- September 21, 2016
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SVN | Graham, Langlois & Legendre is proud to announce the sale of 412 Avenue B in Bogalusa, Louisiana. The 21,682 square-foot retail center, currently occupied by Family Dollar, Sears and a CPA office, was purchased by a Baton Rouge investment group on September 16 2016.
Just Sold: The SVN | GLL Team Collaborates on Retail Center Sale
SVN | GLL Managing Director Ben Graham, CCIM and Advisor Peter Dumaine worked together to facilitate the retail center sale. This sale presented a fantastic opportunity for investors due to strong market fundamentals and a strategic location. The retail center is strategically located at the entrance to the International Paper Mill in Bogalusa.
“The center was a very attractive investment due to its stable occupancy and strong return provided to the Buyer,” says SVN | GLL Managing Director Ben Graham, CCIM. “The Bogalusa retail submarket is quite stable right now, offering high occupancy rates and affordable rents for most retailers.”
Congratulations again to Ben Graham and Peter Dumaine on another SVN | GLL success!
To learn how the experienced SVN | GLL team can get the most value out of your asset or to inquire about available commercial properties in and around the Baton Rouge market, contact 225-367-1515.
About Us – The team at SVN | Graham, Langlois & Legendre has over 99-years of combined experience helping clients across the Baton Rouge market get the most value out of their CRE investment. Contact one of our dedicated CRE professionals today with any questions you may have and start seeing the returns in a market that will make sure to give today, tomorrow and for the extended future. To reach us, you can call us at 225.367.1515 or you can send us a message on our website. You can also follow us on Twitter at @svngll or on Facebook.