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![]() History Founded in 1951 by Baton Rouge businessman Wilbur Marvin, Commercial Properties Realty Trust (Commercial Properties) began as a commercial real estate company formed to primarily acquire, own, lease, redevelop and manage neighborhood and community shopping centers. Today, it is a successful real estate investment trust (REIT) and, as an affiliate of the Baton Rouge Area Foundation, its profits provide community impact and benefit. Commercial Properties owns a superior portfolio of assets across the Southeastern United States that includes $500 million in investment-grade properties totaling over 4 million in square feet. As a realty trust, Commercial Properties develops and improves real estate, bringing together land, capital, entitlements, design, construction and the market.
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