KEY TAKEAWAYS:
- BCMT acquired Latter Heart West in Metairie for $9.3 million.
- Firm will relocate headquarters and consolidate enterprise items into the 100,000-sq-ft constructing.
- NAI Rampart brokered the sale and can deal with leasing for remaining house.
- BCMT plans main capital enhancements and can deliver constructing occupancy to about 97%.
Harahan-based Belle Chasse Marine Transportation has acquired the Latter Heart West workplace constructing at 2800 Veterans Blvd. in Metairie, the place the corporate plans to relocate its company headquarters and consolidate a number of of its enterprise items. BCMT purchased the three-story and approximate 100,000-square-foot constructing from SHRLA LLC, an Alpharetta, Georgia-based business actual property agency.
New Orleans-based business actual property agency NAI Rampart, represented by business gross sales and leasing brokers Brian Rourke and Daniel Marse, brokered the $9.3 million deal. Following the sale, NAI Rampart was retained because the unique leasing agent for the property and is actively leasing workplace house within the constructing.
BCMT administrative employees will occupy roughly 10,000 sq. ft and convey the occupancy charge inside Latter Heart West to roughly 97% of the 96,983 sq. ft of internet rentable space. BCMT joins greater than 20 tenants positioned in 2800 Veterans Blvd, together with the likes of Mary Chook Perkins Most cancers Heart, Raymond James, Faubourg Non-public Wealth, Nola Monetary,
Primerica, the Louisiana Legal professional Disciplinary Board, The Coaching Room, Pearson Skilled Facilities, and a number of other skilled providers corporations, reminiscent of legislation and accounting corporations, engineering corporations, insurance coverage corporations, and medical places of work.
As a part of the marine logistics firm’s long-term technique, BCMT has pledged to make a big capital funding to raise the tenant expertise and improve the constructing that was constructed in 1979.
“This transaction and the deliberate enhancements spotlight the continued energy of the Metairie workplace submarket,” stated Rourke, the sellers’ agent with NAI Rampart. “The brand new possession additional secures Latter Heart West’s standing as a premier workplace vacation spot alongside Veterans Boulevard, giving potential tenants a contemporary choice in a highly-sought after location.”
BCMT is a regionally grown and family-owned worldwide marine transportation firm launched in 1977 by the late founder Gordon Konrad. Now managed by his sons Rob, Shawn, and Ian Konrad, BCMT has performed an important position over the past 43 years in facilitating worldwide commerce, strengthening maritime logistics networks, and driving financial impression throughout the Higher New Orleans space.
BCMT will transfer its lead workplace personnel and administrative employees of 24 workers into 2800 Veterans. Beforehand, the corporate had administration staff personnel working at varied places throughout Harahan. BCMT employs 285 whole folks, totally on vessels and at help places. BCMT has a fleet of 17 crew boats, 12 retailer/provide boats, 14 barges, and 5 push boats, helping with anchor restoration and heavy lifts, in addition to launch providers and lubricants.
