News

Ochsner Purchases Former Runnel’s School Campus

The February 7, 2022 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Afton Oaks Zachary LLC bought two vacant lots on Bob Odom Drive in the Zachary Commercial Park subdivision near Walmart. Retail led the week with two of the six sales, including the Town Donuts owner's purchase of a former Chase Bank...

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Magnolia Trace and Copper Ridge Apartments Sold

The January 31, 2022 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: Copper Ridge Apts LLC, New York-based Rhodium Capital Advisors, bought the Copper Ridge Apartments, a 313-unit complex off Lobdell Boulevard. Industrial and office each accounted for three of the ten sales, while Rhodium Capital Advisors also bought the 246-unit Magnolia Trace...

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Manhattan Investors Purchase 374-Unit Portfolio In Tigerland

DOWNLOAD PDF OF PRESS RELEASE January 27, 2022- Baton Rouge, LA – Mark Segalla, Partner – Multifamily Sales, is pleased to announce the recent sale of two apartment complexes near LSU, Tiger Plaza (300 units) and Stadium Square (74 units). The sale of this 374-unit portfolio closed on January 19, 2022. The two complexes are located just south of LSU’s campus just...

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December Sales Report

The January 24, 2022 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Milstead Land Company LLC bought the Precision Firearms & Indoor Range property on Cloverland Avenue. Industrial led the week with two of the five sales, including a three-building industrial property off South Choctaw Drive that sold, while a Gonzales-based investor bought...

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Commercial Sales Report – December 2021

DOWNLOAD FULL REPORT (PDF) With a total of 536 recorded commercial sales in 2021, EBR Parish crossed the $1 Billion mark for total transaction volume for the first time on ELIFIN®’s record. Led by a significant increase in high-dollar multifamily, net leased, and medical sales, this represents an increased volume of 102% over 2020. All sectors closed 2021 trending above...

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CounterSpaceBR Opening Second Location at Coterie Exchange

DOWNLOAD PDF OF PRESS RELEASE January 10, 2022 - Baton Rouge, LA – Will Chadwick, Partner – Retail Sales & Leasing, is pleased to announce that CounterSpaceBR is set to open their second location at Coterie Exchange in Baton Rouge. Local entrepreneur and from-scratch baker, Sarah Joy Hays, launched CounterSpaceBR in 2017 and operates its current location on Perkins Road. “We are...

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Krispy Kreme Sold and 350 Acre Subdivision in Baker

The January 10, 2022 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: The Albert and Magdalena Lao Family Trust, Los Angeles-based investors, bought the former Salsbury Dodge dealership on Airline Highway. Retail and land each accounted for four of the thirteen sales, including Atlanta-based Truist Securities' purchase of the Baton Rouge Krispy Kreme...

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Retail Portfolio at LSU and Corporate Blvd Land Sale

The January 3, 2022 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Hackberry Rouge LLC, a Lake Charles-based buyer, bought the former Acme Brick location near the corner of Airline Highway and Baringer Foreman Road. Land led the week with five of the thirteen sales, including Mississippi-based Cadence Bank's purchase of a 1.93-acre...

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Apartment Sale and Developer Buys Land on Nicholson

The December 27, 2021 issue covers seventeen commercial sales recorded across Baton Rouge the previous week. The headline deal: Mansions on Perkins LLC, a local investor, bought Mansions in the Park, a 264-unit apartment complex on Perkins Road. Office led the week with seven of the seventeen sales, including the Louisiana Municipal Association's purchase of an office building on Perkins...

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OLOL Buys Lot At Rouzan – The High Grove Apartments Sold

The December 20, 2021 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Our Lady of the Lake Hospital Inc bought a lot at the Rouzan Development off Perkins Road. Land led the week with six of the thirteen sales, while New York-based Kushner Companies bought The High Grove apartments, a 192-unit complex near...

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