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 completed the sale of a ± 1,652 S.F. office building located at 2410 Cobbs Ford Road, Millbrook, AL. The property is zoned C-2 (General Commercial). The sales price was $231,500.00 or $140.13 per square foot. The Seller was Gregg Hollon and the Buyer was Byrd Property Holdings, LLC.
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.
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.).
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.