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...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14343 Greenwell Springs Rd Price: $585,000 ($443 / SF) Buyer: Fast Stop Realty LLC Elifin's Notes: Marathon branded gas station on the corner of Greenwell Springs Rd and Sullivan Rd in Central sells to group of local investors. 10605 Airline Hwy Price: $270,000 ($87 / SF) Buyer: Ali Abdo Hagag Elifin's Notes:...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9123 Cortana Pl Price: $12,500,000 Buyer: Amazon.com Services LLC Elifin's Notes: Amazon purchases former Mervin's location and the center of the shuttered Cortana Mall in preparation for the online retailer's forth coming distribution center. 9501 Cortana Pl Price: $4,750,000 Buyer: Amazon.com Services LLC Elifin's Notes: Amazon purchases former Virginia College property at...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10732 S Mall Dr Price: $34,500,000 ($75,000 / Unit) Buyer: Evergreen at Tuscany Villas LLC Elifin's Notes: Tuscany Villas Apartments, a 460-unit complex located off Siegen Lane near I-10, sells to Florida-based investor. 1701 Main St Price: $1,090,250 ($66 / SF) Buyer: East Baton Rouge Council on the Aging, Inc Elifin's Notes:...
DOWNLOAD FULL REPORT (PDF) A total of $45m was transacted in commercial sales volume in January 2021 in East Baton Rouge Parish, compared to $25.2m at this time last year–an increase of 78%. Commercial sales activity was up 48% in January 2021 compared to the average year-to-date figures over the previous 6 years. The Industrial sector saw a significant increase in activity (+223%)...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2380 O'Neal Lane Price: $1,145,035 ($95 / SF) Buyer: 2380 Oneal, LLC Elifin's Notes: Local investor purchases office building off O'Neal Lane just south of I-12 intersection. 17461 Jefferson Hwy, Unit C Price: $122,500 ($128 / SF) Buyer: HJT Properties LLC Elifin's Notes: Office suite sells in the Highland Club Office condominium. No...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9977 Airline Hwy Price: $1,200,000 ($205 / SF) Buyer: Benesh Properties LLC Elifin's Notes: Local investor purchases former auto dealership site off Airline Hwy near the I-12 intersection. 548 S Foster Dr Price: $225,000 ($237 / SF) Buyer: 548 Properties LLC Elifin's Notes: Retail property sells near the corner of S Foster...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7389 Florida Blvd Price: $8,000,000 ($25 / SF) Buyer: Edge 7389 Florida Blvd LLC Elifin's Notes: Glacier Global Partners, a New York-based investment firm, purchase Bon Carre Business Center on the corner of Florida Blvd and Lobdell Blvd. 2414 Bunker Hill Dr Price: $4,140,000 ($27 / SF) Buyer: 2414 Bunker Hill...