Home

John Stanley, CCIM has represented Schilleci Eastchase, LLC in negotiating a new long-term lease with El Taco Shop, Inc. for an expansion of its space to 3,356 S.F. at 3267 Malcolm Drive, in Montgomery, AL. The terms of the Lease are undisclosed. 

John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.85 acres located on Eastchase Parkway in Montgomery, AL.  The Buyer was RAM Montgomery Hospitality Two, LLC.  The property will be developed as a four (4) story, 96 room, Residence Inn by Marriott.  The sales price was $813,784.00 ($6.56/S.F.).

John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.45 acres located on Eastchase Parkway in Montgomery, AL.  The Buyer was RAM Montgomery Hospitality Three, LLC.  The property will be developed as a four (4) story, 97 room, Home2 Suites by Hilton.  The sales price was $1,032,992.00 ($9.68/S.F.).

John Stanley, CCIM has represented Cotton Field Place, LLC and A.J. McLemore Development Properties, LLC in the sale of a ± 10.03 acre multifamily property, zoned R-65-M, located on Halcyon Pointe Drive in Montgomery, AL.  The Buyer was Montgomery Senior Housing, LLLP.  The property will be developed in two (2) phases as the Willow Oak Trace Apartments for Seniors.  The sales price was $772,947.76 ($77,063.59/AC.).

Mark Dauber has represented JP-8 COMM, LLC in the sale of 8 Commerce Street, Montgomery, AL.  The property consists of a ± 160,882 S.F. office building including a parking deck containing ±157 spaces. The Buyer was 8 Commerce Partners, LLC. The sales price was $3,300,000.00.

Lee Meriwether, CCIM recently represented Dr. Johnnie Strickland in the purchase of a ± 5,800 S.F. office building located at 5760 Carmichael Parkway in Montgomery, Alabama.  The sales price was $300,000.00 ($51.72/S.F.). 

John Stanley, CCIM has represented MR. MATTRESS, LLC in leasing ± 3,660 S.F. of retail space located on Enterprise Drive (TIGER TOWN) Opelika, AL.  The terms of the Lease are undisclosed. 

John Stanley, CCIM has represented The Langenberg Trust in the sale of three (3) platted commercial lots located at the corner of Vaughn Road and Lochfield Drive in Pike Road, AL.  The total size of the lots is 2.41 acres.  The Buyer was Georgiana Convenience, LLC.  The sales price for the three (3) was $625,000.00 ($5.95/S.F.).

John Stanley, CCIM has represented Robby and Rhonda Wilbanks in the purchase of property located at 70 Bell Road, Montgomery, AL.  The property consists of a ± 10,000 S.F. retail building.  The sales price was $425,000.00 ($42.50/S.F.).

John Stanley, CCIM has represented DBM Properties, LLC in leasing ± 1,942 S.F. of office space at 4209 Carmichael Road, Montgomery, AL. The Tenant is Thrive Trauma, Inc. The terms of the Lease are undisclosed.