SOLD: Land at 5809 Cypress Street, West Monroe (close to Cypress and Well Rd intersection)

Sold: 1 acre lot on Cypress Street (5809 Cypress Street); close to Cypress and Well Rd intersection; next to Claiborne Methodist Church

Seller: Edward & Susan Justice

Buyer: Quarles Properties, LLC

Price: $320,000

Size: 1 acre (based on survey)

Source: Legal Recorder / Clerk of Court records

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

5809 Cypress St

Sold: Courtyard by Marriott / Monroe, LA

Sold:  Courtyard by Marriott Hotel / Monroe, LA

Seller:  Dewey F. Weaver, Jr. and James W. Moore, Jr.

Buyer:  IM Monroe 1, L.P.

Price:  $8,027,600

Note:  The above information is for reference only and should not be relied upon without proper verification.

 

Courtyard Marriott

 

Sold: Residence Inn / Monroe, LA

Sold:  Residence Inn / Monroe, LA

Seller:  James W. Moore, Jr. and Dewey F. Weaver, Jr.

Buyer:  IM Monroe 2, L.P.

Price:  $5,595,100

Note:  The accuracy of the above information is not guaranteed and is for reference only.

 

Residence Inn

 

 

 

Sold: 2400 Louisville Avenue / Former Ryan’s on Louisville

Sold:  2400 Louisville Avenue, Monroe, LA (Restaurant)
Current Use:  Hibachi and Grill Buffet

Former Use:   Ryan’s Family Steakhouse

Seller:  Klug Living Trust, et al

Buyer:  Weslyn Properties, LLC

Price:  $726,500

Sale Price in 2007:  $3,187,320

Hibachi

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.

____________________________________________________

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 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

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