The Pulse

30 Dec The Pulse: Top 5 Commercial Real Estate Owner Mistakes of 2019

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11420 Bard Ave Price: $1,100,000 ($25,000 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: New Orleans investor, Max Perret, purchases Sherwood Shadow Condos, a 44-unit complex near the corner of Bard Ave and N Sherwood Forest Dr. 3126, 3150, 3152, 3154 Nicholson Dr Price: $480,000 ($40,000 / Unit) Buyer: Beaurayne...

23 Dec The Pulse: 2 Large Multifamily Sales + New Jones Creek Restaurant

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1860 Boulevard de Province Price: $4,567,500 ($21,959 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: The Sable Chase Apartments complex sells to Michigan-based Contour Companies, a firm that specializes in commercial and residential developments and multifamily revitalization. The 208 unit complex is located between Old Hammond Hwy...

16 Dec The Pulse: CJ Brown Sells Airline Office Building + East Baton Rouge Sewerage Commission Purchases Former All Star Nissan Location

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8031 Airline Hwy Price: $765,000 ($178 / SF) Buyer: Bancorpsouth Bank Elifin's Notes: Bancoprsouth Bank purchases former Capital One branch on the corner of Airline Hwy and Tom Dr. 1044 O'Neal Ln Price: $230,000 ($61 / SF) Buyer: Ode Investment Properties LLC Elifin's Notes: Zachary-based Pit Stop Auto Shop owner purchases O'Neal...

09 Dec The Pulse: New York Firm Purchases Downtown Office Building + Local Charter School Facility

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 339 Florida St Price: $6,850,000 ($131 / SF) Buyer: RM Mentorship Acad LA LLC Elifin's Notes: New York investment firm, Rosemawr Management, purchases downtown office building used by the Mentorship Academy. 314 West Dr Price: $352,000 ($35,200 / Unit) Buyer: HIV/AIDS Alliance for Region Two (HAART) Inc Elifin's Notes: HAART, Inc (HIV/AIDS...

02 Dec The Pulse: Former Hancock Whitney + Midsouth Bank Branches Sell

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6677 Siegen Ln Price: $2,255,000 ($884 / SF) Buyer: Bancorpsouth Bank Elifin's Notes: Bancorpsouth Bank purchases MidSouth Bank branch on the corner of Siegen Ln and Industriplex Blvd. 5379 Highland Rd Price: $500,000 ($208 / SF) Buyer: South Louisiana Bank Elifin's Notes: Former Hancock Whitney branch sells to Houma-based South Louisiana Bank...

25 Nov The Pulse: Sage Rehabilitation Hospital + Comfort Inn Sales

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10985 N Harrell's Ferry Rd Price: $1,035,000 ($47 / SF) Buyer: 10985 North Harrell's Ferry LLC Elifin's Notes: Maranatha Office Building sells to Mandeville based company, Snakeskin Property Management, LLC. 8108 Picardy Ave Price: $1,290,000 ($95 / SF) Buyer: Picardy Tres LLC Elifin's Notes: Cajun Industries CEO, Todd Grigsby, purchases medical office...

18 Nov The Pulse: Former Neese Industries Headquarters Sells

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 622 Shadows Ln, Suite B Price: $250,000 ($139 / SF) Buyer: Jackson and Jolie LLC Elifin's Notes: Parker Orthodontics purchases office suite near Goodwood Blvd and Connell's Park Ln. 10646 Airline Hwy Price: $1,500,000 ($22 / SF) Buyer: ASH Brothers, LLC Elifin's Notes: Former Neese Industries headquarters sells in Gonzales, LA. 1974 Wooddale...

11 Nov The Pulse: LWCC Purchases Former La Quinta Inn + 2 National Auto Service Retailers Purchases Land in BR

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9442, 9452, 9560 Angus Ave Price: $1,450,000 ($60,417 / unit) Buyer: Duke Rentals of Zachary LLC Elifin's Notes: Three 8-plexes in Zachary sell each containing 2 bed / 1 bath units. 3905 Convention St Price: $290,000 ($41 / SF) Buyer: HIV/AIDS Alliance for Region Two (HAART), Inc Elifin's Notes: HAART, a non-profit...

04 Nov The Pulse: All Star Catering Purchases Florida Blvd Properties + Fairfield Inn & Suites by Marriott Sells

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7959 Essen Park Ave Price: $3,464,899 ($44,422 / Unit) Buyer: Prestige Hospitality Investments LLC Elifin's Notes : Mississippi based investor purchases Fairfield Inn & Suites by Marriott located off Essen Ln near I-10. 8235 Florida Blvd Price: $767,500 ($103 / SF) Buyer: All Star Properties LLC Elifin's Notes : Brian Medlin of...

28 Oct The Pulse: Central Donut Shop + Downtown Paid Parking Lot Sales

Posted at 12:00h in Research, The Pulse by Elifin Realty 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 13336 Hooper Rd Price: $450,000 ($173 / SF) Buyer: Peou Toch Elifin's Notes: Owner of the Town Donut & Breakfast in Central purchases the property where the business is located. 524 N 6th St Price: $495,000 ($61.88 / Land SF) Buyer: 524 N 6th St Elifin's Notes: Paid parking lot sells in...