Month: June 2014

Sold:  2461 Tower Drive / Professional office

Date:  6/25/14

Seller:  Wood Consulting LLC

Buyer:  Tower Investments of Monroe, LLC

Price:  $955,000

Size:  8,032 total SF / 6,671 usable SF (per MLS)

Source:  MLS / The Legal Recorder, Inc.

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Olive Garden to Return Soon

Contract:  GMRI, Inc. (owner) / Jerry Kachel Builders, Inc. (Contractor)

Contractor and Owner has entered into a contract to provide the following work:  Construction of an Olive Garden Italian Restaurant.

Location:  4781 Pecanland Mall Drive, Monroe, LA

Price of  Work:  $1,432,507

Source:  Clerk of Court / Contract #1653022

Sold:  Land on Cypress @ Netherland Street (assumed to be for a Wal-Mart Neighborhood Grocery)

Date:  June 20, 2014

Seller:  (3 sales) Timmy Joe Olson / John Michael Moore, et al / James Michael Wilson

Buyer:  Polestar La Monroe Netherland LLC

Price:  $1,241,000 / $310,000 / $2,500,502.60 / Total sale price:  $4,051,502.60

Source:  The Legal Recorder, Inc. / Clerk of Court records

Sold:  1500 North 18th Street / Regions Bank buildings (Leased fee transfer)

Seller:  Cavender Enterprise Leasing Family LLC (two deeds)

Buyer:  A. Joseph Hakim, et al

Buyer:  A Nouri Hakim, et al

Price:  $857,500 & $892,500 for a total of $1,750,000

Source:  Clerk of Court / The Legal Recorder, Inc.

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site address:  www.mgmai.com