SETTING UP SHOP
Mike Falgoust and Associates is the city's newest
commercial real estate company, composed of four partners
who last month broke away from Sealy & Falgoust Real Estate.
Grey Hammett, who serves as the new firm's
managing partner, has been joined by Scot Guidry,
Randy Herring and Justin
Langlois. The four partners, who have a combined 70 years'
experience, will receive guidance from Mike Falgoust, a longtime
commercial broker.
Hammett says each partner offers strong experience in a
different sector, including industrial, office and retail, and in
different areas, including Baker, Central and Zachary. In spite of
the economic downturn, Hammett says the timing was right to open
another commercial real estate company in the Capital Region. "The
commercial market is still very strong," he says. "We're not going
to be where we were post-Katrina, but we're seeing a lot of
activity in leasing." Hammett says the partners brought much of
their client base with them to the new firm, which has moved into
the former RE/MAX building at 10311 Jefferson
Hwy.
The firm opened on June 1, two weeks after making the decision
to split. Within days, the partners had leased a building, hired
staff and created a logo for their business. "To be really
successful, you have to go out there and form your own agency,"
Hammett says. "And we don't look at [other companies] as
competitors because we do a lot of deals with them. We cooperate
with everyone in town, and we'll continue to."
Mike Falgoust & Associates - facebook