The Pulse: Baton Rouge

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20 Jan The Pulse: Former Capital One Branch Sells for $1.1 Million

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5220 Government St Price: $1,100,000 ($266 / SF) Buyer: Midcity Marketplace, LLC Elifin's Notes : Developer Kevin Nguyen purchases the former Capital One bank branch property located on Government St. Mr. Nguyen will be redeveloping teh property for retail use. For leasing inquiries contact Mathew Laborde 225-659-8651. 10218 Sullivan...

13 Jan The Pulse: One of Last Vacant Lots in Industriplex Area Sold

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1916 Dallas Dr Price: $140,000 ($41 / SF) Buyer: The CEO Mind Foundation Elifin's Notes : Local non-profit, t he CEO Mind Foundation, purchases former site of Dugee's Lounge on the corner of Dallas Dr and Waco Ave. 10929, 10947 Ansley Ave Price: $366,000 ($61,000 / Unit) Buyer: Click Clack Investment...

06 Jan The Pulse: 55 Unit Apartment Complex Sold In Mid City

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8660 Airline Hwy Price: Price Withheld Buyer: MDC Coastal 12 LLC Elifin's Notes: Realty Income Corporation, a San Diego-based investment firm, purchases the PetSmart near the corner of Airline Hwy and Florida Blvd. 1464 Government St Price: Price Withheld Buyer: 1464 Government Street LLC Elifin's Notes: The owners of Wanderlust by Abby...

30 Dec The Pulse: Top 5 Commercial Real Estate Owner Mistakes of 2019

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11420 Bard Ave Price: $1,100,000 ($25,000 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: New Orleans investor, Max Perret, purchases Sherwood Shadow Condos, a 44-unit complex near the corner of Bard Ave and N Sherwood Forest Dr. 3126, 3150, 3152, 3154 Nicholson Dr Price: $480,000 ($40,000 / Unit) Buyer: Beaurayne...

23 Dec The Pulse: 2 Large Multifamily Sales + New Jones Creek Restaurant

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1860 Boulevard de Province Price: $4,567,500 ($21,959 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: The Sable Chase Apartments complex sells to Michigan-based Contour Companies, a firm that specializes in commercial and residential developments and multifamily revitalization. The 208 unit complex is located between Old Hammond Hwy...

16 Dec The Pulse: CJ Brown Sells Airline Office Building + East Baton Rouge Sewerage Commission Purchases Former All Star Nissan Location

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8031 Airline Hwy Price: $765,000 ($178 / SF) Buyer: Bancorpsouth Bank Elifin's Notes: Bancoprsouth Bank purchases former Capital One branch on the corner of Airline Hwy and Tom Dr. 1044 O'Neal Ln Price: $230,000 ($61 / SF) Buyer: Ode Investment Properties LLC Elifin's Notes: Zachary-based Pit Stop Auto Shop owner purchases O'Neal...

09 Dec The Pulse: New York Firm Purchases Downtown Office Building + Local Charter School Facility

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 339 Florida St Price: $6,850,000 ($131 / SF) Buyer: RM Mentorship Acad LA LLC Elifin's Notes: New York investment firm, Rosemawr Management, purchases downtown office building used by the Mentorship Academy. 314 West Dr Price: $352,000 ($35,200 / Unit) Buyer: HIV/AIDS Alliance for Region Two (HAART) Inc Elifin's Notes: HAART, Inc (HIV/AIDS...

02 Dec The Pulse: Former Hancock Whitney + Midsouth Bank Branches Sell

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6677 Siegen Ln Price: $2,255,000 ($884 / SF) Buyer: Bancorpsouth Bank Elifin's Notes: Bancorpsouth Bank purchases MidSouth Bank branch on the corner of Siegen Ln and Industriplex Blvd. 5379 Highland Rd Price: $500,000 ($208 / SF) Buyer: South Louisiana Bank Elifin's Notes: Former Hancock Whitney branch sells to Houma-based South Louisiana Bank...

25 Nov The Pulse: Sage Rehabilitation Hospital + Comfort Inn Sales

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10985 N Harrell's Ferry Rd Price: $1,035,000 ($47 / SF) Buyer: 10985 North Harrell's Ferry LLC Elifin's Notes: Maranatha Office Building sells to Mandeville based company, Snakeskin Property Management, LLC. 8108 Picardy Ave Price: $1,290,000 ($95 / SF) Buyer: Picardy Tres LLC Elifin's Notes: Cajun Industries CEO, Todd Grigsby, purchases medical office...

18 Nov The Pulse: Former Neese Industries Headquarters Sells

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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 622 Shadows Ln, Suite B Price: $250,000 ($139 / SF) Buyer: Jackson and Jolie LLC Elifin's Notes: Parker Orthodontics purchases office suite near Goodwood Blvd and Connell's Park Ln. 10646 Airline Hwy Price: $1,500,000 ($22 / SF) Buyer: ASH Brothers, LLC Elifin's Notes: Former Neese Industries headquarters sells in Gonzales, LA. 1974 Wooddale...