New Listing: Former Petrochemical Land Site Available
Media Contact: Gary Marsh 415.999.3793 or gary@marshmarketing.com
NAI Latter & Blum/Lake Charles, the brokerage services arm of Redd Properties, has listed a heavy industrial, rail-served 19-acre site adjacent to Interstate 10 in Westlake, LA. The asking rate is $12 per square foot, or a little more than $9.95 million. The land is a former chemical manufacturing site and all of the above-ground infrastructure is scheduled to be removed. Three Class 1 rail companies serve the site – Union Pacific, Kansas City Southern and BNSF. An energy substation is adjacent to the site. Matt Redd, CCIM, SIOR, CRE and Lars N. Pederson Jr. are managing the offer.
Media Contact: Gary Marsh 415.999.3793 or gary@marshmarketing.com
Lake Charles, LA – April 27, 2020: Redd Properties Principal Matt Redd, CCIM, CRE, SIOR, announced today that he has represented Profile Sanford in a retail lease at Lake Charles Marketplace in Lake Charles.
Located at 4740 Nelson Road, the shopping center is anchored by Kroger. Other tenants include Starbucks, Nothing Bundt Cakes, an AT&T store, a nail salon and more. Profile Sanford leased a little over 2,000 square feet in suite 130 of the shopping center. Tenant improvements have been completed and the business plans to open soon.
It is the first Lake Charles franchise for the Profile Sanford, a Sioux Falls, South Dakota-based franchisor that opened its first store in 2012 and now has over 400 stores in all 48-lower states.
The weight loss and health coaching program was developed by doctors and researchers at Sanford Health. The nutrition plan is based on ketogenic principles, or a low-carb, protein-focused diet with moderate sugar (including fruits), alcohol, processed foods and fats. The “Keto” diet is proven to burn fat in humans and facilitates weight loss. Profile sells food – mostly protein bars and shakes plus packaged meals, beverages and desserts. There is an annual membership that includes weekly, in-store meetings with a certified Profile Coach who helps members stay disciplined with their plans. Profile’s core principles are nutrition, activity and lifestyle, believing that diets alone do not work to maintain proper body weight.
NAI Sioux Falls Senior Vice President and Managing Director Gregg Brown, MBA, SIOR, referred Profile Sanford to Matt Redd, who identified the location and negotiated the lease locally on behalf of Profile Sanford. Redd operates Redd Properties, a diverse commercial real estate services company, and is also the Lake Charles broker affiliate with NAI Latter & Blum, which booked the lease. Gregg Brown is the Master Broker for Profile Sanford and has facilitated all of the company’s leases during its expansion. The company plans to have over 500 U.S. locations.
Recently making its debut on the 2019 Entrepreneur Franchise 500 Ranking at No. 164, Profile Sanford provides nutrition, activity and lifestyle coaching to help members lose weight and keep it off. Profile was developed by physicians and researchers at Sanford Health to take the guesswork out of healthy lifestyle change. The Profile Plan is completely personalized to each member and is implemented through one-on-one coaching to deliver sustained results. With its own line of DNA testing, smart scale technology and more than 80 signature food options, Profile helps members actively engaged in the program achieve an average 12 percent weight loss in just 12 weeks, with continued success thereafter. Diets don’t work. Profile does. For more information, visit https://www.profileplan.com/. For more information about available franchise opportunities, visit https://www.profileplan.com/franchise/.
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
From project strategy and site acquisition to assembling and managing project teams, Redd Properties is the leading full-service commercial property company serving Lake Charles and the greater Southwest Louisiana MSA. Additionally, company Principal Matt Redd is the Lake Charles affiliate of NAI Latter & Blum for brokerage services in his markets.
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.
Media Contact: Gary Marsh 415.999.3793 or gary@marshmarketing.com
Principal Matt Redd, CCIM, CRE, SIOR, announced today that his firm has completed a lease assignment of a 7,000-square-foot industrial property on 2.5 acres with KAEFER, the Germany-based, international provider of technical services in marine & offshore construction. The lease was completed by NAI Latter & Blum (Lake Charles office), an affiliate of NAI Global, and Matt Redd was the only broker involved.
The property and building, located at 1024 Ravia Road near S. Beglis Parkway in Sulphur, LA, is owned by a local investor. The MSA population for the area is approximately 200,000 and Sulphur is located in Calcasieu Parish.
Redd Properties facilitated and managed the speculative development of the building, which was recently completed. Tenant improvements for KAEFER are underway and the tenant has already occupied the building. The project architect was Jeff Kudla of Kudla Architecture, LLC.
According to Redd, KAEFER formerly occupied an industrial property in New Iberia, LA, and moved those operations to Sulphur after KAEFER won a contract to work on a new LNG plant in the area that is under construction.
More than $187.9 billion in industrial construction projects have been announced in Louisiana since 2012, based on figures tracked by economist and consultant Loren Scott. Work has commenced on about $72 billion of those projects, many of which are petrochemical related (as published in The Advocate in Baton Rouge 9.2, 2019). Handling and storage of liquid nitrogen requires thermal insulation, a type of insulation in which KAEFER is a global market leader.
About KAEFER: https://www.kaefer.com/
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
From project strategy and site acquisition to assembling and managing project teams, Redd Properties is the leading full-service commercial property company serving Lake Charles and the greater Southwest Louisiana MSA. Additionally, company principal Matt Redd remains the Lake Charles affiliate of NAI Latter & Blum for brokerage services in his markets.
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large,-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
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