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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10732 S Mall Dr Price: $34,500,000 ($75,000 / Unit) Buyer: Evergreen at Tuscany Villas LLC Elifin's Notes: Tuscany Villas Apartments, a 460-unit complex located off Siegen Lane near I-10, sells to Florida-based investor. 1701 Main St Price: $1,090,250 ($66 / SF) Buyer: East Baton Rouge Council on the Aging, Inc Elifin's Notes:...

DOWNLOAD FULL REPORT (PDF) A total of $45m was transacted in commercial sales volume in January 2021 in East Baton Rouge Parish, compared to $25.2m at this time last year–an increase of 78%. Commercial sales activity was up 48% in January 2021 compared to the average year-to-date figures over the previous 6 years. The Industrial sector saw a significant increase in activity (+223%)...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2380 O'Neal Lane Price: $1,145,035 ($95 / SF) Buyer: 2380 Oneal, LLC Elifin's Notes: Local investor purchases office building off O'Neal Lane just south of I-12 intersection. 17461 Jefferson Hwy, Unit C Price: $122,500 ($128 / SF) Buyer: HJT Properties LLC Elifin's Notes: Office suite sells in the Highland Club Office condominium. No...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9977 Airline Hwy Price: $1,200,000 ($205 / SF) Buyer: Benesh Properties LLC Elifin's Notes: Local investor purchases former auto dealership site off Airline Hwy near the I-12 intersection. 548 S Foster Dr Price: $225,000 ($237 / SF) Buyer: 548 Properties LLC Elifin's Notes: Retail property sells near the corner of S Foster...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7389 Florida Blvd Price: $8,000,000 ($25 / SF) Buyer: Edge 7389 Florida Blvd LLC Elifin's Notes: Glacier Global Partners, a New York-based investment firm, purchase Bon Carre Business Center on the corner of Florida Blvd and Lobdell Blvd. 2414 Bunker Hill Dr Price: $4,140,000 ($27 / SF) Buyer: 2414 Bunker Hill...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11440 Bard Ave Price: Withheld Buyer: 11440 Bard Avenue Associates LLC Elifin's Notes: Michigan-based Contour Companies purchases Pine Grove Apartments near the corner of N Sherwood Forest Dr and Bard Ave. Price withheld. 9343 Florida Blvd Price: $536,000 ($78 / SF) Buyer: Skylight Holdings LLC Elifin's Notes: The owner of the Galileo...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7529 Perkins Rd (Units 150-A-1, 250-300) Price: $770,000 ($83 / SF) Buyer: Fangting Liang Elifin's Notes: Local investors purchases seven office suites in a mixed used office/retail business park near the corner of Perkins Rd and Essen Lane. 9718 Sullivan Rd Price: $315,000 ($88 / SF) Buyer: GDC Properties, LLC Elifin's Notes:...

DOWNLOAD FULL REPORT (PDF) December 2020 brought the total number of commercial sales in EBR Parish to 370, narrowly edging out 2019's total sales number of 368 and closing out 2020 only 1.70% down from the 5-year moving average. The overall dollar volume of commercial sales in 2020 saw a 15.1% decrease from 2019. Transactions in December 2020 lifted the total $ volume...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10706 Florida Blvd Price: $2,433,835 ($998 / SF) Buyer: POP-BR LLC Elifin's Notes: California-based investor purchases Popeyes on Florida Blvd near the McGeHee Dr intersection. 5652 Government St Price: $875,000 ($103 / SF) Buyer: Hole in the Wall Holdings LLC Elifin's Notes: Real estate agent Lawrence Maestri purchases Dollar General on Government...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1919 Boulevard De Province Price: $8,800,000 ($56,774 / Unit) Buyer: 1919 Boulevard De Province 2020 LLC Elifin's Notes: Cedar Grove Capital purchases Kingston Point Apartments, a 155 unit complex at the corner of Blvd de Province and N Harrell's Ferry. 3325 Monterrey Dr Price: $2,000,000 ($41,667 / Unit) Buyer: Monterrey Management...