09 May 2007

rod noles economic update radio notes 09 may 2007

heres some excerpts from this weeks rod noles email:

Every deal has a tale / tail

Fads and Frames center: Ricky Cruz only has one vacant space

(1) Counter Culture new tenant along with

(2) Stine Lumber show room.

New Hotel BIJ Hotel, Inc. (5821 Hwy. 1 By Pass, Natchitoches, LA 71457) to Lincoln Builders (P O Box 400, Ruston, LA 71273) - Comfort Suites on Hwy 1 West, Alex., LA, $4,470,000.00 / Registered Agent (Appointed 4/13/2005): KIRAN C. PATEL, 5821 HWY. 1 BY-PASS, NATCHITOCHES, LA 71457

Fireside office sale Randolph A Monsur, et al (P O Box 1749, Alex., LA 71309) to SAI, LLC (5915 Bayou Robert Dr., Alex., LA 71301) - .466 acres in Sec 43 & 50, T4NR1W (2021, 2023A & 2023B, MacArthur Dr., Alex., LA 71301), $438,000.00

Power Center Sale Hauck Holdings Alexandria, LLC to Alexandria Center One, et al - 20.169 acres in Sec 43 & 49, T4NR1W, $15,000,000.00

Paid local group $13,000,000 less than 2 years back.

Name: ALEXANDRIA CENTER ONE, LLC , Mailing Address: 1300 WEST OLYMPIC BLVD., STE 500, LOS ANGELES, CA 90015

Domicile Address: 16192 COASTAL HIGHWAY, LEWES, DE 19958

Principal Office: 1300 WEST OLYMPIC BLVD., STE 500, LOS ANGELES, CA 90015

Registered Agent (Appointed 3/20/2007): PAMELA W. HAMMOND, ESQ., 201 ST. CHARLES AVE., STE 4400, NEW ORLEANS, LA 70170

Model Home Lake District: On the Market for $825,000 CASA open house raised $10,000 Kudos to all who participated, Especially H & H Furniture Joyce Lyford

Richard S & Miranda M Kellogg (P O Box 122, Forest Hill, LA 71430) to Elizabeth A Welch (P O Box 368, Forest Hill, LA 71430) - 20.56 acres in Sec 26, T1NR2W, $300,000.00 $15,000 per acre may include home

$500,000 Palmer Chapel Also, could you mention that we sold Palmer Chapel, the over half million dollar home. This is another listing that I took that had been with another office for 6mos to a year, and sold it. I seem to have a knack for the properties that require a little more marketing expertise. Thanks, Fran

Another Bank Branch highway 28 East, Jimmy Redfearin
$730,000 sale skyline and 28 East
All three owners went under contract in February and closed May 7.
Scott D Lindsay (3210 Skyline Dr., Pineville, LA 71360) to First Federal Bank of LA (1135 Lakeshore Dr., Lake Charles, LA 70601) - Lots 22 & 31, Green Mountain Subd., $300,000.00

Paul H Reschke, et al (5401 Summit Peak Dr., Arlington, TX 76017) to First Federal Bank of LA - Lot 21, Green Mountain Subd., et al, $300,000.00

Below Radar Investments (2133 Simmons St., Alex., LA) to First Federal Bank of LA - Part of Lot 33, Green Mountain Subd., et al, $130,000.00

$500,000 acreage sale Eddy C & Jo Ann S Carpenter (97 Cannon Road, Pineville, LA 71360) to FAE Holdings 392460, LLC (510 Bienville St., New Orleans, LA 70130) - 97 acres in Sec 7, T2NR2E, $470,000.00. Loan FAE Holdings 392460, LLC to Red River Bank (1412 Centre Court, Alex., LA 71301) - 143.94 acres in Sec 7, T2NR2E, $485,733.47

1031 exchange title company takes Manager: FIRST AMERICAN EXCHANGE COMPANY, LLC, 510 BIENVILLE ST., NEW ORLEANS, LA 70130

Church news

Marvin E Baker, Sr. & Betty J Baker (70 Herman Rush Road, Deville, LA 71328) to Philadelphia Baptist Church, Inc. (722 Philadelphia Road, Deville, LA 71328) - 2.75 acres in Sec 20, T4NR2E, $55,000.00

Richard T & Shelly E Duffy (78 Herman Rush Road, Deville, LA 71328) to Philadelphia Baptist Church (722 Philadelphia Road, Deville, LA 71328) - 1.073 acres in Sec 20, T4NR2E, $25,000.00

