DOWNLOAD FULL REPORT (PDF) The East Baton Rouge Parish commercial real estate sales market ended 2022 with 531 recorded sales totaling $1.175 billion in transaction volume. That is 5 fewer transactions than 2021 and $165 million more in volume. Like in 2021, Multifamily sales in 2022 saw the most volume with $511 million transacted (43%) and Industrial saw the least with $58.7...
DOWNLOAD FULL REPORT (PDF) At 34 total recorded commercial sales, November was among the slowest of 2022 along with October and February. The most active month so far this year is June, with 60 recorded sales. Transaction volume for November was $129.5 million–a 124% increase from October– bringing the total commercial sales volume to an 8-year high of $1.14 billion. Multifamily property accounts...
DOWNLOAD FULL REPORT (PDF) Officially crossing $1 billion in total transaction volume for the second year in a row, the commercial market continues to set 8-year highs in number of transactions and dollar volume. So far in 2022 there have been 458 recorded sale transactions, an 11% increase over last year at this time. Among the property types tracked by this report, Multifamily...
DOWNLOAD FULL REPORT (PDF) The Commercial Sales market for East Baton Rouge Parish in 2022 remains the most active in 8 years with 424 transactions completed and $952.7mm in volume. With $462.6mm of volume year-to-date, the Multifamily sector has now surpassed its total dollar volume for all of 2021 ($436.6mm). Industrial property transaction volume is up 46.91% over last year at this time...
DOWNLOAD FULL REPORT (PDF) From the 7-year low of commercial sales activity in October 2020, East Baton Rouge Parish has seen a steady upward trajectory in number of sales and sales volume to the current all-time YTD highs of 372 transactions and $798.2 million transacted. The sales market is on pace to break the all-time record of dollar volume transacted and is...
DOWNLOAD FULL REPORT (PDF) Trading at an average of $77,951 per unit, Multifamily sales continue to outpace historical averages and the sector has higher transaction volume in 2022 than all other sectors. Industrial property sales are increasing in both velocity and volume based on 12-month moving averages and transaction volume is up 71% over last year at this time. Additionally,...
DOWNLOAD FULL REPORT (PDF) The commercial real estate market is again on pace to break the $1 billion mark in transaction volume for 2022. After the first 6 months of 2022, there have been 280 transactions totaling $614.1mm in transaction volume. Multifamily continues to experience the highest transaction volume at $302.8mm, accounting for 49.3% of the total. The number of...
DOWNLOAD FULL REPORT (PDF) The Commercial Sales market is continuing to see record year-to-date numbers in 2022 for both total number of sale transactions and total dollar volume transacted – 220 and $454.4mm respectively. After a record year for Multifamily sales in 2021, the total dollar volume year-to-date in 2022 is more than double last year’s figure – $215.8mm vs. $101.9mm. All sectors...
DOWNLOAD FULL REPORT (PDF) With $82mm sold on record in April 2022, the total volume transacted so far in the commercial market crosses $300mm, consistently outpacing each of the previous 7 years. The Retail sector has been most active with 37 sales so far in EBR Parish in 2022, followed by Office with 32. Retail and Industrial are the...
DOWNLOAD FULL REPORT (PDF) Through Q1 2022, the commercial sales market in EBR Parish continues to transact above historical averages in number of sales (118) and dollar volume transacted ($219.6mm). Most sectors of the sales market have seen increases in activity. Multifamily continues to outpace the rest, accounting for 38% of the total volume transacted in Q1 2022 ($84.5mm). Multifamily and Retail are...