On May 31, 2013 the 14-story office building located at 5700 Florida Blvd. was sold for $1,200,000. The property, consisting of 86,000 square feet and situated on 2.5 acres, is located near the Baton Rouge Community College Campus. The building’s use will remain mainly office with a portion slated to house a technical school operated by the new owner, Mid City Tower, LLC. Jim Allen, a commercial sales and leasing specialist with Saurage Commercial Real Estate, LLC brokered the transaction representing both the purchaser, Mid City Tower and the seller, Dean Building Holdings, LLC.
Jim Allen earned his bachelor’s degree from Baylor University in Waco, Texas and his masters from Louisiana State University. In addition to his multiple degrees he has taken numerous coursework in banking, marketing, accounting, and business law. As a complement to his sales experience, Jim also has 30 years experience in commercial real estate financing.
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).