Walmart, through its real estate business trust, has purchased a roughly 5.8-acre tract at the corner of La. 16 and Vincent Road in Denham Springs, on which it plans to develop one of its neighborhood market stores, which are smaller than its usual retail stores. Walmart also plans to develop a gas station on the site. The retail giant paid $1,392,...
Derbes Falgoust
Gulf South Commercial Real Estate Team
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In a deal that closed this afternoon, Baton Rouge-based Investar Bank purchased a 0.8-acre lot at Commerce Centre––a commercial park in Prairieville located on the southwest corner of Airline Highway and Commerce Centre Drive, across from La. 42––for $550,000. The bank intends to immediately begin construction on a full-service branch at the site, ...
The developers of Bluebonnet Palms Office Park will soon break ground on its sixth office building, which will be owned and occupied by a law firm, says Chris Pike, an investment and development specialist at Mike Falgoust & Associates who represents the office park. Under Bluebonnet HP Holdings LLC, the firm has filed its plan review applicati...
The third office building at Market Plaza Office Park on Coursey Boulevard has been sold, says Chris Pike, an investment and development specialist at Mike Falgoust & Associates who represents the speculative development. The same limited liability company that purchased the office park's first two buildings—Coursey Condos LLC—purchased the mos...
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