Commercial Properties Development Corporation was founded in 1951 by Baton Rouge businessman, Wilbur Marvin. The company acquired, developed, and leased neighborhood and community shopping centers. In 1992, after forty successful years, Mr. Marvin established the Wilbur Marvin Foundation –a supporting organization of the Baton Rouge Area Foundation, and structured what would become Commercial Properties Realty Trust as the foundation's real estate entity in order to generate funds for civic and charitable causes. This was a defining moment for the Marvin family legacy and an even greater moment for the future of Baton Rouge. Mr. Marvin certainly realized that his foundation would impact this community, but even he would never have imagined the significant contributions his foundation would make.
To seek out development opportunities that add to the greater good, and operate a commercial real estate company that ensures profitability while making a difference in the communities where we invest.
To use our experience, expertise, creativity and exceptional reputation to provide operational excellence as a trusted commercial real estate company with extraordinary assets for long-term value and impact.