NORTH BOULEVARD MEDICAL BUILDING SELLS
The sale of a medical building on North Boulevard, about
one block west of Baton Rouge Community College, closed on
Wednesday. The seller, Olinde Bros Properties, was represented by
Michael E. Olinde and Henry D.H. Olinde Jr. The purchaser was Dr.
Akwasi Adjare Sefa. This is an older medical building that was
developed to support the medical community servicing the Baton
Rouge General Hospital on Florida Boulevard. According to
Scot Guidry and Justin Langlois of Mike Falgoust &
Associates, who teamed up to broker the transaction, the
new owner will open a medical clinic in the building after some
renovation takes place. The building sold for $415,000; it has a
total enclosed area of 4,600 square feet, so the price per square
foot calculates to just over $90.
Mike Falgoust & Associates - facebook