Today, 9.97 acres of land on the corner of Airline Highway and Babin Road in Gonzales were sold for $3,400,000.00. Chris Pike of Saurage Commercial Real Estate represented the seller, D. Calloway Properties, Inc, and the buyer, Glocal Development, LLC, a Delaware corporation, was represented by Kelly Allen and Tony Demarco of NAI/Latter & Blum. The tract has approximately 425 feet of frontage on Airline Highway including the hard corner. Previously this year an adjacent one acre tract was sold for use as an Enterprise Rent-A-Car. The buyers have not disclosed their intended use for the property, but we look for plans to be revealed later this year.
Saurage Commercial Real Estate was founded in Baton Rouge in 1991 with the purpose of providing exceptional real estate services with an emphasis on commercial property and property management. Saurage Commercial Real Estate offers to its clients a full range of real estate services including brokerage, investment advising, development consulting, REO disposition specialists, asset management, fee based consulting, tenant representation, and buyer representation. The staff of professionals includes combined experience of 50 years, as well as CCIM Designees and Candidates and recipients of Master of Business Administration.