Results


Description of the Article


SOLD – .79 Ac., Ann St., Montgomery, AL – September 24, 2013

John Stanley, CCIM has represented Ann Dees in the sale of a 34,412 S.F. lot located at the corner of Ann St. and Locust St. The Buyer was Speedy Development USA, LP and the lot will be developed as a Speedy Cash loan facility. The property is zoned B-3Q. The sales price was $500,000  ($14.53/S.F.).



LEASED – 1,500 S.F. RESTAURANT SPACE, Montgomery, AL – September 3, 2013

Lee Meriwether, CCIM recently represented Looking East, LLC in a lease transaction with Son Van for an Asian Restaurant to be located at 7968 Atlanta Hwy. The new restaurant will open in October, 2013.



SOLD – 38,226 S.F. Lot on Eastchase Parkway, Montgomery, AL– August 27, 2013

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a 38,226 S.F. lot at the corner of Eastchase Parkway and Boyd Cooper Parkway. The lot will be developed as a Taco Bell restaurant facility. The Buyer was Monty Mex Corp. The sales price was $458,712 ($12.00/S.F.).



LEASED – 20,400 S.F. WAREHOUSE SPACE, Montgomery, AL – May 9, 2013

Lee Meriwether, CCIM recently represented Auto Electric & Carburetor Co., Inc. in a lease transaction with R&W Developers, LLC for a warehouse/distribution facility to be located at 2735 Poplar Street. The new business should open in July, 2013. The terms of the lease are undisclosed.



SOLD – Former Hooters Restaurant, Montgomery, AL – April 2, 2013

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.