Congregation of St. Francis Xavier Cathedral Roman Catholic Church (626 Fourth St., Alex., LA 71301) to ACA Mechanical Industrial (3616 Lee St., Alex., LA 71302) - Cathedral chiller and boiler replacement, $207,788.00 Maurcey Couvillion no air conditioning

$5,235,400.00 Zion Hill Missionary Baptist Church (312 Hunter St., Pineville, LA 71360) to Skip Converse (318 Jones St., Pineville, LA 71360) - Zion Hill Missionary Baptist Church Family Life Center,

Builders on lookout for day time thief: Old Chevrolet Suburban 2 tone blue with Champagne top arrested twice for daytime theft…be on lookout

Interesting properties for sale

1535 Jackson Law Office $260,000 call Kent Allen, former Faircloth law firm, Randow and Jock Scott

. The property has 3887 sq feet, 8 offices, 4 of which have wood floors and fireplaces, a library and conference room. It sits on two lots, and has 14-16 private parking spaces.

1233 Barrister Street $429,000 Joe Betty Sterkyx , Rick Ransom and prior to that Provosty home

1268 South Hampton, Ingrish office sold in 48 hours Hesni, and Mansour agents

700 Expressway Dr. Harry Parks building 36,000 sf warehouse $635,000

Check out this blog site in my radio notes

growabrain.typepad.com

Review of transactions over $1,000,000 past 30 days: sales and construction contracts

$4,500,000 Village Shopping Center, O’Neal Blvd Baton Rouge, Dale Daenen

$3,562,000.00 Welsh Properties, LP (1811 Tower Dr., Monroe, LA 71201) to Salley Real Estate & Development (100 Petroleum Dr., Lafayette, LA 70508) - Tract in Blk 4, Sterkx-Deming Subd., Rev. # 1, Dale Daenen

$2,052,006.00 $6 psf ; Cogent Equity, et al to North Mall Properties (7235 Jefferson Hwy., Baton Rouge, LA 70806) - Tract in Sec 36, T5NR1W,

$1,155,000.00 Beauregard Development (P O Box 13705, Alex., LA 71315) to Cogent Equity, et al (1412 Centre Court, Suite 500, Alex., LA 71301) - 135.48 acres in Sec 35 & 36, T5NR1W, $8,525 per acre

$1,052,000 for 539 acres in Harrisonburg or Catahoula Parish cross sale with Mossy Oaks, Jack Hodges

$1,500,000 under contract Marksville shopping center Jimmy Refearin in cross sale with Donnie Jureau Baton Rouge.

Construction

$1,589,000.00 (P O Box 1667, Lake Charles, LA 70602) to Skip Converse, Inc. (318 Jones St., Pineville, LA 71360) - Renovations to existing building New Branch Bank, 2212 North Blvd., Alex., LA, First Federal Bank of LA signs building contract

$4,470,000.00 Comfort Suites on Hwy 1 West, Alex., LA/ Registered Agent (Appointed 4/13/2005): KIRAN C. PATEL, 5821 HWY. 1 BY-PASS, NATCHITOCHES, LA 71457

$5,235,400.00 Zion Hill Missionary Baptist Church (312 Hunter St., Pineville, LA 71360) to Skip Converse (318 Jones St., Pineville, LA 71360) - Zion Hill Missionary Baptist Church Family Life Center,

Loans

Oakmont Village Apts. (207 W Mississippi, Suite 200, Ruston, LA 71270) to Richland State Bank (P O Box 817, Rayville, LA 71269) - Lot 14, Blk 3, Home Acres, $1,515,375.00

Dis-Tran Steel Pole (4725 Hwy. 28 E, Pineville, LA 71360) to Iberibank (1300 Oliver Road, Monroe, LA 71201) - 9.69 acres in Sec 25, T5NR1W (529 Cenla Dr., Pineville, LA 71360), $3,000,000.00

$1,900,000.00 Bayou Rapides Development to Citizens National Bank (2711 E Texas St., Bossier City, LA 71111) - 19.5249 acres in Sec 21, T4NR1W

Roy O Martin Lumber Co., et al (2189 Memorial Dr., Alex., LA 71301) to J P Morgan Chase Bank (P O Box 1412, Monroe, LA 71201) - Tract in Sec 3, T2NR4W, et al, $135,000,000.00
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