The March 15, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $5.34M in disclosed volume. The headline deal: Shoe Creek Commercial LLC, a local developer, paid $1.83M ($7.66/Land SF) for two tracts in the Shoe Creek Development off Sullivan Road in Central. Land and retail each accounted for four of the ten sales, while...
The March 8, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $25.9M in disclosed volume. The headline deal: Amazon.com Services LLC paid $12.5M for the former Mervin's location and the center of the shuttered Cortana Mall, ahead of its forthcoming distribution center at the site. Retail led the week with nine of the twelve...
The March 1, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $38.6M in disclosed volume. The headline deal: Evergreen at Tuscany Villas LLC, a Florida-based investor, paid $34.5M ($75,000/unit) for the 460-unit Tuscany Villas Apartments off Siegen Lane near I-10. Land and industrial each accounted for three of the ten sales, including Walk On's...
The February 22, 2021 issue covers four commercial sales recorded across Baton Rouge the previous week, totaling $1.37M in disclosed volume. The headline deal: 2380 Oneal, LLC, a local investor, paid $1.15M ($95/SF) for an office building off O'Neal Lane just south of I-12. Office led the week with two of the four sales, while Bob Dean sold three connected...
The February 15, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.42M in disclosed volume. The headline deal: Benesh Properties LLC, a local investor, paid $1.2M ($205/SF) for a former auto dealership site off Airline Highway near I-12. Retail, office and land each accounted for two of the seven sales, including Regions Behavioral Hospital's...
The February 8, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $19.2M in disclosed volume. The headline deal: Edge 7389 Florida Blvd LLC, New York-based investment firm Glacier Global Partners, paid $8M ($25/SF) for the Bon Carre Business Center at the corner of Florida Boulevard and Lobdell Boulevard. Office led the week with five...
The February 1, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $7.84M in disclosed volume. The headline deal: Schilling Acquisitions LLC, Lafayette-based beverage distributor Schilling Distributing Company, paid $5.5M ($112/SF) for Timmon's Truck Center at the corner of O'Neal Lane and Old Hammond Highway. Industrial led the week with three of the nine sales,...
The January 25, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $5.81M in disclosed volume. The headline deal: Pelican Parkway LLC paid $3.15M ($2.01/Land SF) for PUD-zoned acreage at the corner of Burbank Drive and Pelican Lakes Parkway. Retail led the week with two of the six sales, including the historic McHugh House, which...
The January 18, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $6.07M in disclosed volume. The headline deal: POP-BR LLC, a California-based investor, paid $2.43M ($998/SF) for the Popeyes on Florida Boulevard near McGehee Drive. Retail led the week with five of the eight sales, including a Dollar General on Government Street bought by...
The January 11, 2021 issue covers twenty commercial sales recorded across Baton Rouge the previous week, totaling $19.7M in disclosed volume. The headline deal: 1919 Boulevard De Province 2020 LLC, Cedar Grove Capital, paid $8.8M ($56,774/unit) for the 155-unit Kingston Point Apartments at the corner of Boulevard de Province and North Harrell's Ferry Road. A local investor bought the 48-unit...
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