The Pulse

08 Mar The Pulse: Cortana Mall Sold

Posted at 07:39h 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 9123 Cortana Pl Price: $12,500,000 Buyer: Amazon.com Services LLC Elifin's Notes: Amazon purchases former Mervin's location and the center of the shuttered Cortana Mall in preparation for the online retailer's forth coming distribution center. 9501 Cortana Pl Price: $4,750,000 Buyer: Amazon.com Services LLC Elifin's Notes: Amazon purchases former Virginia College property at...

01 Mar The Pulse: Tuscany Villas Apartments Sell for 34.5m

Posted at 07:50h 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 10732 S Mall Dr Price: $34,500,000 ($75,000 / Unit) Buyer: Evergreen at Tuscany Villas LLC Elifin's Notes: Tuscany Villas Apartments, a 460-unit complex located off Siegen Lane near I-10, sells to Florida-based investor. 1701 Main St Price: $1,090,250 ($66 / SF) Buyer: East Baton Rouge Council on the Aging, Inc Elifin's Notes:...

22 Feb The Pulse: State National Building Downtown Sells

Posted at 08:40h 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 2380 O'Neal Lane Price: $1,145,035 ($95 / SF) Buyer: 2380 Oneal, LLC Elifin's Notes: Local investor purchases office building off O'Neal Lane just south of I-12 intersection. 17461 Jefferson Hwy, Unit C Price: $122,500 ($128 / SF) Buyer: HJT Properties LLC Elifin's Notes: Office suite sells in the Highland Club Office condominium. No...

15 Feb The Pulse: Former North American Auto Location on Airline Sells

Posted at 08:21h 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 9977 Airline Hwy Price: $1,200,000 ($205 / SF) Buyer: Benesh Properties LLC Elifin's Notes: Local investor purchases former auto dealership site off Airline Hwy near the I-12 intersection. 548 S Foster Dr Price: $225,000 ($237 / SF) Buyer: 548 Properties LLC Elifin's Notes: Retail property sells near the corner of S Foster...

08 Feb The Pulse: Bon Carre Technology Center Sold

Posted at 09:13h 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 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...

01 Feb The Pulse: Pine Grove Apartments Sold

Posted at 08:35h 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 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...

25 Jan The Pulse: 36 Acres on Burbank Dr Sold for over 3.1 Million

Posted at 09:12h 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 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:...

18 Jan The Pulse: Proposed 2.8 Million SF Distribution Center at Cortana Mall

Posted at 10:37h 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 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...

11 Jan The Pulse: 20 Commercial Sales including Kingston Point Apartments for 8.8mm

Posted at 09:23h 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 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...

04 Jan The Pulse: Robinson Bros Purchase Highland Rd Retail Center, LWCC Purchases Adjacent Restaurant

Posted at 12:00h 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 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...