The Pulse: Baton Rouge

The Pulse BR: Office building sells for 2.1mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7600 Innovation Park Rd, Baton Rouge, LA 70820 Type: Office Price: $2,105,000 ($126.30 / SF) Buyer: Compliance Envirosystems LLC Elifin's Notes: Compliance Envirosystems LLC acquires an office property along with a vacant parcel on Innovation Park Drive. 20214 Tucker Rd, Zachary, LA 70791 Type: Land Price: $1,000,000 ($0.49 / Land...

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The Pulse BR: 77-Room hotel sells near BTR

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2949 Varsity St, Baton Rouge, LA 70807 Type: Hospitality Price: $1,400,000 ($18,182 / Unit) Buyer: Brothers Hospitality LLC Elifin's Notes: A hotel property with 77 rooms changes ownership across from the Baton Rouge Metropolitan Airport. Tract A Hwy 22, Darrow, LA 70725 Type: Land Price: $1,392,000 ($0.36 / Land SF) Buyer:...

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The Pulse BR: Newly-built Take 5 property changes hands

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5811 Creek Centre Dr, Baton Rouge, LA 70820 Type: Land Price: $2,000,000 ($45.06 / Land SF) Buyer: JP Morgan Chase Bank Elifin's Notes: JP Morgan Chase Bank acquires a 1+ acre parcel of commercial vacant land off Burbank Drive near Lee Drive. 9728 Sullivan Rd, Baton Rouge, LA...

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The Pulse BR: Atlas Dermatology purchases their new Prairieville office

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2888 Dougherty Dr, Baton Rouge, LA 70805 Type: Multifamily Price: $4,950,000 ($27,049 / Unit) Buyer: Pine Square Villas, LLC Elifin's Notes: The 183-unit Pine Square Apartment complex sells within the Mid City North area. 14151 Hwy 73, Prairieville, LA 70769 Type: Office Price: $2,135,925 ($280.67 / SF)...

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The Pulse BR: Chicken Salad Chick property on West Lee Drive sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7701 Plank Rd, Baton Rouge, LA 70811 Type: Specialty Price: $14,921,604 ($181.97 / SF) Buyer: HAA Properties Elifin's Notes: Helix Community Schools purchases the property housing its Aviation Academy off of Plank Road. 18444 Highland Rd, Baton Rouge, LA 70809 Type: Office Price: $3,979,642 ($221.32 / SF) Buyer: 18444 Highland LLC Elifin's...

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The Pulse BR: Roux 61 property sold to Baton Rouge Orthopaedic Clinic

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8322 Bluebonnet Blvd, Baton Rouge, LA 70810 Type: Retail Price: $3,050,000 ($281.63 / SF) Buyer: BROC Real Estate Development LLC Elifin's Notes:Baton Rouge Orthopaedic Clinic's real estate arm purchases the Roux 61 restaurant property on Bluebonnet Boulevard. 159.573 acres Old Scenic Hwy, Zachary, LA 70791 Type: Land Price: $1,725,942 ($0.25...

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The Pulse BR: Two psychiatric facilities sell for 15.7mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11950-12112 Greenwell Springs Port Hudson Rd, Baton Rouge, LA 70814 Type: Healthcare Price: $8,429,200 ($167.58 / SF) Buyer: Seaside Healthcare RE PHP LLC Elifin's Notes: The Graph Group, a New Jersey-based investment company, purchases a psychiatric facility in Zachary. 4363 Convention St, Baton Rouge, LA 70806 Type: Healthcare Price: $7,311,400...

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The Pulse BR: 299-unit apartment complex sold for undisclosed price

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3110 College Dr, Baton Rouge, LA 70808 Type: Retail Price: $2,723,738 ($502.91 / SF) Buyer: MCP Stable 3110 College Drive Baton Rouge LLC Elifin's Notes: A Texas-based investor acquires the Capital One Bank property situated as an outparcel to the Walmart on College Drive. 3006 College...

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The Pulse BR: Tractor Supply buys land in Prairieville

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract Y-1-A LA Hwy 42, Prairieville, LA 70769 Type: Land Price: $1,005,000 ($5.27 / Land SF) Buyer: Tractor Supply Company Elifin's Notes: Tractor Supply Company purchases a 4.3+ acre parcel of commercial land adjacent to Oak Grove Market on Louisiana Highway 42. 11920 Perkins Rd (Unit A), Baton...

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The Pulse BR: Perkins Rowe sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7271 Airline Hwy, Baton Rouge, LA 70805 Type: Hospitality Price: $2,500,000 ($25,000 / Unit) Buyer: Village Resorts Baton Rouge LLC Elifin's Notes: The Crown Extended Stay motel property, featuring 100 units, sells on Airline Highway. 10748 Perkins Rd, Baton Rouge, LA 70810 Type: Specialty Price: $1,200,000 ($84.25 / SF) Buyer: Family...

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