News

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8453 Picardy Ave Type: Multifamily Price: $45,725,000 ($295,000 / Unit) Buyer: RK Dawson Park DST Elifin's Notes: Dawson Park Apartments, a four story 155 unit complex in the health district of Baton Rouge, sells to RK Properties, a California-based multifamily investment company.. 270 Main St Type: Retail Price: $3,361,908 ($1,457 / SF) Buyer:...

DOWNLOAD PDF OF PRESS RELEASE June 28, 2022 - Baton Rouge, LA – Currently under construction, Conway Village Center is scheduled to open later in 2022 and will feature several retail suites for businesses seeking proximity to the 344-acre, master-planned community Conway. Situated at the entrance to Conway and fronting Highway 44, this community retail center will create a welcoming atmosphere for...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1616 North Harco Drive Price: Withheld Buyer: Skyward BR Equities LLC Elifin's Notes: A Brooklyn-based investment group purchases the Oak Village Apartments, a 98 unit complex near BRCC. Price withheld. 1737 La Annie Drive Price: Withheld Buyer: Skyward BR Equities LLC Elifin's Notes: Brooklyn-based investment group purchase Olive Square Apartments, a 96...

DOWNLOAD PDF OF PRESS RELEASE June 21, 2022- Baton Rouge, LA – Since 2013, developer Vedant Vasanji has completed work in numerous sectors of real estate including multifamily housing and property management. In January 2018, Vasanji was drawn to the Baton Rouge market after seeing the Greenside Ridge Apartments as a potential opportunity. The 60-unit apartment complex on Prescott Road in...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 644 Monet Drive Price: $1,100,000 ($45,833 / Unit) Buyer: 644 Monet Investments LLC Elifin's Notes: Monet Place, a 24 unit apartment complex, sells to a Texas-based investor. 10235 Jefferson Hwy, Building 6, Suites B, C Price: $993,303 ($267 / SF) Buyer: B & E Metro LLC Elifin's Notes: Weiler Plastic Surgery purchases...

DOWNLOAD FULL REPORT (PDF) The Commercial Sales market is continuing to see record year-to-date numbers in 2022 for both total number of sale transactions and total dollar volume transacted – 220 and $454.4mm respectively. After a record year for Multifamily sales in 2021, the total dollar volume year-to-date in 2022 is more than double last year’s figure – $215.8mm vs. $101.9mm. All sectors...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5505 Highland Rd Price: $853,888 ($474 / SF) Buyer: Bank of St Francisville Elifin's Notes: The Bank of St. Francisville purchases former Investar Bank location on Highland Rd. 11330 Coursey Blvd Price: $1,320,000 ($367 / SF) Buyer: Neil's Quick Stop LLC Elifin's Notes: Convenience store sells on the corner of Coursey Blvd...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5744 S Sherwood Forest Blvd Price: $475,000 ($264 / SF) Buyer: LSW RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change and Car Care on S Sherwood Forest Blvd sells to local investor. 3311 Drusilla Lane Price: $545,000 ($303 / SF) Buyer: CHK RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14455 Airline Hwy Price: $4,320,000 ($800 / SF) Buyer: Larock Properties LLC Elifin's Notes: Little Rock-based investor purchases Christian Brother's Automotive on Airline Hwy near Baringer-Foreman Rd. 1939 S Sherwood Forest Blvd Price: $475,000 ($84 / SF) Buyer: 61 Coronado Ave LLC Elifin's Notes: Former State Bank & Trust Company branch sells...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1000 Government St Price: $2,600,000 ($1,182 / SF) Buyer: 3369 Vinton Partners LLC Elifin's Notes: Los Angeles-based investor purchases Sonic in downtown Baton Rouge. 602 Main St Price: $262,500 ($73 / SF) Buyer: 602 Main Street LLC Elifin's Notes: Local attorney purchases downtown building on the corner of Main St and 6th...

Get the latest commercial sales, upcoming Planning Commission Cases, and recently issued commercial building permits to your inbox every Monday morning.