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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.).

Lee Meriwether, CCIM recently represented First Community Bank of Central Alabama in the sale of a commercial lot on Highway 14 in Millbrook, AL. The site is located across from the Walmart Supercenter and the sales price was $185,000.00.

Lee Meriwether, CCIM recently completed the sale of a ± 1.38 Acre commercial lot at the corner of Cobbs Ford Road and South Edgewood Drive in Millbrook, AL. The lot was zoned C-2. The sales price was $175,000.00.

Lee Meriwether, CCIM and Nim Frazer, SIOR have sold a ± 1.20 acre lot located on Taylor Road, Montgomery, AL. The Seller was RL REGI II Alabama, LLC. The Buyer is Jong IL Kim. The sales price was $175,000.00 ($3.35/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).

John Stanley, CCIM has represented Kaiya 003, LLC in the purchase of the former Ruby Tuesday property located at 789 Business Park Dr., Prattville, AL. The building is 3,491 S.F. and the lot is 1.26 acres. The Buyer plans to remodel the building for use as another national chain restaurant. The Seller was Ruby Tuesday, Inc. The sales price was $825,000.00 ($236.32/S.F.).

John Stanley, CCIM has represented Milo’s RE II – Montgomery Eastchase, LLC in the sale of a ± 1.30 acre lot located at 8739 Eastchase Parkway, Montgomery, AL.   The usable S.F. of the lot is 43,107 S.F.  The Buyer is DLC Properties, LLC.  The sales price was $560,000.00 ($13.00/usable S.F.).