$1,100,000 New Orleans Warehouse Sale-Closed In 90 Days

Asking Price: $1,100,000

200 Industrial Drive was an 18,000 SF warehouse with an adjacent 36,000s SF of land. I listed the property June 20, 2007 and closed on October 22, 2007, representing the seller who was relocating his company. In preparing the Marketing Presentation for buyers, I included a special report report from a database only available to brokers with the CCIM designation, which helped spur demand and present the property correctly.

The site was zoned heavy industrial, so I targeted firms which would require that zoning, including recycling firms. We sold the warehouse to an investor and then represented a recycling firm who made an offer for the adjacent land because he required heavy industrial zoning.

200 Industrial Drive

Louisiana Commercial Realty

Commercial Real Estate Experts
Robert Hand, MBA, CCIM, SIOR
robert@louisianacommercialrealty.com
Licensed in Louisiana & Mississippi
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