Guillot Properties
Coverage of Guillot Properties in the Nexus archive.
- This Donaldsonville landmark is brewing a comeback
A historic three-story building in Donaldsonville, dating to 1895, has been sold for $265,000 and will undergo renovations. The Cane Sugar Toffee Company will expand into an adjoining space, while the Masons will retain the top floor for at least a year. Renovations on the second floor will focus on structural and utility upgrades, with plans for office or residential use pending.
- A look at what’s reshaping Donaldsonville amid an industrial boom
Donaldsonville's commercial real estate market has cooled slightly after a surge driven by Korean investors linked to industrial growth in Ascension Parish. New businesses like Hi Bob and Gangnam Grill are opening, and a Korean investment group recently purchased a downtown property for $2.253 million. Delays in the Hyundai-POSCO Louisiana Steel mill permitting process temporarily slowed interest but momentum is returning.
- What’s being built, bought and planned in Ascension Parish
American Soldiers Evaluation Services purchased a 4,000-square-foot office in Ascension Parish, while the parish government acquired land for a roundabout project. Guillot Properties and Ponville Properties bought a former bank building. New construction permits include a modular school foundation, a 10,000-square-foot metal building, and office spaces. Business events include ribbon-cuttings for Precision Machinery Contractors and Essential Credit Union.