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 visitors and is conveniently...
The June 27, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Howell Village LLC, for Gulf Coast Housing Partnership Inc, bought a 47-acre vacant lot on 72nd Avenue near Plank Road and Airline Highway. Land and multifamily led with four sales each, as Brooklyn-based Skyward BR Equities LLC bought all four apartment...
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 North Baton Rouge had...
The June 20, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Commerce on Laurel LLC, the owners of Price Leblanc Automotive, bought the Commerce Building at 333 Laurel Street in downtown Baton Rouge. Retail led the week with three of the nine sales, including a convenience store and retail strip center at...
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...
The June 13, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: TDPFF Acquisitions LLC, for meal-solutions provider Focus Foods, bought a four-building industrial complex with cold storage, warehouse and office space on South Choctaw Drive. Industrial led the week with five of the nine sales, including a warehouse at Monterrey Boulevard and...
The June 6, 2022 issue covers eighteen commercial sales recorded across Baton Rouge the previous week. The headline deal: LA Sunset Investors LLC, a Brooklyn-based investor, bought the Palms at Sunset Lakes, a 144-unit apartment complex on McHugh Road in Zachary. Office led the week with seven of the eighteen sales, including two office suites on Didesse Drive bought by...
The May 30, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Larock Properties LLC, a Little Rock-based investor, bought the Christian Brothers Automotive on Airline Highway. Office led the week with five of the fourteen sales, including a building off Harding Boulevard leased by the Social Security Administration that Texas investors bought,...
The May 23, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: 3369 Vinton Partners LLC, a Los Angeles-based investor, bought the Sonic at 1000 Government Street in downtown Baton Rouge. Retail led the week with four of the nine sales, including downtown buildings at 600 and 602 Main Street that sold each...
DOWNLOAD FULL REPORT (PDF) With $82mm sold on record in April 2022, the total volume transacted so far in the commercial market crosses $300mm, consistently outpacing each of the previous 7 years. The Retail sector has been most active with 37 sales so far in EBR Parish in 2022, followed by Office with 32. Retail and Industrial are the...
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