DOWNLOAD FULL REPORT (PDF) As we pass the 13-month mark since the COVID shutdown in March 2020, all sectors of the commercial real estate sales market in EBR Parish are trending above historical numbers. The total number of commercial sales is up 37% and the total dollar ($) volume of sales is up 41% compared to the previous 6-year...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 459 Apartment Court Dr Price: $1,060,000 ($44,167 / Unit) Buyer: 459 Apartment Court, LLC Elifin's Notes: A Florida-based investor purchases 24-unit apartment complex off Government St in Mid-City. 1701 Ryder Dr Price: $460,000 ($65,714 / Unit) Buyer: Military Highway Property LLC Elifin's Notes: Local multifamily investor purchases 7 unit apartment complex consisting...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6647 Sullivan Rd Price: $1,100,000 ($30 / SF) Buyer: Trade Properties LLC Elifin's Notes: Local investor purchases retail property consisting of 5 buildings near the corner of Sullivan Rd and Greenwell Springs Rd in Central. 12154 Hooper Rd Price: $345,000 ($34,500 / Unit) Buyer: Izzy Property LLC Elifin's Notes: Local investor purchases...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5734 S Sherwood Forest Blvd Price: $347,000 ($86 / SF) Buyer: Phamily N Co Elifin's Notes: Fully leased, 3-suite retail property sells off S Sherwood Forest Blvd just north of the Airline Hwy intersection. No Office Sales last week in EBR Parish No Multifamily Sales last week in EBR Parish Land...
DOWNLOAD FULL REPORT (PDF) Activity in the commercial sales market continues to increase as Q1 2021 ends. The number of overall sales transactions is up 49% over the previous 6-year average and the total $ volume is up nearly 98%. With 9 multifamily sales in March 2021, the Multifamily sector is now up 100% over previous YTD figures. Total...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2105 Oak Villa Blvd Price: $3,500,000 ($29 / SF) Buyer: Ametek DE LLC Elifin's Notes: Ametek, a global electronics manufacturer, purchases Orion Instruments office and warehouse near the corner of Oak Villa Blvd and S Choctaw Dr. 4573 Bennington Ave Price: $178,000 ($132 / SF) Buyer: Mo's Art Supply & Framing...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2435 Drusilla Lane Price: $670,000 ($83 / SF) Buyer: JakCar LLC Elifin's Notes: Real estate agents purchase office building on the corner of Drusilla Lane and Brookline Ave. 1885 Wooddale Blvd Price: $525,000 ($5 / SF) Buyer: Rhino Holdings Wooddale LLC Elifin's Notes: A Nevada-based investment firm, Rhino Investments, purchases former state...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 20191 Plank Rd Price: $700,000 ($241 / SF) Buyer: Family Enterprise 1 Inc Elifin's Notes: Local investor purchases Shell branded gas station in Zachary on the corner of Plank Rd and Main St. 1900 Main St Price: $1,250,000 ($20 / SF) Buyer: 1900 Main St LLC Elifin's Notes: Moore Care Caregiver Services...
DOWNLOAD FULL REPORT (PDF) Through February 2021 the total number of commercial sales and total dollar volume of commercial sales are both up 40% over the previous 6-year averages, signaling a strong start to 2021. Compared to this time in 2020, the number of commercial sales in 2021 is up 36% and the total dollar volume transacted is up 63%. ...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11716 Bricksome Ave Price: $272,000 ($$21.40 / SF) Buyer: RRMorris Properties LLC Elifin's Notes: Two office buildings sell off S Sherwood Forest Blvd near I-12. 7170 Burbank Dr Price: $350,000 ($19.13 / SF) Buyer: B Jasper Holdings LLC Elifin's Notes: Local doctor purchases office building on Burbank Dr west of Staring Lane...