The Pulse: Baton Rouge

The Pulse BR: Baton Rouge International School campus sells for 4.2mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5015 Autoplex Dr, Baton Rouge, LA 70809 Type: Specialty Price: $4,200,000 ($160.61 / SF) Buyer: Ryan Jumonville Elifin's Notes: Former Baton Rouge International School campus sells to Ryan Jumonville, a Florida-based real estate investor who recently purchased a large 4 building industrial complex on S Choctaw Dr. 6515 Greenwell Springs...

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The Pulse BR: Shipley Do-Nuts anchored retail center sells on Essen Lane

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5565 Essen Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,375,000 ($278.34 / SF) Buyer: By & Bette Office LLC Elifin's Notes: Local Baton Rouge investors purchase the Shipley Do-Nuts anchored retail center on Essen Lane. 8280 YMCA Plaza Dr, Building 5, Baton Rouge, LA 70810 Type: Office Price: $820,000 ($210.53 /...

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The Pulse BR: Bluebonnet garden office sells for 194 PSF

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5550 Florida Blvd, Baton Rouge, LA 70806 Type: Office Price: $1,800,000 ($53.90 / SF) Buyer: Belfair Baptist Church, Inc Elifin's Notes: Belfair Baptist Church purchases office building on the corner of Florida Blvd and Cloud Dr. 4603 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $600,000 ($194.36 / SF) Buyer: Denis Bay,...

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The Pulse BR: Shell gas station sells on Main St in Zachary

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7248 Perkins Road, Baton Rouge, LA 70808 Type: Mixed-Use Price: $1,650,000 Buyer: Monkey See Monkey Do LLC Elifin's Notes: Perkins Palms, a mixed-use property featuring multifamily and retail space, sells to local investors and real estate agents, Steve Davis Jr. and Lawrence Maestri. 20191 Plank Rd, Zachary, LA 70791 Type: Retail Price:...

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The Pulse BR: Medical office near OLOL sells for 1.3mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 501 Louisiana Ave Type: Office Price: $1,375,000 ($137.50 / SF) Buyer: Horizon Land and Development, LLC Elifin's Notes: Mississippi investor purchases 10,000 sqft office building in Downtown 5344 Brittany Dr Type: Office Price: $1,300,000 ($148.54 / SF) Buyer: SJB Group LLC Elifin's Notes: Local engineering firm purchases medical office near Our Lady of the...

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The Pulse BR: 52 Unit hotel off S Sherwood Forest Blvd sells

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11255 Boardwalk Dr Type: Hospitality Price: $1,300,000 ($25,000 / Unit) Buyer: Baton Rouge Boardwalk Hospitality Inc Elifin's Notes: The Baymont by Wyndham Baton Rouge, a 52 unit hotel off S Sherwood Forest Blvd, sells. 6565 Morgan Rd Type: Specialty Price: $558,110 ($42.93 / SF) Buyer: Properties by KC LLC Elifin's Notes: Former church campus...

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The Pulse BR: Wayne Stablier purchases property near Amazon

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1655 N Airway Dr Type: Industrial Price: $800,000 ($68.97 / SF) Buyer: Catering Cajun Properties LLC Elifin's Notes: Wayne Stablier purchases industrial property on N Airway Dr. 234 Richland Ave Type: Multifamily Price: $790,000 ($79,000 / Unit) Buyer: Midcity Acquisition Group LLC Elifin's Notes: Local investors purchase a 10-unit apartment building in Mid City. 6721...

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The Pulse BR: Hotel on Harding Blvd sells for 3.7mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3444 Harding Blvd Type: Hospitality Price: $3,700,000 ($47,436 / Unit) Buyer: Maruti Hotel LLC Elifin's Notes: Microtel Inn & Suites, a 78-unit hotel, sells at the corner of Howell Blvd and Harding Rd. 7077 S Choctaw Dr Type: Industrial Price: $2,851,983 ($38.03 / SF) Buyer: Ryan Jumonville Elifin's Notes: Destin-based investor purchases facility on...

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The Pulse BR: Central shopping center sells for 2.6mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14790 Wax Rd Type: Retail Price: $2,600,000 ($135.42 / SF) Buyer: Wax Pointe LLC Elifin's Notes: Local investor purchases shopping center in Central anchored on both ends by Las Palmas and Johnny's Pizza. 5215 Perkins Rd Type: Retail Price: $1,628,000 ($266.89 / SF) Buyer: Shore Capital Real Estate Partners Holdco LLC Elifin's Notes: Perkins...

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The Pulse BR: Phoenix-based firm purchases large mobile home community

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9261 Baringer Foreman Rd Type: Land Price: $1,270,000 ($2.27 / Land SF) Buyer: Kodiak Business Park LLC Elifin's Notes: Prairieville-based developer purchases nearly 13 acres on Barringer Foreman Rd with plans for a new business park. 8026 Picardy Ave Type: Office Price: $1,200,000 ($255.32 / SF) Buyer: Picardy Tres LLC Elifin's Notes: Cajun Industries...

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