DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12470 Hooper Rd Price: $371,250 ($93 / SF) Buyer: Kingfish LLC Elifin's Notes: Crossfit gym on 3.9 acres sells in Central on Hooper Rd. 8194 Plank Rd Price: $185,000 ($96 / SF) Buyer: City of Baton Rouge / Parish of East Baton Rouge Elifin's Notes: The City of Baton Rouge purchases former...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10613 Burbank Dr Price: Withheld Buyer: CS-SRG Propco LLC Elifin's Notes: Nashville-based investment firm, Capital Spring, purchases Popeyes off Burbank Dr near the Bluebonnet Blvd intersection. Price withheld. 10706 Florida Blvd Price: Withheld Buyer: CS-SRG Propco LLC Elifin's Notes: Nashville-based investment firm, Capital Spring, purchases Popeyes off Florida Blvd at Harvey Dr....
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4313 Bluebonnet Blvd Price: $642,000 ($186 / SF) Buyer: Parc Claycut LLC Elifin's Notes: Local plastic surgeon purchases building at The Parc of Claycut Bayou office park. 9441 Common St Price: $250,000 ($61 / SF) Buyer: EDR Construction LLC Elifin's Notes: Office building sells near the corner of Old Hammond Hwy and...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3350 Wyoming St Price: $945,000 ($42,955 / Unit) Buyer: 3350 Wyoming LLC Elifin's Notes: The Ivy Courtyard, a 22-unit apartment complex off Nicholson Dr, sells to investor. Seville Place Portfolio Price: $490,000 ($81,667 / Unit) Buyer: Kapel Properties LLC Elifin's Notes: Alabama investor purchases a 4-plex, duplex, and two residential houses in...
DOWNLOAD FULL REPORT (PDF) As May turned to June and the Louisiana heat arrived in full effect, the state moved into "Phase Two" of the federal government's plan for reopening. While this reopening progress coincided with a slight uptick in sale transactions and total dollar volume month over month, trepidation remained among many investors and the overall business community. As noted in...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1222 Bob Pettit Blvd Price: $1,175,000 ($78,333 / Unit) Buyer: 1222 Bob Pettit Blvd LLC Elifin's Notes : The Graduate Apartments, a 15-unit complex in Tigerland, sells to local investor. 4554 Alvin Dark Ave Price: $450,000 ($45,000 / Unit) Buyer: Jann Properties 2 LLC Elifin's Notes : Tigerland apartment complex sells consisting...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9550 Interline Ave Price: $4,850,000 ($93 / SF) Buyer: Pelican View Properties Elifin's Notes: Former Robinson Brothers Lincoln dealership sells at the Airline Hwy / I-12 intersection. 7175 Plank Rd Price: $1,030,000 ($349 / SF) Buyer: Etoile Dr Mer LLC Elifin's Notes: Convenience store sells at the corner of Plank Rd and...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8531, 8541 Rush Ave Price: $400,000 ($50,000 / Unit) Buyer: CNV Properties LLC Elifin's Notes : Two 4-plexes consisting of 2 bed / 2 bath units sell off of Gardere Lane. 4021 W E Heck Ct, Suite H2 Price: $200,000 ($137 / SF) Buyer: Kumar LLC Elifin's Notes : Hammond-based investor purchases...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14734 S Harrells Ferry Rd Price: $1,195,000 ($91 / SF) Buyer: Capital Region Planning Commission Elifin's Notes : Capital Region Planning Commission purchases office building off S Harrell's Ferry Rd near the Millerville Rd intersection. 1984 Wooddale Blvd Price: $190,000 ($38 / SF) Buyer: Heart 2 Heart Care Clinic LLC Elifin's Notes...