The Pulse

Proposed Mixed Use Development at Highland and Kenilworth

The June 29, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: CNV Properties LLC bought two fourplexes of two-bedroom, two-bath units at 8531 and 8541 Rush Avenue off Gardere Lane. A 1.68-acre parcel near Airline Highway and Greenwell Springs Road sold, and Hammond-based investor Kumar LLC bought an office condo on W...

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Three Multifamily Sales

The June 22, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Capital Region Planning Commission bought an office building at 14734 South Harrell's Ferry Road near Millerville Road. Three of the eight sales were apartment properties: a local investor bought a 32-unit multifamily portfolio on Iowa Street and West Roosevelt Street, a...

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Goodyear Tire on Highland Rd Sold

The June 15, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: Lee Cole Lewis LLC, a Dallas-based company, bought a net leased Goodyear tire service facility at 18411 Highland Road at Old Perkins Road, at a 6.75% cap rate. A 1.24-acre site off West Lee Drive near Burbank Drive sold for a...

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Former Rite Aid at Siegen Lane / Perkins Rd Sold

The June 8, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: JPMorgan Chase Bank, NA bought the former Rite Aid site at 9031 Siegen Lane at Perkins Road. The City-Parish bought 0.431 acres for the Pecue Lane interchange project, and 31.94 acres in Zachary that include two leased mobile homes sold to...

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Aldi Grocery Store Purchases 3.55 Acre Tract Near Walmart on O’Neal

The June 1, 2020 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Investar Bank bought the ground floor of Investar Tower at 10500 Coursey Boulevard, Suite 100. German-based Aldi bought 3.55 acres near the Walmart on O'Neal Lane, and local investors bought Tiger's Den, a 32-unit apartment complex in Tigerland....

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Signature Flight Support Purchases Airplane Hangar Near BTR

The May 25, 2020 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Ross Baton Rouge LLC, Orlando-based Signature Flight Support, bought an airplane hangar at 4303 Chuck Yeager Avenue near the Baton Rouge airport. The AAA Rent-All owner bought a former convenience store location off Perkins Road south of the Essen Lane intersection,...

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April Commercial Sales Report Released

The May 18, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Mohammad Alowda bought the Advanced Car Care facility at 9625 Airline Highway near the Old Hammond intersection. The City of Zachary bought 21.38 acres northwest of the Zachary Walmart, and the DiGiulio Brothers owners bought the neighboring restaurant space used by...

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Laser Tag Facility Sold

The May 11, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Parkview Baptist Church Foundation bought the Laser Tag of Baton Rouge facility at 5871 South Sherwood Forest Boulevard. Two California-based investors bought the Jack-in-the-Box at Government Street and South Foster Drive, and the historic Valley House Hotel at Government Street and...

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Family Dollar on Government St Sold to Dorsey Development

The May 4, 2020 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: Oak Glen Terrace LLC, a local investor, bought a large office/warehouse at 10163 Patriot Drive in Patriot Commerce Park off I-12 near Airline Highway. Dorsey Development bought the Family Dollar at Government Street and South Acadian Thruway, and attorney David Rozas...

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