Research

DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase Two of the federal government’s plan for reopening throughout the month of August. Dollar volume of sales for all commercial property transactions year to date is currently 18.79% lower than the previous 5-year low in 2016. Throughout the pandemic, the number and dollar volume of retail transactions has remained notably higher than previous years....

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3045 Westfork Dr Price: $840,000 ($94 / SF) Buyer: Sonco Capital LLC Elifin's Notes: Dynamic Construction Group purchase office building near the intersection of S Sherwood Forest Blvd and Southfork Ave. 601 Napoleon St Price: $375,000 ($174 / SF) Buyer: Belacloux Properties LLC Elifin's Notes: Belanger Interiors owners purchase office building in...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2330 O'Neal Lane Price: Withheld Buyer: Greenridge Retail LLC Elifin's Notes: Houston-based investor purchases Racetrac off O'Neal Lane. Price withheld. 11020 Airline Hwy Price: Withheld Buyer: Sunbelt Properties of Mississippi LLC Elifin's Notes: Sunbelt Lightning purchase Enterprise Car Rental facility near the Airline Hwy, Jefferson Hwy intersection. Price withheld. 2509 Gardere Lane Price: $250,000...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4311 Bluebonnet Blvd Price: $775,000 ($193 / SF) Buyer: Jacoj Properties & Investments, LLC Elifin's Notes: Local investor purchases office building in Parc at Claycut Bayou Office Park. 329 St Ferdinand St Price: $365,000 ($118 / SF) Buyer: JCS Metro Investments LLC Elifin's Notes: Local investor purchases office in Beauregard Town just...

DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12470 Hooper Rd Price: $371,250 ($93 / SF) Buyer: Kingfish LLC Elifin's Notes: Crossfit gym on 3.9 acres sells in Central on Hooper Rd. 8194 Plank Rd Price: $185,000 ($96 / SF) Buyer: City of Baton Rouge / Parish of East Baton Rouge Elifin's Notes: The City of Baton Rouge purchases former...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10613 Burbank Dr Price: Withheld Buyer: CS-SRG Propco LLC Elifin's Notes: Nashville-based investment firm, Capital Spring, purchases Popeyes off Burbank Dr near the Bluebonnet Blvd intersection. Price withheld. 10706 Florida Blvd Price: Withheld Buyer: CS-SRG Propco LLC Elifin's Notes: Nashville-based investment firm, Capital Spring, purchases Popeyes off Florida Blvd at Harvey Dr....

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4313 Bluebonnet Blvd Price: $642,000 ($186 / SF) Buyer: Parc Claycut LLC Elifin's Notes: Local plastic surgeon purchases building at The Parc of Claycut Bayou office park. 9441 Common St Price: $250,000 ($61 / SF) Buyer: EDR Construction LLC Elifin's Notes: Office building sells near the corner of Old Hammond Hwy and...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3350 Wyoming St Price: $945,000 ($42,955 / Unit) Buyer: 3350 Wyoming LLC Elifin's Notes: The Ivy Courtyard, a 22-unit apartment complex off Nicholson Dr, sells to investor. Seville Place Portfolio Price: $490,000 ($81,667 / Unit) Buyer: Kapel Properties LLC Elifin's Notes: Alabama investor purchases a 4-plex, duplex, and two residential houses in...

DOWNLOAD FULL REPORT (PDF) As May turned to June and the Louisiana heat arrived in full effect, the state moved into "Phase Two" of the federal government's plan for reopening. While this reopening progress coincided with a slight uptick in sale transactions and total dollar volume month over month, trepidation remained among many investors and the overall business community. As noted in...