10455 Jefferson Hwy, Suite 210 Baton Rouge, LA 70809
News

Derbes Falgoust Commercial Real Estate

Jamestown Avenue office complex in Baton Rouge sells for $1.2M

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, near College Drive and Interstate 10.

The seller is St. Cecile Investment Properties, represented by Falgoust. The buyer is Baton Rouge Jamestown Office Building, of Covington.

The sale was filed Tuesday in the East Baton Rouge Parish Clerk of Court Office.

Falgoust says the buyers purchased the 14,268-square-foot complex as an investment property. It has about 1,200 square feet of vacant space.

“We owned (the buildings) for 33 years, and it was time to sell,” Falgoust says.

Austin Earhart with Beau Box Commercial Real Estate represented the buyer.

Tenants of the complex include Volunteers of America Partnership in Child Care, Absolute Care Providers and Leading Health Care of Louisiana, Inc., among others.

 Article Provided by the Greater Baton Rouge Business Report  |  Alexandria Burris

Buckhead center gets Kean's, NEAC offices
OFF THE CHARTS | 2016 Business Report's Real Est...

By accepting you will be accessing a service provided by a third-party external to https://www.derbesfalgoust.com/

Recent Posts

Find Commercial Property Online

View the latest commercial real estate listings in Louisiana. Whether you are buying or leasing, search for properties online.

Search Listings

Look for commercial properties based on type, price, area and more.

For Sale

See what commercial properties are available for sale.

For Lease

Browse commercial properties available for lease.

Contact Us

Talk to a commercial real estate expert. Let us know how we can help!

Please enter your name.

Please enter a valid email address

Please enter a phone number

What can we help you with?