The Pulse: Baton Rouge

05 Sep The Pulse BR: Baton Rouge General Purchases Land

Posted at 08:37h 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 855 South Flannery Road Type: Multifamily Price: $7,320,000 ($61,000 / Unit) Buyer: Acadian Place 2022 LLC Elifin's Notes: Balitmore-based investor purchases the Acadian Place Apartments, a 120 unit complex on S Flannery Rd near Goodwood Blvd. 8012 Bayou Fountain Ave Type: Portfolio Price: $6,700,000 ($93,056 / Unit) Buyer: Signal SFR LLC Elifin's Notes: Flock...

29 Aug The Pulse BR: Multiple Geaux Clean Car Wash locations sold to Investors

Posted at 08:44h 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 263 Eddie Robinson Sr Dr Type: Retail Price: $1,300,000 ($181 / SF) Buyer: Ross Gold LLC Elifin's Notes: Desselle Funeral Home owners purchase their facility in downtown Baton Rouge. 10811 Burbank Dr Type: Land Price: $731,803 ($14.00 / Land SF) Buyer: Ngo and Fresina Properties LLC Elifin's Notes: Commercially zoned lot sells on Burbank...

22 Aug The Pulse BR: Waffle House Purchases Lot on W Lee Drive

Posted at 07:45h 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 6300 Corporate Blvd Type: Office Price: $6,870,488 ($208 / SF) Buyer: Orion Holdings LLC Elifin's Notes: Orion Laboratories purchases CitiPlace Centre II, a 2 story office building off Corporate Blvd. 9820 Old Hammond Hwy Type: Retail Price: $5,463,000 ($331 / SF) Buyer: Kamakshi Baton Rouge Realty LLC Elifin's Notes: New York-based investor purchases the...

15 Aug The Pulse BR: Zachary Shopping Center Sells to Local Investor

Posted at 08:20h 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 20377 Old Scenic Hwy Type: Retail Price: $5,750,000 ($205 / SF) Buyer: Shree Zachary LLC Elifin's Notes: Zachary shopping center sells to local investor. 5131 Essen Lane Type: Office Price: $1,150,000 ($387 / SF) Buyer: HSC 7Brew Baton Rouge LLC Elifin's Notes: Alabama-based developer purchases medical office off Essen Lane across from Our Lady...

08 Aug The Pulse BR: Government Street Rezoning For Mixed Use Development

Posted at 07:22h 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 383 Highlandia Dr Type: Office Price: $3,202,500 ($285 / SF) Buyer: Pinnacle Warehouse LLC Elifin's Notes: Office building with accompanying warehouse and vacant 1.2 acre lot sells on Highlandia Dr. 1600 Lakes Blvd Type: Multifamily Price: $3,045,000 ($145,000 / Unit) Buyer: Lewis Tec VI LLC Elifin's Notes: Local investors, Lanny and Valerie Lewis, purchase...

01 Aug The Pulse BR: Benny’s Car Wash Purchases 12 Acres in Zachary

Posted at 08:36h 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 Tract C-2-B-2-D-1-C Church St Type: Land Price: $2,000,000 ($3.71 / Land SF) Buyer: Benny's Zachary LLC Elifin's Notes: Benny's Car Wash purchases 12+ acres next to the Rouse's Market in Zachary. 505 University Walk Type: Multifamily Price: $1,100,000 ($110,000 / Unit) Buyer: University Walk, LLC Elifin's Notes: Metairie-based investor purchases 10 unit apartment building...

25 Jul The Pulse BR: ALDI Grocery Buys Lot at Siegen and I-10

Posted at 09:55h 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 Tract A-2-A Siegen Lane Type: Land Price: $1,875,000 ($24.60 / Land SF) Buyer: Aldi Inc Elifin's Notes: Aldi, a German-based grocery store chain, purchases lot near the Siegen Lane Village Shopping Center on the corner of Siegen Lane and I-10. 11512 Lake Sherwood Ave North Type: Office Price: $1,800,000 ($206 / SF) Buyer:...

18 Jul The Pulse BR: 45 Million Dollar Apartment Sale to Virginia Firm

Posted at 08:24h 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 3000 July St Type: Portfolio Price: $45,571,200 ($155,004 / Unit) Buyer: BR1 Holdings LLC Elifin's Notes: Virginia-based firm purchase The Bradshaw Apartment complex near the North Gates at LSU. 9771 Jefferson Hwy Type: Multifamily Price: $100 + Other Valuable Consideration Buyer: Jefferson Shadows Partners LLC Elifin's Notes: The Jefferson Shadows Apartments, a 187 unit...

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:...