News

Windsor Court Plaza and Millerville Greens Parcel Sold

The September 13, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: ASAP Transportation LLC bought 22 office/warehouse units at 11616 Industriplex Condominiums on Industriplex Boulevard. Office led the week with three of the nine sales, including Chicago-based Curis Healthcare's purchase of Windsor Court Office Plaza near Airline Highway and Greenwell Springs Road,...

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Commercial rezoning proposed at Burbank Drive and GSRI Avenue

The September 6, 2021 issue covers twenty-two commercial permits issued in Baton Rouge the previous week and two Planning Commission cases. The cases were proposed rezonings for commercial development on ±0.709 acres at the southeast corner of Burbank Drive and GSRI Avenue, from Rural to Light Commercial One (LC1), and for a restaurant/bar on a ±0.174-acre property on Perkins Road...

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Bluebonnet Parc Sold, Cocha Owners Purchase Location

The August 30, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: BBP Partners LLC, a Kentucky-based buyer, bought Bluebonnet Parc, the Best Buy-anchored shopping center on Bluebonnet Boulevard next to the Mall of Louisiana. Office led the week with three of the six sales, including Stokes Psychological Services' purchase of its Government...

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Rouzan Commercial Lot Sold, New Proshop at University Club

The August 23, 2021 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: PRC Baton Rouge LLC, Washington DC-based investors, bought the former Salsbury Dodge dealership on Airline Highway. Office led the week with five of the thirteen sales, while Concordia Bank & Trust Company bought a vacant lot at the corner of Perkins...

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Commercial Sales Report – July 2021

DOWNLOAD FULL REPORT (PDF) Continuing the high activity trend of 2021, July 2021 brought the total number of commercial sales to 295, a 62% increase over this time in 2020 and a 45% increase over the 6-year average. All sectors are trending above their respective 6-year averages in total number of transactions and total dollar volume transacted. A total of $489mm has been...

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Cortana Mall Flyover Video, Government Street Sale

The August 16, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Hebert Real Estate Properties LLC bought the Sunbelt Rentals building on Wooddale Boulevard. Retail led the week with four of the six sales, including an Exxon-branded gas station in Mid City bought by a Mississippi-based investor and a Government Street property...

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Amazon Construction Permits, Resthaven Property Sold

The August 9, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Legacy Panhandle Holdings LLC, Houston-based funeral home and crematory operator Legacy Funeral Group, bought the Resthaven Funeral home on Jefferson Highway just east of Airline Highway. Office led the week with four of the six sales, including the Sigma Engineering president's...

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Three High Dollar Office Sales, Furniture Mart Sold

The August 2, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: FSC Diversified I Manager LLC, New Jersey-based real estate investment firm Four Springs Capital Trust, bought the Fresenius Kidney Care facility on Mancuso Lane off Picardy Avenue. Office led the week with four of the ten sales, including the sale of...

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Bluebonnet Medical Office Sold, Government Street Rezoning

The July 26, 2021 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: CCI Baton Rouge II LLC, Indianapolis-based healthcare real estate investment firm Cornerstone Companies, bought the Interventional Pain Medical Center off Bluebonnet Boulevard. Office led the week with six of the eleven sales, including the Mesh Advertising owner's purchase of an office...

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The Retreat at Brightside Sold

The July 19, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: Retreat RVF Property LLC, Savannah-based investment firm Wicker Park Capital Management, bought the Retreat at Brightside, a 244-unit apartment complex near Brightside Drive and Nicholson Drive. Land and office each accounted for four of the twelve sales, including local developer John...

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