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...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5505 Highland Rd Price: $853,888 ($474 / SF) Buyer: Bank of St Francisville Elifin's Notes: The Bank of St. Francisville purchases former Investar Bank location on Highland Rd. 11330 Coursey Blvd Price: $1,320,000 ($367 / SF) Buyer: Neil's Quick Stop LLC Elifin's Notes: Convenience store sells on the corner of Coursey Blvd...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5744 S Sherwood Forest Blvd Price: $475,000 ($264 / SF) Buyer: LSW RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change and Car Care on S Sherwood Forest Blvd sells to local investor. 3311 Drusilla Lane Price: $545,000 ($303 / SF) Buyer: CHK RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14455 Airline Hwy Price: $4,320,000 ($800 / SF) Buyer: Larock Properties LLC Elifin's Notes: Little Rock-based investor purchases Christian Brother's Automotive on Airline Hwy near Baringer-Foreman Rd. 1939 S Sherwood Forest Blvd Price: $475,000 ($84 / SF) Buyer: 61 Coronado Ave LLC Elifin's Notes: Former State Bank & Trust Company branch sells...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1000 Government St Price: $2,600,000 ($1,182 / SF) Buyer: 3369 Vinton Partners LLC Elifin's Notes: Los Angeles-based investor purchases Sonic in downtown Baton Rouge. 602 Main St Price: $262,500 ($73 / SF) Buyer: 602 Main Street LLC Elifin's Notes: Local attorney purchases downtown building on the corner of Main St and 6th...
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...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4444 Tigerland Avenue Price: $8,300,000 ($67,480 / Unit) Buyer: Tigerland Holdings LLC Elifin's Notes: Local investor purchases the Latitude 30 Apartments in Tigerland. 449 Ben Hur Road Price: $80,100,000 ($267,893 / Unit) Buyer: 449 Ben Hur Road (LA) Owner LLC Elifin's Notes: Chicago-based investor purchases the Exchange of Baton Rouge, a 299...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7656 Realtors Ave Price: $1,770,000 ($221 / SF) Buyer: FCPT Holdings LLC Elifin's Notes: Four Corners Property Trust purchase the Fresenius Kidney Care Bon Carre medical office on Realtor's Ave off of Lobdell Blvd. 11741 Market Place Ave Price: $285,000 ($111 / SF) Buyer: 11741 Market Place LLC Elifin's Notes: Office building...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9352 Interline Avenue Price: $657,000 ($95 / SF) Buyer: 9352 Interline LLC Elifin's Notes: Local investor purchases office building off Interline Ave. 4229 North Blvd Price: $200,000 ($100 / SF) Buyer: ACADIAN OAKS PET CLINIC, INC Elifin's Notes: Wahaya IT purchase Midcity property formerly used as a vet clinic. 8281 Goodwood Blvd Price: $1,915,000...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3043 Old Forge Dr Price: $700,000 ($129 / SF) Buyer: Cambre Real Estate Investments LLC Elifin's Notes: Local investor purchases office building just off Bennington Ave near College Dr. 11745 Bricksome Ave, Unit A4 Price: $104,000 ($87 / SF) Buyer: Tregg Wilson Elifin's Notes: Office suite sells at Bricksome Place Office Condominiums. 3942...