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Author: JSA Admin

Karen Account's Article

SOLD – 4285 ALATEX RD., MONTGOMERY, AL – July 8, 2015

Nim Frazer, SIOR has represented Sterling Bank in the sale of an office/warehouse property located at 4285 Alatex Road, Montgomery, AL.  The property consists of a ± 16,000 S.F. building (± 2,476 S.F. office/showroom and ± 13,524 S.F. warehouse) located on ± 5.07 acres.  The Buyer was Logis Tech, L.L.C.  The sales price was $375,000.00.

SOLD – ± 230 AC., MOBILE HWY., MONTGOMERY, AL – May 24, 2015

John Stanley, CCIM has represented Arthur E. Marxer, et al. in the sale of 229.9 acres located at 6350 Mobile Hwy. (U.S. Hwy. 31) to The Water Works and Sanitary Sewer Board of the City of Montgomery.  The property is zoned  M-3.  The sales price was $688,000 ($3,000/Ac.).

LEASED – ± 6,300 S.F., OFFICE, MONTGOMERY, AL – June 15, 2015

Lee Meriwether, CCIM has represented Coastal Beach Investments, LLC in the lease of ± 6,300 S.F. of office space located at 9532 Wynlakes Place, Montgomery, AL.  The tenant is Specialized Alternatives for Families and Youth of Alabama, Inc.  The terms of the lease are undisclosed.



SOLD – OFFICE CONDO – ZELDA ROAD, Montgomery, AL – June 12, 2015

Lee Meriwether, CCIM represented Steve Arnberg in the sale of a ± 1,000 S.F. office condo located at 2800 Zelda Road, Suite 200-8.  The Buyer was Robert Roberts.  The sales price was $70,000.

SOLD – OFFICE/WAREHOUSE, MONTGOMERY, AL – May 29, 2015

John Stanley, CCIM and Lee Meriwether, CCIM have represented Thompson Tractor Company, Inc. in the sale of an office/warehouse property located at 2217 So. Forbes Dr., fronting North Boulevard.  The building is ± 2,189 S.F. and the lot is ± 2.37 Ac. The sales price was $185,000.  The name of the Buyer is undisclosed.