Lee Meriwether, CCIM and John Stanley, CCIM have sold ± 18.17 acres located on Park Crossing at New Park. The property will be developed as Phase III of the Jubilee subdivision. The Seller was New Park Development Company, LLC and the Buyer is JSL Partners, LLC. The Sales price was $454,250.00 ($25,000.00/AC.).
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.
John Stanley, CCIM has represented Plantation Way, LLC in the sale of a ± 16,344 S.F office/warehouse property located at 885-889 Plantation Way, Montgomery, AL. The property is zoned M-1. The Buyer is Commerce St., LLC. The sales price was $780,000.00 ($47.72/S.F.).