DOWNLOAD FULL REPORT (PDF) After 11 months, 2021 has officially exceeded each of the previous six-year highs in both number of commercial sales transactions (471) and total dollar volume transacted ($800m). The Multifamily sector continues to see the most significant change from 2020 with a 340% increase in transaction volume in 2021. Industrial sector sales have not set a...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3608, 3610, 3612 Capital Heights Ave Price: $330,000 ($110,000 / Unit) Buyer: Theresa Overby Elifin's Notes: Triplex multifamily property in Mid City sells. 7324 Menlo Drive Price: $3,250,000 ($101,563 / Unit) Buyer: KMA SCP Owner LLC Elifin's Notes: Austin-based investor purchases Kenilworth Manor Apartments, a 32 unit, 2 bed / 2 bath...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 16560 Commercial Ave Price: Withheld Buyer: Double F Logistics LLC Elifin's Notes: Capitol City Produce purchases office building neighboring their warehouse facility on Commercial Ave near the I-12 and O'Neal Lane intersection. Price withheld. 13360 Coursey Blvd, Suite C Price: $430,000 ($178 / SF) Buyer: Impact Ventures LLC Elifin's Notes: Local investor...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2595 N Sherwood Forest Blvd Price: $231,271 ($128 / SF) Buyer: Loantrang LLC Elifin's Notes: City Towne Tire Shop sells on the corner of N Sherwood Forest Blvd and S Choctaw Dr. 4509 Hwy 19 Price: $758,000 ($505 / SF) Buyer: Linden Dean Elifin's Notes: Oklahoma-based investor purchases Take 5 Oil Change...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10221 Coursey Blvd Price: $1,100,000 ($440 / SF) Buyer: MM LA Properties LLC Elifin's Notes: Majors Management, a Georgia-based convenience store developer, purchases Circle K on the corner of Coursey Blvd and Cedarcrest Ave. 6920 Bluebonnet Blvd Price: $1,190,000 ($291 / SF) Buyer: 6920 Bluebonnet Boulevard LLC Elifin's Notes: New York investment...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6031 Siegen Ln Price: $2,500,000 ($151 / SF) Buyer: YC Perkins LLC Elifin's Notes: Local investor purchases Siegen Lane Center, a retail strip center on the corner of Siegen Lane and Cloverland Ave 2572 Citiplace Ct Price: Withheld Buyer: 2572 Citiplace Property LLC Elifin's Notes: Fiery Crab owners purchases the restaurant's Citiplace...
DOWNLOAD FULL REPORT (PDF) 2021 is on track to produce the highest number of commercial sales in the last 6 years. There have been 412 commercial sales recorded year-to-date. The first 10 months of 2021 have recorded more transaction volume ($729.4mm) than any of the previous six calendar years. With 103 recorded sales so far in 2021, the Office sector accounts for 25%...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2927 S Sherwood Forest Blvd Price: $450,000 ($146 / SF) Buyer: Kumar LLC Elifin's Notes: Local investor purchases former Mid-South Bank branch on the corner of S Sherwood Forest Blvd and Bricksome Ave. 8751 Siegen Lane Price: $1,275,000 ($546 / SF) Buyer: SW-Siegen LLC Elifin's Notes: ocal real estate agent purchases former...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6817 Greenwell Springs Rd Price: $565,000 ($23 / SF) Buyer: Porter Holdings LLC Elifin's Notes: Local attorney purchases building situated on 3.92 acres near Greenwell Springs Rd and Airline Hwy. 4564 Bennington Ave Price: $685,000 ($122 / SF) Buyer: Elaine2020 Inc Elifin's Notes: Local investor purchases restaurant space on Bennington Ave near...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12047 Old Hammond Hwy Price: $141,000 ($92 / SF) Buyer: Bao Dinh Nguyen Elifin's Notes: Office on Old Hammond Hwy sells. 12551 S Harrells Ferry Rd Price: $550,000 ($115 / SF) Buyer: CDR Property Inc Elifin's Notes: Heart 2 Heart Homecare Services, a Natchez-based home care company, purchase two office buildings on...