The June 14, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Bend on Bluebonnet LP, Indianapolis-based real estate development firm TWG Management, bought more than 13 acres near Bluebonnet Boulevard and Burbank Drive. Land led the week with three of the nine sales, while the YWCA of Greater Baton Rouge bought the...
The June 7, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Exchangeright Net-Leased Portfolio 47 DST, California-based real estate investment firm Exchangeright, bought the Fresenius Medical Care facility on Groom Road in Baker. Retail led the week with four of the eight sales, including former Capital One branches on O'Neal Lane and...
DOWNLOAD FULL REPORT (PDF) All commercial sales numbers in EBR Parish continue to trend above historical averages through May 2021. There have been a total of 203 commercial property sales recorded so far in 2021. This is the highest 5-month total (Jan-May) in the last 6 years. Through May, every sector except Land has seen more sales in 2021...
The May 31, 2021 issue covers sixteen commercial sales recorded across Baton Rouge the previous week. The headline deal: 850 CV Owner LLC, a Texas-based investor, bought Capital View Apartments, a 19-unit complex on North Fifth Street near the state capitol. Multifamily and office each accounted for five of the sixteen sales, while Plantation Management Company, which owns and operates...
The May 24, 2021 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Akshardham LLC bought the Microtel Inn & Suites, a 78-unit hotel at the corner of Howell Boulevard and Harding Boulevard. Industrial led the week with four of the eleven sales, including a two-building property with warehouses, office and showroom space on...
The May 17, 2021 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: WM Blanchard LLC, Alexandria-based D'Argent Companies, bought Central Plaza, a strip center at the corner of Wax Road and Sullivan Road in Central. Retail led the week with six of the nine sales, including three Big Brother's Meat Market locations bought...
The May 10, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: Exchangeright Net-Leased Portfolio 46 DST, California-based real estate investment firm ExchangeRight, bought the Fresenius Kidney Care facility on O'Neal Lane north of I-12. Office led the week with six of the twelve sales, while a local attorney bought the former Cypress...
DOWNLOAD FULL REPORT (PDF) As we pass the 13-month mark since the COVID shutdown in March 2020, all sectors of the commercial real estate sales market in EBR Parish are trending above historical numbers. The total number of commercial sales is up 37% and the total dollar ($) volume of sales is up 41% compared to the previous 6-year...
The May 3, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: JPMorgan Chase Bank, NA bought its new Chase Bank location near the corner of Airline Highway and Highland Road. Multifamily led the week with two of the six sales, including a 24-unit apartment complex off Government Street in Mid City bought...
The April 26, 2021 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Trade Properties LLC, a local investor, bought 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 off Hooper Road, bought by a local investor,...
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