From an Agricultural Entity,
To Investing and Developing Real Property.
Company Description
Levert-St. John, LLC
The principal asset of this company is agricultural land, (over 11,000 acres) all in St. Martin Parish, Louisiana. The Levert-St. John, LLC lands are made up primarily of four plantations, St. John, Banker, Burton and Stella, all in St. Martin Parish.
These acres are used as follows:
- Sugar Cane – our operation…………………….4,774 acres
- Sugar Cane – Tenants……………………………4,415 acres
- Crawfish and Rice – Tenant…………………….1,939 acres
Last year Levert – St. John produced approximately 42 million lbs of sugar off of its lands (both self and tenant operations combined). All cane is sold to the Louisiana Sugar Cane Cooperative which operates a sugar mill on property sold to it by the Company.
The management of the St. Martin properties is carried out by Edward C. Levert (Charlie) who reports directly to the President. Charlie has been employed by the company since 1990 and is the son of L. C. Levert, III whom in his capacity as Vice President, managed the farming operation for 40 years and has been retained on a part-time basis as a consultant.
The “St, John House” (Circa 1828) is located on the St. John Plantation next to the sugar mill and is available on a rental basis to stockholders.
In addition, the Company owns and manages approximately nine (9) offsite commercial properties in south Louisiana and Memphis Tennessee containing some 300,000 square feet.
J.B. Levert Land Company, LLC
This Company has evolved from an agricultural entity to a real estate company, active in investing in and developing real property. Its traditional sugar cane lands are leased to tenant farmers. It owns approximately 7,000 acres (5,000 Thibodaux / 2,000 St. Charles) in its own right and another 5,670 acres in partnerships (320 acres - Levert / Morvant, Ashton Plantation Estates, LLC - 1,050 acres and Ridgeland Properties, LLC - 4,300 acres).
The principal centers of Land Company activity are in Lafourche and in St. Charles Parishes, Louisiana. In Lafourche, the Company is conducting residential development activities through two limited liability companies owned by the Company’s stockholders. In St. Charles Parish, the Company is developing its own properties and, in addition, is co-owner/manager of other residential developments (Ashton Plantation Estates, LLC and Ridgeland Properties, LLC).
The Company manages approximately thirty (30) ground lease on lands that it owns and is also active in real estate investment, owning over thirty (30) buildings containing approximately 600,000 square feet of commercial, industrial and residential facilities in South Louisiana and in nearby southern states.