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Leasing dispute clouds Shreveport medical center plans
JATON Baton officials questioned who owns the charity property as the Senate budget panel weighs a 99 year lease to Arien then a 45 year sublease to Farmers Seafood for a medical complex across Confederate Memorial Hospital. The deal hinges on a 600 space parking lot with a projected $4.65 per square foot rate and a 1.5 million appraised value yielding a 16.5 percent return amid ownership questions and political ties.
MENTIONED IN THIS ARTICLE
Shreveport
Bessie, Barron
Stanley Peacock
Arien
Louisiana
New Orleans
Farmers Seafood Company
Kyle
Farmers Seafood
Times - World
Alex S. Mijalis
Gus Mijalis
Edwin Edwards
North Louisiana
Secretary of State
Arlen Corporation
Ralph Perlman
Shreveport Medical School
Confederate Memorial Hospital
Medical School
Perlman
Medical Center
Vivian Sen
Don Williamson
Reilly
Mijalis