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...

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...

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...

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...

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...