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Description of the Article


LEASED – ± 14,751 RSF, CLASS “A” OFFICE SPACE, MONTGOMERY, AL. AUGUST 30, 2023

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 14,751 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The tenant is Palomar Insurance Corporation.  The terms of the lease are undisclosed.

SOLD – OFFICE/WAREHOUSE, MONTGOMERY, AL. MAY 1, 2023

John Stanley, CCIM has represented GRIDOPS, LLC in the purchase of a ± 3,116 S.F. office /warehouse property located at 310 East Mendel Parkway, Montgomery, AL.  The sales price was $200,000.00 ($64.18/S.F.).


SOLD – OFFICE LOT, BILLINGSLEY PLACE, MONTGOMERY, AL. APRIL 25, 2023

John Stanley, CCIM has represented Rural Holdings, LLC in the sale of a ± 35,502 S.F. office lot located at the corner of Averett Drive and Kessinger Drive in Montgomery, AL. The Buyer was Hazrat Omar Islamic Center, Inc. The sales price was $142,008.00 ($4.00/S.F.).


LEASED – ± 3,852 RSF, CLASS “A” OFFICE SPACE, MONTGOMERY, AL. APRIL 20, 2023

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 3,852 RSF of Class “A” office space located at Halcyon Pointe I, 7515 Halcyon Summit Drive, Montgomery, AL.  The tenant is Federal Deposit Insurance Corporation.  The terms of the lease are undisclosed. 


SOLD – OFFICE BUILDING, MONTGOMERY, AL. MARCH 29, 2023

John Stanley, CCIM has represented NUCO Investments, LLC in the sale of a ±43,130 S.F. office building on ± 6.22 acres located at 4525 Executive Park Drive, Montgomery, AL.  The Buyer was Three Fold Properties II, LLC.  The sales price was $1,900,000.00 ($44.05/S.F.).