The Pulse: Baton Rouge

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 383 Highlandia Dr Type: Office Price: $3,202,500 ($285 / SF) Buyer: Pinnacle Warehouse LLC Elifin's Notes: Office building with accompanying warehouse and vacant 1.2 acre lot sells on Highlandia Dr. 1600 Lakes Blvd Type: Multifamily Price: $3,045,000 ($145,000 / Unit) Buyer: Lewis Tec VI LLC Elifin's Notes: Local investors, Lanny and Valerie Lewis, purchase...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract C-2-B-2-D-1-C Church St Type: Land Price: $2,000,000 ($3.71 / Land SF) Buyer: Benny's Zachary LLC Elifin's Notes: Benny's Car Wash purchases 12+ acres next to the Rouse's Market in Zachary. 505 University Walk Type: Multifamily Price: $1,100,000 ($110,000 / Unit) Buyer: University Walk, LLC Elifin's Notes: Metairie-based investor purchases 10 unit apartment building...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract A-2-A Siegen Lane Type: Land Price: $1,875,000 ($24.60 / Land SF) Buyer: Aldi Inc Elifin's Notes: Aldi, a German-based grocery store chain, purchases lot near the Siegen Lane Village Shopping Center on the corner of Siegen Lane and I-10. 11512 Lake Sherwood Ave North Type: Office Price: $1,800,000 ($206 / SF) Buyer:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3000 July St Type: Portfolio Price: $45,571,200 ($155,004 / Unit) Buyer: BR1 Holdings LLC Elifin's Notes: Virginia-based firm purchase The Bradshaw Apartment complex near the North Gates at LSU. 9771 Jefferson Hwy Type: Multifamily Price: $100 + Other Valuable Consideration Buyer: Jefferson Shadows Partners LLC Elifin's Notes: The Jefferson Shadows Apartments, a 187 unit...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4888 Hooper Rd Type: Multifamily Price: $11,750,000 ($66,761 / Unit) Buyer: 4888 Hooper Road LA LLC Elifin's Notes: California-based investors purchase Hooper Pointe Apartments near the Hooper Rd and Plank Rd intersection. 11021 Plank Road Type: Multifamily Price: $4,000,000 ($55,556 / Unit) Buyer: Edgewood Manor LA LLC Elifin's Notes: Brooklyn-based investor purchases the Edgewood...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8453 Picardy Ave Type: Multifamily Price: $45,725,000 ($295,000 / Unit) Buyer: RK Dawson Park DST Elifin's Notes: Dawson Park Apartments, a four story 155 unit complex in the health district of Baton Rouge, sells to RK Properties, a California-based multifamily investment company.. 270 Main St Type: Retail Price: $3,361,908 ($1,457 / SF) Buyer:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1616 North Harco Drive Price: Withheld Buyer: Skyward BR Equities LLC Elifin's Notes: A Brooklyn-based investment group purchases the Oak Village Apartments, a 98 unit complex near BRCC. Price withheld. 1737 La Annie Drive Price: Withheld Buyer: Skyward BR Equities LLC Elifin's Notes: Brooklyn-based investment group purchase Olive Square Apartments, a 96...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 644 Monet Drive Price: $1,100,000 ($45,833 / Unit) Buyer: 644 Monet Investments LLC Elifin's Notes: Monet Place, a 24 unit apartment complex, sells to a Texas-based investor. 10235 Jefferson Hwy, Building 6, Suites B, C Price: $993,303 ($267 / SF) Buyer: B & E Metro LLC Elifin's Notes: Weiler Plastic Surgery purchases...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5505 Highland Rd Price: $853,888 ($474 / SF) Buyer: Bank of St Francisville Elifin's Notes: The Bank of St. Francisville purchases former Investar Bank location on Highland Rd. 11330 Coursey Blvd Price: $1,320,000 ($367 / SF) Buyer: Neil's Quick Stop LLC Elifin's Notes: Convenience store sells on the corner of Coursey Blvd...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5744 S Sherwood Forest Blvd Price: $475,000 ($264 / SF) Buyer: LSW RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change and Car Care on S Sherwood Forest Blvd sells to local investor. 3311 Drusilla Lane Price: $545,000 ($303 / SF) Buyer: CHK RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change...