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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”. 

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.). 

Nim Frazer, SIOR recently completed the lease of a 15,400 S.F. warehouse space located at 3454 Hayneville Road, Montgomery, AL.  The Lessor is Loeb Lands, Inc. and the Lessee is Pinnacle Logistics System.  The terms of the lease are undisclosed.

Lee Meriwether, CCIM and John Stanley, CCIM have sold two (2) commercial lots located on Taylor Road and Malcolm Drive.   Both lots total 76,090 S.F.  The Seller was RL REGI Alabama, LLC and the Buyer is 303 Samford Avenue, LLC. The sales price was $255,000.00 ($3.35/S.F.). 

Lee Meriwether, CCIM and John Stanley, CCIM have sold two (2) commercial lots located on Taylor Road and Malcolm Drive.   Both lots total 76,090 S.F.  The Seller was RL REGI Alabama, LLC and the Buyer is 303 Samford Avenue, LLC. The sales price was $255,000.00 ($3.35/S.F.). 

John Stanley, CCIM has represented MereSam, LLC in the purchase of a ± 6.74 ac. lot located on Air Base Boulevard, Montgomery, AL.  The lot is specifically located in the Montgomery Industrial Terminal.  The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery. The sales price was $67,400.00 ($10,000/AC.). 

Lee Meriwether, CCIM and John Stanley, CCIM have sold two (2) commercial lots located on Taylor Road and Malcolm Drive.   Both lots total 76,090 S.F.  The Seller was RL REGI Alabama, LLC and the Buyer is 303 Samford Avenue, LLC. The sales price was $255,000.00 ($3.35/S.F.). 

John Stanley, CCIM has represented John Wayne Harlow and John E. Harlow in the sale of a ± 21,435 S.F. lot located at the corner of North Goldthwaite Street and Bibb Street in Montgomery, AL. The lot is zoned T-5. The sales price was $240,000.00 ($11.20/S.F.).

John Stanley, CCIM has represented 303 Samford Avenue, LLC in the purchase of a ± 25,650 S.F. lot located at the corner of Mildred Street and Virginia Avenue in Montgomery, AL. The lot is zoned T4-O. The sales price was $90,000.00 ($3.50/S.F.).

Nim Frazer, SIOR recently completed the sale of a ±110,000 S.F. warehouse building, located on ± 27 acres located at 3630 Capitol Plaza Dr., Montgomery, AL. The lot is zoned M-3 The Seller was Billie Claire Watson Mangum. The Buyer is Waste Recycling, Inc. The sales
price was $800,000.00 ($7.27/S.F.).