Republic Finance sells Baton Rouge office for million, plans to lease property back

Republic Finance, which recently announced plans to build a new headquarters in Texas, has sold its Baton Rouge office building for $12 million und...

September 9, 2022
2:14 AM

Republic Finance, which recently announced plans to build a new headquarters in Texas, has sold its Baton Rouge office building for $12 million under a leaseback agreement.Louisiana Paradigm LLC, based in Vidalia, bought the building at 7031 Commerce Circle, said Randy Herring of Derbes Falgoust Commercial Real Estate. Herring and Mike Falgoust represented Louisiana Paradigm, while Mohr Partners of Dallas represented Republic Finance.Republic Finance is the sole tenant in the 27,160-square-foot building, which it built in 2009 just off Corporate Boulevard.

Timothy Boone