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Derbes Falgoust Commercial Real Estate

Choctaw Drive warehouse sells for $500K

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 ...
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Exchequer building sold for $995,000

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 ...
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Buckhead center gets Kean's, NEAC offices

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...
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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, ne...
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OFF THE CHARTS | 2016 Business Report's Real Estate Report

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Managing Broker, Grey Hammett gives his projection of commercial real estate in Baton Rouge. https://issuu.com/batonrougebusinessreport/docs/rer_2016_flipbookwtabs
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Cook: Relief Windows Buys New Building To Accommodate Growth

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...
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Bluebonnet Palms Condo Sells For $1.2M

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...
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Commerce South Building Sells

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 ...
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Site Bought for More Premier Lanes Parking

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...
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Townhome complex planned for Jefferson Highway near Hoo Shoo Too Road

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...
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