08 Mar The Pulse: Cortana Mall Sold

Posted at 07:39h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

9123 Cortana Pl
Price: $12,500,000
Buyer: Amazon.com Services LLC
Elifin’s Notes: Amazon purchases former Mervin’s location and the center of the shuttered Cortana Mall in preparation for the online retailer’s forth coming distribution center.
9501 Cortana Pl
Price: $4,750,000
Buyer: Amazon.com Services LLC
Elifin’s Notes: Amazon purchases former Virginia College property at Cortana Mall in preparation for the online retailer’s forth coming distribution center at the site.
9701 Cortana Pl
Price: Withheld
Buyer: Amazon.com Services LLC
Elifin’s Notes: Amazon purchases Dillard’s at Cortana Mall in preparation for the online retailer’s forth coming distribution center at the site. Price withheld.
9001 Cortana Pl
Price: Withheld
Buyer: Amazon.com Services LLC
Elifin’s Notes: Amazon purchases former Sears location at Cortana Mall in preparation for the online retailer’s forth coming distribution center at the site. Price withheld
9301 Cortana Pl
Price: Withheld
Buyer: Amazon.com Services LLC
Elifin’s Notes: Amazon purchases former Macy’s at Cortana Mall in preparation for the online retailer’s forth coming distribution center at the site. Price withheld.
9801 Cortana Pl
Price: Withheld
Buyer: Amazon.com Services LLC
Elifin’s Notes: Amazon purchases former JCPenney at Cortana Mall in preparation for the online retailer’s forth coming distribution center at the site.
6919 Corporate Blvd
Price: $2,975,000 ($610 / SF)
Buyer: First National Bank
Elifin’s Notes: First National Bank purchases former MidSouth Bank Branch at Corporate Blvd and Commerce Circle.
1930 O’Neal Lane
Price: $2,675,434 ($1,115 / SF)
Buyer: LA CB Holdings LLC
Elifin’s Notes: Local investor purchases Popeyes near the Oneal Lane and I-12 intersection.
1357 Florida St
Price: $150,000 ($91 / SF)
Buyer: Mustafa Ibrahim
Elifin’s Notes: Food mart owners purchase their store on the corner of Florida St and 14th St.
5750 Florida Blvd
Price: $1,700,000 ($26,563 / Unit)
Buyer: Darren T Price and Chrystal Lecompte Price
Elifin’s Notes: Local investor purchases the River Pines Apartments, a 64-unit complex near Baton Rouge Community College.

No Office Sales in EBR Parish Last Week

Land Sales

9390 Old Hammond Hwy
Price: Withheld
Buyer: 2023 Williams Property LLC
Elifin’s Notes: ommercially zoned land sells on the corner of Old Hammond Hwy and Drusilla Lane. Price withheld.

Portfolio Sales

4276 Florida St
Price: $1,100,000 ($84,615 / Unit)
Buyer: B&E Investment Properties LLC
Elifin’s Notes: Zachary-based investor purchases 13 units dispersed among 7 buildings on Florida St just off of Main St in Zachary.

 

 

 

Upcoming Planning Commission Cases

Proposed McDonald’s at Burbank and Arlington Marketplace
  • Submitted on 3/4/2021 by Margaret Grissom. New location proposed for McDonald’s at the corner of Burbank Dr and Arlington Creek Centre Dr, near W Lee Dr. Located adjacent to the Arlington Marketplace development.
  • Application – View on Map
Historic Landmark Designation – Old Governor’s Mansion
  • Submitted on 12/3/2020 by Fairleigh Jackson / Preserve Louisiana. Old Governor’s Mansion. Built in 1929 under the governorship of Huey P. Long as the primary residence of the Governor of Louisiana. Building was added to the National Register of Historic Places in 1975.
  • Application – Staff Report – View on Map
Historic Landmark Designation – New Ark Baptist Church
  • Submitted on 12/3/2020 by Fairleigh Jackson / Preserve Louisiana. New Ark Baptist Church. Originally constructed in 1909 as a wooden church building. Remodeled in 1943 in gothic style.
  • Application – Staff Report – View on Map
Historic Landmark Designation – Immaculate Conception Catholic Church
  • Submitted on 12/3/2020 by Fairleigh Jackson / Preserve Louisiana. Immaculate Conception Church. Originally constructed in 1953 as Scotlandville’s first Catholic Church.
  • Application – Staff Report – View on Map

