John Stanley, CCIM and Lee Meriwether, CCIM have represented Montgomery Colonial Property, LLC in leasing an additional 9,230 RSF of office space at Capitol Commerce Center to the Alabama Department of Transportation (ALDOT).  The terms of the Lease are undisclosed.

John Stanley, CCIM has represented Matmar Properties, LLC in the sale of a multi-use retail property located at 3251 Malcolm Dr., Montgomery, AL.  The property consists of a ± 9,624 S.F. building on a ± 42,762 S.F. lot zoned B-3.  The Buyer is Schilleci Eastchase, LLC. The sales price was $870,000.00 ($90.40/S.F.).

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in the leasing of ± 4,469 RSF of Class “A” office space at Halcyon Pointe III.  The Tenant is Oakworth Capital Bank.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented DeBose-Gaston, LLC in the sale of an existing retail property located at 7813 Vaughn Road, Montgomery, AL.  The property consists of a ± 3,592 S.F. building situated on a ± 16,194 S.F. lot zoned B-3. The Buyer is Sanctuary Investment Group, LLC.  The sales price was $375,000.00 ($104.40/S.F.).

John Stanley, CCIM has represented DuBose-Gaston, LLC in the sale of an existing retail property located at 7813 Vaughn Road, Montgomery, AL.  The property consists of a ± 3,592 S.F. building situated on a ± 16,194 S.F. lot zoned B-3. The Buyer is Sanctuary Investment Group, LLC.  The sales price was $375,000.00 ($104.40/S.F.).

John Stanley, CCIM has represented the Owner in the sale of an existing office building located at 1100 Emory Folmar Blvd., Montgomery, AL.  The building consists of ± 11,075 S.F. located on ± 1.97 acres.  The Buyer is Cook’s Properties, LLC.  The sales price was $545,000 ($49.21/S.F.).

John Stanley, CCIM has represented CP Properties, LLC in leasing ± 4,593 RSF of office space located at 6925 Halcyon Park Dr., Montgomery, AL.  The tenant is an investment banking firm.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented FP-VG1, LLC and FP-VG2, LLC in the sale of the Village Green Apartments located at 101 So. Burbank Dr., Montgomery, AL.  The property consists of 337 multi-family units on 27.25 acres of land.  The Seller was Village Green, LLC.  The sales price was $11,275,000.00 ($33,450/unit).

Lee Meriwether, CCIM currently represented the Alabama Department of Transportation in the purchase of ± 24 Acres located along Hwy 280 in Lee County, Alabama.  The terms of the sale are undisclosed.

John Stanley, CCIM has represented Mitylene Development, Inc. in the sale of an office lot located on Mitylene Park Lane, Montgomery, AL.  The lot will be developed in conjunction with two (2) other lots previously purchased by Dr. Ashley McIntyre for his medical office building currently under construction for East Montgomery Christian Family Medicine.  The sales price was $135,613.26 ($7.125/S.F.).