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...