Home

John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a 4,167 S.F. restaurant property located at 5471 Atlanta Highway, Montgomery, AL.  The Buyer was Georgiana Convenience, LLC.  The tenant is El Jalisco Mexican Restaurant.    The sales price was $625,000.00 ($150.00/S.F.) representing an 8.6% cap rate.

John Stanley, CCIM has transacted the sale of two (2) buildings totaling ±25,650 S.F. on ± 2.75 acres located at 3040 East Boulevard in Montgomery, AL.  The Sellers were Jan S. Hogan and Leah S. Dubberly.  The Buyer was Stivers Realty, LLC.   The sales price was $600,000.00 ($23.40/S.F.).

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.35 Acre vacant commercial lot fronting Chantilly Parkway in Montgomery, AL.  The property is zoned B-2.  The sales price was $400,000.00 ($6.80/S.F.). 

John Stanley, CCIM has represented Schilleci Eastchase, LLC in negotiating a new long-term lease with El Taco Shop, Inc. for an expansion of its space to 3,356 S.F. at 3267 Malcolm Drive, in Montgomery, AL. The terms of the Lease are undisclosed. 

John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.85 acres located on Eastchase Parkway in Montgomery, AL.  The Buyer was RAM Montgomery Hospitality Two, LLC.  The property will be developed as a four (4) story, 96 room, Residence Inn by Marriott.  The sales price was $813,784.00 ($6.56/S.F.).

John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.45 acres located on Eastchase Parkway in Montgomery, AL.  The Buyer was RAM Montgomery Hospitality Three, LLC.  The property will be developed as a four (4) story, 97 room, Home2 Suites by Hilton.  The sales price was $1,032,992.00 ($9.68/S.F.).

John Stanley, CCIM has represented Cotton Field Place, LLC and A.J. McLemore Development Properties, LLC in the sale of a ± 10.03 acre multifamily property, zoned R-65-M, located on Halcyon Pointe Drive in Montgomery, AL.  The Buyer was Montgomery Senior Housing, LLLP.  The property will be developed in two (2) phases as the Willow Oak Trace Apartments for Seniors.  The sales price was $772,947.76 ($77,063.59/AC.).

John Stanley, CCIM has represented MR. MATTRESS, LLC in leasing ± 3,660 S.F. of retail space located on Enterprise Drive (TIGER TOWN) Opelika, AL.  The terms of the Lease are undisclosed. 

John Stanley, CCIM has represented The Langenberg Trust in the sale of three (3) platted commercial lots located at the corner of Vaughn Road and Lochfield Drive in Pike Road, AL.  The total size of the lots is 2.41 acres.  The Buyer was Georgiana Convenience, LLC.  The sales price for the three (3) was $625,000.00 ($5.95/S.F.).

John Stanley, CCIM has represented Courtesy Automotive Group, Inc. in the sale of 505 East Boulevard, Montgomery, AL. The Property consists of a ± 4,500 S.F. building located on ± 1.72 acres.  The Buyer was Skipper Moses, LLC.  The sales price was $1,300,000.00.