Commercial Permits Issued Last Week

03/05/2021 // 7656 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing Administrative Office for continued Business Use.
  • Owner: Dale Mathews
03/05/2021 // 10156 PERKINS ROWE BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Clothing Retail Space
  • Owner: N/A
03/05/2021 // 7435 TOWN SOUTH AVE BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Landscape company office occupancy
  • Owner: ERIC SMITH
03/05/2021 // 7520 PERKINS RD BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Minor interior renovation to convert one office into kitchen/break room in Suite 280
  • Owner: Fangting Liang
03/05/2021 // 2919 PERKINS RD BATON ROUGE LA 70808
  • Type: Demolition
  • Description: Demolition of the old Rama Restaurant Building and Associated Storage Shed
  • Owner: N/A
03/05/2021 // 11934 CLOVERLAND CT BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Clerical Office Space, Store Safety Service Equipment
  • Owner: N/A
03/05/2021 // 6251 STE B PERKINS RD BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Renovation of exiting tenant space to create beauty salon of 960 s.f. Business Use.
  • Owner: Katie Loverto
03/05/2021 // 1800 BLDG 5 CITY FARM DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Financial Office
  • Owner: Debbie DeJean
03/05/2021 // 3266 DRUSILLA LN BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Office use
  • Owner: Lee Wimberly
03/04/2021 // 3915 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: office building and warehouse
  • Owner: C. Dwayne Ebey
03/04/2021 // 890 SCENIC HWY BATON ROUGE LA 70802
  • Type: Commercial: Remodel
  • Description: Change of occupancy from car wash to convenience store of 1,800 s.f. No electrical, mechanical or plumbing work per scope.
  • Owner: Terrell Kinchen
03/04/2021 // 7434 PERKINS RD BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: (EXPEDITED)This is a Physical Therapy Office that we are going to add a Staff Only Restroom in the existing space.
  • Owner: J Brian Oliver
03/04/2021 // 223 STE D FERNWOOD DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Personal Beauty Services
  • Owner: N/A
03/04/2021 // 1079 N DONMOOR AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New tenant/business in existing convenience store building.
  • Owner: Rickey Thigpen
03/04/2021 // 3851 STE 5 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Commercial: Remodel
  • Description: Renovation of existing suites (5, 7, and 9) into salon of 2600 s.f.
  • Owner: Cuong Nguyen
03/04/2021 // 5251 STE O NICHOLSON DR BATON ROUGE LA 70820
  • Type: Occupancy
  • Description: Microblading and Eyelash Bar. No EMP work being done.
  • Owner: Debra Perkins
03/04/2021 // 9401 CORTANA PL BATON ROUGE LA 70815
  • Type: Demolition
  • Description: Demolition of buildings comprising the main body of the former Cortana Mall
  • Owner: N/A
03/04/2021 // 2387 N AIRWAY DR BATON ROUGE LA 70815
  • Type: Commercial: New
  • Description: Wash rack to be utilized to wash company’s own equipment.
  • Owner: John Mears
03/03/2021 // 2156 WOODDALE BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Childcare facility – daycare.
  • Owner: David Griffin
03/03/2021 // 8146 ONE CALAIS AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office space. Medical clinic/lab office.
  • Owner: Otey White
03/03/2021 // 4412 WINBOURNE AVE BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: New owner of existing grocery store.
  • Owner: ABUBAKR ALI
03/03/2021 // 216 STE B LEE DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Nutrition Store
  • Owner: N/A
03/03/2021 // 8146 ONE CALAIS AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office space. Medical clinic/lab office.
  • Owner: Otey White
03/03/2021 // 10234 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Barber Shop – no new plumbing/shampoo bowls.
  • Owner: Byron Ezeff
03/03/2021 // 1555 SCENIC HWY BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Bar lounge/restaurant serving beer & liquor. Non-conforming.
  • Owner: Latisha Breaux
03/03/2021 // 10601 CHERRY HILL AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant in existing office/warehouse. Office and warehouse storage for tree service company.
  • Owner: N/A
