Research

11 Jul The Pulse BR: Triplet’s Blue Store Purchases Lot and Hooper Pointe Apartments Sold

Posted at 10:43h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4888 Hooper Rd Type: Multifamily Price: $11,750,000 ($66,761 / Unit) Buyer: 4888 Hooper Road LA LLC Elifin's Notes: California-based investors purchase Hooper Pointe Apartments near the Hooper Rd and Plank Rd intersection. 11021 Plank Road Type: Multifamily Price: $4,000,000 ($55,556 / Unit) Buyer: Edgewood Manor LA LLC Elifin's Notes: Brooklyn-based investor purchases the Edgewood...

04 Jul The Pulse: Dawson Creek Apartments and Mason’s Grill Sold

Posted at 09:54h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8453 Picardy Ave Type: Multifamily Price: $45,725,000 ($295,000 / Unit) Buyer: RK Dawson Park DST Elifin's Notes: Dawson Park Apartments, a four story 155 unit complex in the health district of Baton Rouge, sells to RK Properties, a California-based multifamily investment company.. 270 Main St Type: Retail Price: $3,361,908 ($1,457 / SF) Buyer:...

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27 Jun The Pulse: Raising Cane’s Purchase and Brooklyn Firm Buys Four Apartment Complexes

Posted at 09:08h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1616 North Harco Drive Price: Withheld Buyer: Skyward BR Equities LLC Elifin's Notes: A Brooklyn-based investment group purchases the Oak Village Apartments, a 98 unit complex near BRCC. Price withheld. 1737 La Annie Drive Price: Withheld Buyer: Skyward BR Equities LLC Elifin's Notes: Brooklyn-based investment group purchase Olive Square Apartments, a 96...

20 Jun The Pulse: ELIFIN® is Hiring and Commerce Building Downtown Sold

Posted at 09:37h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 644 Monet Drive Price: $1,100,000 ($45,833 / Unit) Buyer: 644 Monet Investments LLC Elifin's Notes: Monet Place, a 24 unit apartment complex, sells to a Texas-based investor. 10235 Jefferson Hwy, Building 6, Suites B, C Price: $993,303 ($267 / SF) Buyer: B & E Metro LLC Elifin's Notes: Weiler Plastic Surgery purchases...

14 Jun Commercial Sales Report – May 2022

Posted at 11:47h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

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...

13 Jun The Pulse: Associated Grocers and Focus Foods Purchase Industrial Properties

Posted at 08:07h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

06 Jun The Pulse: Zachary Apartments Sold for 31m and Waste Pro Purchases 87 Acres

Posted at 09:08h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

29 May The Pulse: Christian Brothers Automotive Property Sold and YMCA Rezoning

Posted at 22:06h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

23 May The Pulse: April 2022 Commercial Sales Report Released

Posted at 09:20h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

23 May Commercial Sales Report – April 2022

Posted at 09:00h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

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...