26 Sep Speed Wins a Baton Rouge Industrial Deal Below Asking

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±6,645 SF industrial property located at 1655 Cottondale Dr in Baton Rouge, LA.

Challenge

Good industrial properties in Baton Rouge do not sit long. When the right asset hits the market, the window to act is short, and buyers who move slowly lose deals to buyers who do not. Getting to a listing first and making an offer compelling enough to win on price required both speed and strategy.

Strategy

Alex saw the listing go live on a Monday morning and had a tour scheduled the same day. He was the first broker through the door. From there, he structured a cash offer with a quick, clean close, giving the seller a certainty of execution that a conventional financed offer could not match. That combination of speed and simplicity was enough to move the needle on price, bringing the final number down from where the listing started.

Result

The buyer secured a well-priced industrial property in Baton Rouge at a meaningful discount, made possible by moving faster than everyone else and putting together an offer the seller could not pass up. In a market where timing is often the difference between getting the deal and watching someone else close it, Alex made sure his client was first in line and best on terms.

Leading Agent

Alex Ruch