16 May Clearing the Path to a Closed Transaction
Cade McNabb of ELIFIN® represented both the seller and buyer in the successful sale of the industrial warehouse property located at 39421 Hwy 929 in Prairieville, LA.
Challenge
The first buyer was ready to sign until due diligence uncovered a critical issue: the gravel road providing the only access to the property was not owned by the seller. The adjacent property owner held title to that road, and without a formal servitude agreement in place, the property had no guaranteed access. The deal fell apart. Before the property could successfully trade, that issue had to be resolved, or the same outcome would repeat itself with any future buyer.
Strategy
Cade worked through the access issue, facilitating the negotiation of a servitude agreement with the neighboring property owner to establish a clear and legally protected right of access. With that resolved, the property was positioned to move forward cleanly. The second buyer, Sheets Investments, LLC, had a specific vision for the space: converting the bare warehouse into a food processing and distribution facility, complete with freezers and specialized equipment. That scope required managing contractor bids, coordinating equipment procurement, and keeping all moving parts aligned throughout an extended due diligence and build-out planning process. Cade stayed engaged across all of it, connecting the buyer with the right resources and keeping the transaction on track through each phase.
Result
The property went under contract in October 2025 and closed in April 2026. The six month timeline reflected the complexity of what was required to get it done right, not a lack of execution. The seller completed a sale that had previously fallen through, this time with a clean title and clear access. Sheets Investments, LLC secured a facility they could transform into a fully operational food processing and distribution hub, and Cade delivered a closed transaction that required solving a legal access problem, sourcing the right buyer, and managing a lengthy build-out coordination process from start to finish.
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