Description of this article
John Stanley, CCIM and Lee Meriwether, CCIM have sold a ± 4,521 S.F. medical office building located at 226 Mitylene Park Dr., Montgomery, AL. The Seller was Oakleaf, LLC and the Buyer was ZSC, LLC. The sales price was $625,000.00 ($138.25/S.F.).
John Stanley, CCIM has represented AJB Properties, LLC in the sale of a ± 6,432 S.F. medical office building located at 214 Mitylene Park Dr., Montgomery, AL. The Buyer was PMMD Properties, LLC. The sales price was $1,110,000.00 ($172.57/S.F.).
John Stanley, CCIM has represented Capitol Container, Inc. in the purchase of an office/warehouse property located on 5.48 acres at 6020 Monticello Drive in Montgomery, AL. The primary building consists of ± 5,250 S.F. of improved office area, and ± 36,250 S.F. of warehouse area with loading docks. A secondary building consists of ± 12,500 S.F. of warehouse area. The sales price was $1,675,000.00 ($31.00/S.F.).
Lee Meriwether, CCIM recently sold a ± 2,500 S.F. office building located at 5795 Carmichael Parkway, Montgomery, AL. The Seller was the William J. Cook Revocable Trust, and the Buyer was CP Corner, LLC. The Sales price was $169,000.00. The building was vacant at the time of the sale.
John Stanley, CCIM has represented Ortho Property Investment I, LLC in the sale of a ±8,442 S.F. medical office building located at 488 St. Lukes Drive, Montgomery, AL. The Buyer was The Cedar Hills Group, LLC. The sales price was $900,000.00 ($106.60/S.F.).