A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8100 Perkins Rd Price: $600,000 ($57 / SF) Buyer: CTL Holdings LLC Elifin's Notes : AAA Rent-All owner purchases former convenient store location off Perkins Rd south of the Essen Lane intersection. Building #1 is 2,240 SF - Previously occupied by a Gas Station / Convenience Store. Building #2 is...
DOWNLOAD PDF May 20th, 2020 - Baton Rouge, LA – Will Chadwick, Retail Specialist, has announced the closing of a lease at 8210 Jefferson Hwy Suite B that will bring a new business to the Baton Rouge market. Will Chadwick served as the Tenant Rep for his client NEIGHBORHOOD barre Baton Rouge in this lease. NEIGHBORHOOD barre is a national boutique barre...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2919 Perkins Rd Price: $435,000 ($248 / SF) Buyer: Mars-Cole LLC Elifin's Notes: DiGiulio Brothers owners purchase neighboring restaurant space used by Rama Thai Cuisine near the Perkins Rd Overpass. 9625 Airline Hwy Price: $625,000 ($159 / SF) Buyer: Mohammad Alowda Elifin's Notes: Advanced Car Care facility sells off Airline Hwy near...
DOWNLOAD FULL REPORT (PDF) As we began 2020, commercial sales were tracking on pace with the historical average. Due to the impact of COVID-19 and the Governor’s (stay-at-home) order during the latter part of March and entirety of April, millions of dollars in sale transactions were put on pause. Due diligence timeframes were extended and closing dates were pushed back while...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5871 S Sherwood Forest Blvd Price: $1,950,000 ($88 / SF) Buyer: Parkview Baptist Church Foundation Elifin's Notes: Parkview Baptist Church purchases Laser Tag of Baton Rouge facility. 508 S Foster Dr Price: $1,760,000 Buyer: Farhad Soleimani Elifin's Notes: Two California-based investors purchase Jack-in-the-Box on the corner of Government St and S Foster...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3433 Government St Price: $1,450,000 ($100 / SF) Buyer: Avery DG Tec LLC Elifin's Notes: Dorsey Development purchases Family Dollar on the corner of Government St and S Acadian Thwy. 7725 Airline Hwy Price: Withheld Buyer: JJJ STNL1 LLC Elifin's Notes: California investor purchases Jack-In-The-Box on the corner of Airline Hwy and...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 759 Laurel St Price: $490,985 ($55.00 / Land SF) Buyer: LA Capitol Federal Credit Union Elifin's Notes : LA Capitol Federal Credit Union purchases vacant lot neighboring their downtown Baton Rouge location. Upcoming Planning Commission Cases Pet Drive to Bascom Way Submitted 3/13/20 by Andrew McCandless. Proposed street name change...
George Bonvillain, Office Specialist at Elifin Realty, shares a few thoughts on how the COVID pandemic might effect how offices designed and used in the future....
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Fuller Place Portfolio Price: $1,300,000 ($72,222 / Unit) Buyer: First of Many LLC Elifin's Notes : Local investor purchases 18 units in a fractured condominium of 70 homes constructed as 35 duplexes in the Live Oak Circle Condominiums subdivision off South Park Dr. 102, 112, 122 Henry Adams Rd Price:...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8133 Plank Rd Price: Withheld Buyer: LGP Realty Holdings LP Elifin's Notes : CrossAmerica Partners purchase Shell branded convenience store on the corner of Plank Rd and Harding Blvd from Circle K. Price withheld. 646 N Foster Dr Price: $243,500 ($42 / SF) Buyer: Victory Properties LLC Elifin's Notes : Office building...
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