Timothy Boone for the Baton Rouge Business Report | July 2008 

Synergy Bank of Houma has purchased a Prairieville site on Airline Highway just south of La. Highway 42 for $932,240. The site, which is a little more than one acre, is located in front of the Bullion Crossing development, says Gary Binns of Coldwell Banker Commercial, who represented the owners, Commerce Centre. Synergy Bank, which was represented by Hank Saurage of Saurage Commercial Real Estate, plans to build its first Capital Region branch on the site. This is the second major sale for Commerce Centre; earlier this year the developers sold a piece of property across Airline from the bank site to Saamia Development. Construction is set to start soon on a 290-lot subdivision that will be built behind the commercial projects, Binns says.

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.