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).