The Pulse: Baton Rouge

The Pulse BR: Religious facility in Mid City Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3134 Hundred Oaks Ave Type: Specialty Price: $2,400,000 ($109.09 / SF) Buyer: Brothers of the Sacred Heart of New Orleans Inc Elifin's Notes: The Brothers of the Sacred Heart purchases religious facility just off of S Acadian Thwy. 3617 S Sherwood Forest Blvd Type: Retail Price: $625,000 ($161.25 / SF) Buyer: SS Brothers...

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The Pulse BR: TJ Ribs on Siegen sells for 2.5mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6330 Siegen Lane Type: Retail Price: $2,500,000 ($353.01 / SF) Buyer: SDP LA Baton Rouge 1 LLC Elifin's Notes: TJ Ribs sells its Siegen Lane location to Streamline Development Partners, an Oxford-based retail investment firm. 13435 Hooper Rd Type: Retail Price: $924,000 ($367.40 / SF) Buyer: Harlakh LLC Elifin's Notes: Local investor purchases former...

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The Pulse BR: Settlement at Shoe Creek tract sells for 1.75mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract A Sullivan Rd Type: Land Price: $1,750,000 ($158.33 / Land SF) Buyer: Central/Won LLC Elifin's Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor. 751 W Lee Dr Type: Land Price: $1,012,000 ($20.03 / Land SF) Buyer: Benny's Lee LLC Elifin's Notes: Benny's Carwash purchases vacant...

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The Pulse BR: Range USA off Millerville sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 13505 Millerville Greens Blvd Type: Retail Price: $4,610,628 ($317.97 / SF) Buyer: Miller Hunt LLC Elifin's Notes: Range USA, a gun shop and gun range off Millerville, sells to an Illinois-based buyer. 12222 Florida Blvd Type: Retail Price: $1,076,821 ($147.51 / SF) Buyer: Agree Stores LLC Elifin's Notes: Advanced Auto...

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The Pulse BR: Villas at Riverbend sells for 23.7mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5689 River Road Type: Multifamily Price: $23,750,000 ($77,110 / Unit) Buyer: Riverbend Owners LLC Elifin's Notes: Ashland Capital, an Illinois-based real estate investment firm, purchase the Villas at Riverbend, a 308 unit student housing complex near LSU. 9105 Park Bluff Dr Type: Land Price: $6,000,000 ($7.65 / Land SF) Buyer: Penske Truck Leasing...

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The Pulse BR: Exxon branded gas station in Mid City sells

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1334 Florida St Type: Retail Price: $1,370,000 ($263.46 / SF) Buyer: RC 1334 Florida Blvd LLC Elifin's Notes: Georgia-based investor purchases an Exxon branded gas station in Mid-City. 5015 Bluebonnet Blvd Type: Office Price: $1,320,000 ($322.11 / SF) Buyer: J.B. Levert Land Company, LLC Elifin's Notes: Investor purchases medical office on Bluebonnet Blvd. 6860 Exchequer...

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The Pulse BR: The Shiloh Apartments off of Florida sell

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5677 Florida Blvd Type: Retail Price: $740,000 ($74 / SF) Buyer: Cash America Inc of Louisiana Elifin's Notes: Texas-based Cash America Inc purchase their location on Florida Blvd near N Ardenwood Dr. 6869 Rembrandt Avenue Type: Multifamily Price: $700,000 ($50,000 / Unit) Buyer: SB Estates LA LLC Elifin's Notes: The Shiloh apartment complex, a...

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The Pulse BR: Bogie’s Building Sells for over 1 million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9029 Jefferson Hwy Type: Office Price: $3,400,000 ($242.86 / SF) Buyer: Cardinal Hill Real Estate LLC Elifin's Notes: Assurance Financial purchases their office on the 1st floor of The Cardinal Hill office building on Jefferson Hwy. 705 E Boyd Dr Type: Retail Price: $1,050,000 ($250 / SF) Buyer: MCL Management Group LLC Elifin's Notes:...

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The Pulse BR: 57 Room Siegen Inn sells for 3.85mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10707 Honore Lane Type: Hospitality Price: $3,850,000 ($67,544 / Unit) Buyer: Ishwar Krupa 2023 LLC Elifin's Notes: Siegen Inn, a 57 room hotel off Siegen Lane, sells to Denham Springs buyer. 5151 S Sherwood Forest Blvd Type: Retail Price: $1,700,000 ($79.07 / SF) Buyer: La-Z-Boy Incorporated Elifin's Notes: La-Z-Boy Inc purchases the local franchise...

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The Pulse BR: 30 Acres along Nicholson Dr sell for 9.5mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 30 Acres Nicholson Dr Type: Land Price: $9,500,000 ($7.27 / Land SF) Buyer: Baton Rouge Acquisitions LLC Elifin's Notes: Commercial Properties Realty Trust purchases approximately 30 acres on Nicholson Dr between downtown and LSU from Goldman Sachs. 12046 Cloverland Ct Type: Industrial Price: $545,000 ($91.77 / SF) Buyer: Mimosa by ME LLC Elifin's Notes:...

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