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re: What’s going to happen to the albertsons on college drive

Posted on 8/22/25 at 12:40 pm to
Posted by Jameson2954
Member since Mar 2022
809 posts
Posted on 8/22/25 at 12:40 pm to
According to parcel ID it’s owned by College Investors LLC out of Cali. There is a college investors in BR but they don’t own it.
Posted by BigBinBR
Baton Rouge
Member since Mar 2023
9264 posts
Posted on 8/22/25 at 12:56 pm to
quote:

According to parcel ID it’s owned by College Investors LLC out of Cali. There is a college investors in BR but they don’t own it.


Weird. Its showing this as the owner of the property:

COLLEGE INVESTORS, LLC
C/O CPTS
1371 OAKLAND BLVD # 200
WALNUT CREEK, CALIFORNIA 94596 UNITED STATES

With this as the vendor (who was the vendee from 2010-2018):

COLE AB BATON ROUGE (COLLEGE DR) LA, LLC

But the Advocate has this:

quote:

But a changing supermarket environment has taken its toll on the store, said Jonathan Walker, of Maestri-Murrell Commercial Real

Walker is part of a group that bought the 65,000-square-foot store and the 5 acres it sits on for $9.75 million in 2018. Albertsons has a lease on the building for a few more years.
The Advocate
Posted by Jameson2954
Member since Mar 2022
809 posts
Posted on 8/22/25 at 1:14 pm to
Ha. Maybe for some bad info, I know Jonathon. I’ll ask.
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