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Derbes Falgoust Commercial Real Estate

Cook: SBS Construction buys office warehouse in Prairieville

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...
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Industriplex office-warehouse sells for $367,000

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...
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North Merchant Office Warehouse Sells Quickly

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...
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5 Reasons to Hire a Property Management Company

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 ...
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Should Our Company Lease or Buy a Property?

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...
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How to Choose a Good Commercial Real Estate Agent

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...
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Benefits of Having a Business in Southern Louisiana

Just about everyone who has ever visited South Louisiana will tell you that you can find some of the best food in the world in just about any city or town in the region. If all commerce revolved around food, there is little doubt that businesses would flock here. But all kidding aside, there are some very good reasons to do business in this great s...
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Cook: La Carreta owners the latest to ink a lease at upcoming Prairieville shopping center

Construction continues on Commerce Centre 42 Retail, the 34,000-square-foot shopping center going up on Airline Highway in Prairieville, between Commerce Centre Drive and Market Place Drive. The most recent lease agreement in the center was made by the owners of the La Caretta Mexican restaurants, who will open a Tex-Mex concept on the end cap spac...
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Six buildings off Perkins, including home of Frankie Marcello’s, sell for $1.4M

The building that houses Frankie Marcello’s restaurant and five adjoining office condos in the the Bois de Chene office park at 7520 Perkins Road, near the Staring Lane intersection, have transferred hands from one investor to another in a deal that closed Thursday. The restaurant’s operations are not expected to be affected by the sale, and the co...
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Kirk's Tires sells Airline property for $3M, plans move to new location south of I-12

After more than 20 years in business at 9555 Airline Highway, Kirk's Tires and Accessories has sold its 58,000-square-foot property and is relocating to a new site on Airline, south of Interstate 12. Brewster Holdings Baton Rouge LLC, acquired the property from Kirk's in a transaction that closed Tuesday. The sale price was $3 million. Kirk's owner...
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