The Pulse: Baton Rouge

OLOL Buys Lot At Rouzan – The High Grove Apartments Sold

The December 20, 2021 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $5.99M in disclosed volume. The headline deal: Our Lady of the Lake Hospital Inc paid $1.8M ($22.34/Land SF) for a lot at the Rouzan Development off Perkins Road. Land led the week with six of the thirteen sales, while New York-based Kushner Companies...

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Engquist Purchases 250 Acres and Arlington Marketplace Sold

The December 13, 2021 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $53.9M in disclosed volume. The headline deal: Arlington Marketplace I LLC, a California-based investor, paid $30.1M ($231/SF) for Arlington Marketplace, a Rouse's Market-anchored retail center on Arlington Creek Centre Boulevard near the LSU campus. Land led the week with six of the thirteen...

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Best Buy at Mall of LA Sold

The December 6, 2021 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $29.1M in disclosed volume. The headline deal: SSSF1 BR LLC, a Maryland-based investor, paid $11.1M for a portfolio of three self-storage facilities, a multi-building industrial property and a car wash, including 13030 South Choctaw Drive. Land and office each accounted for three of...

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12 Acres Near Airline and Highland Sold

The November 29, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $1.63M in disclosed volume. The headline deal: Linden Dean, an Oklahoma-based investor, paid $758K ($505/SF) for the Take 5 Oil Change in Zachary at the corner of Highway 19 and Main Street. Retail, office and land each accounted for two of the six...

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27 Commercial Sales Last Week

The November 22, 2021 issue covers twenty-seven commercial sales recorded across Baton Rouge the previous week, totaling $30.8M in disclosed volume. The headline deal: Honor Properties LLC, a local investor, paid $7M ($217/SF) for CK Office Park, a four-building office complex on six acres off Perkins Road near Highland Road. Retail led the week with seventeen of the twenty-seven sales,...

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Former Winn Dixie and Interline Office Complex Sold

The November 15, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $9.35M in disclosed volume. The headline deal: Interline Offices LLC, a Lake Charles investor, paid $2.6M ($65/SF) for four office buildings in Interline Office Plaza off I-12 between Airline Highway and Drusilla Lane. Retail led the week with five of the ten sales,...

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Conn’s on Airline and Florida Blvd Retail Center Sold

The November 8, 2021 issue covers fourteen commercial sales recorded across Baton Rouge the previous week, totaling $19.3M in disclosed volume. The headline deal: STNL Baton Rouge LLC, Cincinnati-based real estate investment firm STNL Development, paid $4.88M ($91/SF) for the Conn's HomePlus on Airline Highway south of Florida Boulevard. Retail led the week with four of the fourteen sales, including...

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New Starbucks on Burbank

The November 1, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $4.61M in disclosed volume. The headline deal: KPNC Properties LLC, a local storage unit developer, paid $1.45M ($9.50/Land SF) for 3.5 acres on Old Perkins Road East near Highland Road. Retail led the week with three of the seven sales, including a local...

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Former Perkins YMCA and Sherwood Office Building Sell

The October 25, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $5.07M in disclosed volume. The headline deal: Gulf Storage Group Central LLC, Natchez-based self-storage developer Gulf Storage Group, paid $1.6M ($9.25/Land SF) for nearly four acres on Sullivan Road in Central near the forthcoming Shoe Creek Development. Retail led the week with three...

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Downtown Office Building and Three Multi-Million Multifamily Sales

The October 18, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $35.1M in disclosed volume. The headline deal: CSAH Limited Partnership A Louisiana Partnership in Commendam, a California-based investor, paid $11.8M ($57,716/unit) for Canterbury Square apartments, a 204-unit complex on South River Road near the north gates of LSU. Multifamily, industrial and office each...

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