Schottel’s Current Facility
Logan Babin Real Estate is proud to announce the closing of a 2.33 acre tract on Denley Road that Schottel has purchased next to their existing facility. The tract sold today for $333,125.00 or $3.28/SF. Logan Babin Real Estate represented both the buyer and the seller in the transaction.
Schottel, Inc., a global leader in propulsion systems, opened their new facility at 1741 Denley Road in October of 2013. This puts them in the heart of Houma’s marine fabrication hub near such companies like Edison Chouest’s LA Ship, Gulf Island Fabrication, Thomassie Boat Builders, the Port of Terrebonne, as well as dozens of other oilfield service companies. The new tract gives them room for expansion with almost 5 acres of total property along Denley Road.
If you are looking for land or buildings in East Houma, call us at Logan Babin Real Estate or take a look at some of our listings:
- 5,000 Sf Light Industrial Building for $200,000
- Light Industrial Investment on Thompson Road
- 5.6 Acre Tract on Grand Caillou/LA Hwy 57
The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has a 10 Parish retail draw of almost 440,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”.
To find out why Schottel joins a long list of industry leaders investing in the Houma-Terrebonne marketplace, call us at Logan Babin Real Estate. We have been serving the commercial and industrial real estate needs of South Louisiana for three generations and over 50 years.
And then you will discover why we say Logan Babin Real Estate: Local Knowledge….National Reputation!
