The Pulse: Baton Rouge

16 Mar The Pulse BR: Ohio-based REIT acquires Oak Grove Townhomes

Posted at 09:09h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8888 Airline Hwy, Baton Rouge, LA 70815 Type: Retail Price: $4,550,000 ($91.03 / SF) Buyer: 8888 Airline LLC Elifin's Notes: A Conn's Home Plus property sells to a local investor with plans to lease it out to the Secretary of State. 12137 Airline Hwy, Baton Rouge, LA 70817 Type:...

08 Mar The Pulse BR: Red Stick Brothers purchase subdivision

Posted at 21:20h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9215 Cedar Ct, Baton Rouge, LA 70812 Type: Multifamily Price: $3,250,000 ($53,279 / Unit) Buyer: Oakwood by RSB LLC Elifin's Notes: Red Stick Brothers, a rental home owner and management company, purchases the Oakwood Terrace Subdivision, which contains 60-homes and an office/clubhouse. 16791 Plank Rd, Baton Rouge, LA...

02 Mar The Pulse BR: Perkins Plaza retail center sold

Posted at 08:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 13213, 13259 Perkins Rd, Baton Rouge, LA 70810 Type: Retail Price: $1,350,000 ($129.81 / SF) Buyer: Carlye LLC Elifin's Notes: A pair of local business owners acquire the Perkins Plaza retail strip center. 5917 Jones Creek Rd, Baton Rouge, LA 70817 Type: Office Price: $662,500 ($64.75 /...

23 Feb The Pulse BR: Land adjacent to Court to Table sells

Posted at 08:34h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6150 Hwy 73, Geismar, LA 70734 Type: Industrial Price: $1,800,000 ($137.14 / SF) Buyer: Upton & Wood Holdings LLC Elifin's Notes: An industrial property with office and warehouse space changes hands near Jackie Robinson Memorial Park on Highway 73. 7611 Burbank Dr, Baton Rouge, LA 70820 Type:...

16 Feb The Pulse BR: Former Winn-Dixie in Central sold

Posted at 09:08h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6897 Perkins Road, Baton Rouge, LA 70808 Type: Land Price: $2,200,000 ($17.54 / Land SF) Buyer: First National Bank of Louisiana Elifin's Notes: A 2+ acre tract of land sells along Perkins Road near Pennington's campus. 37558 Highway 30, Gonzales, LA 70737 Type: Industrial Price: $1,400,000 ($96.55...

08 Feb The Pulse BR: Downtown hotel sold to Orlando-based company

Posted at 15:42h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8585 Summa Ave, Baton Rouge, LA 70816 Type: Healthcare Price: $10,000,000 ($572.67 / SF) Buyer: Holly Court Propco LLC Elifin's Notes: The Holly Court assisted living facility sells to a Miami-based company. 37091 E Hwy 30, Geismar, LA 70734 Type: Land Price: $6,375,000 ($4.83 / Land SF)...

02 Feb The Pulse BR: $30mm permit issued for Our Lady of The Lake

Posted at 09:04h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17363 Vallee Ct, Prairieville, LA 70769 Type: Industrial Price: $465,000 ($66.43 / SF) Buyer: Intense Volleyball L3C Elifin's Notes: An industrial property with a pair of connected metal warehouses sells on Vallee Court. 41063 Don Lou Dr, Gonzales, LA 70737 Type: Industrial Price: $430,000 ($86.00 / SF) Buyer: Owens, Casey John Elifin's...

26 Jan The Pulse BR: Elevate Church purchases retail center in Baker

Posted at 09:28h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12250 Plank Rd, Baton Rouge, LA 70811 Type: Retail Price: $1,200,000 ($15.58 / SF) Buyer: Elevate Church Baton Rouge Inc Elifin's Notes: A former grocery anchored retail center property changes ownership at the corner of Plank Road and Comite Drive. 2941 S Ruby St, Gonzales, LA...

19 Jan The Pulse BR: Four buildings downtown sold for 5.5mm

Posted at 06:53h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

12 Jan The Pulse BR: New Jersey-based trust acquires numerous medical facilites

Posted at 08:28h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...