Dialysis company buys land in Howell Place

DaVita, which operates more than 2,000 dialysis care centers in the U.S., has purchased land in Howell Place for a north Baton Rouge location.

Palestra Properties, a Pennsylvania company that has handled some real estate deals for DaVita, bought the 1.1-acre tract on Howell Boulevard for $335,286 in a transaction that was filed Thursday with the East Baton Rouge Parish Clerk of Court’s Office.

Richard Preis, the developer of Howell Place, said the plan is to build a dialysis center between the ExxonMobil YMCA and the Greater Baton Rouge Surgical Hospital.

DaVita, based in Denver, has three dialysis centers in metro Baton Rouge, including locations on O’Neal Lane and in Gonzales and Donaldsonville. Berkshire Hathaway, the investment firm owned by billionaire investor Warren Buffett, has about a 15 percent stake in DaVita.

Preis said it took about three or four months to put the deal together.

“This is a good deal for north Baton Rouge,” he said.