Glass Masters buys Jetstream Rubber Building on Airline Highway

The building at 8056 Airline Hwy., formerly home to Jetstream Rubber—an auto repair and tire center for two generations—has been purchased by Glass Masters. The sales price was $300,000, or $23.45 per square foot, for the 12,792-square-foot building. The deal closed on Nov. 6, with the purchase completed by Glass Masters’ real estate holding company known as Property Ventures of Marin Inc. The seller was Thomas Deavers, the second-generation owner of Jet Stream. “The new owner will occupy the first 3,500 to 4,000 square feet and lease the remaining area in the back,” says Scot Guidry of Mike Falgoust & Associates, who brokered the transaction. The building is in need of a paint job and roof repair, and the interior will be rehabilitated to facilitate the Glass Masters windshield replacement operation. “The building needs a little TLC, says Guidry, “but the location was perfect for Glass Masters, and the building layout allows them to lease the area they don’t need.” He adds, “It is situated on a 100-by-500-foot site, so there is plenty of area to expand.” Headquartered in Oakland, Calif., Glass Masters operates roughly 70 locations nationwide, including one in Baton Rouge on Jefferson Highway. The company’s Airline location is expected to open by the Dec. 1.