Corporate Realty, Inc., announced today that it is opening a full-service office in Baton Rouge. This new office will be located in One American Place at 301 Main Street in Baton Rouge and led by Branon W. Pesnell, CCIM, SIOR.
Pesnell is an experienced commercial real estate executive and expert in the Baton Rouge office market and surrounding area. He began his commercial real estate career in Baton Rouge, with NAI Latter & Blum from 2001 – 2007 and then spent 10 years with Beau Box Commercial Real Estate. Branon was a co-founder of Beau Box Property Management, where he both helped build up and then oversaw a property services division that included property management and leasing efforts for many Baton Rouge projects. He then moved to Houston and worked at Transwestern, where he first specialized in partnering with corporations to optimize real estate value and return on investment, then served as Managing Director for the company’s Houston Occupier Solutions group, specializing in Tenant Representation and Real Estate Portfolio Consulting for office and industrial real estate. Pesnell’s extensive knowledge of the Baton Rouge market, along with his diverse experience in all areas of commercial real estate, will provide Corporate Realty with strong leadership in its Baton Rouge office.
“I could not be more excited to have Branon join Corporate Realty and lead our new full-service office in Baton Rouge. I have known Branon for years, respected his knowledge and his integrity, and I am confident that Branon will be an ideal partner in growing Corporate Realty’s presence and capabilities in and around Baton Rouge,” said Michael J. Siegel, SIOR, president of Corporate Realty.
Acquired in December 2021 by Benson Capital, Corporate Realty is a commercial real estate company that specializes in office and retail leasing and brokerage, property management, lease administration, investment brokerage, and construction consulting and is widely recognized as the top commercial real estate service provider in the region. Benson Capital, in collaboration with Corporate Realty, seeks to expand its real estate investments throughout the Gulf South that will contribute to economic development in the region, and Baton Rouge is a critical new office location in achieving this objective.
Corporate Realty’s market knowledge, combined with hard work, has led to its involvement in some of the most important real estate transactions, client relationships, and management assignments in this region, including One American Place and Chase Operation Center in Baton Rouge. Additionally Corporate Realty remains committed to helping create economic opportunities throughout the state. These opportunities include the company’s representations of Tulane University in its recent 336,000 sf lease in Charity Hospital, the New Orleans Ernest N. Morial Convention Center in the planned redevelopment of its 47+ acre site, and Loyola University’s redevelopment of its Broadway campus. The company’s current retail representation includes Starbucks, Costco, Best Buy, Michaels, TJ Maxx, Dick’s Sporting Goods, and PetSmart, along with the grocery store chain ALDI in its rollout in Louisiana. Pesnell’s depth of experience will be another asset, allowing Corporate Realty to continue to serve, and grow, its existing client base.
“I am excited for the opportunity to join Corporate Realty and to be a part of the Gayle Benson group. I have a long history of working alongside Mike and the team at Corporate Realty and believe the combination of our experience and relationships in the Louisiana market will be a tremendous benefit to our current and future clients,” Pesnell said.
To learn how Corporate Realty can assist with your commercial real estate needs in Baton Rouge, contact Branon at bpesnell@corp-realty.com and 225.405.1515. For assistance with commercial real estate needs in New Orleans or throughout the region, contact info@corp-realty.com and 504.581.5005.