The Boardwalk Place Business Center near the intersection of Interstate 12 and South Sherwood Forest Boulevard has been sold for $3.4 million.
The roughly 40,000-square-foot center at 11224 Boardwalk Drive is home to ABL Management Inc., Public Awareness System, and Power and Control Systems.
The center was sold by Sherwood Twelve LLC, represented by R. David Phillips Jr.. The buyer, Boardwalk Square LLC, was represented by Joneah Johnson, who is an agent and attorney for David Clint Johnson, according to sales documents filed with the East Baton Rouge Clerk of Court today.
Joneah Johnson says the building was an attractive purchase because the family business she works serves as chief financial officer for, Power and Control Systems engineering firm, has been rapidly expanding in the center since moving there in 2000. The company currently occupies about 70% of the total space. She adds no changes in tenants are expected at the center as a result of the sale.
—Steve Sanoski
