13 Oct The Pulse BR: Hotel at LSU southgate sells
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension.
Commercial Sales Recorded Last Week

10045 Gwenadele Ave, Baton Rouge, LA 70816
Type: Hospitality
Price: $5,000,000 ($45,872 / Unit)
Buyer: Baton Rouge Hotel Investment LLC
Elifin’s Notes: Baton Rouge Hotel Investment LLC, a Florida-based company purchases a motel property on Gwenadele Avenue.

17000 Barnett Rd, Zachary, LA 70791
Type: Land
Price: $4,100,000 ($0.36 / Land SF)
Buyer: Ray Gremillion Cattle Farms Inc
Elifin’s Notes: Ray Gremillion Cattle Farms Inc purchases a 264-acre parcel of land in Zachary.

3852 E Brookstown Dr, Baton Rouge, LA 70805
Type: Land
Price: $1,100,000 ($1.06 / Land SF)
Buyer: Honestoires Property LLC
Elifin’s Notes: Honestoires Property LLC acquires 23+ acres of land, with some improvements, between Airline Highway and East Brookstown Drive.

12841 N Oak Hills Pkwy, Baton Rouge, LA 70810
Type: Land
Price: $1,035,340 ($22.64 / Land SF)
Buyer: Fidelis Siegen Lane LLC
Elifin’s Notes: A 1+ acre parcel of land sells in the Oak Hills Place area.

14617 Perkins Rd, Baton Rouge, LA 70810
Type: Industrial
Price: $650,000 ($138.30 / SF)
Buyer: Redstick Roofing Consultants LLC
Elifin’s Notes: Redstick Roofing Consultants LLC acquires an office property on Perkins Road near the Pecue Lane intersection.

807 Railroad Ave, Donaldsonville, LA 70346
Type: Office
Price: $365,000 ($51.37 / SF)
Buyer: Lindsay & K Holding LLC
Elifin’s Notes: Lindsay & K Holding LLC acquires an office property on Railroad Avenue in Donaldsonville.

9766 Jefferson Hwy, Baton Rouge, LA 70809
Type: Office
Price: $350,000 ($64.91 / SF)
Buyer: Sesh LLC
Elifin’s Notes: An office property across from Jefferson Shadows Apartments changes hands.

2020 S Burnside Ave, Gonzales, LA 70737
Type: Office
Price: $295,000 ($159.89 / SF)
Buyer: M & P Holdings LLC
Elifin’s Notes: M & P Holdings LLC purchases an office property on South Burnside Avenue.

3260 S Hwy 1, Donaldsonville, LA 70346
Type: Specialty
Price: $120,000 ($47.26 / SF)
Buyer: Choi, Soojung
Elifin’s Notes: A church property sells in Donaldsville.

13003, 13004 Justice Ave, Baton Rouge, LA 70816
Type: Office
Price: $105,000 ($53.03 / SF)
Buyer: Helen Phuong Pham
Elifin’s Notes: A pair of office condo units sell within an office complex connected to Sherwood Forest Boulevard.

16010 Hwy 44, Prairieville, LA 70769
Type: Retail
Price: $100,000 ($250.00 / SF)
Buyer: Triple A Vo LLC
Elifin’s Notes: A former hair salon property, on a 0.3+ acre lot, sells at the corner of Highway 44 and Merit Evans Road.

5853 Siegen Lane, Baton Rouge, LA 70809
Type: Retail
Price: Withheld
Buyer: FRC STE HD Baton Rouge LLC
Elifin’s Notes: A Harley Davison retail property changes ownership on Siegen Lane.

4001 Nicholson Dr, Baton Rouge, LA 70808
Type: Hospitality
Price: Withheld
Buyer: AH Nicholson LLC
Elifin’s Notes: AH Nicholson LLC, an Alabama-based company, purchases the Sonesta hotel property with 117 rooms on Nicholson Drive near LSU.

6474 Siegen Lane, Baton Rouge, LA 70809
Type: Retail
Price: Withheld
Buyer: Genesis Health Clubs Seigen LLC
Elifin’s Notes: Genesis Health Clubs Siegen LLC acquires a health club property on Siegen Lane
Commercial Permits Issued Last Week
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Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.
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