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John Stanley, CCIM has represented Burl A. Edwards in the sale of a ±1,106 S.F. office building located at 6756 Taylor Circle, Montgomery, AL. The Buyer was Montgomery Properties 1, LLC. The sales price was $110,000.00 ($99.50/S.F.).
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.).
John Stanley, CCIM has represented Meritage Office Group, LLC in the sale of a 7,212 S.F. office building located at 6728-6732 Taylor Court, Montgomery, AL. The Buyer is HIJIN Properties, LLC. The sales price was $495,000.00 ($68.65/ S.F.).
Lee Meriwether, CCIM has represented WPB&B Associates, LLC in the sale of a ± 51,080 S.F. Office Building located at 3815 Industrial Park Drive, Montgomery, AL 39109. The Office Building was located on ± 2.08 Acres of land zoned B-4. The Sales Price was $2,000,000.00.
John Stanley, CCIM has represented Watson & Schendell Properties, LLC in the sale of a ± 4,178 S.F. office building located at 8325 - 8329 Crossland Loop in Montgomery, Alabama. The Buyer was Dirt Road Dreamhouse, LLC. The sales price was $395,000.00 ($94.54/S.F.) representing an 8.25 cap rate.
John Stanley, CCIM and Lee Meriwether, CCIM have represented J & H Investments, LLC in the sale of a 14,892 S.F. medical office building located at 2601 – 2611 Woodley Park Drive in Montgomery, Alabama. The sale was a “Bargain Sale” of the property to HBCU Alliance Partners. The sales price and terms of the sale are undisclosed.