The Pulse: Baton Rouge

The Pulse BR: JM Test Systems purchases office building

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7266 Tom Dr Type: Office Price: $500,000 ($135.87 / SF) Buyer: 3MB Properties LLC Elifin's Notes: JM Test Systems purchases office building across the street from their facility on Tom Dr. Commercial Permits Issued Last Week .tg { border-collapse: collapse; border-color: #ccc; border-spacing: 0; border: 1px solid rgba(0, 0, 0, 0.12); background-color: #fff; width: 100%; } .tg...

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The Pulse BR: Crescent Crown purchases 16+ acres on Oak Villa Blvd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-1 Oak Villa Blvd Type: Land Price: $3,038,510 ($4.15 / Land SF) Buyer: Crescent Crown Distributing LLC Elifin's Notes: Crescent Crown Distributors purchases vacant lot behind the Walmart on Oak Villa Blvd. Tract 24-A Celtic Dr Type: Land Price: $900,000 ($15.59 / Land SF) Buyer: Celtic Management Corporation Elifin's Notes: Celtic Management purchase...

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The Pulse BR: Latin restaurant entity purchases property on Florida Blvd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9445 Greenwell Springs Rd Type: Retail Price: $650,000 ($277.19 / SF) Buyer: GFC Leasing Corp LLC Elifin's Notes: Texas-based buyers purchase former KFC location on Greenwell Springs Rd near the Monterrey Dr intersection. 6989 Florida Blvd Type: Retail Price: $650,000 ($73.55 / SF) Buyer: Los Latinos Amigos Restaurant LLC Elifin's Notes: Latin restaurant entity...

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The Pulse BR: Southern Roots Outfitters purchases land in Zachary

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Montegudo Dr at Bob Odom Dr Type: Land Price: $550,000 ($2.51 / Land SF) Buyer: Southern Roots Outfitters LLC Elifin's Notes: Zachary-based Southern Roots Outfitters purchases vacant lots in Zachary. 9830 Florida Blvd Type: Retail Price: $500,000 ($69.29 / SF) Buyer: Big Horn River LLC Elifin's Notes: Local investor purchases...

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The Pulse BR: Walgreens on Highland Road sold for 2.8 million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5298 Highland Rd Type: Retail Price: $2,836,364 ($216.52 / SF) Buyer: Cardinal Green Investments LLC Elifin's Notes: Walgreens sells on the corner of Highland Rd and W Lee Dr. 2798 O'Neal Lane, Building B Type: Office Price: $560,000 ($112.00 / SF) Buyer: BP Investment Holdings LLC Elifin's Notes: California-based investors...

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The Pulse BR: Behavioral Intervention Group purchases their Siegen Lane clinic

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8180 Siegen Lane Type: Office Price: $1,475,000 ($81.94 / SF) Buyer: CR Ventures LLC Elifin's Notes: The Behavioral Intervention Group, a learning center, purchases their clinic on Siegen Lane from the Matherne Family. 4065 Florida Blvd Type: Retail Price: $1,116,500 ($58.30 / SF) Buyer: Live Oak Shopping Center LLC Elifin's Notes: The Live Oak...

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The Pulse BR: Building in Belle of Baton Rouge complex sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10011 Main St Type: Retail Price: $6,524,808 ($343.41 / SF) Buyer: Agree Central LLC Elifin's Notes: Agree Realty, a Michigan-based real estate investment firm, purchase the Tractor Supply in Zachary. St Phillip St at Europe St Type: Retail Price: $2,800,000 ($133.33 / SF) Buyer: GLP Capital LP Elifin's Notes: Gaming & Leisure Properties purchase...

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The Pulse BR: Goodwood Place Apartments sell for 11mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 356 Apartment Court Drive Type: Multifamily Price: $11,000,000 ($59,783 / Unit) Buyer: NMP-Goodwood LLC Elifin's Notes: Goodwood Place Apartments, a 184 unit apartment complex off of Government St, sells to local investor. 459 Apartment Court Drive Type: Multifamily Price: $2,200,000 ($91,667 / Unit) Buyer: NMP-Goodwood LLC Elifin's Notes: Marquette Place, a 24 unit apartment...

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The Pulse BR: Tri-Care Automotive property sells for 3.75mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 13873 Airline Hwy Type: Industrial Price: $3,750,000 Buyer: The Machine Shop of Baton Rouge LLC Elifin's Notes: The Machine Shop of Baton Rouge purchases Tri Care Automotive repair shop on Airline Hwy. 11188 Florida Blvd Type: Healthcare Price: $2,000,000 ($74.03 / SF) Buyer: Stoa RE LLC Elifin's Notes: The Care Center, a nursing home...

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The Pulse BR: Central Oil & Supply purchase property off S Choctaw

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10632 Hillary Ct Type: Office Price: $1,500,000 ($285.71 / SF) Buyer: Arkansas Elder Outreach of Little Rock Inc Elifin's Notes: Elder Outreach, a non-profit specializing in senior care, purchases office building off of Bluebonnet Blvd. 11606 Southfork Ave (Building B) Type: Office Price: $505,000 ($147.27 / SF) Buyer: Be Cool Holdings LLC Elifin's Notes:...

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