Tom Cook: Choctaw building sells

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Last month, Williams & Williams Auctioneers held an auction for several Bob Dean properties in the Baton Rouge area. Two office warehouses on Choctaw Drive were purchased by Kurz & Hebert Commercial Real Estate Company for $480,000. Mark Hebert says the buildings totaled about 55,000 square feet, which makes the square-foot price about $8.75. One building is occupied by Jen Lease, a subsidiary of MBD Construction. “This was a deal we couldn’t pass up,” Hebert says.

(Appraiser Tom Cook owns Cook Moore and Associates. Reach him at 293-7006 or TCook@cookmoore.com.)

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