The November 28, 2022 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: AGP Investments LLC, a local investor, bought a former bank branch on Industriplex Boulevard. Land accounted for two of the four sales, including a commercially zoned tract near Prescott Road and Plank Road bought by The Baton Rouge Water Works Company,...
The November 28, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: YANG QI HOLDINGS LLC bought 8.94 acres of land on Howard Avenue next to the B.W. Cooper area. Land, retail and multifamily each accounted for two of the seven sales, including 3.26 acres zoned for general commercial across...
The November 21, 2022 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PLAZA PARK TARA LN LLC, a group of New York-based investors, bought an 80-unit apartment complex in the West Lake Forest area. Multifamily and industrial each accounted for three of the ten sales, including a three-building, 12-unit property...
The November 21, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Perkins Rowe Owner LLC, for New York multifamily investment firm Avid Realty Partners, bought the Terraces at Perkins Rowe, the 226-unit apartment complex at Perkins Rowe. Land and retail led with four sales each, as developer Brian Dantin bought commercially zoned...
DOWNLOAD FULL REPORT (PDF) Officially crossing $1 billion in total transaction volume for the second year in a row, the commercial market continues to set 8-year highs in number of transactions and dollar volume. So far in 2022 there have been 458 recorded sale transactions, an 11% increase over last year at this time. Among the property types tracked by this report, Multifamily...
The November 14, 2022 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SHORE CAPITAL REAL ESTATES PARTNERS HOLDCO LLC, a Chicago-based real estate company, bought a 9,665 SF retail property on David Drive in the Lelia Place area. Industrial led the week with seven of the fifteen sales, including a...
The November 14, 2022 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Perkins Plaza Development LLC, a business owned in part by local orthopedic surgeon Dr. Larry "Chip" Bankston, Jr., bought the Lake Surgery Center on Perkins Road, sold by OLOL. Office led the week with two of the five sales, while a...
The November 7, 2022 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 801 PATTERSON OWNER LLC, a local investment group, bought a 15-unit garden apartment property in the French Quarter near the historic French Market. Multifamily and office each accounted for three of the ten sales, including an eight-unit property...
The November 7, 2022 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: ALH Properties No Twenty Six LP, for Texas-based hotel development and management company American Liberty Hospitality, bought the Hampton Inn & Suites Baton Rouge off Reiger Road. Office and retail led with two sales each, as Virginia-based investors bought an Interline...
November 4, 2022- Baton Rouge, LA – George Bonvillain, Partner – Office Sales & Leasing, is pleased to announce the sale of the former Spanish Moon building in Downtown Baton Rouge. Local full-service design & branding firm TILT has purchased the property at 1109 Highland Road with plans to renovate the space into their new company headquarters. With their continued success...
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