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Author: JSA Admin

Karen Account's Article

SOLD – 4447-4453 ATLANTA HWY., MONTGOMERY, AL – JUNE 20, 2016

Lee Meriwether, CCIM recently represented Denson and Janet Sexton in the sale of 4447-4453 Atlanta Highway, Montgomery, AL. 36109.  The property consists of a ± 20,150 S.F. building located on ± 1.6 acres of land.  ± 17,150 S.F. of the building was occupied by the Owner, who is relocating, and ± 3,000 S.F. was occupied by 2 tenants.  The property was zoned B-2 and the sales price was $825,000.00.  The Buyer was the Southern District Church Extension Fund, Inc.

SOLD – EAST BOULEVARD PROPERTY, MONTGOMERY, AL – JUNE 8, 2016

John Stanley, CCIM has represented Pavilion Investment Company, LLC in the sale of the property located at 405 East Boulevard, Montgomery, AL. The property consists of a 39,864 S.F. car dealership building on ± 7.39 acres. The name of the Buyer is undisclosed. The sales price was $1,150,000.00.

LEASED – ± 10,663 S.F. OFFICE SPACE, MONTGOMERY, AL – MAY 26, 2016

Nim Frazer, SIOR has represented Haber Properties, LLC in leasing ± 10,663 S.F. of office space located at 2743-B Gunter Park Dr., Montgomery, AL.  The Lessee is TTL, Inc.  The terms of the lease are undisclosed.

LEASED – ± 16,440 S.F. OFFICE SPACE, MONTGOMERY, AL – MAY 20, 2016

John Stanley, CCIM has represented Auburn University at Montgomery in leasing ± 16,440 S.F. of Class “A” office space located at the RSA Dexter Avenue Building located at 445 Dexter Avenue, Montgomery, AL.  The terms of the lease are undisclosed.

SOLD – BISHOP-PARKER BUILDING, MONTGOMERY, AL – MAY 16, 2016

Mark Dauber has represented Montgomery DT Hospitality, LLC in its purchase of the iconic 100-year-old building, Bishop-Parker Furniture Company property, located at 152 Coosa Street, Montgomery, AL.  The Buyer plans to redevelop the property for hotel use.  The building consists of approximately 80,000 S.F. and is located directly across from Riverfront Stadium.  The terms of the sale are undisclosed.