News

Office Near S Sherwood Forest and I-12 Sells

The August 31, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $2.61M in disclosed volume. The headline deal: Sonco Capital LLC, Dynamic Construction Group, paid $840K ($94/SF) for an office building at 3045 Westfork Drive near South Sherwood Forest Boulevard and Southfork Avenue. A former Chase bank branch near South Sherwood Forest Boulevard and...

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Four Retail Sales Last Week

The August 24, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $1.63M in disclosed volume. The headline deal: Ruemidland Holdings LLC, the president of APS Engineering & Testing, paid $835K ($128/SF) for an office building at 1645 Nicholson Drive between downtown Baton Rouge and the LSU campus. A local investor bought the Gardere Lane...

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Proposed Conversion of Floors in Chase South Tower

The August 17, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $4.37M in disclosed volume. The headline deal: Super Properties III LLC, Arkansas-based Hugg & Hall Equipment Company, paid $2.23M ($43/SF) for an industrial facility at 2387 North Airway Drive near South Choctaw Drive. A local investor bought an office building in the Parc...

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Commercial Sales Report – July 2020

DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...

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Large Cold Storage Facility Sold for 6 Million

The August 10, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $8.81M in disclosed volume. The headline deal: Lineage Logistics SCS LLC, Michigan-based Lineage Logistics, paid $6M ($74/SF) for the industrial facility at 7150 South Choctaw Drive at Wooddale Boulevard from Southern Cold Storage. Lineage also paid $230K for acreage south of the facility...

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Six Popeyes Restaurants in EBR Sold

The August 3, 2020 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $2.86M in disclosed volume. The headline deal: Cottages at O'Neal LLC, a local developer, paid $1.25M ($4.01/Land SF) for acreage at 15647 George O'Neal Road near O'Neal Lane zoned for Small Planned Unit Development. Six of the eleven sales were Popeyes restaurants bought...

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Seven Commercial Sales

The July 27, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $2.53M in disclosed volume. The headline deal: Central Power and Industrial Coatings, Inc paid $750K ($29/SF) for its facility at 11415 Blackwater Road in Central. A local plastic surgeon bought a building at The Parc of Claycut Bayou office park on Bluebonnet Boulevard...

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The Ivy Courtyard Apartments Near LSU Sold to NOLA Investment Group

DOWNLOAD PDF July 22nd, 2020 - Baton Rouge, LA – Elifin Realty’s Multifamily Division is pleased to announce the sale of The Ivy Courtyard apartments located at 3350 Wyoming Street in Baton Rouge, LA. The Ivy Courtyard is a twenty-two-unit apartment complex and sits just a few feet from the northern border of LSU’s campus and adjacent to the new Nicholson Gateway...

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Former Owens Collision on Jefferson Sells

The July 20, 2020 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $2.54M in disclosed volume. The headline deal: 3350 Wyoming LLC paid $945K ($42,955/unit) for The Ivy Courtyard, a 22-unit apartment complex at 3350 Wyoming Street off Nicholson Drive. The former Owens Collision on Jefferson Highway between Airline Highway and Stumberg Lane sold for...

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