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John Stanley, CCIM has represented PowerSouth Energy Cooperative in the purchase of 1.00 acres located on Park Crossing. The property will be used by PowerSouth as a portion of a larger parcel for a power substation. The Seller was Thorington Road Properties, LLC. The terms of the sale are undisclosed.


John Stanley, CCIM has represented PowerSouth Energy Cooperative in the purchase of 4.63 acres located on Park Crossing. The property will be developed by PowerSouth as a power substation to serve the growing demands of residential and commercial development in the area. The Seller was Alfa Properties, Inc. The terms of the sale are undisclosed.


Lee Meriwether, CCIM and John Stanley, CCIM have represented Boyd Investments, LLC in the sale of a 1.35 Ac. lot located on Chantilly Parkway, Montgomery, AL, adjacent to the Pub Restaurant. The Buyer was Gipson Enterprises, L.L.C. for the development of a Gipson Auto Tire Service facility. The sales price was $450,000.00 ($7.65/S.F.).


John Stanley, CCIM has represented Courtesy Automotive Group, Inc. in the leasing of a ± 2,050 building plus parking lot at 635 East Blvd. in Montgomery, AL to BFM Transportation, LLC. The property will be used as a Hertz rental car facility beginning December, 2013. The terms of the lease are undisclosed.


John C. Stanley, CCIM has represented PSB Credit Services, Inc. in the sale of a 14.24 acre parcel of land located on Cobbs Ford Rd., Prattville, AL. The Buyer was Brewbaker Properties, LLC. The sales price for the entire property was $900,000.00.


John Stanley, CCIM has represented Ann Dees in the sale of a 34,412 S.F. lot located at the corner of Ann St. and Locust St. The Buyer was Speedy Development USA, LP and the lot will be developed as a Speedy Cash loan facility. The property is zoned B-3Q. The sales price was $500,000  ($14.53/S.F.).


Lee Meriwether, CCIM recently represented Looking East, LLC in a lease transaction with Son Van for an Asian Restaurant to be located at 7968 Atlanta Hwy. The new restaurant will open in October, 2013.


John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a 38,226 S.F. lot at the corner of Eastchase Parkway and Boyd Cooper Parkway. The lot will be developed as a Taco Bell restaurant facility. The Buyer was Monty Mex Corp. The sales price was $458,712 ($12.00/S.F.).


Lee Meriwether, CCIM recently represented Auto Electric & Carburetor Co., Inc. in a lease transaction with R&W Developers, LLC for a warehouse/distribution facility to be located at 2735 Poplar Street. The new business should open in July, 2013. The terms of the lease are undisclosed.


Lee Meriwether, CCIM has represented Rialto Capital Advisors in the sale of the former Hooters Restaurant located at 2701 Eastern Boulevard. The sales price was $650,000.00.