Description of this article
John Stanley, CCIM has represented GRIDOPS, LLC in the purchase of a ± 3,116 S.F. office /warehouse property located at 310 East Mendel Parkway, Montgomery, AL. The sales price was $200,000.00 ($64.18/S.F.).
Lee Meriwether, CCIM has recently represented J P Premier Enterprises, LLC in the sale of a ± 10,500 S.F. building located at 3300 East Blvd., Montgomery, AL. The building was originally developed as an Ethan Allen Furniture Store. It was later sold and used as the home-office for one of the largest Burger King franchisees in the country. This latest buyer will redevelop it as a Gerber Collision Center. The Property sold for $895,000.00 or $85.24/S.F.
Mark Dauber has represented Charles Nicrossi and Wonder Way Holding, LLC in the sale of 640 Columbus Street in Montgomery, AL. The property consists of ± 15,000 S.F. of land area with a ± 6,000 S.F. warehouse building. The Property is zoned T4-O. The Buyer is Standard Roofing of Montgomery, Inc. The sales price was $252,000.00 ($42.00/ S.F.).
John Stanley, CCIM has represented Synovus Bank in the sale of a ± 24,980 S.F. office/warehouse property located on ± 2.32 acres at 723 No. Perry St., Montgomery, AL. The Buyer was Riverfront Developers, LLC. The sales price was $90,000.00.