Baton Rouge, Louisiana – Vanguard College of Cosmetology (VCC) announced its intentions to nearly double the size of its Baton Rouge campus in the spring of 2013. VCC’s owners, Lisa and Mark Palermo, along with John Paul Dejoria, represented by Hank Saurage, CCIM of Saurage Rotenberg Commercial Real Estate, LLC, acquired a 12,000 square foot building located at 12258 Coursey Boulevard. The building was formerly operated by the Land of Oz School and Day Care. The sale price was $435,000 and included the adjacent vacant lot at the Parkoaks. The property was owned by Pineda Properties, LLC represented by Bill Jeansonne, CCIM also of Saurage Rotenberg Commercial Real Estate, LLC.
The subject property sat vacant for several years. The new owners promise to take the existing dilapidated building and make it a jewel of the community. “This isn’t our first rodeo” says Mark Palermo. “We took a similar approach with the former Ruth’s Chris Steakhouse Headquarters in Metairie, LA, which sat empty and dilapidated for years.”
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 19 years experience in the commercial and industrial real estate business and 14 years experience in commercial/industrial warehouse design and sale of handling equipment. His specializations include commercial and industrial development, brokerage, and leasing, as well as lease negotiations.
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).