The Pulse: Baton Rouge

10 Oct Long Farm Apartments Sold, Proposed Major Commercial Subdivision

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The October 11, 2021 issue covers twenty-seven commercial sales recorded across Baton Rouge the previous week, totaling $126.7M in disclosed volume. The headline deal: Passco Long Farm DST, a California-based company, paid $61M ($221,136/unit) for the Tapestry Long Farm apartments, a 12-building, 276-unit complex off Antioch Road. Industrial led the week with seven of the twenty-seven sales, while California-based investors...

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04 Oct Proposed Multifamily Development at Wooddale Tower

Posted at 06:28h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The October 4, 2021 issue covers sixty-three commercial permits issued in Baton Rouge the previous week and one Planning Commission case. The case proposed a high-density multi-family residential development at Wooddale Tower, west of Wooddale Boulevard and north of Exchange Place, including renovation of the existing 12-story office building into 150 apartments. Among the permits were a house meter for...

26 Sep Land at College and Corporate Sells

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The September 27, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $6.48M in disclosed volume. The headline deal: CM6-Ground (Multi) LLC, a New York-based company, paid $2.03M for the Courtyard Marriott off South Acadian Thruway at I-10. Land led the week with five of the twelve sales, including a convenience store owner's $1.25M purchase...

20 Sep Casino Building Permit

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The September 20, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $3.16M in disclosed volume. The headline deal: The Physicians Alliance Corporation paid $730K ($157/SF) for an office suite in the Jefferson Commons Office Park on Jefferson Highway. Land led the week with five of the twelve sales, including a 47-acre tract in Zachary...

13 Sep Windsor Court Plaza and Millerville Greens Parcel Sold

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The September 13, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $6.44M in disclosed volume. The headline deal: ASAP Transportation LLC paid $1.78M ($66/SF) for 22 office/warehouse units at 11616 Industriplex Condominiums on Industriplex Boulevard. Office led the week with three of the nine sales, including Chicago-based Curis Healthcare's $1.34M purchase of Windsor Court...

06 Sep Commercial rezoning proposed at Burbank Drive and GSRI Avenue

Posted at 12:00h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The September 6, 2021 issue covers twenty-two commercial permits issued in Baton Rouge the previous week and two Planning Commission cases. The cases were proposed rezonings for commercial development on ±0.709 acres at the southeast corner of Burbank Drive and GSRI Avenue, from Rural to Light Commercial One (LC1), and for a restaurant/bar on a ±0.174-acre property on Perkins Road...

29 Aug Bluebonnet Parc Sold, Cocha Owners Purchase Location

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The August 30, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $19.5M in disclosed volume. The headline deal: BBP Partners LLC, a Kentucky-based buyer, paid $17.2M ($127/SF) for Bluebonnet Parc, the Best Buy-anchored shopping center on Bluebonnet Boulevard next to the Mall of Louisiana. Office led the week with three of the six sales,...

23 Aug Rouzan Commercial Lot Sold, New Proshop at University Club

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The August 23, 2021 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $9.87M in disclosed volume. The headline deal: PRC Baton Rouge LLC, Washington DC-based investors, paid $2.45M ($64/SF) for the former Salsbury Dodge dealership on Airline Highway. Office led the week with five of the thirteen sales, while Concordia Bank & Trust Company paid...

16 Aug Cortana Mall Flyover Video, Government Street Sale

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The August 16, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $4.25M in disclosed volume. The headline deal: Hebert Real Estate Properties LLC paid $1.95M ($43/SF) for the Sunbelt Rentals building on Wooddale Boulevard. Retail led the week with four of the six sales, including an Exxon-branded gas station in Mid City bought by...

08 Aug Amazon Construction Permits, Resthaven Property Sold

Posted at 21:22h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The August 9, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $4.69M in disclosed volume. The headline deal: Legacy Panhandle Holdings LLC, Houston-based funeral home and crematory operator Legacy Funeral Group, paid $2.89M ($223/SF) for the Resthaven Funeral home on Jefferson Highway just east of Airline Highway. Office led the week with four of...