Research

The Pulse: New Restaurant Planned on W Lee Dr

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8133 Plank Rd Price: Withheld Buyer: LGP Realty Holdings LP Elifin's Notes : CrossAmerica Partners purchase Shell branded convenience store on the corner of Plank Rd and Harding Blvd from Circle K. Price withheld. 646 N Foster Dr Price: $243,500 ($42 / SF) Buyer: Victory Properties LLC Elifin's Notes : Office building...

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The Pulse: 34 Acre Site in South BR Acquired for Distribution Center

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9316 Burbank Dr Price: $1,780,000 ($593 / SF) Buyer: Blumenfeld BTR LLC Elifin's Notes : Jack in the Box near corner of Burbank Dr and Gardere Ln sells to a California investor. The property was listed for $1,833,000 and leased by Jack in the Box until 2028. 4600 Sherwood...

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The Pulse: When will all businesses be open again?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5460 Airline Hwy Price: Withheld Buyer: NADG NNN CHU (BAT-LA) LP Elifin's Notes : NADG NNN Reit, an investment firm focusing on high visibility single tenant properties, purchases Church's Chicken location on the corner of Airline Hwy and McClelland Dr. Price withheld. Tract A-1-B-1 Groom Rd Price: $189,000 ($5.49 /...

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The Pulse: Survival Guide Tips For Tenants During COVID-19

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10120 Daradele Ave Price: $250,000 Buyer: Hamed Ghassemi Elifin's Notes : BR Autoplex owner purchases the site used by the dealership near the Airline Hwy, I-12 intersection. 6613-6633 Government St Price: Price Withheld Buyer: Supernova Holdings LLC Elifin's Notes : Matthew Shirley purchases property on the corner of Government St and Bellewood...

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The Pulse: Sherwood Towers I & II Sell to Local Investor

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11550 Newcastle Ave & 3636 S Sherwood Forest Blvd Price: Price Withheld Buyer: Pecan Grove Commercial Properties LLC Elifin's Notes : Local investor Brad Roberts purchases Sherwood Towers I & II off S Sherwood Forest Blvd. 4949 North Blvd Price: Price Withheld Buyer: 4949 Partners LLC Elifin's Notes : Investor purchases building...

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The Pulse: Corporate Blvd Land Sells for 8.8 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6031 Jones Creek Rd Price: $500,000 ($154 / SF) Buyer: Cobalt Realty LLC Elifin's Notes : Local investor purchases former MidSouth Bank branch on Jones Creek Rd. 3054 Perkins Rd Price: $325,000 ($81 / SF) Buyer: Red Sauce Boss Properties LLC Elifin's Notes : Pinetta's European Restaurant owner purchases the building used...

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The Pulse: Hammond Aire Sells & Street Name Change to Burrow Road

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Hammond Aire Shopping Center: Lot B-1-A-1, B-1-G, B-1-B-1-A Airline Hwy Price: Price Withheld Buyer: Hammond Aire, LLC, Mont Belview Properties V, LLC Elifin's Notes : Hammond Aire Plaza Shopping Center purchased by Hammond Aire, LLC and Mont Belview Properties V, LLC. Price withheld. 11726 Richcroft Ave Price: $435,000 ($24 /...

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The Pulse: Embassy Apartments Sell for $11.6 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3918, 3928, 3942, 3964 Gourrier Ave Price: $11,600,000 ($77,333 / Unit) Buyer: Tiger Pointe Owner LLC Elifin's Notes : New York firm CLK Properties purchases the Embassy Apartments, a 150 unit complex off Nicholson Dr near the LSU campus. 10040 Burbank Dr Price: Price Withheld Buyer: Agree Stores LLC Elifin's Notes :...

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The Pulse: Baton Rouge Medical Clinic Sells for $4.1 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 505 E Airport Ave Price: $4,122,000 ($318 / SF) Buyer: Yellowhammer Partners LLC Elifin's Notes : Peranich Huffman Net Lease Group, a Texas real estate brokerage firm specializing in single tenant medical office and dialysis property investment sales, purchase facility Baton Rouge Vascular Access clinic. 8046, 8050 Florida Blvd Price:...

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The Pulse: Is Your Office Too Boring?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7855 Howell Blvd Price: $7,175,000 ($94 / SF) Buyer: NEC Baton Rouge LP Elifin's Notes : Champion Medical Office Building sells to Texas-based investment firm, New Era Companies. 11930 S Harrell's Ferry Rd Price: $1,200,000 ($103 / SF) Buyer: Mallery Charles Mele II Elifin's Notes : Covington-based Mele Printing purchase Printing Tech...

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