The Pulse: Baton Rouge

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

Posted at 08:57h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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:...

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

Posted at 08:37h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

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

Posted at 08:52h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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:...

10 Apr The Pulse BR: The Sterling apartments on Highland sell for 15mm

Posted at 09:28h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Two Weeks 4500 Burbank Dr Type: Multifamily Price: $21,750,000 ($113,281 / Unit) Buyer: HPI Oliver LLC Elifin's Notes: Hamilton Point Investments, a Connecticut-based real estate investment firm, purchases the Oliver Apartments, a 192 unit student housing apartment complex near LSU. 3135 Highland Rd Type: Multifamily Price: $15,000,000 ($153,061 / Unit) Buyer: Tailwind Baton Rouge...

03 Apr The Pulse BR: Proposed 20-acre mixed use development off Highland Rd

Posted at 10:18h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Upcoming Planning Commission Cases The Village at Magnolia Woods Submitted 3/3/23 by Matt Estopinal. Proposed rezone from Single Family Residential (A1) to Planned Unit Development (PUD) for a proposed mixed use development with low and medium density residential and commercial/office uses on property located on the north side of Highland...

27 Mar The Pulse BR: California Firm purchases Dollar General on S Flannery

Posted at 09:02h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 13796 Perkins Rd Type: Retail Price: $2,600,000 ($788 / SF) Buyer: Big Boss Perkins LLC Elifin's Notes: Perkins Rd Circle K sells to local investor. 3135 Nicholson Dr Type: Retail Price: $2,500,000 ($427 / SF) Buyer: Big Boss Nicholson LLC Elifin's Notes: Convenience store sells near the north gates of LSU. 135 S Flannery Rd Type:...

20 Mar The Pulse BR: Sherwood Pointe shopping center sells

Posted at 09:23h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7323 Tom Dr Type: Industrial Price: $2,610,000 ($75 / SF) Buyer: JM Test RE Acquisition LLC Elifin's Notes: Kanbrick, a Chicago-based business investment firm, purchase JM Test Systems' facility on Tom Dr as part of their purchase of the company. 6120 Perkins Rd Type: Office Price: $2,000,000 ($147 / SF) Buyer: Glo Resources...

13 Mar The Pulse BR: Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:39h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Business Report names ELIFIN® Company of The Year Commercial Sales Recorded Last Week 13533 Hooper Rd Type: Retail Price: $975,000 ($20 / SF) Buyer: FIDC 131 LLC Elifin's Notes: Former Lancaster House location in Central sells to Ohio-based Cocca Development. 15100 Market St Type: Retail Price: $590,000 ($94 / SF) Buyer: KKD Holdings LTD LLC Elifin's Notes: Clint's Garage owner...

06 Mar The Pulse BR: Lane Regional purchases pharmacy on Main St

Posted at 09:25h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6920 Bluebonnet Blvd Type: Retail Price: $1,625,000 ($398 / SF) Buyer: Fidelity Bank Elifin's Notes: Fidelity Bank purchases former Capital One branch on Bluebonnet Blvd across from the Mall of Louisiana. 6400 Main St Type: Retail Price: $975,000 ($139 / SF) Buyer: Lane Regional Medical Center Elifin's Notes: Lane Regional Medical Center purchases pharmacy...

27 Feb The Pulse BR: Beyer Printing’s office in Mid City sells

Posted at 08:33h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8425 Cumberland Pl Type: Office Price: $1,600,000 ($152 / SF) Buyer: AIDS Healthcare Foundation Elifin's Notes: AIDS Healthcare Foundation, a Los Angeles-based nonprofit, purchase medical office just off Goodwood Blvd. 8058 One Calais Ave Type: Land Price: $950,000 ($22.07 / Land SF) Buyer: Bruhati LLC Elifin's Notes: Lafayette-based real estate agent purchases two commercially...