John Stanley, CCIM and Mark Dauber have sold the former Quality Inn and Suites property located at 1401 East Boulevard, Montgomery, Alabama. The Seller was AMREX Properties, LLC and the Buyer is Quality Hotels, L.L.C. The sale price was $850,000

Lee Meriwether, CCIM has represented BB&T Bank in the sale of 365 Felder Avenue, Montgomery, AL. The property consists of five (5) apartment units. The Sales Price was $25,000.00.

Lee Meriwether, CCIM represented Interstate Park Holdings, LLC in a lease renewal with Baptist Hospice for office space located at 300 Interstate Park Drive. The terms of the lease are undisclosed

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the leasing of 1,500 S.F. of office space at 8325 Crossland Loop. The Lessee is America’s Center for Foreign Investment, LLC. The terms of the lease are undisclosed.

Nim Frazer, SIOR has represented Innovative Capitol Advisors, LLC in the leasing of a ± 23,032 S.F. office/warehouse property located at 1130 Emory Folmar Blvd. The tenant will be Interior/Exterior Building Supply. This is a new company locating its business in Montgomery with a schedule occupancy in October, 2012. The terms of the lease are undisclosed

Lee Meriwether, CCIM represented Interstate Park Holdings, LLC in a lease with Baptist Home Health for office space located at 300 Interstate Park Drive. The terms of the lease are undisclosed.

Lee Meriwether, CCIM has represented HRI Acquisitions, Inc. in the sale of a 20,000 S.F. retail building located at 1955 Eastern Boulevard, Montgomery, AL. The sales price was $650,000.00 ($32.50/S.F.).

John Stanley, CCIM has represented Baptist Wellness Ventures in the sale of the property located at 5765 Carmichael Road, Montgomery, AL formerly known as the Montgomery Athletic Club (MAC) and later as SportsFirst. The property consists of a ± 32,900 S.F. two (2) story building located on ± 3.5 acres. The Buyer, LaFemme, Inc. plans to convert the property to an indoor pistol firing and archery range. The sales price was $605,000.00.

John Stanley, CCIM has represented the Estate of Ida Belle Young in the sale of a 16.477 acre parcel of undeveloped land located at the corner of East Boulevard and Buckboard Dr. The sales price was $358,875 ($21,780/Ac.). The name of the buyer is undisclosed.

Lee Meriwether, CCIM represented Interstate Park Holdings, LLC in a long-term lease renewal and expansion agreement with CACI for office space located at 700 Interstate Park Drive. The terms of the lease are undisclosed.