Terraces at Perkins Rowe sells for $41.8M

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The Terraces at Perkins Rowe, the 230-unit multifamily apartment complex that sits atop the sprawling outdoor mall’s office and retail spaces, has been sold for $41.8 million, according to documents filed with the East Baton Rouge Parish Clerk of Court’s office. Delaware-registered company Perkins Rowe Owner LLC is the buyer, headed by Avid Realty Partners

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