Description of this article
Lee Meriwether, CCIM has represented ServisFirst Bank in the sale of a ± 5,185 S.F. office/warehouse building located at 309-311 W. Mendell Pkwy in Montgomery, Alabama. The property is zoned B-3. The sales price was $135,000.00.
John Stanley, CCIM has represented AmeriFirst Bank in the sale of a 62.5 acre parcel of undeveloped land located on Bell Road, Montgomery, AL. The property is zoned PUD. The terms of the sale are undisclosed.
Lee Meriwether, CCIM has represented Wells Fargo Bank in the sale of a 10,420 S.F. office/warehouse building located at 602 Oliver Road in Montgomery, Alabama. The property is zoned M-1. The sales price was $180,000.00.
Mark Dauber has represented F&A Realty Montgomery, Ltd. in the sale of the Bell Building located at 201 Montgomery St. in downtown Montgomery, AL. The building consists of approximately 120,000 S.F. of office space. The Buyer plans to renovate the property as a residential development. The Buyer was MAL, LP and the sales price was $3,125,000.
John Stanley, CCIM, has represented Cotton Field Place, LLC in the sale of a ± 2.79 acre parcel located on Arrowhead Drive South, Montgomery, AL. The Buyer is NF V ES-W Montgomery, LLC. The property will be developed as a 122 room four (4) story Woodspring Suites Extended Stay hotel. The sales price was $730,890.00 ($6.00/S.F.).