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Lee Meriwether, CCIM and John Stanley, CCIM have sold ± 31.05 acres located on Park Crossing Drive at New Park.  The property will be developed as Phase IV of the Jubilee subdivision.  The Seller was  New Park Development Company, LLC and the Buyer is SMB Land, LLC. The Sales price was $776,500.00 ($25,000.00/AC.). 

John Stanley, CCIM has represented The Heritage Summit, LLC in the purchase of ± 1.08 acres located at the corner of Taylor Road and Halcyon Summit Dr., Montgomery, AL.  The property will be developed as a ± 2,900 S.F. QSR.  The sales price was $355,725.00 ($7.56/S.F.). 

John Stanley, CCIM has represented The Heritage Summit, LLC in the purchase of ± 4.02 acres located at the corner of Taylor Road and Halcyon Summit Dr., Montgomery, AL.  The property is Zoned B-2 and will be developed as a ± 7,259 S.F. Z-TEC Convenience Store/gas station with end-cap restaurants. In addition, a free standing ±6,500 S.F. GOAT Bar & Grill will be developed.  The sales price was $2,456,885.00 ($14.00/S.F.).  

Lee Meriwether, CCIM, recently represented Khairo Luxe Hotels, LLC,  in the purchase of 2.14 acres of land along Rocky Mount Road in Prattville, AL.  The site is North of Bass Pro Shops and also adjoins I-65.  The site will be developed as a Motel.  The Sales price was $749,400.00 ($8.04/S.F.). 

John Stanley, CCIM has represented Jere L. Beasley, Sr. in the purchase of ± 14.06 acres located on Ray Thorington Road, Montgomery, AL.  The property is Zoned PUD - Church Use and adjoins the Deercreek Subdivision.  The sales price was $324,500.00 ($28,080.00/AC.).  

John Stanley, CCIM has represented Jere L. Beasley, Sr. in the purchase of ± 14.06 acres located on Ray Thorington Road, Montgomery, AL.  The property is Zoned PUD - Church Use and adjoins the Deercreek Subdivision.  The sales price was $324,500.00 ($28,080.00/AC.).  

John Stanley, CCIM has represented ATL242, LLC in the purchase of ± 78.31 acres located on Atlanta Highway in Montgomery, AL. The property will be developed by Lowder New Homes, Inc. as a single family residential neighborhood, known as HAWTHORNE, consisting of 70�,60�, 50� and 28� lots. The sales price was $1,174,650.00 ($15,000.00/AC.).

John Stanley, CCIM has represented ATL242, LLC in the purchase of ± 78.31 acres located on Atlanta Highway in Montgomery, AL. The property will be developed by Lowder New Homes, Inc. as a single family residential neighborhood, known as HAWTHORNE, consisting of 70’,60’, 50’ and 28’ lots. The sales price was $1,174,650.00 ($15,000.00/AC.).

John Stanley, CCIM has represented H D & D Land Company, LLC in the sale of a ± 4.25 acre parcel located at the corner of U.S. Hwy 31 and Hwy 82. The property is zoned B-2 and will be developed for commercial/ retail use. The Buyer is THIYA, LLC. The sales price was $520,000.00 ($2.81/S.F.).

John Stanley, CCIM has represented Georgiana Convenience, LLC in the purchase of ± .90 acres located at Exit 16 and I-85 in Pike Road, AL.The Seller was the Estate of Kawana Ledford.The property is zoned B-2 (Business).The sales price was $230,000.00 ($5.87/S.F.).