Metally real estate companies have recently signed a contract to purchase 240 units in the Kobinton region.
According to the president of James P. Fabrot, the 1st Lake Properties Inc. spent $ 38.7 million to buy Brookstone Park Apartments off the offshore Ochsner Boulevard.
He stated that the closed purchase in October would enhance the company’s position in North Shore, a company strategy. He stated that most of the company’s apartments are in the Jefferson parish, but have recently expanded to the St. Tanmani parish and Mississippi.
“We want to continue to grow there in the middle to the long term,” he said about North Shore.
He said he owns about 10,000 multi -house units and has commercial buildings and storage facilities.
The company purchased Brookstone Park from North Shore Developer Plat Pro Bosie and Quentin Dustogue.
Brookstone added that it complemented four other Saint Tan Manny Applications on Lake 1.
He said that the company owns and operates Brewster Commons and Artesia in the Kobinton region.
“We believe St. Tan Manny is a good growth market for us,” Fablot said.
In addition, he often proposes 1st Lake by purchasing existing complex facilities, often expressed concern about the pace of housing and commercial development and the roads and tensions. Avoid avoiding the controversy. Drainage system.
