The January 25, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Pelican Parkway LLC bought PUD-zoned acreage at the corner of Burbank Drive and Pelican Lakes Parkway. Retail led the week with two of the six sales, including the historic McHugh House, which the city of Zachary sold to a local real...
DOWNLOAD FULL REPORT (PDF) December 2020 brought the total number of commercial sales in EBR Parish to 370, narrowly edging out 2019's total sales number of 368 and closing out 2020 only 1.70% down from the 5-year moving average. The overall dollar volume of commercial sales in 2020 saw a 15.1% decrease from 2019. Transactions in December 2020 lifted the total $ volume...
The January 18, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: POP-BR LLC, a California-based investor, bought 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 real estate agent Lawrence Maestri, while two office/warehouse...
The January 11, 2021 issue covers twenty commercial sales recorded across Baton Rouge the previous week. The headline deal: 1919 Boulevard De Province 2020 LLC, Cedar Grove Capital, bought 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 Monterrey Townhomes on Monterrey Drive, and German-based grocer...
The January 4, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Louisiana Workers' Compensation Corporation bought 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, and Graham Real Estate Two LLC, a Washington-based...
The December 28, 2020 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Citiscape Essen LLC, multi-family investor Jakob Medve, bought the Citiscape at Essen apartments on Mancuso Lane. PRICECO WEST, the Price Leblanc family, bought two parcels of land on Sullivan Road in Central, and America Homeland LLC, a local developer, bought acreage...
The December 21, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Drakes Landing Apartments, LP bought the land for Drake's Landing Apartments at 801 North Ardenwood Drive. Burn Rubber LLC bought an office building on Jefferson Highway, and Emerald Magnolia Properties LLC bought land on Highland Road for the new Dutch Manor...
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. 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, bought the 284-unit Afton Oaks Apartment Homes on Newcastle Avenue. Our Lady of the Lake Hospital, Inc. bought a...
The December 7, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: EGP 9181 Baton Rouge LLC, Easterly Government Properties, bought 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 Company bought a roughly 3.99-acre tract in the...
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