The Pulse: Baton Rouge

09 Jan The Pulse BR: M&L Industries purchase new BR location for 5.2mm

Posted at 08:46h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10049 N Reiger Rd Type: Industrial Price: $5,200,000 ($108 / SF) Buyer: F2MV LLC Elifin's Notes: M & L Industries purchase industrial Reiger Rd property for their new Baton Rouge location. Lafayette St Type: Land Price: $525,000 ($70.23 / Land SF) Buyer: TJ Farms LLC Elifin's Notes: Attorney Tony Clayton of Clayton, Fruge, &...

01 Jan The Pulse BR: SouthStar Urgent Care in Zachary sells

Posted at 23:54h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5654 Main St Type: Office Price: $1,800,000 ($681 / SF) Buyer: Southstar MD LLC Elifin's Notes: SouthStar Urgent Care in Zachary sells to Utah-based investor. 5707 Siegen Lane Type: Land Price: $1,350,000 Buyer: Crawfish Commercial LLC Elifin's Notes: Commercially zoned lot sells on Siegen Lane near the Airline Hwy intersection. 8352 Bluebonnet Blvd Type: Office Price: $1,250,000...

26 Dec The Pulse BR: Retail center on Monterrey Blvd sold

Posted at 08:37h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10235 Jefferson Hwy (Building 5) Type: Office Price: $2,000,000 ($372 / SF) Buyer: GLIM LLC Elifin's Notes: Local investor purchases office building in the Metro Office Park. 850 North Blvd Type: Office Price: $460,000 ($136 / SF) Buyer: Royal Engineers and Consultants LLC Elifin's Notes: Royal Engineers and Consultants purchases B-1 zoned office near...

19 Dec The Pulse BR: Embassy Suites on Constitution Ave sold

Posted at 09:07h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7808 Howell Blvd Type: Retail Price: $750,000 ($124 / SF) Buyer: Montecristo Cigar Bar & Bistro LLC Elifin's Notes: Monecristo Cigar Bar & Bistro owner purchases the restaurant/bar's property near the Baton Rouge airport. 1095 S Flannery Rd Type: Retail Price: $560,000 ($112 / SF) Buyer: Rina Kim Property LLC Elifin's Notes: Local investor...

12 Dec The Pulse BR: Vacant Sherwood Forest bank property sells for 2mm

Posted at 09:13h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5423 S Sherwood Forest Blvd Type: Retail Price: $2,000,000 ($277 / SF) Buyer: Baton Rouge Vet Center LLC Elifin's Notes: Illinois-based investor purchases former Neighbors Credit Union on the corner of S Sherwood Forest Blvd and Market Place Ave 4323 Burbank Dr Type: Retail Price: $1,446,888 ($629 / SF) Buyer: Coflo Properties LLC Elifin's...

05 Dec The Pulse BR: 5.5 million in new construction at local Catholic church

Posted at 09:41h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6630 Siegen Lane Type: Multifamily Price: $39,500,000 ($126,603 / Unit) Buyer: Hidden Oaks Owner LLC Elifin's Notes: The Hidden Oaks at Siegen, a 312 unit apartment complex, sells to CLK Properties, a New York-based real estate investment firm. 6551 Bluebonnet Blvd Type: Retail Price: $2,700,000 ($264 / SF) Buyer: Halle Properties LLC Elifin's Notes:...

28 Nov The Pulse BR: Former Hancock Whitney on Industriplex sells

Posted at 09:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11033 Industriplex Blvd Type: Retail Price: $800,000 ($207 / SF) Buyer: AGP Investments LLC Elifin's Notes: Former bank branch on Industriplex Blvd sells to local investor. 6074 Stumberg Lane Type: Mixed-Use Price: $500,000 ($142 / SF) Buyer: Raymond L Shepherd Jr and Kathy Morrow Shepherd Elifin's Notes: Local couple purchases office building off Stumberg...

21 Nov The Pulse BR: Two Geaux Clean car wash locations sold

Posted at 08:53h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10202 Perkins Rowe Type: Mixed-Use Price: $41,800,000 ($184,956 / Unit) Buyer: Perkins Rowe Owner LLC Elifin's Notes: Terraces at Perkins Rowe, the 226 unit apartment complex at Perkin's Rowe, sell to Avid Realty Partners, a New York Multifamily investment firm. Tracts 17-A & 18-A Bluebonnet Blvd Type: Land Price: $3,914,475 ($35.95 /...

14 Nov The Pulse BR: Lake Surgery Center on Perkins sold

Posted at 08:56h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7145 Perkins Rd Type: Office Price: $8,950,000 ($383 / SF) Buyer: Perkins Plaza Development LLC Elifin's Notes: OLOL sells the Lake Surgery Center on Perkins Rd to a business owned in part by Dr. Larry "Chip" Bankston, Jr, local orthopedic surgeon. 249 Richland Avenue Type: Multifamily Price: $1,300,000 ($65,000 / Unit) Buyer: M...

07 Nov The Pulse BR: Former Spanish Moon on Highland Rd sells

Posted at 09:19h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11271 Reiger Rd Type: Hospitality Price: $10,250,000 ($101,485 / Unit) Buyer: ALH Properties No Twenty Six LP Elifin's Notes: American Liberty Hospitality, a Texas-based hotel development and management company, purchases the Hampton Inn & Suites Baton Rouge off Reiger Rd. 9181 Interline Ave Type: Office Price: $10,030,000 ($364 / SF) Buyer: NGP VII...