Piccadilly: Not selling headquarters site
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Piccadilly Restaurants LLC said today it’s not selling and leasing back its headquarters at 3232 S. Sherwood Forest Blvd. in Baton Rouge, as had been reported earlier this week.
A broker mistakenly placed the building for sale and lease-back on a commercial real estate Web site, the cafeteria and food-service company said.
Piccadilly currently occupies 22,000 of the 40,000 square feet in the headquarters building and is only looking to lease an unoccupied 15,000-square-foot suite on the second floor of its building, the company said.
“Piccadilly was born in Baton Rouge in 1941,” said Tom Sandeman, Piccadilly president and CFO, in a statement. “We have been headquartered at 3232 Sherwood for the past 30 years and have no plans to relocate in the near future. We are committed to Baton Rouge.”
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