Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.35 Acre vacant commercial lot fronting Chantilly Parkway in Montgomery, AL.  The property is zoned B-2.  The sales price was $400,000.00 ($6.80/S.F.). 

John Stanley, CCIM has transacted the sale of two (2) buildings totaling ±25,650 S.F. on ± 2.75 acres located at 3040 East Boulevard in Montgomery, AL.  The Sellers were Jan S. Hogan and Leah S. Dubberly.  The Buyer was Stivers Realty, LLC.   The sales price was $600,000.00 ($23.40/S.F.).

John Stanley, CCIM has represented Schilleci Eastchase, LLC in negotiating a new long-term lease with El Taco Shop, Inc. for an expansion of its space to 3,356 S.F. at 3267 Malcolm Drive, in Montgomery, AL. The terms of the Lease are undisclosed. 

John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.45 acres located on Eastchase Parkway in Montgomery, AL.  The Buyer was RAM Montgomery Hospitality Three, LLC.  The property will be developed as a four (4) story, 97 room, Home2 Suites by Hilton.  The sales price was $1,032,992.00 ($9.68/S.F.).