Bobby Box and Will Adams, CCIM, of Property One, Inc., successfully represented the Seller in repositioning and selling this asset, located at 15840 Florida Blvd. in Baton Rouge, LA for $349,000. They created value by working with tenants on owners’ behalf to renegotiate the lease form and rental amount to market rates while extending the term. The new lease terms provided an attractive return to the market, quickly catching the attention of an investor. From an accepted contract to closing was 12 days.
Joe Moore of REMAX First Commercial represented the buyer.
