Description of this article
John Stanley, CCIM has represented Montgomery Colonial Property, LLC in the leasing of 4,907 RSF of office space at Capitol Commerce Center to XPO Logistics, LLC. The terms of the lease are undisclosed.
John Stanley, CCIM has represented Synovus Bank in the sale of a ± 24,980 S.F. office/warehouse property located on ± 2.32 acres at 723 No. Perry St., Montgomery, AL. The Buyer was Riverfront Developers, LLC. The sales price was $90,000.00.
John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the leasing of 1,500 S.F. of office space at 8325 Crossland Loop. The Lessee is America’s Center for Foreign Investment, LLC. The terms of the lease are undisclosed.
Nim Frazer, SIOR has represented Innovative Capitol Advisors, LLC in the leasing of a ± 23,032 S.F. office/warehouse property located at 1130 Emory Folmar Blvd. The tenant will be Interior/Exterior Building Supply. This is a new company locating its business in Montgomery with a schedule occupancy in October, 2012. The terms of the lease are undisclosed
Mark Dauber has represented PNC Bank in the sale of a 6,261 S.F. office building located at 1318 Pike Road, Pike Road, AL. The sales price was $290,000.00. The Buyer was D & H Partners, Ltd
John Stanley, CCIM has represented Stivers Realty, L.C. in the purchase of a 9,081 S.F. office/warehouse property located at 4060 East South Boulevard. The sales price was $260,870 ($28.73/S.F.). The Property is zoned M-1.
Mark Dauber has represented GLIC Real Estate Holdings, LLC in the sale of a +/-18,400 S.F. office building located at 2450 Presidents Drive, Montgomery, AL. The sales price was $245,000.00. The buyer is The Open Door Christian Faith Church.
Lee Meriwether, CCIM has represented CIT Small Business Lending Corporation in the sale of a 2,911 S.F. office building and an adjacent ± 36,301 S.F. vacant lot located at 1760 Platt Place. The total sales price for both parcels was $390,000.00.
Lee Meriwether, CCIM has represented Kirkland Enterprises in the sale of a 10,000 S.F. office building located at 4719 Woodmere Blvd. The sales price was $900,000.00 or $90.00/S.F. The building will be owned and occupied by The Alabama West Florida Conference of the United Methodist Church.