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LEASED –± 7,208 RSF, CAPITOL COMMERCE CENTER, Montgomery, AL – September 10, 2014

John Stanley, CCIM and Lee Meriwether, CCIM have represented Montgomery Colonial Property, LLC in leasing approximately 7,208 RSF of office space at Capitol Commerce Center to the Alabama Department of Transportation (ALDOT). The terms of the Lease are undisclosed.

SOLD – 844 Lagoon Commercial Blvd., Montgomery, AL – June 27, 2014

John Stanley, CCIM has represented Panehal, Inc. in the sale of 844 Lagoon Commercial Blvd., Montgomery, AL.  The property consists of a 6,050 S.F. office/warehouse.  The Buyer was Unique Securities, Inc.  The sales price was $312,000 ($51.57/S.F.).



SOLD – 267 East Blvd., Montgomery, AL – June 10, 2014

John Stanley, CCIM has represented Automotive Enterprises, Inc. in the sale of 267 East Blvd., Montgomery, AL.  Formerly a Midas Muffler facility, the property consists of a ± 4,921 S.F. building located on .53 acres.  The Buyer was Ingram Properties, LLC.  The sales price was $461,450.00 ($93.77/S.F.).



SOLD - Vaughn Road Lot, Montgomery, AL - March 20, 2014

John Stanley, CCIM has represented the Dan Broughton Family Partnership in the sale of a 31,278 S.F. commercial lot located on Vaughn Road, adjacent to CVS. The Buyer was Dr. Lewis T. Benefield who plans to develop the property as a vet clinic. The sales price was $281,500 ($9.00/S.F.).



SOLD – Bell Building, Montgomery, AL– March 7, 2014

Mark Dauber has represented F&A Realty Montgomery, Ltd. in the sale of the Bell Building located at 201 Montgomery St. in downtown Montgomery, AL. The building consists of approximately 120,000 S.F. of office space. The Buyer plans to renovate the property as a residential development. The Buyer was MAL, LP and the sales price was $3,125,000.