The April 26, 2021 issue covers three commercial sales recorded across Baton Rouge the previous week, totaling $1.62M in disclosed volume. The headline deal: Trade Properties LLC, a local investor, paid $1.1M ($30/SF) for a five-building retail property near the corner of Sullivan Road and Greenwell Springs Road in Central. The other two sales were a 10-unit mobile home property...
The April 19, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.79M in disclosed volume. The headline deal: 2544 Government Street Owner LLC, Hammond-based Aveda Salon partner Neill, paid $1.18M ($147/SF) for four commercial buildings and two residential properties on Government Street in Mid City. Industrial led the week with three of the seven...
DOWNLOAD PDF OF PRESS RELEASE April 15th, 2021 - Baton Rouge, LA – Will Chadwick of Elifin Realty and Brian Douglas Campbell Jr. of Big Horn Development are pleased to announce the most recent tenant to join Highland Park Marketplace, The Yard Milkshake Bar. Soon to be occupying Suite 408, The Yard Milkshake Bar is a specialty ice cream and milkshake shop...
DOWNLOAD FULL REPORT (PDF) Activity in the commercial sales market continues to increase as Q1 2021 ends. The number of overall sales transactions is up 49% over the previous 6-year average and the total $ volume is up nearly 98%. With 9 multifamily sales in March 2021, the Multifamily sector is now up 100% over previous YTD figures. Total...
The April 12, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $14.5M in disclosed volume. The headline deal: The Kronlage Family Limited Partnership, a Metairie-based investor, paid $7.29M ($94/SF) for the Sherwood South Shopping Center at the corner of South Sherwood Forest Boulevard and Old Hammond Highway. Office led the week with four of...
The April 5, 2021 issue covers fifteen commercial sales recorded across Baton Rouge the previous week, totaling $15.5M in disclosed volume. The headline deal: Engquist - River Properties LLC, a local developer, paid $5.68M ($101.51/Land SF) for vacant downtown lots at the corner of River Road and Main Street. Office led the week with five of the fifteen sales, while...
The March 29, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.6M in disclosed volume. The headline deal: 1900 Main St LLC, the owner of Moore Care Caregiver Services and local investors, paid $1.25M ($20/SF) for the Royal Furniture building on Main Street in Mid City. Land led the week with three of the...
DOWNLOAD FULL REPORT (PDF) Through February 2021 the total number of commercial sales and total dollar volume of commercial sales are both up 40% over the previous 6-year averages, signaling a strong start to 2021. Compared to this time in 2020, the number of commercial sales in 2021 is up 36% and the total dollar volume transacted is up 63%. ...
The March 22, 2021 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $3.22M in disclosed volume. The headline deal: Zachary Farms LLC, a local developer, paid $1.53M ($0.33/Land SF) for 105 acres on Rollins Road in Zachary. Land led the week with three of the seven sales, including 2.76 acres on Interline Avenue bought by...
The March 15, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $5.34M in disclosed volume. The headline deal: Shoe Creek Commercial LLC, a local developer, paid $1.83M ($7.66/Land SF) for two tracts in the Shoe Creek Development off Sullivan Road in Central. Land and retail each accounted for four of the ten sales, while...
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