The Friends of Louisiana Connections Academy has purchased a 20,000-square-foot office building at 4664 Jamestown Ave. from Abdul R. Kahn for $1.6 million. The price per square foot calculates to about $80. Louisiana Connections Academy is an online charter school; it will utilize the building for its offices and administration. According to Wade Greene IV with Maestri-Murrell Commercial Real Estate, who represented the buyer, they will renovate the building, primarily redoing the bathrooms and the exterior. The roof, air conditioners, elevator and other building features are all in relatively good condition. The seller was represented by Ryan Eaton with Saurage Rotenberg Commercial Real Estate. The sale closed last Wednesday. The new owner will begin renovations shortly.
Louisiana Connections Academy buys BR Building
February 19, 2014 by
