The Pulse

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7389 Florida Blvd Price: $8,000,000 ($25 / SF) Buyer: Edge 7389 Florida Blvd LLC Elifin's Notes: Glacier Global Partners, a New York-based investment firm, purchase Bon Carre Business Center on the corner of Florida Blvd and Lobdell Blvd. 2414 Bunker Hill Dr Price: $4,140,000 ($27 / SF) Buyer: 2414 Bunker Hill...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11440 Bard Ave Price: Withheld Buyer: 11440 Bard Avenue Associates LLC Elifin's Notes: Michigan-based Contour Companies purchases Pine Grove Apartments near the corner of N Sherwood Forest Dr and Bard Ave. Price withheld. 9343 Florida Blvd Price: $536,000 ($78 / SF) Buyer: Skylight Holdings LLC Elifin's Notes: The owner of the Galileo...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7529 Perkins Rd (Units 150-A-1, 250-300) Price: $770,000 ($83 / SF) Buyer: Fangting Liang Elifin's Notes: Local investors purchases seven office suites in a mixed used office/retail business park near the corner of Perkins Rd and Essen Lane. 9718 Sullivan Rd Price: $315,000 ($88 / SF) Buyer: GDC Properties, LLC Elifin's Notes:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10706 Florida Blvd Price: $2,433,835 ($998 / SF) Buyer: POP-BR LLC Elifin's Notes: California-based investor purchases Popeyes on Florida Blvd near the McGeHee Dr intersection. 5652 Government St Price: $875,000 ($103 / SF) Buyer: Hole in the Wall Holdings LLC Elifin's Notes: Real estate agent Lawrence Maestri purchases Dollar General on Government...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1919 Boulevard De Province Price: $8,800,000 ($56,774 / Unit) Buyer: 1919 Boulevard De Province 2020 LLC Elifin's Notes: Cedar Grove Capital purchases Kingston Point Apartments, a 155 unit complex at the corner of Blvd de Province and N Harrell's Ferry. 3325 Monterrey Dr Price: $2,000,000 ($41,667 / Unit) Buyer: Monterrey Management...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 18135 E Petroleum Dr Price: Withheld Buyer: Robinson Brothers Inc Elifin's Notes: Robinson Brothers purchases multi-tenant retail property on the corner of Highland Rd and E Petroleum Dr. Price withheld. 2323 S Acadian Thwy Price: $2,168,000 ($482 / SF) Buyer: Louisiana Workers' Compensation Corporation Elifin's Notes: LWCC purchases Mestizo restaurant property, continuing...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5010 Mancuso Lane Price: $47,500,000 ($219,907 / Unit) Buyer: Citiscape Essen LLC Elifin's Notes: Citiscape at Essen apartments purchased by multi-family investor Jakob Medve. 728 North Blvd Price: $550,000 ($97 / SF) Buyer: MMO Group, LLC Elifin's Notes: MMO Group purchases corporate office building on North Blvd. 11736 Newcastle Ave Price: $467,500 ($83 /...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10319 Jefferson Hwy Price: $1,015,000 ($211 / SF) Buyer: Burn Rubber LLC Elifin's Notes: Local investor purchases office building on Jefferson Hwy. 3034 S Sherwood Forest Blvd Price: $625,000 ($122 / SF) Buyer: Signs in a Day, Inc. Elifin's Notes: Signs in a Day retailer purchases neighboring building on S Sherwood Forest...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12074 Newcastle Ave Price: $23,900,000 ($84,155 / Unit) Buyer: MIMG CLXXIV Afton Oaks LLC, MIMG FWCO Afton Oaks LLC, D&J Afton Oaks LLC Elifin's Notes: 284-unit Afton Oaks Apartment Homes on Newcastle Ave near S Sherwood Forest Blvd sells to Colorado-based Monarch Investment and Management Group. 3135 Highland Rd Price:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9181 Interline Ave Price: $10,489,000 ($380 / SF) Buyer: EGP 9181 Baton Rouge LLC Elifin's Notes: 100% occupied single-tenant Executive Centre on Interline Ave purchased by Easterly Government Properties. EGP is a real estate acquisition company that focuses primarily on the acquisition, development, and management of Class A...