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John Stanley, CCIM has represented Smilemakers Realty, LLC in the sale of a ± 7,189 S.F. dental office building located 4635 Woodmere Blvd. The Buyer is TW Real Estate, LLC. The sales price was $705,000.00 ($98.06/S.F.).
Lee Meriwether, CCIM has represented WPB&B Associates, LLC in the sale of a ± 51,080 S.F. Office Building located at 3815 Industrial Park Drive, Montgomery, AL 39109. The Office Building was located on ± 2.08 Acres of land zoned B-4. The Sales Price was $2,000,000.00.
John Stanley, CCIM has represented Common Thread, LLC in the sale of a Class “A’ office building located at 3158 Parliament Circle., Montgomery, AL. The building consists of ± 6,430 S.F. of finished ground floor space and ±2,494 S.F. of unfinished second floor space. The Buyer was EMGS Properties, LLC. The sales price was $875,000.00.
John Stanley, CCIM and Lee Meriwether, CCIM have represented J & H Investments, LLC in the sale of a 14,892 S.F. medical office building located at 2601 – 2611 Woodley Park Drive in Montgomery, Alabama. The sale was a “Bargain Sale” of the property to HBCU Alliance Partners. The sales price and terms of the sale are undisclosed.
John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a ± 4,178 S.F. office building located at 8325 - 8329 Crossland Loop in Montgomery, Alabama. The Buyer was Dirt Road Dreamhouse, LLC. The sales price was $395,000.00 ($94.54/S.F.) representing an 8.25 cap rate.