The September 26, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: LTL Royal Palms-Baton Rouge DST, for California-based multifamily investment and management firm LTL Investments, bought the Royal Palms apartments off Airline Highway near I-12. Office led the week with seven of the fourteen sales, including a medical facility on East Airport...
DOWNLOAD FULL REPORT (PDF) From the 7-year low of commercial sales activity in October 2020, East Baton Rouge Parish has seen a steady upward trajectory in number of sales and sales volume to the current all-time YTD highs of 372 transactions and $798.2 million transacted. The sales market is on pace to break the all-time record of dollar volume transacted and is...
The September 19, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: TV Eden Point LLC, California-based investors, bought Eden Point Apartments, a 186-unit complex on Old Hammond Highway. Multifamily and retail led with two sales each, including 62 units in the Colonial Terrace Condominiums on Wooddale Boulevard that sold and the former...
The September 19, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4041 MAGAZINE OWNER LLC bought a 1,632 SF restaurant space on a 0.19-acre lot on Magazine Street in the Uptown area. Retail led the week with four of the six sales, including the historic Avenue Pub in the...
The September 12, 2022 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: DK WFNO LLC, a New York-based group, bought the Whole Foods Market, 30,300 SF of retail space on 1.65 acres on Magazine Street near Audubon Park. The other three sales were multifamily, including 818 Bourbon Street, a three-story...
The September 12, 2022 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Louisiana Paradigm LLC, a local investor, bought the Republic Finance building on Commerce Circle in Towne Center in a lease-back agreement. Retail led the week with four of the eleven sales, including Raising Cane's purchase of its Siegen Lane restaurant, while...
September 6, 2022- Baton Rouge, LA – Keagan Finley, Vice President, is pleased to announce the sale of a 7.196-acre tract near the corner of Siegen Lane and Perkins Road. The seller in the transaction was the well-known local swim club, Crawfish Aquatics, and the buyer was a local developer who develops public charter schools for Building Hope, a national nonprofit...
The September 5, 2022 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LOVING SCHOOL FACILITY L L C, a non-profit, bought the Martin Behrman schoolhouse property, about 120,000 SF on a 1.9-acre lot on Opelousas Avenue in Algiers Point. Mixed-use and retail each accounted for two of the five sales,...
The September 5, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Acadian Place 2022 LLC, a Baltimore-based investor, bought the Acadian Place Apartments, a 120-unit complex on South Flannery Road near Goodwood Boulevard. Multifamily, office and industrial each accounted for two sales, while Colorado-based Flock Homes bought 18 fourplexes in the Gardere...
The August 29, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: VERSAI INVESTMENT GROUP LLC, a local investment group, bought a 13-unit, three-building gated apartment compound with a pool on Baronne Street in Central City. Multifamily led the week with three of the seven sales, while a Hamdan family...
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