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Description of the Article


SOLD – ± 2.85 ACRES – EASTCHASE PARKWAY, MONTGOMERY, AL. JULY 29, 2021

John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.85 acres located on Eastchase Parkway in Montgomery, AL.  The Buyer was RAM Montgomery Hospitality Two, LLC.  The property will be developed as a four (4) story, 96 room, Residence Inn by Marriott.  The sales price was $813,784.00 ($6.56/S.F.).

LEASED – ± 3,660 S.F. TIGER TOWN, OPELIKA, AL. JULY 21, 2021

John Stanley, CCIM has represented MR. MATTRESS, LLC in leasing ± 3,660 S.F. of retail space located on Enterprise Drive (TIGER TOWN) Opelika, AL.  The terms of the Lease are undisclosed. 


SOLD – THREE (3) COMMERCIAL LOTS, PIKE ROAD, AL. JULY 12, 2021

John Stanley, CCIM has represented The Langenberg Trust in the sale of three (3) platted commercial lots located at the corner of Vaughn Road and Lochfield Drive in Pike Road, AL.  The total size of the lots is 2.41 acres.  The Buyer was Georgiana Convenience, LLC.  The sales price for the three (3) was $625,000.00 ($5.95/S.F.).


SOLD – EAST BOULEVARD PROPERTY, MONTGOMERY, AL. JUNE 10, 2021

John Stanley, CCIM has represented Courtesy Automotive Group, Inc. in the sale of 505 East Boulevard, Montgomery, AL. The Property consists of a ± 4,500 S.F. building located on ± 1.72 acres.  The Buyer was Skipper Moses, LLC.  The sales price was $1,300,000.00.


SOLD – COMMERCIAL LOTS, TAYLOR ROAD/MALCOLM DRIVE, MONTGOMERY, AL. JUNE 2, 2021

John Stanley, CCIM has represented 303 Samford Avenue, LLC in the sale of two (2) commercial lots located on Taylor Road and Malcolm Drive being a total of 76,059 S.F. and zoned B-3. The Buyer was Cross Development, LLC.  The sales price was $295,000.00 ($3.88/S.F.).