The May 1, 2023 issue covers sixteen commercial sales recorded across Baton Rouge the previous week, totaling $8.41M in disclosed volume. The headline deal: Cardinal Hill Real Estate LLC, for Assurance Financial, paid $3.4M ($242.86/SF) for the company's first-floor office in The Cardinal Hill office building on Jefferson Highway. Office and multifamily led with five sales each, including Assisi Village,...
The April 24, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $6.68M in disclosed volume. The headline deal: Ishwar Krupa 2023 LLC, a Denham Springs buyer, paid $3.85M ($67,544/unit) for the Siegen Inn, a 57-room hotel on Honore Lane off Siegen Lane. Retail led the week with three of the five sales, including La-Z-Boy...
The April 17, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $10.7M in disclosed volume. The headline deal: Baton Rouge Acquisitions LLC, for Commercial Properties Realty Trust, paid $9.5M ($7.27/Land SF) for approximately 30 acres on Nicholson Drive between downtown and LSU, bought from Goldman Sachs. Land accounted for two of the five sales,...
The April 10, 2023 issue covers thirteen commercial sales recorded across Baton Rouge the previous two weeks, totaling $48.3M in disclosed volume. The headline deal: HPI Oliver LLC, for Connecticut-based real estate investment firm Hamilton Point Investments, paid $21.8M ($113,281/unit) for the Oliver Apartments, a 192-unit student housing complex on Burbank Drive near LSU. Office led the week with five...
The April 3, 2023 issue covers thirty-eight commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. The cases included The Village at Magnolia Woods, a proposed rezoning to a Planned Unit Development for a mixed-use development with low- and medium-density residential and commercial/office uses, along with a rezoning to let Gov't Taco serve alcohol in...
The March 27, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $9.02M in disclosed volume. The headline deal: Big Boss Perkins LLC, a local investor, paid $2.6M ($788/SF) for the Circle K on Perkins Road. Retail led the week with three of the nine sales, including a convenience store near LSU's North Gates bought...
The March 20, 2023 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $8.43M in disclosed volume. The headline deal: JM Test RE Acquisition LLC, for Chicago-based business investment firm Kanbrick, paid $2.61M ($75/SF) for JM Test Systems' facility on Tom Drive as part of Kanbrick's purchase of the company. Industrial and office led with four...
The March 13, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $2.94M in disclosed volume. The headline deal: FIDC 131 LLC, for Ohio-based Cocca Development, paid $975K ($20/SF) for the former Lancaster House location on Hooper Road in Central. Retail led the week with three of the seven sales, including the Chicken Shack at...
The March 6, 2023 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $5.67M in disclosed volume. The headline deal: Fidelity Bank paid $1.63M ($398/SF) for a former Capital One branch on Bluebonnet Boulevard across from the Mall of Louisiana. Office led the week with three of the ten sales, while Lane Regional Medical Center bought...
The February 27, 2023 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $3.91M in disclosed volume. The headline deal: AIDS Healthcare Foundation, a Los Angeles-based nonprofit, paid $1.6M ($152/SF) for a medical office on Cumberland Place just off Goodwood Boulevard. Land led the week with three of the six sales, two of them commercially zoned...
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