A local lending group engaged the McEnery Company to appraise this Class A industrial manufacturing facility in Schriever, Louisiana. The owner-occupant of the subject property is K&B Industries, which is a national manufacturing, welding, and threading company for the oil and gas and aerospace industrial sectors. Our appraisal of this property included a main site valuation of the 332,519 square foot industrial property, as well as an excess land valuation. The improvements included a Class A office headquarters building, a main manufacturing and storage warehouse, as well as several storage warehouses on site. All structures were climate controlled and of high quality construction.
