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Prairieville, La. — Marcus & Millichap has brokered the sale of Commerce Centre, a 33,744-square-foot multi-tenant retail property located in Prairieville, approximately 15miles southeast of downtown Baton Rouge. Situated on roughly four acres, the center was built in 2015 and features 15 retail suites. Commerce Centre was 72 percent occupied at the time of sale.
Cole Voyles, Gus Lagos and Alex Wolansky of Marcus & Millichap marketed the property on behalf of the seller, a local owner, and procured the buyer, an East Coast-based investor. Steve Greer was Marcus & Millichap’s broker of record in Louisiana.