Rivermark Title proudly represented Galvanized R.E. LLC in the recent $11.4 million sale of Jefferson Business Center in Elmwood. Closing attorney M. Robert C. Riess, Jr., with assistance from Molly M. Jones, facilitated the transaction.
The 104,000-square-foot flex space building was acquired by Baton Rouge-based JRE Capital, marking their first investment in the Greater New Orleans area. This transaction highlights continued momentum in the industrial real estate sector, even as other areas of the market feel the pressure of high interest rates and insurance costs.
Read more in the full article from NOLA.com (subscription required):
https://www.nola.com/news/business/jre-capital-moves-into-greater-new-orleans-market-with-11-4-million-elmwood-purchase/article_b58aa4ea-8d52-48d3-94c1-a5a64c6f3be6.html#tncms-source=business-featured
Backed by the legal depth of Riess LeMieux, Rivermark Title delivers a smarter, more strategic closing experience. From title review to curative work, we support commercial clients through every step of the transaction. To learn more about how Rivermark Title can support your next deal, visit: https://rllaw.com/rivermark-title/.
