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...

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...

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...

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...

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...

It's a market situation that gets real estate professionals excited: As supply and demand begin to converge, deals happen quickly and prices start to rise. The market for industrial space is approaching that point in parts of greater Baton Rouge as big plant expansions generate the first ripples of new business activity. "Demand is extremely high,"...

Event Holdings LLC, an affiliate of the Louisiana Culinary Institute, has purchased an office warehouse on a 1 acre site at the corner of Jefferson Highway and Arnold Road. The seller, Topaz of Louisiana Inc., was represented by Scot Guidry of Mike Falgoust & Associates Commercial Real Estate. The culinary institute was represented by Bobby Smi...