The January 18, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $6.07M in disclosed volume. The headline deal: POP-BR LLC, a California-based investor, paid $2.43M ($998/SF) for the Popeyes on Florida Boulevard near McGehee Drive. Retail led the week with five of the eight sales, including a Dollar General on Government Street bought by...
The January 11, 2021 issue covers twenty commercial sales recorded across Baton Rouge the previous week, totaling $19.7M in disclosed volume. The headline deal: 1919 Boulevard De Province 2020 LLC, Cedar Grove Capital, paid $8.8M ($56,774/unit) for the 155-unit Kingston Point Apartments at the corner of Boulevard de Province and North Harrell's Ferry Road. A local investor bought the 48-unit...
The January 4, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $6.28M in disclosed volume. The headline deal: Louisiana Workers' Compensation Corporation paid $2.17M ($482/SF) for the Mestizo restaurant property near its office on South Acadian Thruway near I-10. Robinson Brothers Inc bought the multi-tenant retail property at Highland Road and East Petroleum Drive...
The December 28, 2020 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $55.5M in disclosed volume. The headline deal: Citiscape Essen LLC, multi-family investor Jakob Medve, paid $47.5M ($219,907/unit) for the Citiscape at Essen apartments on Mancuso Lane. PRICECO WEST, the Price Leblanc family, bought two parcels of land on Sullivan Road in Central for...
The December 21, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $4.78M in disclosed volume. The headline deal: Drakes Landing Apartments, LP paid $1.5M ($1.32/SF) for the land for Drake's Landing Apartments at 801 North Ardenwood Drive. Burn Rubber LLC bought an office building on Jefferson Highway for $1.02M, and Emerald Magnolia Properties LLC...
DOWNLOAD FULL REPORT (PDF) The number of all commercial sales is in line with the historical average at 330 YTD 2020 (down only -3.28% from the average YTD over the last 5 years). Dollar volume of all commercial sales is at a 5-year low at $369.6 million YTD 2020 (down -31.25% from the average YTD over the last 5 years). Land sale volume...
The December 14, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $28.9M in disclosed volume. The headline deal: MIMG CLXXIV Afton Oaks LLC, MIMG FWCO Afton Oaks LLC and D&J Afton Oaks LLC, for Colorado-based Monarch Investment and Management Group, paid $23.9M ($84,155/unit) for the 284-unit Afton Oaks Apartment Homes on Newcastle Avenue. Our...
The December 7, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $19.8M in disclosed volume. The headline deal: EGP 9181 Baton Rouge LLC, Easterly Government Properties, paid $10.5M ($380/SF) for the 100% occupied, single-tenant Executive Centre on Interline Avenue, leased to the Health Resources & Services Administration until 2040. New Orleans-based Key Real Estate...
The November 30, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $3.41M in disclosed volume. The headline deal: Kumar LLC, a Hammond-based investor, paid $1.95M ($54/SF) for a 50% leased office building on South Sherwood Forest Boulevard. Symphony Homes Inc bought six duplex units and two cottages on Costello Lane for $593K, and a...
The November 23, 2020 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $22M in disclosed volume. The headline deal: DB Heron Pointe LLC, a local real estate developer, paid $15M ($2.66/Land SF) for 12.927 acres on Parkknoll Avenue near the Airline Highway and Jefferson Highway intersection. Raising Cane's Restaurants, L.L.C. bought four of its own...
No obligation. Takes under two minutes.