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Lee Meriwether, CCIM recently represented S & S Partnership, LLC in the sale of a ± 5,000 S.F. office/warehouse building located at 5991 Monticello Drive.  The property is zoned B-2.  The sales price was $240,000.00 ($48.00/S.F.). 

John Stanley, CCIM has represented J&R Enterprises, LLC in the sale of a 6,000 S.F. office building located at 3430 – 3436 Kessinger Drive.  The Buyer is Hazrat Omar Islamic Center, Inc.  The sales price was $320,000.00 ($53.33/S.F.). 

John Stanley, CCIM has represented Turner & Eaves, LLC in leasing ± 1,900 S.F. of retail space located at 9174 Boyd Cooper Parkway.  The Lessee is Craft Closet Montgomery, LLC.  The terms of the lease are undisclosed.

Lee Meriwether, CCIM recently completed the sale of a ± 1.34 Acre commercial lot located along South Edgewood Drive in Millbrook, AL.   The lot was zoned C-2.  The sales price was $40,000.00

John Stanley, CCIM has represented Alabama Home Builder’s Self Insurers Fund in leasing ± 4,745 S.F. of Class “A” office space at Halcyon Pointe I, 7515 Halcyon Summit Drive.  The tenant is Alabama Tax Tribunal.  The terms of the lease are undisclosed.

Mark Dauber has represented John Tampa, D/B/A Montgomery Water Works, LLC, in the purchase of 22 Bibb Street known as the historic Murphy House (± 14,400 S.F.) and 116 Coosa Street (± 56,000 S.F.).  The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery.  The sales price was $2,400,000.00.  Both properties will soon be renovated as a five-star “boutique hotel” and “destination restaurant”. 

Lee Meriwether, CCIM and, John Stanley, CCIM sold ± 98.77 acres located in the Glennbrooke Subdivision in Prattville, AL.  The Seller was Greenacres, LLC and Greenacres II, LLC and the Buyer is SMB Land, LLC. The sales price was $1,040,000.00 ($25,000.00 / usable acre). 

John Stanley, CCIM has represented Paul J. Spina, Jr. in the sale of an office / warehouse building located at 1064 Monticello Park.  The building contains ± 4,954 S.F. of office space and ± 1,500 S.F. of warehouse space.  The Buyer is Auburn Pride Properties, LLC.  The sales price was $300,000.00 ($46.48/S.F.). 

John Stanley, CCIM has represented Montgomery East, Inc. in the sale of a ± 37,500 S.F. lot located on North East Boulevard, Montgomery, AL.  The Buyer is Premier Holdings, LLC.  The property will be developed as a Popeye’s Restaurant. The sales price was $362,500.00 ($9.67/S.F.). 

John Stanley, CCIM has represented Dr. Michael LeGrand in leasing ± 2,560 S.F. of office space located at 8326 Crossland Loop.  The tenant is Varicosity Vein Center.  The terms of the lease are undisclosed.