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John Stanley, CCIM has represented 303 Samford Avenue, LLC, in the sale of a 3,275 S.F. office building located at 504 South Perry Street in Montgomery, AL. The Buyer is Alexander Shunnarah, LLC. The sales price was $312,500.00 ($95.42/S.F.).

John Stanley, CCIM has represented Sapphire Real Estate, LLC, d/b/a Physicians Choice Dialysis, in the purchase of a ± 1.31 ac. lot located at the corner of Atlanta Hwy. (U.S. 80) and Decker Lane, Montgomery, AL.  The Seller was Hammer, LGC, Inc. The sales price was $360,000.00 ($6.31/S.F.). 

John Stanley, CCIM has represented Boyd Enterprises, LLC in the sale of the 106 room Holiday Inn Express located at 9250 Boyd Cooper Parkway. The name of the Buyer is undisclosed. The sales price was $10,000,000.00 ($94,340/room).

John Stanley, CCIM has represented Trinity Hotels, LLC in the sale of the 101 room Candlewood Suites located at 9151 Boyd Cooper Parkway. The name of the Buyer is undisclosed. The sales price was $7,100,000.00 ($70,300/room).

Lee Meriwether, CCIM and John Stanley, CCIM represented Michael Windham in the sale of ± 9.7 acres located on North East Blvd., to the City of Montgomery. The sales price was $35,000.00. The property will be used to expand the City’s Lagoon Park.

Mark Dauber, Associate Broker, is pleased to announce the listing and subsequent sale of approximately 38.7 acres of agricultural land on Felder Road. The Seller was Mills Thornton and Priscilla Condon and the Buyer is Ed Frazier. The sales price was $100,000.00 ($2,585/AC.).

John Stanley, CCIM has represented HCS Properties, LLC in the leasing of ± 12,870 S.F. of office space located at 1241 Carwood Court, Montgomery, AL. The tenant is Wind Creek Hospitality. The terms of the lease are undisclosed.

Lee Meriwether, CCIM has recently completed the sale of ± 2 acres of land at the southeast corner of I-65 and Cobbs Ford Road, Exit #179. The sales price was $813,892.00. The property was zoned B-2 and will be developed as a Spring Hill Suites by Marriott.

Lee Meriwether, CCIM completed the sale of a multi-tenant office/warehouse building located at 882, 884 and 886 Plantation Way in Montgomery, Alabama. The building size was ± 20,504 S.F.; the lot size was ± 1.34 acres and zoned M-1. The Seller was Regions Bank and the Buyer was Capital Real Estate Holdings, LLC. The sales price was $450,000.00 ($21.93 S.F.).

John Stanley, CCIM has represented the Ida Belle Young Revocable Trust in the sale of ± 9.72 acre parcel of land located at 4525 Vaughn Road, Montgomery, AL. The Buyer is Clarence M. Ball, Jr. The sales price was $360,000.00 ($37,030/AC.).