Commercial Properties Realty Trust (CPRT) is a leading real estate development and management company with a diverse portfolio of properties in Louisiana, North Carolina, and Puerto Rico. With over 70 years of experience, CPRT has established a reputation for developing and managing high-quality office complexes, retail spaces, shopping centers, apartment buildings, and mixed-use master-planned developments. Their properties not only contribute to the economic growth of the communities they serve but also add civic and development value. CPRT's commitment to excellence is evident in their award-winning projects, such as The Water Campus in Baton Rouge and the Kannapolis Crossing in Charlotte, which are set to become iconic landmarks in their respective regions.
Founded in 1951 by Wilbur Marvin, CPRT has a long history of successful real estate ventures. In 1992, the company established The Wilbur Marvin Foundation, which operates as CPRT's real estate entity to generate funds for charitable causes. Over the years, CPRT has played a pivotal role in revitalizing downtown Baton Rouge, with notable projects like the Hilton Capitol Center and The Arts Block. Their dedication to creating vibrant communities is further exemplified by the development of Acadian Village, a premier shopping center that houses prestigious tenants and has become a popular destination for locals and visitors alike. With a commitment to sound business practices and community development, CPRT continues to set the standard for real estate development in the regions they operate.
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