Lee Meriwether, CCIM recently completed the sale of a ±3,745 square foot office building located at 4241 Lomac Street in Montgomery, AL. The sales price was $325,000.00 or $87.00/S.F. The Seller was James Hampton and the Buyer was 4241 Lomac Street, LLC.

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.

Lee Meriwether, CCIM, recently completed the sale of a ± 16,936 S.F. office/warehouse building located at 830 Plantation Way, Montgomery, AL. The Seller was MBT Associates, LLC and the Buyer was Pitts Properties, LLC. The sales price was $915,000.00.

John Stanley, CCIM has represented Montgomery Real Estate Ventures, LLC in the sale of a ± 3,649 S.F. medical office building located at 4749 Berry Blvd., Montgomery, AL. The Buyer was John K. L. Porter D.O, PC.  The sales price was $505,312.50 ($138.48/S.F.).

John Stanley, CCIM has represented Alabama Home Builders Self Insurers Fund in the leasing of ± 5,327 RSF of Class “A” office space located at Halcyon Pointe III, 7480 Halcyon Pointe Drive, Montgomery, AL.  The Tenant is JESCO, Inc.  The terms of the lease are undisclosed.