The Pulse

The Pulse: Sherwood Towers I & II Sell to Local Investor

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11550 Newcastle Ave & 3636 S Sherwood Forest Blvd Price: Price Withheld Buyer: Pecan Grove Commercial Properties LLC Elifin's Notes : Local investor Brad Roberts purchases Sherwood Towers I & II off S Sherwood Forest Blvd. 4949 North Blvd Price: Price Withheld Buyer: 4949 Partners LLC Elifin's Notes : Investor purchases building...

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The Pulse: Corporate Blvd Land Sells for 8.8 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6031 Jones Creek Rd Price: $500,000 ($154 / SF) Buyer: Cobalt Realty LLC Elifin's Notes : Local investor purchases former MidSouth Bank branch on Jones Creek Rd. 3054 Perkins Rd Price: $325,000 ($81 / SF) Buyer: Red Sauce Boss Properties LLC Elifin's Notes : Pinetta's European Restaurant owner purchases the building used...

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The Pulse: Hammond Aire Sells & Street Name Change to Burrow Road

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Hammond Aire Shopping Center: Lot B-1-A-1, B-1-G, B-1-B-1-A Airline Hwy Price: Price Withheld Buyer: Hammond Aire, LLC, Mont Belview Properties V, LLC Elifin's Notes : Hammond Aire Plaza Shopping Center purchased by Hammond Aire, LLC and Mont Belview Properties V, LLC. Price withheld. 11726 Richcroft Ave Price: $435,000 ($24 /...

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The Pulse: Embassy Apartments Sell for $11.6 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3918, 3928, 3942, 3964 Gourrier Ave Price: $11,600,000 ($77,333 / Unit) Buyer: Tiger Pointe Owner LLC Elifin's Notes : New York firm CLK Properties purchases the Embassy Apartments, a 150 unit complex off Nicholson Dr near the LSU campus. 10040 Burbank Dr Price: Price Withheld Buyer: Agree Stores LLC Elifin's Notes :...

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The Pulse: Baton Rouge Medical Clinic Sells for $4.1 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 505 E Airport Ave Price: $4,122,000 ($318 / SF) Buyer: Yellowhammer Partners LLC Elifin's Notes : Peranich Huffman Net Lease Group, a Texas real estate brokerage firm specializing in single tenant medical office and dialysis property investment sales, purchase facility Baton Rouge Vascular Access clinic. 8046, 8050 Florida Blvd Price:...

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The Pulse: Is Your Office Too Boring?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7855 Howell Blvd Price: $7,175,000 ($94 / SF) Buyer: NEC Baton Rouge LP Elifin's Notes : Champion Medical Office Building sells to Texas-based investment firm, New Era Companies. 11930 S Harrell's Ferry Rd Price: $1,200,000 ($103 / SF) Buyer: Mallery Charles Mele II Elifin's Notes : Covington-based Mele Printing purchase Printing Tech...

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The Pulse: Atlanta Investor Purchases MidCity Medical Clinic

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7656 Realtors Ave Price: $825,353 ($103 / SF) Buyer: HF FMC Realtors LLC Elifin's Notes : Atlanta-based investor purchases Fresenius Kidney Care Bon Carre medical office on Realtor's Ave off of Lobdell Blvd. 6338 Quinn Dr Price: $103,000 ($49 / SF) Buyer: Sunrise Property Group LLC Elifin's Notes : Office building sells...

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The Pulse: Perkins Road PetSuites Sells for $4.9 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8200 Perkins Rd Price: $4,976,134 ($355 / SF) Buyer: Nephron Properties LLC Elifin's Notes: Nephron Properties LLC, an Arkansas-based real estate investment company, purchase the PetSuites location on Perkins Rd. 6757 Florida Blvd Price: $900,00 ($23 / SF) Buyer: Eric and Saundra Lane Investments LLC Elifin's Notes: Eric Lane, president of Gerry...

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The Pulse: Former Capital One Branch Sells for $1.1 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5220 Government St Price: $1,100,000 ($266 / SF) Buyer: Midcity Marketplace, LLC Elifin's Notes : Developer Kevin Nguyen purchases the former Capital One bank branch property located on Government St. Mr. Nguyen will be redeveloping teh property for retail use. For leasing inquiries contact Mathew Laborde 225-659-8651. 10218 Sullivan...

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The Pulse: One of Last Vacant Lots in Industriplex Area Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1916 Dallas Dr Price: $140,000 ($41 / SF) Buyer: The CEO Mind Foundation Elifin's Notes : Local non-profit, t he CEO Mind Foundation, purchases former site of Dugee's Lounge on the corner of Dallas Dr and Waco Ave. 10929, 10947 Ansley Ave Price: $366,000 ($61,000 / Unit) Buyer: Click Clack Investment...

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