Description of this article
John Stanley, CCIM has represented Stivers Realty, L.C. in the purchase of a 9,081 S.F. office/warehouse property located at 4060 East South Boulevard. The sales price was $260,870 ($28.73/S.F.). The Property is zoned M-1.
Mark Dauber has represented GLIC Real Estate Holdings, LLC in the sale of a +/-18,400 S.F. office building located at 2450 Presidents Drive, Montgomery, AL. The sales price was $245,000.00. The buyer is The Open Door Christian Faith Church.
Mark Dauber has represented Merry Corner, LLC in the sale of a 3.7 Ac. Parcel fronting Vaughn Road at a price of $485,000.00. The buyer was The Broadway Group, LLC who will develop a portion of the property as a Dollar General. This new retail facility will complement the existing CVS store located at the corner of Vaughn Road and Pike Road.
John Stanley, CCIM has represented Renasant Bank in the purchase of two (2) lots located at the corner of Taylor Road and Winton Blount Loop. This location will serve as Renasant Bank’s second location in the Montgomery market. The size of the parcel is 58,894 S.F. and the sales price was $515,322.50 ($8.75/S.F.). The Buyer was Renasant Bank and the Seller was East Montgomery Properties, L.L.C.
Lee Meriwether, CCIM has represented CIT Small Business Lending Corporation in the sale of a 2,911 S.F. office building and an adjacent ± 36,301 S.F. vacant lot located at 1760 Platt Place. The total sales price for both parcels was $390,000.00.
Lee Meriwether, CCIM has represented Kirkland Enterprises in the sale of a 10,000 S.F. office building located at 4719 Woodmere Blvd. The sales price was $900,000.00 or $90.00/S.F. The building will be owned and occupied by The Alabama West Florida Conference of the United Methodist Church.
Lee Meriwether, CCIM recently represented Kirkland Enterprises in a lease transaction with Varicosity Vein Center for a medical office to be located at 445 Cotton Gin. The new medical facility should open in April, 2013.
John Stanley, CCIM has represented Max Credit Union in the sale of a .96 acre parcel located on Ala. Hwy. 14 in Millbrook, AL. The property will be developed as a Family Dollar retail facility. The sales price was $395,000.00 ($9.41/S.F.). The name of the Buyer is Family Dollar Stores of Alabama, Inc.
Lee Meriwether, CCIM has represented Rialto Capital Advisors in the sale of the former Hooters Restaurant located at 2701 Eastern Boulevard. The sales price was $650,000.00.