Commercial Properties Realty Trust LLC

Commercial Properties Development Corporation was founded in 1951 by Baton Rouge businessman, Wilbur Marvin. The company acquired, developed, and leased neighborhood and community shopping centers. In 1992, after forty successful years, Mr. Marvin established the Wilbur Marvin Foundation –a supporting organization of the Baton Rouge Area Foundation, and structured what would become Commercial Properties Realty Trust as the foundation's real estate entity in order to generate funds for civic and charitable causes. This was a defining moment for the Marvin family legacy and an even greater moment for the future of Baton Rouge. Mr. Marvin certainly realized that his foundation would impact this community, but even he would never have imagined the significant contributions his foundation would make. For the past 10 years, CPRT has honored Wilbur Marvin's vision of developing Real Estate for a Real Purpose. We've redeveloped urban areas bringing life back into downtown, built sustainable developments that are designed to protect our natural resources and taken on economic development projects designed to build jobs and grow communities. These projects have contributed to the economic well being and overall growth of the communities that we've invested. Commercial Properties manages a superior portfolio of assets that includes shopping centers, office complexes, retail space, apartments and mixed use master-planned developments in Louisiana, North Carolina and Puerto Rico. CPRT’s portfolio of past and present developments add civic and economic development value to the communities they serve and set a new standard for others to follow. CPRT provides build-to-suit project services, allowing clients to leverage the capital, resources and expertise of an experienced commercial real estate developer while controlling the design, construction and management of new facilities themselves. Using this approach, clients can divest themselves of land acquisition and development responsibilities, allowing them to focus their human and capital resources on operating and growing their business.

On behalf of their clients, CPRT can assume all development responsibilities for new industrial, retail or office facilities. This turnkey solution includes site acquisition, architectural, engineering, construction and financing services to deliver an absolute net lease facility built to client specifications. Multiple projects can be efficiently delivered using prototype plans and form lease agreements, with rents determined by formula based on "open-book" project costs.

As the build-to-suit developer for one of the nation's largest integrated equipment services companies, CPRT is currently providing acquisition and development services for branch operations facilities ranging from 20,000 to 70,000 square feet in approximately 20 locations across the United States.