The Pulse: Baton Rouge

The Pulse BR: BE Steel purchases 10 acres in Gonzales

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3368 Brentwood Dr, Baton Rouge, LA 70809 Type: Office Price: $1,200,000 ($308.96 / SF) Buyer: Country House St Francisville LLC Elifin's Notes: Country House St Francisville LLC purchases an office property near the Baton Rouge Country Club. 38387, 38399 Pierce Rd, Gonzales, LA 70737 Type: Land Price: ...

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The Pulse BR: Iconic Chinese Inn property on Airline sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1617 Hwy 30, Gonzales, LA 70737 Type: Industrial Price: $3,500,000 ($212.12 / SF) Buyer: Elliott Partners Ltd Elifin's Notes: Elliott Partners Ltd purchases their industrial location at the hard corner of East Highway 30 and South Darla Avenue. 11559 Florida Blvd, Baton Rouge, LA 70815 Type: Retail Price:...

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The Pulse BR: Two Circle K properties sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4959 Evangeline St, Baton Rouge, LA 70805 Type: Retail Price: $1,550,000 ($620.00 / SF) Buyer: Nabut Brothers LLC Elifin's Notes: Nabut Brothers LLC acquires the Circle K Store property on Evangeline Street. 3536 Drusilla Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,316,250 ($1,492.35 / SF) Buyer:...

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The Pulse BR: Towne Center Sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7529 Corporate Blvd, Baton Rouge, LA 70809 Type: Retail Price: $81,000,000 ($197.16 / SF) Buyer: G&I XI TC at Cedar Lodge LLC Elifin's Notes: The Towne Center at Cedar Lodge sells to a New York-based entity for $81MM. 4445 Alvin Dark Ave, Baton Rouge, LA 70820 Type: Multifamily Price: $5,450,000...

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The Pulse BR: Former Circle Bowl sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1710 N Marque Anne Dr, Baton Rouge, LA 70815 Type: Multifamily Price: $4,275,000 ($12,955 / Unit) Buyer: Baton Rouge Apartment Group LLC Elifin's Notes: Baton Rouge Apartment Group LLC purchases the 330-unit Cherry Creek apartment complex. 1737 La Annie Dr, Baton Rouge, LA 70815 Type: Multifamily Price: $1,370,000 ($15,930 /...

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The Pulse BR: Leadership update at ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 38394, 38398, 38402 Hwy 30, Gonzales, LA 70737 Type: Industrial Price: $3,163,160 ($143.78 / SF) Buyer: Pinnacle Warehousing LLC Elifin's Notes: A set of three industrial buildings sell in Gonzales. 11670 Airline Hwy, Baton Rouge, LA 70816 Type: Self-Storage Price: $800,000 ($1,961 / Unit) Buyer: Daisy Hill Airline LLC Elifin's Notes: Daisy...

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The Pulse BR: Park Place apartments sell for 82mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 222 E Boyd Dr, Baton Rouge, LA 70808 Type: Multifamily Price: $82,013,500 ($295,013 / Unit) Buyer: BLA Owner LLC Elifin's Notes: A multifamily real estate investment group out of New York purchases the Park Place apartment complex. 13505 Millerville Greens Blvd, Baton Rouge, LA 70816 Type: Retail Price: $4,375,000 ($283.12...

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The Pulse BR: Office building sells for 2.1mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7600 Innovation Park Rd, Baton Rouge, LA 70820 Type: Office Price: $2,105,000 ($126.30 / SF) Buyer: Compliance Envirosystems LLC Elifin's Notes: Compliance Envirosystems LLC acquires an office property along with a vacant parcel on Innovation Park Drive. 20214 Tucker Rd, Zachary, LA 70791 Type: Land Price: $1,000,000 ($0.49 / Land...

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The Pulse BR: 77-Room hotel sells near BTR

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2949 Varsity St, Baton Rouge, LA 70807 Type: Hospitality Price: $1,400,000 ($18,182 / Unit) Buyer: Brothers Hospitality LLC Elifin's Notes: A hotel property with 77 rooms changes ownership across from the Baton Rouge Metropolitan Airport. Tract A Hwy 22, Darrow, LA 70725 Type: Land Price: $1,392,000 ($0.36 / Land SF) Buyer:...

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The Pulse BR: Newly-built Take 5 property changes hands

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5811 Creek Centre Dr, Baton Rouge, LA 70820 Type: Land Price: $2,000,000 ($45.06 / Land SF) Buyer: JP Morgan Chase Bank Elifin's Notes: JP Morgan Chase Bank acquires a 1+ acre parcel of commercial vacant land off Burbank Drive near Lee Drive. 9728 Sullivan Rd, Baton Rouge, LA...

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