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Author: JSA Admin

Karen Account's Article

SOLD – ± 27,300 S.F. Office/Warehouse, Montgomery, AL – January 15, 2015

Nim Frazer, SIOR has represented 1130 Emory Folmar Blvd., LLC in the sale of a ± 27,300 S.F. office/warehouse property located at 1130 Emory Folmar Blvd., Montgomery, AL.  The property consists of ± 4,268 S.F. of office and ± 23,032 S.F. of warehouse area on ± 4.17 acres.  The Buyer was 639 N. Dupre, LLC.  The sales price was $950,000.00 ($34.80/S.F.).

LEASED – ± 3,071 RSF, OFFICE SPACE, Montgomery, AL – January 15, 2015

John Stanley, CCIM has represented the law firm of Kirkland & Ellis, LLP in leasing ± 3,071 RSF of Class A office space located in the RSA Dexter Avenue Building, 445 Dexter Avenue, Montgomery, AL. The terms of the lease are undisclosed.

SOLD – 2334 - 2340 E. South Blvd., Montgomery, AL – January 5, 2015

Lee Meriwether, CCIM has represented Regions Bank in the sale of a ± 55,760 S.F. building and ± 6.36 acres of land located at 2334 - 2340 E. South Boulevard in Montgomery, AL.  The property is zoned B-4.  The Sales Price was $637,500.00.

SOLD – NO. LAWRENCE ST. LOT, Montgomery, AL – December 30, 2014

John Stanley, CCIM has represented Freida Luster Commercial Properties, LLC in the sale of a ± 59,705 S.F. parcel located at 500 No. Lawrence St. in downtown Montgomery. The Buyer was Alabama Power Company. The sales price was $700,000.00 ($11.72/S.F.).

SOLD – ± 3.06 Ac., Halcyon Summit Dr., Montgomery, AL – December 19, 2014

John Stanley, CCIM has represented Shared Services, LLC in its purchase of a ± 3.06 acre lot located in east Montgomery on Halcyon Summit Dr. The property will be developed as the future office for Oral and Maxillofacial Surgery Associates, P.C.  The Seller was Sevier Dabbs Properties, LLC.  The sales price was $834,360.19 ($6.25/S.F.).