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John Stanley, CCIM has represented Liberty Bank & Trust Company in the purchase of a ± 11,560 S.F. bank building located at 4141 Carmichael Road, Montgomery, AL.  Formerly owned and occupied by Iberia Bank, the property will be occupied by Liberty Bank as a bank facility with executive offices.  The sales price of the property is undisclosed.

John C. Stanley, CCIM has represented Juan Valerio Gil in the purchase of a ± 1.51 acre lot located on U.S. 231 South in Montgomery, AL.  The property is zoned M-1.  The sales price was $127,500.00 ($1.94 / S.F.).

John C. Stanley, CCIM has represented Freida Luster Commercial Properties, LLC in the sale of a ± 16,000 S.F. commercial building on a 1.03 acre parcel of land located at 121 No. Goldthwaite Street, Montgomery, AL.  The Buyer is SYS-CON, LLC.  The sales price was $350,000.00 ($21.87 / S.F.).


John C. Stanley, CCIM has represented Synovus Bank in the sale of 36 townhome lots in the Lockwood Subdivision, Narrow Lane Road, Montgomery, AL.  The Buyer was Davis Land Holdings, LLC.  The sales price was $185,000.00 ($5,140 / Lot).

John C. Stanley, CCIM has represented Boyd Investments, LLC in the sale of a ± 39,125 S.F. lot located on Boyd Cooper Parkway, Montgomery, AL.  The Buyer is E B Properties, LLC.  The sales price was $285,000.00 ($7.28 / S.F.).


John Stanley, CCIM has represented Schilleci Eastchase, LLC in leasing ± 2,200 S.F. at 3251 Malcolm Drive to The Athena Group, LLC (dba:  Huntington Learning Centers).  The terms of the lease are undisclosed.


John C. Stanley, CCIM has represented Big Sky, LLC in the sale of a new Dollar General retail facility located at 8990 Atlanta Highway, Montgomery, AL.  The ± 9,100 S.F. investment property sold for $1,590,000.00 representing a 6.37 cap rate.

Lee Meriwether, CCIM recently represented CAHETI-2 Tire, LLC in the sale of a ± 5,238 S.F. automotive building located at 4084 U.S. Highway 231, Wetumpka, AL. The building had 7 service bays, the lot size was ± 31,775 S.F. and the property was zoned 
B-2. The Buyer was Overton Properties, LLC and the sales price was $425,000.00 or $81.14/S.F.

Lee Meriwether, CCIM recently represented CAHETI-2 Tire, LLC in the sale of a ± 5,238 S.F. automotive building located at 4084 U.S. Highway 231, Wetumpka, AL. The building had 7 service bays, the lot size was ± 31,775 S.F. and the property was zoned B-2. The Buyer was Overton Properties, LLC and the sales price was $425,000.00 or $81.14/S.F.

Lee Meriwether, CCIM recently represented Denson and Janet Sexton in the sale of 4447-4453 Atlanta Highway, Montgomery, AL. 36109.  The property consists of a ± 20,150 S.F. building located on ± 1.6 acres of land.  ± 17,150 S.F. of the building was occupied by the Owner, who is relocating, and ± 3,000 S.F. was occupied by 2 tenants.  The property was zoned B-2 and the sales price was $825,000.00.  The Buyer was the Southern District Church Extension Fund, Inc.