Baton Rouge, Louisiana – Tracts formerly known as Tracts A and B were sold today by heirs of the Nick Messina to DB Midway, LLC. Tract A is located between I-10 and Summa Avenue; Tract B is located between Summa and Picardy Avenue; both tracts are approximately fifteen acres and adjacent to properties owned by Baton Rouge General Hospital near Bluebonnet Boulevard. Tract A is also adjacent to the Lady of the Lake Children’s Hospital, now under construction. The sale price of the combined properties was $3.7 million.
Tract A will be traversed by the extension of Dijon Drive Extension; Midway Road will be constructed from an intersection with Dijon south crossing Summa and continuing to Picardy Avenue.
Buyers of the property have not disclosed specific plans for the properties.
The sellers were represented by Bill Jeansonne of Saurage Rotenberg Commercial Real Estate, LLC.
Bill Jeansonne, a native of Alexandria, Louisiana, received both his undergraduate degree and master’s in business administration (MBA) from Louisiana State University (LSU). Bill has 18 years experience in the commercial and industrial real estate business and 14 years experience in commercial and industrial warehouse design and sale of handling equipment. His specializations include commercial and industrial development, brokerage, and leasing, as well as lease negotiations and tenant build outs.
A Designee member of the Certified Commercial Investment Member Institute (CCIM), Bill’s professional memberships include Baton Rouge’s Commercial Investment Division (CID), the LSU MBA Alumni Association, a founding member of the board of managers for the Louisiana Commercial Data Base (LACDB), a member of Louisiana REALTORS® (LR), a member of the National Association of REALTORS® (NAR), and a member of the International Council of Shopping Centers (ICSC). Bill has also served as a president of CID, a chairman of the CID Trends Program, a chairman of the LSU MBA Alumni Association Louisiana Looking Up Program, and on the Baton Rouge Area Chamber (BRAC) Trends committee. His current civic affiliations and past service include board chairman of the Baton Rouge Speech and Hearing Foundation and president of the Capitol SERTOMA Club of Baton Rouge. He is currently a member of the Cadets of the Ole War Skule, an alumnus of Omicron Delta Kappa (OΔK), and a member of the Lakeshore Lions Club.
Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).