Proposed 2.8 Million SF Distribution Center at Cortana Mall
The January 18, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $6.07M in disclosed volume. The headline deal: POP-BR LLC, a California-based investor, paid $2.43M ($998/SF) for the Popeyes on Florida Boulevard near McGehee Drive. Retail led the week with five of the eight sales, including a Dollar General on Government Street bought by real estate agent Lawrence Maestri, while two office/warehouse facilities and a set of industrial-zoned lots on North Street rounded out the week.
Commercial Sales Recorded Last Week 8 sales
10706 Florida Blvd
$2,433,835 $998 / SF
California-based investor purchases Popeyes on Florida Blvd near the McGeHee Dr intersection.
BuyerPOP-BR LLC
9150 Greenwell Springs Rd
$1,200,000 $19 / SF
Grabince Cabinetry & Granite owner purchase office/warehouse off Greenwell Springs Rd near the Joor Rd intersection.
BuyerGulf Coast International Investment LLC
5652 Government St
$875,000 $103 / SF
Real estate agent Lawrence Maestri purchases Dollar General on Government St near the Jefferson Hwy intersection.
BuyerHole in the Wall Holdings LLC
Florida St at N Acadian Thwy
$625,000 $58 / SF
Vacant retail building across from BR General Mid-City purchased by Collis Temple, III from Todd Graves and Robert Daigrepont, Jr.
BuyerBentbart II LLC
14831 Blackwater Rd
$375,000 $45 / SF
Pit Stop Auto Shop owners purchase Sonny's Auto Repairs in Central on the corner of Blackwater Rd and Dyer Rd.
BuyerOde Investment Properties LLC
5912 Main St
$250,000 $11.96 / Land SF
Car wash sells across the street from the Walmart in Zachary.
BuyerZachary's HBIC II LLC
3960 North St
$175,000 $19 / SF
Manuel Sheet Metal owner purchases office/warehouse facility from Airtrol Engineering Company.
BuyerManuel Properties LLC
555 Lofaso St
$140,000 $5.74 / Land SF
Metro Mechanical Inc president purchases industrial zoned lots on the corner of North St and Lofaso St from Airtrol Engineering Company.
BuyerW Investments LLC
Upcoming Planning Commission Cases 1 case
Distribution Center at Cortana Mall
Proposed to tear down old Cortana Mall structure and build a brand new 2.8 million square foot distribution center.
Commercial Permits Issued Last Week
The East Baton Rouge Permit Office is experiencing technical difficulties with their online dataset(s). We will include all issued permits once they are available.