John Stanley, CCIM has represented AJB Properties, LLC in the sale of a ± 6,432 S.F. medical office building located at 214 Mitylene Park Dr., Montgomery, AL. The Buyer was PMMD Properties, LLC. The sales price was $1,110,000.00 ($172.57/S.F.).

John Stanley, CCIM and Lee Meriwether, CCIM have represented the Alabama Hospital Association in the sale of a ± 23,100 S.F. office building located at 509 Oliver Road, Montgomery, AL. The property is zoned M-1 and consists of ± 1.66 acres. The Buyer is NLL Real Estate Investments, LLC. The sales price was $650,000.00 ($28.15/S.F.).

Lee Meriwether, CCIM recently represented the Estate of Luther D. Morgan in the sale of a ± 30,300 square foot retail center located at 5510 Wares Ferry Road in Montgomery, AL. The sales price was $1,100,000.00 or $ 36.30 per square foot. The center was mostly vacant so no CAP Rate was used.

Mark Dauber has represented 60 Commerce, LLC in the leasing of ± 11,223 RSF of Class A OFFICE space located at 60 Commerce St., Montgomery, AL. The Tenant is United States of America. The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently completed the sale of four (4) lots located at 1114 So. Decatur Street and 478, 486 and 494 Cramer Avenue in Montgomery, Alabama. The lots are zoned M-1 and all together totaling ± 39,959 square feet. The Sales price was $248,000.00 or $6.21/S.F. The Seller was Betty Morgan and the Buyer was ASU Board of Trustees.

John Stanley, CCIM has represented Plantation Way, LLC in the sale of a ± 16,344 S.F office/warehouse property located at 885-889 Plantation Way, Montgomery, AL. The property is zoned M-1. The Buyer is Commerce St., LLC. The sales price was $780,000.00 ($47.72/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 6,925 RSF of Class A OFFICE space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL. The Tenant is Alabama Liquified Petroleum Gas Board. The terms of the lease are undisclosed.

John Stanley, CCIM and Lee Meriwether, CCIM have sold a ± 4,521 S.F. medical office building located at 226 Mitylene Park Dr., Montgomery, AL. The Seller was Oakleaf, LLC and the Buyer was ZSC, LLC. The sales price was $625,000.00 ($138.25/S.F.).

Lee Meriwether, CCIM and John Stanley, CCIM have sold ± 18.17 acres located on Park Crossing at New Park. The property will be developed as Phase III of the Jubilee subdivision. The Seller was New Park Development Company, LLC and the Buyer is JSL Partners, LLC. The Sales price was $454,250.00 ($25,000.00/AC.).

John Stanley, CCIM has represented Sara B. Beasley in the sale of two (2) contiguous properties located at 3851 Interstate Ct. and 3808 Elmdale Rd. in Montgomery, AL. Both properties were formerly occupied by Pickwick Antiques located on a ± 41,815 S.F. lot and zoned B-2. The primary building located at 3851 Interstate Ct. is ± 7,424 S.F. A secondary building located at 3808 Elmdale Rd. is ±1,608 S.F. The Buyer was Georgiana Convenience, LLC. The sales price was $625,000.00.