Will Adams, IV, CCIM, and Michele Casi, CPM, successfully brokered the sale of 530 S Eugene Street, Baton Rouge, LA, a single-tenant 3,964 square foot retail block building located off of Government Street. They worked with the Owner since acquisition to preserve and build wealth through comprehensive property management and leasing during ownership, a planned disposition of the property, and a strategic reallocation of capital utilizing a 1031 Exchange.
The neighboring property owner, Ragusa’s Automotive, represented by Beau Box and Austin Lolan, purchased the property to complete a critical land assemblage, increasing his footprint in the neighborhood.