People on the Move: Mike Falgoust & Associates names managing broker; Kean Miller announces partnerships Daily Report StaffJanuary 22, 2018  Scot Guidry has been named managing broker of Mike Falgoust & Associates, according to the Moving Up section in the current issue of Business Report. Guidry, who received his CCIM designation in 2...

PacTec opens Baton Rouge manufacturing facility Daily Report Staff January 17, 2018 PacTec Inc., a Clinton-based firm that designs and manufactures packaging for the waste and transportation industry, has expanded to Baton Rouge with the opening of a manufacturing facility on O’Neal Lane near Interstate 12. The facility will fabricate the company’s...

An office in the Oaks at Bluebonnet Office Park has sold for $815,000 in a deal that closed Thursday.  EJW Properties bought the three-unit office building, between Oliphant Road and Jefferson Highway, from T.A. Breaux Investments LLC, represented by Scot Guidry of Mike Falgoust & Associates.  The seller previously occupied ...

Dominos is the first tenant in The Wesley, a new shopping center on West Lee Drive that is set to open next month. The pizza chain will take up about 1,750 square feet in the center at 1072 W. Lee Drive, said Grey Hammett III, of Mike Falgoust and Associates Commercial Real Estate. Hammett and Andrew Littlefield are handling leasing for the 7,500-s...

The owner of Shamrock Pipe Tools, at 11210 Choctaw Drive, has paid $500,000 for the warehouse his company has leased for at least the last three years. In a deal that closed today, Patrick Crane purchased the building through a Nevada-registered limited liability company named 11210 Choctaw Drive LLC, according to records documenting the sale. The ...

CMC Corporate Solutions, a company that maintains commercial air conditioning and heating systems, has purchased a building at 7070 Exchequer Dr. that will serve as its new offices. Property transfer records show A&P Real Estate Holdings, LLC paid $995,000 for the building, a former Knights of Columbus Hall.  The principals of A&P are ...

Kean’s and NEAC Compressor Service have moved their offices into the Buckhead Business Center off South Sherwood Forest Boulevard. Kean’s has relocated from a 10,000-square-foot space on O’Neal Lane into a 3,000-square-foot space at 4545 South Sherwood Forest, said Grey Hammett, of Mike Falgoust and Associates, who brokered the deal. The Kean’s off...

https://www.businessreport.com/article/jamestown-avenue-office-complex-baton-rouge-sells-1-2m A company represented by commercial real estate developer Mike Falgoust has sold a multitenant office complex with three single-story buildings at 4521 Jamestown Ave. to Covington investors for $1.2 million. The complex is located off Bennington Avenue, ne...

Managing Broker, Grey Hammett gives his projection of commercial real estate in Baton Rouge. https://issuu.com/batonrougebusinessreport/docs/rer_2016_flipbookwtabs

Relief Windows has purchased a 7,300-square-foot building at 11236 Pennywood Ave. Owner Brandon Hollie, through a new limited liability company called PJH Holdings LLC, bought the building from J.B. Levert Land Co. in a sale that closed Feb. 4 for $600,000, or about $82.20 per square foot. The property, situated in Cloverland Industrial Park betwee...

Needing to complete a 1031 exchange, a Baton Rouge investor closed Friday on the purchase of Unit A in the Bluebonnet Palms Office Park for $1.2 million, or $200 per square foot. John Cooper, who also owns another building in the office park, and his wife, Helen Cooper, purchased the 6,000-square-foot condo from 4210 Bluebonnet Blvd LLC, represente...

KCE Properties LLC has purchased a small office warehouse building at 6951 N. Merchant Drive, next to the Baton Rouge Industriplex subdivision in Commerce South subdivision, from BPJK Ventures LLC. Grey Hammett, managing broker for Mike Falgoust and Associates, brokered the sale, which closed Nov. 24 for $367,000, or about ...

A 1.6-acre site next to the Premier Lanes bowling and family entertainment center in Broussard has been sold for $533,501. Rickey Bourgeois, vice president of Malco Theaters, which operates Premier Lanes, said he purchased the land to provide additional parking and green space around the $8 million bowling alley, set to open in November 2016. “This...

Baton Rouge developers Corbin Ladner and Jamison Chauvin are poised to begin construction in the next few weeks on a 24-unit townhouse complex on Jefferson Highway near Hoo Shoo Too Road, across the street from the Willowbrook commercial center that’s under construction. Mallard Cove Townhomes will be situated on 2.8 acres the duo purchased a few w...

The parent company of SBS Construction has purchased an office warehouse at 38418 Airline Hwy. in Prairieville for $429,000, or about $85 per square foot, with plans to renovate and occupy the building. The building had been occupied for over 10 years by HMT Tank Services before the company relocated to a larger facility on La. 30. “The b...

A 4,400-square-foot office warehouse in the Industriplex has sold for $367,000.   KCE Properties LLC bought the building at 6951 North Merchant Drive in a cash deal that closed Monday, said Grey Hammett, managing broker for Mike Falgoust and Associates. Hammett represented the buyer and the seller, BPJK Ventures LLC, both of which are based in...

Grey Hammett, Managing  Broker for Mike Falgoust and associates, said  that 6951 North Merchant Dr. next to Industriplex in Commerce South Subdivision,  sold yesterday for $ 367,000 dollars.  Hammett said “ There is nothing for sale in the Industriplex or Cloverland area under 5,000 sq ft. With today’s low interest rates it is c...

Whether you own commercial or residential properties, real estate investment is a huge responsibility. As an income source, owning several properties can be one of the smartest financial decisions you can make. Owning rental properties does come with its fair share of issues, however, and this can quickly become more than a single person - or even ...

When your business requires physical expansion, one of the most important decisions you will make is whether to lease or buy a new space. Apart from obvious considerations such as location and the size of the facility, there are many different issues a business must look at before making this crucial decision. Companies need new space for different...

You know they're out there. There are signs all over town, once you start to look. So many different real estate agents to choose from; how do you find the person that is going to help you find the right space for your business? One way to start is to make note of the names on those signs, especially in the area you're interested in locating your b...