Home

Mark Dauber has represented 60 Commerce, LLC in leasing ± 19,060 RSF of office space located at 60 Commerce Street in downtown Montgomery, Alabama.  The tenant is Alabama State Personnel Department. The terms of the lease are undisclosed.

John Stanley, CCIM has represented HD & D Land Company in the sale of  ± 92.25 acres  located on McQueen Smith Road in Prattville, Alabama.  The property will be developed as a single-family residential subdivision by the Buyer, SMB Land, LLC.  The sales price was $2,557,425.00 ($30,500/ac.) based on ± 83.85 usable acres. 

John C. Stanley, CCIM has represented East Boulevard Investments, LLC in the lease of 6,021 S.F. of Class “B” office space located at 2637 East Boulevard.  The Lessee is The Gift of Life Foundation, Inc.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented the Estate of Milton McGregor in the sale of a 31.3 acre parcel located on Vaughn Road.  The property is zoned for residential use.  The sales price was $140,000.00. 

John Stanley, CCIM has represented William R. Welch, et al in the sale of a ± 7.81 acre parcel of land located on U.S. Hwy 231 in Wetumpka, AL.  The Buyer is Nathan Ridge, Ltd.  The property will be developed as a 56 unit senior housing apartment complex.  The sales price was $550,000.00 ($70,425/AC.). 

John C. Stanley, CCIM has represented Auburn University at Montgomery (AUM) in the sublease of 11,193 RSF of Class “A” office space located at 445 Dexter Avenue, in downtown Montgomery.  The sublessee is the Alabama Department of Early Childhood Education.  The terms of the lease are undisclosed.

John C. Stanley, CCIM has represented Watson & Schendell Properties, LLC in leasing     ± 2,225 S.F. of office space located at 6767 Taylor Circle, Montgomery, AL.  The tenant is Gardenia Cove Mental Health, PC.  The terms of the lease are undisclosed.

John Stanley, CCIM has represented BB&T in the sale of a former branch bank facility located at 1415 Gilmer Avenue, Tallassee, AL.  The building is ± 2,722 S.F. located on a ± 1.27 acre lot.  The Buyer was MAX Credit Union.  The sales price was $295,000.00. 

John Stanley, CCIM and Nim Frazer, SIOR have represented CB&S Bank in the sale of a former branch bank property located at 3080 McGehee Road.  The property consists of a ± 3,601 S.F. building located on a ± 32,204 S.F. lot.  The Buyer is Massey Properties, LLC.  The property will be renovated as a Jim Massey Cleaners facility.  The sales price was $175,000.00. 

Nim Frazer, SIOR has completed the sale of ±2.07 acres of land at 4815 Birmingham, Highway, Montgomery, AL.  The property is an undeveloped lot with no improvements.  The sales price was $45,000.00.  The property will be used for a new business expansion opportunity by the adjacent property owner.  The property is zoned M-3.