John Stanley, CCIM has represented Plantation Way, LLC in the sale of a ± 16,344 S.F office/warehouse property located at 885-889 Plantation Way, Montgomery, AL. The property is zoned M-1. The Buyer is Commerce St., LLC. The sales price was $780,000.00 ($47.72/S.F.).

Lee Meriwether, CCIM recently completed the sale of four (4) lots located at 1114 So. Decatur Street and 478, 486 and 494 Cramer Avenue in Montgomery, Alabama. The lots are zoned M-1 and all together totaling ± 39,959 square feet. The Sales price was $248,000.00 or $6.21/S.F. The Seller was Betty Morgan and the Buyer was ASU Board of Trustees.

John Stanley, CCIM has represented Mr. Mattress, LLC in the leasing of ± 2,800 S.F. of retail space in Merry Corners at the corner of Vaughn Road and Pike Road. The Landlord is Trott, LLC. The terms of the lease are undisclosed.

John Stanley, CCIM has represented TLG #1, LLC in the purchase of the Dollar General located at 19152 AL Highway 22E in Plantersville, Alabama. The property consists of a 10, 566 S.F. free-standing Dollar General on a 2.5 acre parcel. The Seller was the Broadway Group, LLC. The Sales price was $1,688,500.00 (7.05 cap rate).

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.63 Acre commercial lot located at the corner of Chantilly Parkway and Chantilly Parkway Place in Pike Road, Alabama. The Sales price was $639,666.00 or $9.00/S.F. The property is zoned B-2. The Seller was Pelham, et al and the Buyer was Marion Community Bank. The Site will be developed as Marion Community Bank’s first location in Pike Road, Alabama.