09 Sep The Pulse: $30m Multifamily Purchase by Colorado Investment Group
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11999 Longridge Ave $16,000,000 Buyer: MIMG CLIV Longridge Sub, LLC & MIMG LR4 Longridge, LLC $111,111/Unit Elifin's Notes: Colorado based Monarch Investment and Management Group purchase Longridge Apartment complex off of S Sherwood Forest Blvd. 10920 Airline Hwy $14,900,000 Buyer: MIMG CLIV Dove Creek Sub, LLC & MIMG LR4 Dove Creek, LLC $89,759/Unit Elifin's Notes: Monarch Investment and...
03 Sep The Pulse: $20m Multifamily Sale + Former Barcadia Rezoning + New Bar on George Oneal
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12901 Jefferson Hwy $20,500,000 Buyer: Live Oaks Baton Rouge Apartments LLC $111,413/Unit Elifin's Notes: Live Oaks apartment complex at Jefferson Hwy and Stumberg Ln sells to New Orleans area investor. 6750 Harry Dr, 6751 Titian Ave, 6752 Titian Ave $3,300,000 Buyer: Block Investors LLC $37,500/Unit Elifin's Notes: New Orleans investor purchases apartment complex on Titian Ave,...
26 Aug The Pulse: $10m+ Hospitality Sale
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6080 Bluebonnet Blvd $6,046,321 Buyer: Maruti Investments 1, LLC $47,987/unit Elifin's Notes: The Hyatt Place hotel located near I-10 across Bluebonnet Blvd from the Mall of Louisiana sells to investor who also purchased TownePlace Suites by Marriott off Summa Ave on the same day. 8735 Summa Ave $4,095,007 Buyer: Maruti Invesments II, LLC $45,500/unit Elifin's...
19 Aug The Pulse – $8.5m Office Sale on Sherwood + BTR Airport Expanding Boundary
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4000 S Sherwood Forest Blvd $8,525,000 Buyer: 4000 Sherwood LLC & Sherwood 4 LLC $109/SF Elifin's Notes: Iconic South Sherwood Forest Blvd office building sold to investors, David Divincenti, Jr and Patrick Cusick. 2623 Government St $660,000 Buyer: RKB Investments LLC $103/SF Elifin's Notes: Investment group purchases Taylor Clark building in mid-city. 12481,12483 Warfield Ave $107,000 Buyer:...
12 Aug The Pulse #31
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Staring Ln__Tracts 1-46 $2,985,400 Buyer: Alvarez Construction Co LLC $4.57/SFofLand Elifin's Notes: Alvarez Construction purchases land on Staring Ln near Highland Rd for their Fieldstone Park development, a gated, residential community. Sherwood Forest Blvd__2834 S (Suite B6) $100,000 Buyer: Haby Sall $55.56/SF Elifin's Notes: Dakar African Hair Braiding owners purchase their retail space in...
05 Aug The Pulse #30
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Oak Villa Blvd__Tract 27-A-1-B-1 $238,000 Buyer: Jason Christopher Hornsby $2.83/SFofLand Elifin's Notes: Jason Hornsby, President of Vector Sales, purchases land on the corner of S Choctaw Dr and Oak Villa Blvd. 10440 Hooper Rd $350,000 Buyer: Oceguera Properties LLC $55/SF Elifin's Notes: Property with 2,400 SF office building and 4,000 SF warehouse sold in...
29 Jul The Pulse #29
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6700 Jefferson Hwy, Building 7 $2,947,815 Buyer: M202 LLC $195/SF Elifin's Notes: Massad Olinde Benefits Consulting Firm purchase building in 6700 Jefferson Office Park. 10523 N Oak Hills Pkwy, Suite A $365,000 Buyer: Tati Investments LLC $143/SF Elifin's Notes: Dr. Vasudev Hejamadi Tati purchases office suite at the North Oak Hills Office Plaza. 3132 Wyoming...
22 Jul The Pulse #28
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11715 Bricksome Ave, Unit B-3 $40,000 Buyer: Bricksome Place LLC $44/SF Elifin's Notes: Attorney Greg Gouner purchases office suite in Wolfe's Creek Office Condominium. 2628 S Sherwood Forest Blvd $365,000 Buyer: ABS Communications Inc $166/SF Elifin's Notes: Owners of Pelican Pawn Shop purchase retail space on S Sherwood Forest Blvd near I-12. 5504 Plank Rd $400,000 Buyer:...
15 Jul The Pulse #27
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9544 Delcourt Ave $200,000 Buyer: Tom Van Tran $32/SF Elifin's Notes: Delcourt Ave office building near Airline Hwy sold to new investor. 250 S Foster Dr $1,200,000 Buyer: 250 SF LLC N/A Elifin's Notes: Consultant Perry Franklin of Franklin Associates purchases the former campus of Church of the Way Presbyterian. Tract 40 W El Cajon...
08 Jul The Pulse #26
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11605 Southfork Ave, Unit B $750,000 Buyer: Choate Properties LLC $96/SF Elifin's Notes: Southfork Quarters office building sold to local investor, Michael Choate. 13431 Tiger Bend Rd $130,000 Buyer: Larm Properties LLC $76/SF Elifin's Notes: Dr. Justin Bonaventure purchases dental office formerly owned by Dr. James Gilbert, III. 7566 Picardy Ave $1,325,000 Buyer: Our Lady of the...