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SOLD – 8 COMMERCE STREET, MONTGOMERY, AL. JULY 13, 2021

Mark Dauber has represented JP-8 COMM, LLC in the sale of 8 Commerce Street, Montgomery, AL.  The property consists of a ± 160,882 S.F. office building including a parking deck containing ±157 spaces. The Buyer was 8 Commerce Partners, LLC. The sales price was $3,300,000.00.


SOLD - OFFICE LOT, MITYLENE OFFICE PARK, MONTGOMERY, AL. JULY 6, 2021

John Stanley, CCIM has represented Henry Fuqua in selling a ± 21,349 S.F. office lot located in Mitylene Office Park.  The Buyer was Renal Associates of Alabama, LLC. The sales price was $150,000.00 ($7.02/S.F.).


SOLD – OFFICE LOT, MITYLENE OFFICE PARK, MONTGOMERY, AL. JULY 6, 2021

John Stanley, CCIM has represented Mitylene Development, Inc. in selling a ± 30,714 S.F. office lot located in Mitylene Office Park.  The Buyer was Renal Associates of Alabama, LLC.  The sales price was $155,000.00 ($5.04/S.F.).


LEASED – ± 1,942 S.F. OFFICE SPACE, MONTGOMERY, AL. JUNE 30, 2021

John Stanley, CCIM has represented DBM Properties, LLC in leasing ± 1,942 S.F. of office space at 4209 Carmichael Road, Montgomery, AL. The Tenant is Thrive Trauma, Inc. The terms of the Lease are undisclosed. 


SOLD – ± 4,330 S.F OFFICE BUILDING, MONTGOMERY, AL. MAY 20, 2021

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a      ± 4,330 S.F. office building located at 6765 – 6767 Taylor Circle, Montgomery, Alabama.  The Buyer was Georgiana Convenience, LLC.  The cap rate was 9.1%.  The sales price was $380,000.00 ($87.76/S.F.).