The May 2, 2022 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Abigail Associates LLC, a Brooklyn-based investor, bought the Popeyes on Airline Highway near Greenwell Street. Office led the week with five of the thirteen sales, including the Alpha Building on Goodwood Boulevard, bought by Pride Life Insurance, while Guerrilla Warfare Paintball...
The April 25, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Pony Down LLC, for Gulf Coast Occupational Medicine, bought 2.8 acres on Airline Highway next to the company's facility. Land led the week with five of the nine sales, including a commercially zoned 4.8-acre lot on O'Neal Lane that sold and...
DOWNLOAD FULL REPORT (PDF) Through Q1 2022, the commercial sales market in EBR Parish continues to transact above historical averages in number of sales (118) and dollar volume transacted ($219.6mm). Most sectors of the sales market have seen increases in activity. Multifamily continues to outpace the rest, accounting for 38% of the total volume transacted in Q1 2022 ($84.5mm). Multifamily and Retail are...
The April 18, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Spires of Sherwood Holdings, LLC, for New Jersey-based investment company Ark Mortgage, bought Spires of Sherwood, a 124-unit complex on Old Hammond Highway. Multifamily and retail led with six sales each, as Brooklyn-based investors bought the Cabana Garden, Monet Court, Cezanne...
The April 11, 2022 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: Baton Rouge Hotel Group LLC, for Mississippi-based investment firm The Thrash Group, bought the Holiday Inn Express at 400 North Boulevard in downtown Baton Rouge. Self-storage and office properties led the week with three sales each, as Brooklyn-based Merit Hill Capital...
The April 4, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Lovango Too LLC, a California-based investor, bought the new Exxon-Kangaroo Express on Jefferson Highway near the I-12 overpass. Industrial led the week with three of the eight sales, including Lewco Specialty Products' purchase of a lot of more than nine acres...
March 28, 2022 - Baton Rouge, LA – ELIFIN® is pleased to announce the elevation of three agents to the Partner level, one agent to Vice President, and the addition of four new commercial real estate agents to its team. George Bonvillain, Jr., Mark Segalla, and Will Chadwick have been elevated to Partner, and Keagan Finley has been promoted to Vice...
The March 28, 2022 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: FDL 8000 Summa LLC, FDL Health Investors, bought Sage Rehabilitation Hospital on Summa Avenue just off Essen Lane. Healthcare led the week with four of the twelve sales, all bought by Shreveport-based FDL Health Investors, which also purchased Capitol House Nursing...
DOWNLOAD FULL REPORT (PDF) As the Multifamily sector continues to see increased activity, the commercial market as a whole is up 29% in number of transactions and up 50% in total volume compared to 7-year averages. There have been a total of 73 commercial sales recorded so far in 2022, compared to 75 at this time in 2021. However, at...
DOWNLOAD FULL REPORT (PDF) After a record year for commercial sales in 2021, the first month of 2022 has already outpaced previous years’ January figures in total dollar volume transacted with $92.3mm – largely driven by the Multifamily sector. While the average price per unit in Multifamily for January 2022 is lower than 2020 and 2021, the dollar volume transacted...
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