A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 801, 855 North Blvd: 858 Convention St: 160 N 8th St, Baton Rouge, LA 70802 Type: Office Price: $5,575,000 ($163.97 / SF) Buyer: Tamarisk Inc Elifin's Notes: A set of four office buildings on more than 2.2 acres change ownership in the Downtown area. 9979 Main...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. The Baton Rouge commercial real estate landscape is experiencing a significant influx of institutional capital, highlighted by a New Jersey-based realty trust acquiring a high-value medical portfolio for over $24 million. Key assets in this transaction include a rehabilitation hospital at 8000 Summa Ave ($10.5M), a nursing...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Market activity in the Capital Region is showing continued momentum within the professional office sector, recently highlighted by the acquisition of two specialized office condo units at 13006 Justice Avenue. Situated in the Justice/Bricksome office park just off South Sherwood Forest Blvd, these units demonstrate the ongoing...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11245, 11285, 11377 Airline Hwy, Baton Rouge, LA 70816 Type: Retail Price: $16,800,000 ($179.35 / SF) Buyer: Real Estate Holdco LLC Elifin's Notes: Hudson Automotive Group, a South Carolina-based company, acquires the All Star Chevrolet dealership on Airline Highway. 7809 Jefferson Hwy, Units A-I, Baton Rouge,...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 300 W Parker Blvd, Baton Rouge, LA 70808 Type: Multifamily Price: $37,000,000 ($268,116 / Unit) Buyer: Flatiron Property Owner LLC Elifin's Notes: The Flatiron Apartment Complex, a 138-unit multifamily property, sells on Parker Boulevard. 5912 Main St, Zachary, LA 70791 Type: Retail Price: $2,475,000 ($732.25 / SF)...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1500 N Airway Dr, Baton Rouge, LA 70815 Type: Specialty Price: $18,793,423 ($275.30 / SF) Buyer: BR Bridge School Properties Elifin's Notes: BR Bridge School Properties acquires a school property on North Airway Drive. 9288 Hwy 75, Geismar, LA 70734 Type: Industrial Price: $15,728,997 ($942.25 / SF)...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 14340 S Choctaw Dr, Baton Rouge, LA 70815 Type: Retail Price: $3,200,000 ($114.29 / SF) Buyer: Choctaw 143 LLC Elifin's Notes: An RV sales property changes ownership on South Choctaw Drive. 11444 Reulet Ave, Baton Rouge, LA 70816 Type: Hospitality Price: $2,400,000 ($40,678 / Unit) Buyer: Ashoka Corporation, TIN Elifin's Notes: Ashoka...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9150, 9292 Airline Hwy, Baton Rouge, LA 70815 Type: Retail Price: $20,540,000 ($211.99 / SF) Buyer: Real Estate Holdco LLC Elifin's Notes: Hudson Automotive Group, a South Carolina-based company, acquires All Star Toyota on Airline Highway. 12810 Airline Hwy, Baton Rouge, LA 70809 Type: Retail Price: $13,650,000...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11314 Boardwalk Dr, Baton Rouge, LA 70816 Type: Hospitality Price: $1,900,000 ($17,431 / Unit) Buyer: Titan General Contractors LLC Elifin's Notes: An Arkansas-based company acquires a 109-unit hotel property on Broadwalk Drive. 3012 Government St, Baton Rouge, LA 70806 Type: Retail Price: $1,150,000 ($290.40 / SF) Buyer:...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2375 Wooddale Blvd, Baton Rouge, LA 70806 Type: Industrial Price: $415,000 ($19.95 / SF) Buyer: Land & Home Solutions of America, LLC Elifin's Notes: An industrial warehouse property sells on Wooddale Boulevard. 10735 Cherryhill Ave, Baton Rouge, LA 70816 Type: Industrial Price: $162,500 ($45.68 / SF) Buyer:...