The Pulse: Baton Rouge

Multifamily Purchase by Colorado Investment Group

The September 9, 2019 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: MIMG CLIV Longridge Sub, LLC & MIMG LR4 Longridge, LLC, Colorado-based Monarch Investment and Management Group, bought the Longridge Apartment complex at 11999 Longridge Avenue off South Sherwood Forest Boulevard. Monarch also bought the Dove Creek apartment complex off Airline Highway...

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Multifamily Sale + Former Barcadia Rezoning + New Bar on George Oneal

The September 3, 2019 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Live Oaks Baton Rouge Apartments LLC, a New Orleans area investor, bought the Live Oaks apartment complex at 12901 Jefferson Highway at Stumberg Lane. Block Investors LLC, also a New Orleans investor, bought an apartment complex on Titian Avenue north of...

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Hospitality Sale

The August 26, 2019 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Maruti Investments 1, LLC bought the Hyatt Place hotel at 6080 Bluebonnet Boulevard near I-10, across from the Mall of Louisiana. The same investor bought the TownePlace Suites by Marriott on Summa Avenue across from Baton Rouge General Medical Center on...

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Office Sale on Sherwood + BTR Airport Expanding Boundary

The August 19, 2019 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: 4000 Sherwood LLC & Sherwood 4 LLC, investors David Divincenti Jr. and Patrick Cusick, bought the office building at 4000 South Sherwood Forest Boulevard. Four of the ten sales were duplexes and a fourplex, including a Zachary duplex that sold, while...

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Alvarez Construction buys Staring Lane land

The August 12, 2019 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Alvarez Construction Co LLC bought land on Staring Lane near Highland Road for its Fieldstone Park development, a gated residential community. Waffle House bought a parcel at the corner of Staring Lane and Burbank Drive, and a half-acre lot in front...

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Central Private School buys 27 acres on Joor Road

The August 5, 2019 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Central Private School Inc bought 27 acres at 12014 Joor Road near Gurney Road in Central for a new campus. The Pediatric Place doctors bought a tract at the Highland Road Marketplace, and the Serenity Center of Louisiana bought its headquarters...

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Massad Olinde buys 6700 Jefferson office building

The July 29, 2019 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: M202 LLC, Massad Olinde Benefits Consulting Firm, bought Building 7 in 6700 Jefferson Office Park at 6700 Jefferson Highway. The Inland Real Estate Group bought Safeguard Self Storage on Jefferson Highway, and two eightplexes near LSU, on Wyoming Street and West...

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LaCour’s Carpet World buys former Kean’s on Perkins

The July 22, 2019 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Samuel & David Lacour bought the former Kean's the Cleaner at 4665 Perkins Road, where LaCour's Carpet World will relocate from Tom Drive. LaCour's sold its Tom Drive location, Krispy Kreme bought its Plank Road location, and Build Baton Rouge bought...

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Former Church of the Way campus on South Foster sells

The July 15, 2019 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: 250 SF LLC, consultant Perry Franklin of Franklin Associates, bought the former campus of Church of the Way Presbyterian at 250 South Foster Drive. Steve Caruso bought two fourplexes and two eightplexes in the Central Woods area, and Bellue's Welding bought...

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Our Lady of the Lake buys Picardy Avenue medical offices

The July 8, 2019 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Our Lady of the Lake Hospital Inc bought medical office space at 7566 Picardy Avenue near its Essen campus. Brandon Brown's Francis Zachary Holdings LLC bought 15 acres of Fellowship Church's Mount Pleasant Road campus in Zachary and the frontage property,...

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