Author: magraham

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Sold: 2461 Tower Drive (office) / Olive Garden construction to begin soon

2461 Tower Drive

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

 

 

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Sold: Land for Wal-Mart Neighborhood Market

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

Polestar Netherland

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Sold: Regions Bank Building / 1500 North 18th Street

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.

Cavender

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Under contract: 18th Street land for Neighborhood Market

Under Contract:  3.568 acres 
Owner:  America’s Park Development Co., LLC
Prospective Buyer:  Polestar Development, LLC
Current Owner has also entered into an access agreement allowing Prospective Purchaser to perform some preliminary site work on the Property prior to the transfer of the Property.  
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SOLD: Multiple tracts in Parkwood Village Shopping Center / Lincoln Road (Hwy 139)


Sold: Multiple tracts in Parkwood Village Shopping Center / Lincoln Road (Hwy 139), Monroe, LA (Including Mac’s, Fred’s and Domino’s)

Seller: C H & R Associates Inc.

Buyer: McLawrence Foods LLC

Sale Price: $1,855,000

Sale Date: 5/28/2014

Size: 4.38 acres

Source: Legal Recorder and conveyance record

Disclaimer: All of the above information is for reference only and shouldn’t be relied upon without proper verification.



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Sold: 2510 Cypress Street / Granny’s Family Restaurant

Sold:  2510 Cypress Street / Grannys Family Restaurant

Seller:  Caldwell Oil, LLC

Buyer:  Grannys Family Restaurant

Price:  $450,000

Date:  May 2, 2014

Note:  The above information is not guaranteed. 

 

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Sold: Athena Greek Restaurant / Possible Neighborhood Wal-Mart purchase

Sold:  Athena Restaurant / 1700 North 18th Street

Seller:  Matthew D. Sanderson, et ux

Buyer:  Polestar LA Monroe Avenue of America’s LLC

Price:  $825,000

Note:  This sale is thought to be part of the Neighborhood

Wal Mart that has been reportedly locating in this area.  Polestar

has 5 corporations in Louisiana, one of which is Polestar LA West Monroe

(Flanagan), LLC.  The representative for Polestar is Karen Hutton of

The Hutton Company.  This company specializes in build to suit developments,

site selection and construction.  The Hutton Company has worked with Wal-Mart and

Sams Club. 

 

The above information is not guaranteed and should not be

relied upon without further verification. 

 

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SOLD: Shopping Center on Fink’s Hideaway Road


Sold: Shopping Center on Fink’s Hideaway Road / Corner of Fink’s Hideaway and Old Sterlington Road

Seller: McCarter’s Hideaway Village Shopping Center, LLC

Buyer: Hideaway Village Shopping Center, LLC

Sale Date: 4/15/2014

Price: $400,000

Source: The Legal Recorder, Inc.  and Conveyance Record

Disclaimer: All of the above information is for reference only and should not be relied upon without proper verification.



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