12 Oct Commercial Sales Report – September 2022

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• The Commercial Sales market for East Baton Rouge Parish in 2022 remains the most active in 8 years with 424 transactions completed and $952.7mm in volume.
• With $462.6mm of volume year-to-date, the Multifamily sector has now surpassed its total dollar volume for all of 2021 ($436.6mm).
• Industrial property transaction volume is up 46.91% over last year at this time and the sector continues trading at an 8-year-high average price per SF of $69.56.
• The Retail sector is the most active with 95 sales so far in EBR Parish YTD, followed by Office with 90.
• Additionally, Retail is trading at an 8-year high price per SF of $284.95, $81.39 more than 2021’s average of $203.56.