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Mark Dauber has represented JP-8 COMM, LLC in the sale of 8 Commerce Street, Montgomery, AL.  The property consists of a ± 160,882 S.F. office building including a parking deck containing ±157 spaces. The Buyer was 8 Commerce Partners, LLC. The sales price was $3,300,000.00.

Lee Meriwether, CCIM recently represented Dr. Johnnie Strickland in the purchase of a ± 5,800 S.F. office building located at 5760 Carmichael Parkway in Montgomery, Alabama.  The sales price was $300,000.00 ($51.72/S.F.). 

John Stanley, CCIM has represented DBM Properties, LLC in leasing ± 1,942 S.F. of office space at 4209 Carmichael Road, Montgomery, AL. The Tenant is Thrive Trauma, Inc. The terms of the Lease are undisclosed. 

John Stanley, CCIM has represented Mitylene Development, Inc. in selling a ± 30,714 S.F. office lot located in Mitylene Office Park.  The Buyer was Renal Associates of Alabama, LLC.  The sales price was $155,000.00 ($5.04/S.F.).

John Stanley, CCIM has represented Henry Fuqua in selling a ± 21,349 S.F. office lot located in Mitylene Office Park.  The Buyer was Renal Associates of Alabama, LLC. The sales price was $150,000.00 ($7.02/S.F.).

John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a      ± 4,330 S.F. office building located at 6765 – 6767 Taylor Circle, Montgomery, Alabama.  The Buyer was Georgiana Convenience, LLC.  The cap rate was 9.1%.  The sales price was $380,000.00 ($87.76/S.F.).

John Stanley, CCIM has represented Diverse Holdings, LLC in the purchase of a ± 1,948 S.F. office building located at 312 Scott Street in Montgomery, Alabama.  The sales price was $160,000.00 ($82.15/S.F.).

Lee Meriwether, CCIM recently represented Caton Properties Management Company, LLC in the sale of a ± 7,200 S.F. office / warehouse building located at 481 George Todd Court in Montgomery, Alabama.  The sales price was $325,000.00 ($45.15/S.F.).

John Stanley, CCIM has represented Marshall /Teel Properties, LLC in the leasing of ± 2,648 S.F. of office space located at 5923 Monticello Drive in Montgomery, AL.  The tenant is Federal Injury Center of Montgomery, LLC d/b/a Spinal Pain Center.  The terms of the Lease are undisclosed. 

Lee Meriwether, CCIM recently represented Schilleci Distribution Property, LLC in a long-term lease of ± 14,163 S.F. of office / warehouse space located at 2540 MidPark Drive in Montgomery, Alabama.  The tenant is MGC, Inc.  The terms of the lease are undisclosed.