Tom Cook for the Baton Rouge Business Report | January 10, 2012
Bank Assets has sold a manufacturing facility at 39015 La. 74 in Gonzales to Sholar Rentals for $850,000, or about $29.50 per square foot. Larry Dietz, CCIM with Saurage Rotenberg Commercial Real Estate, brokered the transaction, which closed Dec. 30, representing both the buyer and seller. Sholar Rentals already owned a building next door, and purchased the facility for expansion of its industrial manufacturing operation. The 28,800-square-foot building is made up of approximately 10% office space and 90% warehouse space, and is situated on 2.8 acres. The building has a 20-foot eave height with multiple cranes and crane ways.
Larry Dietz, an associate broker with Saurage Rotenberg Commercial Real Estate, has over 30 years of Sales, Marketing and Public Relations experience. He is a Designee member of the Certified Commercial Investment Member Institute (CCIM) and CCIM Louisiana Chapter; a member of the Commercial Investment Division of the Greater Baton Rouge Board of REALTORS® (CID); as well as an affiliate member of the National Association of REALTORS® (NAR). He is a licensed real estate broker in Louisiana and Mississippi.
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).