News

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4983 Bluebonnet Blvd Price: $757,000 ($216 / SF) Buyer: Team Smith Properties LLC Elifin's Notes: Local real estate agent purchases office building in the Magnolia Courts Office Park. 11919 Sunray Ave (Units C and D) Price: $100,000 ($37 / SF) Buyer: Rood's Real Estate LLC Elifin's Notes: Local investor purchases two office...

DOWNLOAD PDF OF PRESS RELEASE July 15th, 2021 - Baton Rouge, LA – Mark Segalla and the Elifin Realty Multifamily Division are proud to announce Signature One Apartments and Signature Two Apartments are now available for sale. Both complexes, located in Mid City North on Prescott Road and W Brookstown Dr, have recently been completely renovated and revitalized by the current owner...

DOWNLOAD FULL REPORT (PDF) Through June 2021, the commercial sales market continues to outpace the previous six years in total number of sales and dollar volume. There has been a total of 255 commercial property sales recorded so far in 2021, at a dollar volume of over $415 million. These numbers exceed the previous highs of 2018 and represent a...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 601, 603 Spanish Town Rd Price: $1,020,000 ($170,000 / Unit) Buyer: Dupree Apartment Holdings LLC Elifin's Notes: The Dupree Apartments located in the Spanish Town Historic District sell to a local investor for $170,000 per unit. 7423 Picardy Ave, Suite D Price: $135,000 ($135 / SF) Buyer: Kwame Buabeng Elifin's Notes: Medical...

DOWNLOAD PDF OF PRESS RELEASE July 7th, 2021 - Baton Rouge, LA – The Yard Milkshake Bar, operated by local franchisees Marc & Tracy Couvillion, has announced a grand opening date of Friday, July 9th at 12:00pm (noon) for their new location at Highland Park Marketplace in Baton Rouge. Located in Suite 408 at Highland Park Marketplace, The Yard Milkshake Bar is...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5252 S Sherwood Forest Blvd Price: $1,150,000 ($111 / SF) Buyer: Ruben Properties LLC Elifin's Notes: El Paso Mexican Grill owner purchases former Golden Coral space on S Sherwood Forest Blvd. 11713 Plank Rd Price: $162,500 ($45 / SF) Buyer: Emseter Faza Haifa Elifin's Notes: Former Sport's Connection site sells on the...

DOWNLOAD PDF OF PRESS RELEASE June 28th, 2021 - Baton Rouge, LA – Elifin Realty is pleased to announce the sale of 4917 Florida Blvd in Baton Rouge, LA for $750,000. Formerly the location of Gerry Lane Buick Pontiac GMC, the ±4.61-acre property sits just west of N Foster Drive and features over 450 feet of frontage along Florida Blvd. The central...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7777 Greenwell Springs Rd Price: $500,000 ($39/ / SF) Buyer: GGC Interests, LLC Elifin's Notes: The former Greco's Pet Supply store on Greenwell Springs Rd near the Airline Hwy intersection sells to local investor. 2313 S Acadian Thwy Price: $907,000 ($605 / SF) Buyer: Louisiana Workers' Compensation Corporation Elifin's Notes: The LWCC...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1804 N Harco Dr Price: $310,000 ($38,750 / Unit) Buyer: Oscar Vinson Elifin's Notes: Investor purchases two duplexes and a fourplex on N Harco Dr. 11420 Bard Ave Price: $2,950,000 ($67,045 / Unit) Buyer: Englade Investments LLC Elifin's Notes: A Hammond-based investor purchases Sherwood Shadow Condos, a 44-unit complex near the corner...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Wyoming St (Portfolio) Price: $1,100,000 ($30,556 / Unit) Buyer: Triple L Melendez Investments LLC Elifin's Notes: Local investor purchases two apartment complexes totaling 36 units just north of LSU's campus off Nicholson Dr. 17451 Jefferson Hwy, Suite D Price: $130,000 ($115 / SF) Buyer: Quebedeaux Property Management, LLC Elifin's Notes: Quebedeaux Engineering...

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