Bureau of Pardons and Paroles.  The terms of the lease are undisclosed.

Mark Dauber has represented 60 Commerce, LLC in leasing ± 19,060 RSF of office space located at 60 Commerce Street in downtown Montgomery, Alabama.  The tenant is Alabama State Personnel Department. The terms of the lease are undisclosed.

John Stanley, CCIM has represented HD & D Land Company in the sale of  ± 92.25 acres  located on McQueen Smith Road in Prattville, Alabama.  The property will be developed as a single-family residential subdivision by the Buyer, SMB Land, LLC.  The sales price was $2,557,425.00 ($30,500/ac.) based on ± 83.85 usable acres. 

John C. Stanley, CCIM has represented East Boulevard Investments, LLC in the lease of 6,021 S.F. of Class “B” office space located at 2637 East Boulevard.  The Lessee is The Gift of Life Foundation, Inc.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented the Estate of Milton McGregor in the sale of a 31.3 acre parcel located on Vaughn Road.  The property is zoned for residential use.  The sales price was $140,000.00. 

John Stanley, CCIM has represented William R. Welch, et al in the sale of a ± 7.81 acre parcel of land located on U.S. Hwy 231 in Wetumpka, AL.  The Buyer is Nathan Ridge, Ltd.  The property will be developed as a 56 unit senior housing apartment complex.  The sales price was $550,000.00 ($70,425/AC.). 

John C. Stanley, CCIM has represented Auburn University at Montgomery (AUM) in the sublease of 11,193 RSF of Class “A” office space located at 445 Dexter Avenue, in downtown Montgomery.  The sublessee is the Alabama Department of Early Childhood Education.  The terms of the lease are undisclosed.

John C. Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing     ± 2,225 S.F. of office space located at 6767 Taylor Circle, Montgomery, AL.  The tenant is Gardenia Cove Mental Health, PC.  The terms of the lease are undisclosed.