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John Stanley, CCIM has represented Beebe Fredrick, Jr. in the sale of a ± 9,436 S.F. office building located at 624 South Perry Street, Montgomery, AL. The Buyer was River Region United Way. The sales price was $442,500.00 ($45.05/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.).
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 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.
John Stanley, CCIM has represented JLJB, LLC in the sale of a ± 3,786 S.F. office building located at 458 So. Lawrence St., Montgomery, AL. The Buyer was NeSmith and NeSmith, LLC. The sales price as $222,000.00 ($58.64/S.F.)