Logan Babin Real Estate Brokers Transaction for Another Waterfront Industrial Property

For the 2nd time in as many months, Logan Babin Real Estate has brokered the sale of a large waterfront industrial facility in Terrebonne Parish.  The 90,000+ SF office/shop had frontage along a private slip and the Gulf Intracoastal Waterway in Houma, LA and was purchased by Gulfstream Services, Inc., a global oilfield services corporation with seven locations in the U.S. and one in Aberdeen, Scotland.

The facility, formerly part of Marine Systems, Inc., a diesel engine services subsidiary of the Kirby Corporation, will now be the new base of operations for Gulfstream Services.

In March of 2013, Logan Babin Real Estate also brokered a sale of the former Quality Shipyard Facility on the Intracoastal Waterway in Houma.

“We continue to strive to offer the most complete level of service to the commercial and industrial real estate market in South Louisiana,” agent Logan “Hank” Babin, III said.  “We are proud that both of these companies, with local roots and national and international reach, trusted our office to navigate them through this process to a satisfying conclusion for all involved.”

If you are buying or selling commercial or industrial real estate in South Louisiana, trust the team at Logan Babin Real Estate to produce for you.  We don’t just place a sign on your property.  We place our reputation on it.

Logan Babin Real Estate and Appraisals.  Local knowledge.  National reputation.

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