The Pulse: Baton Rouge

24 Jul The Pulse BR: Multifamily developer purchases 6 acres on Picardy Ave

Posted at 09:22h 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 Tract 2X Picardy Ave Type: Land Price: $6,175,000 ($22.15 / Land SF) Buyer: The Heights at Picardy LLC Elifin's Notes: The STOA Group, a Hammond-based multifamily development firm, purchase 6+ acres on Picardy Ave. 11412 Lake Sherwood Ave N Type: Office Price: $710,000 ($151.39 / SF) Buyer: LSABR LLC Elifin's Notes: Creekstone Office Park...

17 Jul The Pulse BR: The Lodges at 777 on Ben Hur sell

Posted at 08:57h 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 777 Ben Hur Road Type: Multifamily Price: $84,400,000 ($220,942 / Unit) Buyer: LMP Baton Rouge Property Owner LLC Elifin's Notes: The Lodges at 777, a 382 unit apartment complex near LSU's campus, sells to Landmark Properties, a Georgia-based multifamily investment firm. 18222 E Petroleum Dr Type: Industrial Price: $3,800,000 ($124.50 / SF) Buyer:...

10 Jul The Pulse BR: 364 acres purchased for new neighborhood

Posted at 08:43h 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 Old Scenic Hwy at Groom Rd Type: Land Price: $2,750,000 ($0.18 / Land SF) Buyer: Trivento Development LLC Elifin's Notes: Developer Arthur Lancaster purchases 364 acres on the corner of Old Scenic Hwy and Groom Rd with plans to develop a residential neighborhood. 12110 Old Hammond Hwy Type: Retail Price: $400,000 ($55.17...

03 Jul The Pulse BR: 8-story office building on Florida Blvd sold

Posted at 09:19h 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 11720 Perkins Rd Type: Land Price: $1,600,000 ($11.62 / Land SF) Buyer: Jonathan Cheplak Elifin's Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd. 10313 Jefferson Hwy Type: Land Price: $615,000 ($9.35 / Land SF) Buyer: DO Jefferson LLC Elifin's Notes: Local investors purchase 1.5+ acres on Jefferson Hwy. 5835...

26 Jun The Pulse BR: The Armstrong Apartments on Burbank sell

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 4600 Burbank Drive Type: Multifamily Price: $6,000,000 ($44,776 / Unit) Buyer: Louisiana Baton Rouge LLC Elifin's Notes: Aspen Square Management, a Massachusetts-based real estate investment and property management firm, purchase the Armstrong Apartments, a 134 unit complex on Burbank Dr. 14221 Airline Hwy Type: Land Price: $849,000 ($43.99 / Land SF) Buyer: T&S...

19 Jun The Pulse BR: Religious facility in Mid City Sold

Posted at 08:22h 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 3134 Hundred Oaks Ave Type: Specialty Price: $2,400,000 ($109.09 / SF) Buyer: Brothers of the Sacred Heart of New Orleans Inc Elifin's Notes: The Brothers of the Sacred Heart purchases religious facility just off of S Acadian Thwy. 3617 S Sherwood Forest Blvd Type: Retail Price: $625,000 ($161.25 / SF) Buyer: SS Brothers...

12 Jun The Pulse BR: TJ Ribs on Siegen sells for 2.5mm

Posted at 08:59h 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 6330 Siegen Lane Type: Retail Price: $2,500,000 ($353.01 / SF) Buyer: SDP LA Baton Rouge 1 LLC Elifin's Notes: TJ Ribs sells its Siegen Lane location to Streamline Development Partners, an Oxford-based retail investment firm. 13435 Hooper Rd Type: Retail Price: $924,000 ($367.40 / SF) Buyer: Harlakh LLC Elifin's Notes: Local investor purchases former...

05 Jun The Pulse BR: Settlement at Shoe Creek tract sells for 1.75mm

Posted at 08:34h 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 Sullivan Rd Type: Land Price: $1,750,000 ($158.33 / Land SF) Buyer: Central/Won LLC Elifin's Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor. 751 W Lee Dr Type: Land Price: $1,012,000 ($20.03 / Land SF) Buyer: Benny's Lee LLC Elifin's Notes: Benny's Carwash purchases vacant...

29 May The Pulse BR: Range USA off Millerville sold

Posted at 07:56h 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 13505 Millerville Greens Blvd Type: Retail Price: $4,610,628 ($317.97 / SF) Buyer: Miller Hunt LLC Elifin's Notes: Range USA, a gun shop and gun range off Millerville, sells to an Illinois-based buyer. 12222 Florida Blvd Type: Retail Price: $1,076,821 ($147.51 / SF) Buyer: Agree Stores LLC Elifin's Notes: Advanced Auto...

22 May The Pulse BR: Villas at Riverbend sells for 23.7mm

Posted at 08:51h 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 5689 River Road Type: Multifamily Price: $23,750,000 ($77,110 / Unit) Buyer: Riverbend Owners LLC Elifin's Notes: Ashland Capital, an Illinois-based real estate investment firm, purchase the Villas at Riverbend, a 308 unit student housing complex near LSU. 9105 Park Bluff Dr Type: Land Price: $6,000,000 ($7.65 / Land SF) Buyer: Penske Truck Leasing...