The McEnery Company was engaged by a regional lender to determine both the AS IS and prospective market values of an approximately 48,657 square foot, three story office building designed as a build to suit, owner-user occupied headquarters facility for The Advocate / George’s Media Group. At the time of our appraisal, the building construction was in process with significant remaining costs to completion. The Advocate is a newspaper publication servicing both the Baton Rouge and New Orleans markets, and the headquarters location is just off Siegen Lane and Interstate 10 in Baton Rouge.
