- Investment Highlights
- 266,734 square feet across six Class A buildings in Monroe's Central Business District, featuring 409 parking spaces, and all Flood Zone X.
- $29M+ in combined capital improvements — 3-phase electrical, whole-building generators, and multiple elevators.
- Monroe sales tax up 10% YOY; new hotel developments, added airline service, and out-of-state developers entering the CBD.
- Anchored by the State Building (108,683 square feet, $24M renovation) and Vantage Tower (120,643 square feet, 149-space parking garage).
- $50B+ in announced data center investment in the North Louisiana AI Corridor — Meta ($27–$30 billion), Amazon ($12 billion), and more.
- Available as a whole ($20.5 million) or in sub-packages — flexible acquisition structure for experienced developers.
Property Description
The Annex: 328 DeSiard Street
Classification: Sprinklered Class A Corporate HQ Office
Building Size: 24,464 SF
Levels: Three (3) stories — 1st: 9,000 SF | 2nd: 8,000 SF | 3rd: 8,000 SF
Parking: 32 spaces (11,491 SF paved & secured rear lot)
Elevators: One (1) passenger
Infrastructure: 3-phase electrical, backup generator
Year Built: 1930
Renovations: 2004 and 2014
Flood / Zoning: Flood Zone X (No Flood) | CBD
The Medical Office (TMO): 112 St. John Street
Classification: Class A CBD Retail / Office
Building Size: 3,115 SF
Parking: 18 dedicated off-street spaces (separate lot included)
Year Built: 1980s
Flood / Zoning: Flood Zone X (No Flood) | CBD
Affinity / St. John Pharmacy: 110 St. John Street
Classification: Class A CBD Retail
Building Size: 3,754 SF
Levels: Two (2)
Parking: None dedicated
Year Built: 1920s
Flood / Zoning: Flood Zone X (No Flood) | CBD
Grand Street Parking Lots
Includes Two (2) Improved Lots on N. Grand St.
.087 Acres
45 Parking Spots
The Production Building: 127 St. John Street
Classification: Class A CBD Retail / Office
Building Size: 6,034 SF
Parking: 25 dedicated off-street spaces
Year Built: 1960s
Flood / Zoning: Flood Zone X (No Flood) | CBD
MARKET CONTEXT — NORTH LOUISIANA AI CORRIDOR
North Louisiana has attracted over $50 billion in announced data center investment, creating an unprecedented demand surge across the region.
Meta broke ground in January 2025 on one of the largest AI data centers in the country in Richland Parish, approximately 30 miles east of Monroe. Originally announced at $10 billion, the project has grown to an estimated $27–30 billion investment with approximately 4,000 construction workers currently on site. Monroe, as the region's largest city, is the primary beneficiary of the resulting demand for housing, hospitality, dining, and professional services.
In February 2026, Amazon announced a $12 billion investment in data centers in northwest Louisiana, expected to create 540 direct jobs and over 1,700 indirect jobs. A third major project — a $10 billion data center in West Feliciana Parish — is also underway.
The impact on Monroe's downtown is already visible: sales tax collections are up 10% year over year, new hotel developments are accelerating, American Airlines has added flights to Monroe Regional Airport, and out-of-state developers are pursuing adaptive reuse projects in the CBD for the first time in decades.