Sold: Land to Vantage Health Plan

Sold:  land adjacent to Monroe Surgical Center
Date:  3/28/13
Seller:  Oliver West, LLC
Buyer:  Vantage Health Plan, Inc. 
Price:  $1,340,000
Included 9 subdivision lots
Source:  Conveyance records

Sold: Land to CenturyLink

Date: 3/28/13
Seller: Crescent Drilling Company Inc
Buyer: Centurytel Service Group
Price: $6,249,700
Size: 87.962 acres
Location: west side of Hwy. 165 across from CenturyLink’s main campus. Property is south of OCS and north of Denmon Engineering.

Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
[email protected]

Sold: To CVS Pharmacy / Corner of Well Road and Cypress

Sold:  N/E corner of Well Road and Cypress Street, West Monroe
Date:  March 22, 2013
Buyer:  Louisiana CVS Pharmacy
Seller 1:  Caldwell Bank & Trust Co.  ($800,000 / 21,544.49 SF) 
Seller 2:  KM, Inc. ($975,000 / 23,873.66 SF)
Total Sale Price:  $1,775,000
Total Size:  45,418 square feet
Source:  The Legal Recorder, Inc. / Conveyance records

Sold: Land to Glenwood Medical Center

Sold:  Land to IASIS Glenwood Medical Center
Location:  McMillan Road / Circle Drive (3) non-contiguous tracts
Legal:  Lot 7, Lot 13, Lots 4&5, Square 14, Splane Place 
Date:  March 4, 2013
Seller:  Jeff Mercer, LLC
Buyer:  IASIS Glenwood Regional Medical Center LP
Price:  $1,800,000
Land Size:  around 2.55 acres per the subdivision plat / this is an estimate which is subject 
to survey and further verification.  
Indicated Price per SF:  $16.20 / SF (+/-)
Source:  The Legal Recorder / conveyance records / subdivision plats
Note:  The above information should not be relied upon without further 
verification with the parties involved.   

Sold: Motel 6 / West Monroe, LA

Sold:  Motel 6 / Constitution Drive / West Monroe, LA
Date Recorded:  11/29/12
Seller:  Forbes Hotels, LLC
Buyer:  Jay Shree Santosi, LLC
Price:  $2,200,000
Source:  The Legal Recorder, Inc. 

Construction Contract – 141 Desiard Street, Monroe, LA

Notice of Contract
Owner: DeSiard Court, LLC
Contractor: PRA SE Construction, LP
Contract Sum: $8,358,287

Scope of Work

Rehabilitation of an eight story building into
a 67 unit apartment complex to be known as
the 141 Lofts located at 141 DeSiard Street.

Recorded Date: 11/9/2012
Book: 3096 / Page: 730
Source: Ouachita Parish Clerk of Court online


Sold: 3390 Sterlington Road / Monroe / Family Dollar Store

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Sold: 3390 Sterlington Road
Property: Family Dollar Store
Seller: RCS Land Company, LLC
Buyer: Valley Realty Co, Inc.
Legal: T&C Subd, Lots 7 & 8, Unit 23
Price: $450,000
Date: 11/2/12
Source: The Legal Recorder / Ouachita Parish Tax Assessor