Lee Meriwether, CCIM recently completed the sale of a ± 9,800 S.F. office building located at 842 – 844 Peachtree Street, Prattville, Alabama.  The building was fully leased with a seven (7) year lease.  The Sales Price was $995,000.00 or $101.53/S.F.

John Stanley, CCIM has represented the William H. Murfee Trust and Ferry Cut, Ltd. in the sale of ± 232 acres located on U.S. Hwy. 82, Prattville, Alabama.  The Buyer was FRA l, LLC, et al.  The Buyer intends to develop the Property as a mixed-use healthcare and residential project.  The sales price was $3,029,030.00 ($13,056/AC.).

Lee Meriwether, CCIM has represented Avadian Credit Union in the sale of ± 2.31 Acres located at 4135 and 4143 Atlanta Highway in Montgomery, AL.  The Property was zoned B-2.  There were two (2) buildings on the Property that will be demolished for a new development.  The Property sold for $650,000.00 or $6.46/S.F.

Nim Frazer, Jr. SIOR has represented AmWaste of Alabama, LLC in leasing ± 12,628 S.F. of warehouse space located at 3120 Hayneville Road in Montgomery, AL.  The terms of the lease are undisclosed. 

John Stanley, CCIM has represented Montgomery Enterprise 3, LLC in leasing an existing convenience store located at 5670 Atlanta Hwy, Montgomery, AL.   The terms of the lease are undisclosed.  

John Stanley, CCIM has represented McLemore Plantation, Ltd. in the sale of ± 100 acres located on Wallahatchie Road, Pike Road, Alabama.  The Buyer was The Town of Pike Road Board of Education.   The sales price was $1,450,000.00 ($14,500/AC.).

John Stanley, CCIM has represented Montgomery Enterprise 3, LLC in leasing a Convenience Store facility located at 5670 Atlanta Hwy, Montgomery, AL.   The terms of the lease are undisclosed. 

John Stanley, CCIM has represented HCS Properties, LLC in the sale of a ± 5,770 S.F. office building located at 5921 Carmichael Road, Montgomery, Alabama.  The Buyer was Danita and Wilbert Johnson.   The sales price was $330,000.00 ($57.19/S.F.).

John Stanley, CCIM has represented KAIYA 003, LLC in the sale of a restaurant property, formerly Fazoli’s, located at 789 Business Park Dr., Prattville, Alabama.  The building is ± 3,500 S.F. located on ± 1.26 acres.  The Buyer was HHSC Prattville, LLC.   The sales price was $1,700,000.00.

John Stanley, CCIM has represented Montgomery Enterprise 3, LLC in leasing a Convenience Store facility located at 5670 Atlanta Hwy, Montgomery, AL.   The terms of the lease are undisclosed.