News

Canadian Firm Acquires Two Self-Storage Facilities

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...

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Proposed 3-story Office Building Near Towne Center

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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Proposed Bar/Lounge Adjacent to Millennial Park on Florida

The September 21, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Triple Three LLC, the owners of City Bar, bought their building at 333 3rd Street. A Tennessee-based real estate company bought the former Popeye's on O'Neal Lane, and DSLD Homes bought 15.49 acres of the developing Cypress Bend subdivision near Old...

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Six Office Sales Last Week

The September 14, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: JCC Holdings LLC, a local doctor, bought an office building at 4580 Bluebonnet Boulevard south of Jefferson Highway. Local dentist Dr. Cecilia Luong bought a former Hancock Whitney bank branch on Goodwood Boulevard near East Airport Avenue, and the historic A....

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Commercial Sales Report – August 2020

DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase Two of the federal government’s plan for reopening throughout the month of August. Dollar volume of sales for all commercial property transactions year to date is currently 18.79% lower than the previous 5-year low in 2016. Throughout the pandemic, the number and dollar volume of retail transactions has remained notably higher than previous years....

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New McDonald’s Near Costco Sold

The September 7, 2020 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: NLA Baton Rouge CK, LLC, an Alabama-based firm, bought the former Kean's location at 8967 Jefferson Highway. AutoZone bought a vacant lot off Burbank Drive southeast of Bluebonnet Boulevard, and a California-based company bought the newly built McDonald's next to the...

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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. The headline deal: Sonco Capital LLC, Dynamic Construction Group, bought 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 Old Hammond Highway sold, and a Texas-based company...

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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. The headline deal: Ruemidland Holdings LLC, the president of APS Engineering & Testing, bought an office building at 1645 Nicholson Drive between downtown Baton Rouge and the LSU campus. A local investor bought the Gardere Lane shopping center, and a Houston-based investor bought the...

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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. The headline deal: Super Properties III LLC, Arkansas-based Hugg & Hall Equipment Company, bought an industrial facility at 2387 North Airway Drive near South Choctaw Drive. A local investor bought an office building in the Parc at Claycut Bayou Office Park, and developer Kevin...

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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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