Chemical plant cleaning firm Delta Tech Services looked for a new spot for its headquarters for more than four months before settling on a 2.5-acre site in St. Gabriel. The site includes three buildings totalling roughly 17,500 square feet, as well as yard storage.
“They had been renting a building in Ascension (Parish) and were looking to own something,” says Joe Moore with RE/Max First, who represented the firm in the purchase. “The three buildings were designed for industrial manufacturing so they fit perfectly with Delta Tech’s service industrial cleaning operation.”
As first reported by Daily Report, the sale closed on Jan. 9 for $990,000. The sales price works out to about $56.50 per square foot. Delta Tech bought the property and warehouse buildings at 3525 Delta Drive from Petrous Properties. The buildings include overhead cranes and a three-phase heavy electric system.
“We did not market the property for more than about six months, and we had pretty strong interest,” says Chris Gremillion of NAI/Latter & Blum Commercial Real Estate, who represented the seller in the deal.
With the buy, Delta Tech has purchased more real estate than the company currently needs, and the additional square footage will allow it to expand operations even further. The cleaning firm, which hopes to move into the new location by May, intends to renovate the office and upgrade the yard storage area.
