The Pulse

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1222 Bob Pettit Blvd Price: $1,175,000 ($78,333 / Unit) Buyer: 1222 Bob Pettit Blvd LLC Elifin's Notes : The Graduate Apartments, a 15-unit complex in Tigerland, sells to local investor. 4554 Alvin Dark Ave Price: $450,000 ($45,000 / Unit) Buyer: Jann Properties 2 LLC Elifin's Notes : Tigerland apartment complex sells consisting...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9550 Interline Ave Price: $4,850,000 ($93 / SF) Buyer: Pelican View Properties Elifin's Notes: Former Robinson Brothers Lincoln dealership sells at the Airline Hwy / I-12 intersection. 7175 Plank Rd Price: $1,030,000 ($349 / SF) Buyer: Etoile Dr Mer LLC Elifin's Notes: Convenience store sells at the corner of Plank Rd and...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8531, 8541 Rush Ave Price: $400,000 ($50,000 / Unit) Buyer: CNV Properties LLC Elifin's Notes : Two 4-plexes consisting of 2 bed / 2 bath units sell off of Gardere Lane. 4021 W E Heck Ct, Suite H2 Price: $200,000 ($137 / SF) Buyer: Kumar LLC Elifin's Notes : Hammond-based investor purchases...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14734 S Harrells Ferry Rd Price: $1,195,000 ($91 / SF) Buyer: Capital Region Planning Commission Elifin's Notes : Capital Region Planning Commission purchases office building off S Harrell's Ferry Rd near the Millerville Rd intersection. 1984 Wooddale Blvd Price: $190,000 ($38 / SF) Buyer: Heart 2 Heart Care Clinic LLC Elifin's Notes...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 18411 Highland Rd Price: $2,470,500 ($392 / SF) Buyer: Lee Cole Lewis LLC Elifin's Notes : Dallas-based company purchases a net leased Goodyear tire service facility on the corner of Highland Rd and Old Perkins Rd for a 6.75% cap rate. 3040 Ray Weiland Dr Price: $225,000 ($47 / SF) Buyer:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9031 Siegen Lane Price: $2,500,000 ($227 / SF) Buyer: JPMorgan Chase Bank, NA Elifin's Notes : Former Rite Aid site at Siegen Lane and Perkins Road purchased by JPMorgan Chase Bank, NA. 6817 Greenwell Springs Rd Price: $150,000 ($7 / SF) Buyer: Gracie Corporation Elifin's Notes : Gracie Corporation purchases large building...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10500 Coursey Blvd (Suite 100) Price: $1,722,500 ($70 / SF) Buyer: Investar Bank Elifin's Notes : Investar Bank purchases ground floor of Investar Tower. 5131 Essen Lane Price: $700,000 ($235 / SF) Buyer: 5131 Essen Lane LLC Elifin's Notes : Local investor purchases medical office off Essen Lane across from Our Lady...

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...

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...

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...