The July 10, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week, totaling $3.4M in disclosed volume. The headline deal: Trivento Development LLC, for developer Arthur Lancaster, paid $2.75M ($0.18/Land SF) for 364 acres at Old Scenic Highway and Groom Road, with plans to develop a residential neighborhood. The other two sales were a retail property...
The July 3, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $3.41M in disclosed volume. The headline deal: Jonathan Cheplak, a Nevada-based buyer, paid $1.6M ($11.62/Land SF) for a commercially zoned lot of more than three acres on Perkins Road. Office led the week with four of the nine sales, including an eight-story office...
The June 26, 2023 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $8.24M in disclosed volume. The headline deal: Louisiana Baton Rouge LLC, for Massachusetts-based real estate investment and property management firm Aspen Square Management, paid $6M ($44,776/unit) for the Armstrong Apartments, a 134-unit complex on Burbank Drive. Office led the week with three of...
The June 19, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.86M in disclosed volume. The headline deal: Brothers of the Sacred Heart of New Orleans Inc paid $2.4M ($109.09/SF) for a religious facility on Hundred Oaks Avenue just off South Acadian Thruway. Retail led the week with three of the seven sales, including...
The June 12, 2023 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $6.51M in disclosed volume. The headline deal: SDP LA Baton Rouge 1 LLC, for Oxford-based retail investment firm Streamline Development Partners, paid $2.5M ($353.01/SF) for TJ Ribs' Siegen Lane location. Retail led the week with four of the ten sales, including a former...
The June 5, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $7.51M in disclosed volume. The headline deal: Central/Won LLC, a Houston-based real estate investor, paid $1.75M ($158.33/Land SF) for Unit A of the Settlement at Shoe Creek development on Sullivan Road. Retail led the week with five of the eleven sales, including Smoothie...
The May 29, 2023 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $9.34M in disclosed volume. The headline deal: Miller Hunt LLC, an Illinois-based buyer, paid $4.61M ($317.97/SF) for Range USA, a gun shop and gun range on Millerville Greens Boulevard. Retail led the week with four of the ten sales, including an auto parts...
The May 22, 2023 issue covers fifteen commercial sales recorded across Baton Rouge the previous week, totaling $41.8M in disclosed volume. The headline deal: Riverbend Owners LLC, for Illinois-based real estate investment firm Ashland Capital, paid $23.8M ($77,110/unit) for the Villas at Riverbend, a 308-unit student housing complex on River Road near LSU. Land led the week with six of...
The May 15, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $4.6M in disclosed volume. The headline deal: RC 1334 Florida Blvd LLC, a Georgia-based investor, paid $1.37M ($263.46/SF) for an Exxon-branded gas station on Florida Street in Mid City. Industrial led the week with four of the nine sales, including an industrial property...
The May 8, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.24M in disclosed volume. The headline deal: Cash America Inc of Louisiana paid $740K ($74/SF) for Texas-based Cash America Inc's location on Florida Boulevard near North Ardenwood Drive. Industrial led the week with three of the seven sales, while the Shiloh, a 14-unit...
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