03/03/2021 // 10545 AIRLINE HWY BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant in existing mercantile space. Sales of liquidation products such as clothes, shoes, & kitchen supplies.
  • Owner: Aysar Mohammad
03/02/2021 // 8325 KELWOOD AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Personal office.
  • Owner: Bruce MacMorran
03/02/2021 // 9450 STE A AIRLINE HWY BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Retail sale of home appliances.
  • Owner: Alberto Ayon
03/02/2021 // 5637 STE B5 SUPERIOR DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant in existing office space. Office for security company.
  • Owner: Lameika Washington
03/02/2021 // 7520 PERKINS RD BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Clean and show for office space.
  • Owner: Fangting Liang
03/02/2021 // 5830 STE A10 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Retail store
  • Owner: N/A
03/02/2021 // 2136 LOBDELL BLVD BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: Fire Damage Renovation to apartment unit 1906. Scope of work includes replacing all doors, sheetrock and insulation at exterior walls. Replacing electrical wiring and plumbing fixtures.
  • Owner: David Treppendahl
03/02/2021 // 7046 AIRLINE HWY BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Existing Donut Shop
  • Owner: N/A
03/02/2021 // 9450 STE B AIRLINE HWY BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Retail sale of home appliances.
  • Owner: Alberto Ayon
03/02/2021 // 10500 STE E GREENWELL SPRINGS RD BATON ROUGE LA 70814
  • Type: Commercial: Remodel
  • Description: Installing new paint booths inside of building need to do electrical upgrade.
  • Owner: Joel Miller
03/02/2021 // 9450 STE C AIRLINE HWY BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Retail sale of home appliances.
  • Owner: Alberto Ayon
03/02/2021 // 4517 GUS YOUNG AVE BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: New tenant in existing restaurant space to boil seafood.
  • Owner: Kristy Brown
03/02/2021 // 5151 STE 200 PLANK RD BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: New owner and name of existing phone/electronics store.
  • Owner: Christi Porter
03/02/2021 // 7656 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Salon/waxing. No EMP work.
  • Owner: Dale Matthews
03/02/2021 // 3838 STE C VICTORIA DR Baton rouge LA 70812
  • Type: Occupancy
  • Description: Automotive body shop
  • Owner: Nathan Hampton
03/01/2021 // 4545 SHERWOOD COMMON BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant in existing office/warehouse. Office space and storage for pest control company.
  • Owner: Buckhead Business Center
03/01/2021 // 3021 NORTH BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: House meter/electrical only – security lights. New owner of existing apartment complex.
  • Owner: George Gustafson
03/01/2021 // 2726 CONTINENTAL DR BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Termite damage discovered around window in office Building
  • Owner: Thomas Kiebach
03/01/2021 // 1221 STE 1 GARDERE LN BATON ROUGE LA 70820
  • Type: Occupancy
  • Description: Store selling men’s and women’s clothing, accessories, jewelry, party dresses.
  • Owner: MARIA FLORES
03/01/2021 // 12045 COURSEY BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant/business in existing dental office.
  • Owner: steven tran
03/01/2021 // 12045 COURSEY BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant/business in existing dental office space.
  • Owner: steven tran
03/01/2021 // 8330 SCENIC HWY BATON ROUGE LA 70807
  • Type: Occupancy
  • Description: Clean and show for restaurant space.
  • Owner: Russell Jones
03/01/2021 // 116 LOBDELL AVE BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: Remodel existing 2,997 s.f. bldg. and change of use from portrait studio to Daycare (E). Enclosing front porch area of 162 s.f. Addition of 1,020 s.f. open air canopy at the rear of building to total 4,179 s.f. Removing tub from bathroom to create ADA accessible restroom, lowering sink and counter-top in break-room to 34 a.f.f., adding washer/dryer/sink. Adding exit doors to each classroom. Site work includes new landscaping, playground and parking areas.
  • Owner: Iris Nettles
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