The Pulse: Baton Rouge

03 Oct The Pulse BR: Impact Charter School purchases Baker property

Posted at 08:45h 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 4815 Lavey Lane Type: Specialty Price: $8,530,000 ($252 / SF) Buyer: Friends of Impact Charter Schools Elifin's Notes: Impact Charter School purchases their facility on Lavey Lane in Baker. 19.5 Acre Tract Highland Rd Type: Land Price: $5,250,000 ($6.18 / Land SF) Buyer: The Lake at Magnolia Woods LLC Elifin's Notes: 19.5 acres of...

26 Sep The Pulse BR: Royal Palms Apartments sold for 30 million

Posted at 09:02h 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 10245 Airline Highway Type: Multifamily Price: $30,000,000 ($238,095 / Unit) Buyer: LTL Royal Palms-Baton Rouge DST Elifin's Notes: The Royal Palms apartments off Airline Hwy near the I-12 intersection sells to California-bases LTL Investments, a vertically integrated multifamily investment and management firm. 505 E Airport Ave Type: Office Price: $5,904,000 ($455 /...

19 Sep The Pulse BR: Former George’s Building Under Perkins Overpass Sold

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

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11528 Old Hammond Highway Type: Multifamily Price: $11,300,000 ($60,753 / Unit) Buyer: TV Eden Point LLC Elifin's Notes: Eden Point Apartments, a 186 unit complex on Old Hammond Hwy, sells to California-based investors. 7414 Sumrall Dr Type: Healthcare Price: $2,227,500 ($58 / SF) Buyer: GBT Properties LLC Elifin's Notes: Former assisted living facility on...

12 Sep The Pulse BR: Arlington Cottage Apartments sell to Chicago Investors

Posted at 07:55h 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 7031 Commerce Cir Type: Office Price: $12,000,000 ($442 / SF) Buyer: Louisiana Paradigm LLC Elifin's Notes: Republic Finance building in Towne Center sells to local investor in a lease-back agreement. 6588 Siegen Lane Type: Retail Price: $4,953,593 ($1,598 / SF) Buyer: Raising Cane's Restaurants LLC Elifin's Notes: Raising Cane's purchases the restaurant's Siegen Lane...

05 Sep The Pulse BR: Baton Rouge General Purchases Land

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 855 South Flannery Road Type: Multifamily Price: $7,320,000 ($61,000 / Unit) Buyer: Acadian Place 2022 LLC Elifin's Notes: Balitmore-based investor purchases the Acadian Place Apartments, a 120 unit complex on S Flannery Rd near Goodwood Blvd. 8012 Bayou Fountain Ave Type: Portfolio Price: $6,700,000 ($93,056 / Unit) Buyer: Signal SFR LLC Elifin's Notes: Flock...

29 Aug The Pulse BR: Multiple Geaux Clean Car Wash locations sold to Investors

Posted at 08:44h 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 263 Eddie Robinson Sr Dr Type: Retail Price: $1,300,000 ($181 / SF) Buyer: Ross Gold LLC Elifin's Notes: Desselle Funeral Home owners purchase their facility in downtown Baton Rouge. 10811 Burbank Dr Type: Land Price: $731,803 ($14.00 / Land SF) Buyer: Ngo and Fresina Properties LLC Elifin's Notes: Commercially zoned lot sells on Burbank...

22 Aug The Pulse BR: Waffle House Purchases Lot on W Lee Drive

Posted at 07:45h 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 6300 Corporate Blvd Type: Office Price: $6,870,488 ($208 / SF) Buyer: Orion Holdings LLC Elifin's Notes: Orion Laboratories purchases CitiPlace Centre II, a 2 story office building off Corporate Blvd. 9820 Old Hammond Hwy Type: Retail Price: $5,463,000 ($331 / SF) Buyer: Kamakshi Baton Rouge Realty LLC Elifin's Notes: New York-based investor purchases the...

15 Aug The Pulse BR: Zachary Shopping Center Sells to Local Investor

Posted at 08:20h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 20377 Old Scenic Hwy Type: Retail Price: $5,750,000 ($205 / SF) Buyer: Shree Zachary LLC Elifin's Notes: Zachary shopping center sells to local investor. 5131 Essen Lane Type: Office Price: $1,150,000 ($387 / SF) Buyer: HSC 7Brew Baton Rouge LLC Elifin's Notes: Alabama-based developer purchases medical office off Essen Lane across from Our Lady...

08 Aug The Pulse BR: Government Street Rezoning For Mixed Use Development

Posted at 07:22h 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 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...

01 Aug The Pulse BR: Benny’s Car Wash Purchases 12 Acres in Zachary

Posted at 08:36h 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 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...