The Pulse: Baton Rouge

The Pulse BR: Chipotle property on Siegen sold to Las Vegas investors

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract 4-C-2-A Siegen Ln, Baton Rouge, LA 70809 Type: Land Price: $1,675,000 ($45.24 / SF) Buyer: CFT NV Developments LLC Elifin's Notes: Land adjacent to Chipotle on Siegen Lane sells to Las Vegas-based investors. 710 N Lobdell Blvd, Baton Rouge, LA 70806 Type: Hospitality Price: $1,200,000 ($24,490 / Unit) Buyer: ASVR...

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The Pulse BR: Downtown Building in Belle of Baton Rouge complex sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 150 Mayflower St, Baton Rouge, LA 70802 Type: Retail Price: $1,466,000 ($139.62 / SF) Buyer: GLP Capital, LP Elifin's Notes: Gaming & Leisure Properties purchase building in the Belle of Baton Rouge complex downtown. 8220 Goodwood Blvd, Baton Rouge, LA 70806 Type: Office Price: $685,000 ($57.42 / SF) Buyer: Louisiana Organization...

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The Pulse BR: Geismar industrial properties sold for 7.2mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6014, 6124 Copperhead Rd, Geismar, LA 70734 Type: Industrial Price: $4,200,000 ($148.94 / SF) Buyer: Casso Enterprises LLC Elifin's Notes: In one of two purchases this past week, Casso Enterprises LLC purchases two non-adjacent properties within the Copperhead Industrial area in Geismar 6087, 6091 Copperhead Rd, Geismar, LA...

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The Pulse BR: Walgreens on Highland sold to NY Investor

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5298 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $3,550,000 ($287.80 / SF) Buyer: 5298 Highland Rd LLC Elifin's Notes: Walgreens location on the corner of Highland Rd and Lee Dr sells to New York-based investor. 571 Kornmeyer Plaza Drive, Baton Rouge, LA 70806 Type: Industrial Price:...

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The Pulse BR: Ascension Parish Government purchases 15+ acres

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract AP-1 Weber City Rd, Gonzales, LA 70737 Type: Land Price: $735,000 ($2.25 / Land SF) Buyer: Ascension Parish Government Elifin's Notes: The Ascension Parish Government purchases 7.5+ acres within an existing 14+ acre tract of land fronting on Weber City Road in Gonzales 3765 North Acadian Thruway,...

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The Pulse BR: Podnuh’s BBQ on Sherwood sells to local investors

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3202 South Sherwood Forest Boulevard, Baton Rouge, LA 70816 Type: Retail Price: $1,450,000 ($173.34 / SF) Buyer: Hailiang Lin Elifin's Notes: S Sherwood Forest Blvd property formerly used as Volcano Korean BBQ & Hot Pot restaurant sells. 8450 Madrid Avenue, Baton Rouge, LA 70814 Type: Industrial Price: $1,000,000 ($38.76 /...

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The Pulse BR: Hampton Inn on Consititution sells to Lafayette company

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1721 Louisiana 30 West, Gonzales, LA 70737 Type: Land Price: $875,000 ($12.17 / Land SF) Buyer: Jase Enterprises LLC Elifin's Notes: Investors purchase a 1+ acre parcel of commercial land along LA Hwy 30 in Gonzales. 11062 Cloverland Dr, Baton Rouge, LA 70809 Type: Industrial Price: $635,000 ($84.67 / SF) Buyer:...

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The Pulse BR: Local investor purchases 28 homes

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3445 Bluebonnet Boulevard, Baton Rouge, LA 70809 Type: Land Price: $1,800,000 ($11.67 / Land SF) Buyer: Ujjagar Investment LLC Elifin's Notes: Local investor purchases vacant lot off Bluebonnet Blvd near the Celtic Dr intersection. 2718 S Ruby Ave, Gonzales, LA 70737 Type: Industrial Price: $1,360,000 ($116.51 / SF) Buyer: COLEMAN ROOFING...

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The Pulse BR: Retail Center sells near Highland at Lee

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9250 Wilbur St, Baton Rouge, LA 70807 Type: Industrial Price: $1,218,290 ($62.16 / SF) Buyer: FNLR Non-Friction LLC Elifin's Notes: California-based buyers purchase large industrial facility and vacant lot on the corner of Wilbur St and Rosenwald Rd. 162 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price:...

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The Pulse BR: New York investors purchase 3 apartment complexes

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5251 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Retail Price: $1,300,000 ($135.42 / SF) Buyer: Fen Xu Elifin's Notes: EE Kitchen & Bath owner purchases the company's building on S Sherwood Forest Blvd. 13386 Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $1,190,000 ($175.00 / SF) Buyer: Clay &...

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