A smaller, but interesting real estate deal that closed recently was the purchase of a 15,000-square-foot masonry warehouse at 711 North 14th St. by New Orleans-based Shamrock Marine. The building, which was designed by A. Hays Town and is known by some as the Nabisco Building, was sold last week by Lewis & Lee Inc. At $375,000, the sale price works out to about $25 per square foot. Saurage Rotenberg Realtors Associate Broker and Retail Specialist Carmen Austin brokered the deal. He says the buyer services the marine industries with a floating store, refrigerated fleet supply and a grocery delivery system. With locations in the Baton Rouge harbor and at the 100-mile point in Port Allen, the new facility will help the company continue to expand its operations. Shamrock Marine says on its website that it is the only true mid-stream boat store south of Vicksburg, servicing 95% of the boat industry on the Mississippi River. Austin says the business has been growing, which required the additional warehouse facility.
Shamrock Marine buys Baton Rouge site for Warehouse
April 28, 2014 by