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John Stanley, CCIM has represented 3P Properties, LLC in the sale of a ±7,125 S.F. office/ warehouse building located at 350 East Mendel Parkway, Montgomery, AL.  The building consists of ± 1,380 S.F. of office space and ± 5,745 S.F. of warehouse space.  The Buyer was GridOps, LLC.  The sales price was $295,000.00 ($41.40/S.F.)

Lee Meriwether, CCIM recently completed the sale of a multi-tenant office building located at 4171 Lomac Street in Montgomery, Alabama.   The lot size was ± 30, 160 S.F. and the building ± 7,000 S.F.   The sale price was $245,000.00 ($35.00/S.F.).  The building was vacant at the time of the sale.

Mark Dauber has represented P & B, LLC in the sale of a ± 7,000 S.F. office / warehouse property located at 619 E. Jefferson Street, Montgomery, AL.  The Buyer was Backstage Ventures, LLC.  The sales price was $285,000.00 ($40.70 / S.F.).

John Stanley, CCIM has represented Truist Bank in the sale of a 5,850 S.F. retail / warehouse property located at 1851 Mount Meigs Road, Montgomery, AL.  The Buyer is Keystone International Investments, LLC.  The sales price was $112,350.00 ($19.24/S.F.)

Mark Dauber has represented Lomax, LLC in the sale of the Lomax Mansion, Circa 1848, located at 235 So. Court Street in Montgomery, AL.  The Property is zoned T-5 (office / live-work) and consists of a ± 8,500 S.F. building located on a ± 25,480 S.F. lot.  The sales price was $525,000.00.  The name of the Buyer is undisclosed.

John Stanley, CCIM has represented the Alabama Home Builders Self Insurers Fund in leasing ± 4,469 RSF of Class “A” office space located at Halcyon Pointe III.  The Tenant is Marion Bank & Trust Company.   The terms of the lease are undisclosed.  

John Stanley, CCIM has represented Jackson Hospital & Clinic in leasing ± 3,500 S.F. of medical office space located at 128 Mitylene Park Lane in Montgomery, AL.  The terms of the lease are undisclosed.  

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a 4,320 S.F. office building located at 1761 – 1763 Taliaferro Trail, Montgomery, AL.  The Buyer was Georgiana Convenience, LLC.  The sales price was $390,000.00 ($90.28/S.F.)

John Stanley, CCIM has represented FSEB, LLC in the sale of ± 9.6 acres located on East Boulevard, Montgomery, AL.  The Buyer is H.K. Padhiar.  The property is zoned B-3 (Business) and will be developed by the Buyer.  The sales price was $400,000.00 ($1.00/S.F.)

John Stanley, CCIM has represented Mr. Mattress, LLC in leasing ± 3,300 S.F. of retail space located at 6511 Atlanta Highway, Montgomery, AL.  The opening of Mr. Mattress at this location is scheduled for early November 1, 2020.  The terms of the lease are undisclosed.