An office building off South Sherwood Forest Boulevard has been sold for $880,000 to a group of local investors.
CVM Jefferson Properties LLC bought the building at 11414 Lake Sherwood Ave. North in a deal that was filed Wednesday with the East Baton Rouge Clerk of Court’s office. The seller was DJ & ER Properties LLC of Baton Rouge.
Bill Jeansonne, an agent/broker with Saurage Rotenberg Commercial Real Estate, who represented the sellers, said the new owners bought the building as an investment. The nearly 5,700-square-foot building is fully occupied by KDK Realty, which recently signed a three-year lease. That lease made the building an attractive investment, Jeansonne said.
Chuck Mock of Beau Box Commercial Real Estate represented the buyers.