The May 24, 2021 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $9.25M in disclosed volume. The headline deal: Akshardham LLC paid $3.54M ($45,337/unit) for the Microtel Inn & Suites, a 78-unit hotel at the corner of Howell Boulevard and Harding Boulevard. Industrial led the week with four of the eleven sales, including a two-building...
The May 17, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $12M in disclosed volume. The headline deal: WM Blanchard LLC, Alexandria-based D'Argent Companies, paid $5.6M ($114/SF) for Central Plaza, a strip center at the corner of Wax Road and Sullivan Road in Central. Retail led the week with six of the nine sales,...
The May 10, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $11.4M in disclosed volume. The headline deal: Exchangeright Net-Leased Portfolio 46 DST, California-based real estate investment firm ExchangeRight, paid $3.26M ($369/SF) for the Fresenius Kidney Care facility on O'Neal Lane north of I-12. Office led the week with six of the twelve sales,...
The May 3, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $4.6M in disclosed volume. The headline deal: JPMorgan Chase Bank, NA paid $2.48M ($825/SF) for its new Chase Bank location near the corner of Airline Highway and Highland Road. Multifamily led the week with two of the six sales, including a 24-unit apartment...
The April 26, 2021 issue covers three commercial sales recorded across Baton Rouge the previous week, totaling $1.62M in disclosed volume. The headline deal: Trade Properties LLC, a local investor, paid $1.1M ($30/SF) for a five-building retail property near the corner of Sullivan Road and Greenwell Springs Road in Central. The other two sales were a 10-unit mobile home property...
The April 19, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.79M in disclosed volume. The headline deal: 2544 Government Street Owner LLC, Hammond-based Aveda Salon partner Neill, paid $1.18M ($147/SF) for four commercial buildings and two residential properties on Government Street in Mid City. Industrial led the week with three of the seven...
The April 12, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $14.5M in disclosed volume. The headline deal: The Kronlage Family Limited Partnership, a Metairie-based investor, paid $7.29M ($94/SF) for the Sherwood South Shopping Center at the corner of South Sherwood Forest Boulevard and Old Hammond Highway. Office led the week with four of...
The April 5, 2021 issue covers fifteen commercial sales recorded across Baton Rouge the previous week, totaling $15.5M in disclosed volume. The headline deal: Engquist - River Properties LLC, a local developer, paid $5.68M ($101.51/Land SF) for vacant downtown lots at the corner of River Road and Main Street. Office led the week with five of the fifteen sales, while...
The March 29, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.6M in disclosed volume. The headline deal: 1900 Main St LLC, the owner of Moore Care Caregiver Services and local investors, paid $1.25M ($20/SF) for the Royal Furniture building on Main Street in Mid City. Land led the week with three of the...
The March 22, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.22M in disclosed volume. The headline deal: Zachary Farms LLC, a local developer, paid $1.53M ($0.33/Land SF) for 105 acres on Rollins Road in Zachary. Land led the week with three of the seven sales, including 2.76 acres on Interline Avenue bought by...
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