DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase 3 of reopening throughout the month of October. The number of commercial property sales was up 57% month over month, with 44 sales in October 2020 compared with 28 sales in September 2020. While we have seen a decrease in activity overall and across the multifamily, office, and land sectors, the average price per...
The November 16, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Priceco West, L.C., the Price LeBlanc auto dealership, bought acreage off Airline Highway near Antioch Road. A New Jersey-based investor bought the net-leased Popeyes off Burbank Drive near Bluebonnet Boulevard, a 5.35% cap rate, and an Alabama-based company bought the 84-unit...
The November 9, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Zachary Trails LLC, an Alabama-based investor, bought 277.76 acres off Old Scenic Highway, buying back a portion of the 313.61 acres sold to D.R. Horton in October 2019. A Prairieville-based investment group bought five duplexes off North Flannery Road, and Front...
The November 2, 2020 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: IPS Innovation LLC, IDEA's headquarters in Weslaco, Texas, bought the IDEA Innovation Charter School location on Innovation Park Drive. DSLD Homes, LLC bought 57 lots off Burbank Drive for its new Kenilworth Crossing neighborhood, and IDEA Public Schools Headquarters also purchased...
The October 26, 2020 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: Indigo Park Property Owner LLC, a Los Angeles-based real estate investment group, bought the 330-unit Indigo Park Apartments at Nicholson Drive and Gardere Lane. The House in Tigerland bought its location on Bob Pettit Boulevard, including the bar and adjacent parking...
The October 19, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Friends of Basis Louisiana bought the former Richard's Honda property on Florida Boulevard, bought for the Basis Baton Rouge charter school's second Baton Rouge campus. A Chicago-based investor bought the Dollar General in Zachary at Liberty Road and Port Hudson-Pride Road,...
DOWNLOAD FULL REPORT (PDF) Louisiana moved forward to Phase 3 of reopening on September 11. The number of all commercial property transactions is still lower than the year to date total compared to the previous five years. During the first eight months of 2020, the office sector had seen an overall decrease in activity. Compared to August, the number of office sales...
The October 12, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Maha Laxmi LLC, a local investor, bought the Motel 6 near the corner of Rieger Road and Siegen Lane. A 10-unit apartment complex in Tigerland sold to Ellis Realty Holdings LLC, and real estate agent Donnie Jarreau bought the Ace Cash...
The October 5, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Double Zero Perkins LLC, local real estate agent David Trusty, bought the office building at the corner of Perkins Road and Silverside Drive. Canadian firm Kluane Partners bought two self-storage facilities, a 476-unit property on Richcroft Avenue and a 482-unit property...
The September 28, 2020 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Fangting Liang and Xiurong Li, local investors, bought a suite leased to Transformyx in Myrtle Lake Plaza Office Park on North Harrells Ferry Road. AGP Investments LLC also bought a building in the Industriplex corridor near Siegen Lane, and 2211 Beaumont...
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