Weekly CRE Update from Saurage Rotenberg Commercial Real Estate, LLC

Weekly Features presented by Carmen Austin, MBA, CCIM, SIOR

January 24, 2024

Feature Article: Blackstone Real Estate to Take Tricon Residential Private

A deal has been reached between Blackstone and Tricon Residential Inc. wherein Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust, Inc. will buy all of Tricon's outstanding shares for $11.25 per common share in cash. What came before the deal and what is to come after?

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Feature Property: 9550 Airline Highway, Baton Rouge, LA 70809

Industrial For Lease

This property is over 6 acres of land with quick access to I-12! The property has access to turning lanes and is located in between popular retail grocery stores and shopping centers. With over 319 available parking spaces this Industrial building is perfect for a multitude of uses!

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Carmen Austin, MBA, CCIM, SIOR

Associate Broker

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1760 Bertrand Dr., Lafayette, LA

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Saurage Rotenberg Commercial Real Estate, LLC is committed to providing outstanding commercial real estate brokerage and investment services to clients using its resources of experience, expertise, knowledge, and teamwork. We approach each challenge through the eyes of a highly trained, highly motivated, professional staff. We blend our individual and corporate knowledge with skill, practical knowledge, and real world experience.

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Henry "Hank" N. Saurage IV, CCIM

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