The Pulse

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The Pulse: Signature Flight Support Purchases Airplane Hangar Near BTR

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8100 Perkins Rd Price: $600,000 ($57 / SF) Buyer: CTL Holdings LLC Elifin's Notes : AAA Rent-All owner purchases former convenient store location off Perkins Rd south of the Essen Lane intersection. Building #1 is 2,240 SF - Previously occupied by a Gas Station / Convenience Store. Building #2 is...

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The Pulse: April Commercial Sales Report Released

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2919 Perkins Rd Price: $435,000 ($248 / SF) Buyer: Mars-Cole LLC Elifin's Notes: DiGiulio Brothers owners purchase neighboring restaurant space used by Rama Thai Cuisine near the Perkins Rd Overpass. 9625 Airline Hwy Price: $625,000 ($159 / SF) Buyer: Mohammad Alowda Elifin's Notes: Advanced Car Care facility sells off Airline Hwy near...

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The Pulse: Laser Tag Facility Sold for 1.95 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5871 S Sherwood Forest Blvd Price: $1,950,000 ($88 / SF) Buyer: Parkview Baptist Church Foundation Elifin's Notes: Parkview Baptist Church purchases Laser Tag of Baton Rouge facility. 508 S Foster Dr Price: $1,760,000 Buyer: Farhad Soleimani Elifin's Notes: Two California-based investors purchase Jack-in-the-Box on the corner of Government St and S Foster...

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The Pulse: Family Dollar on Government St Sold to Dorsey Development

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3433 Government St Price: $1,450,000 ($100 / SF) Buyer: Avery DG Tec LLC Elifin's Notes: Dorsey Development purchases Family Dollar on the corner of Government St and S Acadian Thwy. 7725 Airline Hwy Price: Withheld Buyer: JJJ STNL1 LLC Elifin's Notes: California investor purchases Jack-In-The-Box on the corner of Airline Hwy and...

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The Pulse: Downtown Lot Sold to LA Capitol FCU

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 759 Laurel St Price: $490,985 ($55.00 / Land SF) Buyer: LA Capitol Federal Credit Union Elifin's Notes : LA Capitol Federal Credit Union purchases vacant lot neighboring their downtown Baton Rouge location.   Upcoming Planning Commission Cases Pet Drive to Bascom Way Submitted 3/13/20 by Andrew McCandless. Proposed street name change...

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The Pulse: 18 Unit Multifamily Deal Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Fuller Place Portfolio Price: $1,300,000 ($72,222 / Unit) Buyer: First of Many LLC Elifin's Notes : Local investor purchases 18 units in a fractured condominium of 70 homes constructed as 35 duplexes in the Live Oak Circle Condominiums subdivision off South Park Dr. 102, 112, 122 Henry Adams Rd Price:...

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The Pulse: New Restaurant Planned on W Lee Dr

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8133 Plank Rd Price: Withheld Buyer: LGP Realty Holdings LP Elifin's Notes : CrossAmerica Partners purchase Shell branded convenience store on the corner of Plank Rd and Harding Blvd from Circle K. Price withheld. 646 N Foster Dr Price: $243,500 ($42 / SF) Buyer: Victory Properties LLC Elifin's Notes : Office building...

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The Pulse: 34 Acre Site in South BR Acquired for Distribution Center

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9316 Burbank Dr Price: $1,780,000 ($593 / SF) Buyer: Blumenfeld BTR LLC Elifin's Notes : Jack in the Box near corner of Burbank Dr and Gardere Ln sells to a California investor. The property was listed for $1,833,000 and leased by Jack in the Box until 2028. 4600 Sherwood...

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The Pulse: When will all businesses be open again?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5460 Airline Hwy Price: Withheld Buyer: NADG NNN CHU (BAT-LA) LP Elifin's Notes : NADG NNN Reit, an investment firm focusing on high visibility single tenant properties, purchases Church's Chicken location on the corner of Airline Hwy and McClelland Dr. Price withheld. Tract A-1-B-1 Groom Rd Price: $189,000 ($5.49 /...

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The Pulse: Survival Guide Tips For Tenants During COVID-19

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10120 Daradele Ave Price: $250,000 Buyer: Hamed Ghassemi Elifin's Notes : BR Autoplex owner purchases the site used by the dealership near the Airline Hwy, I-12 intersection. 6613-6633 Government St Price: Price Withheld Buyer: Supernova Holdings LLC Elifin's Notes : Matthew Shirley purchases property on the corner of Government St and Bellewood...

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