News

Highland Park Marketplace Attracting Both National and Local Businesses to South Baton Rouge

DOWNLOAD PDF March 11th, 2020 - Baton Rouge, LA – Will Chadwick of Elifin Realty and Brian Douglas Campbell Jr. of Big Horn Development have announced the addition of three new tenants to the shopping center development Highland Park Marketplace in South Baton Rouge. “We are still expecting construction to be completed by the summer and we’re continuing to sign quality...

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Corporate Blvd Land Sells

The March 9, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Louisiana Farm Bureau Enterprises Inc bought 7.72 acres on Corporate Boulevard at Commerce Circle. A local investor bought a former MidSouth Bank branch on Jones Creek Road, the owner of Pinetta's European Restaurant bought the Perkins Road building used by the...

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Former Gerry Lane Facility on Florida Boulevard Hits the Market

DOWNLOAD PDF March 9th, 2020 - Baton Rouge, LA – Mathew Laborde and Will Chadwick, of Elifin Realty, have announced that they are bringing the property located at 4917 Florida Boulevard to market.   The location, formerly occupied by Gerry Lane, sits near the intersection of Florida Boulevard and N Foster Drive in a high traffic corridor of Baton Rouge that has seen...

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Hammond Aire Sells & Street Name Change to Burrow Road

The March 2, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: Saint Peter Holdings, LLC, Donald J. Case, bought a ±17,920 SF warehouse at 11726 Richcroft Avenue in the South Choctaw Drive industrial submarket. Hammond Aire, LLC and Mont Belview Properties V, LLC bought the Hammond Aire Plaza Shopping Center on Airline...

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The Right and Wrong Way to Divide a Market into Submarkets

Has anyone ever attempted to create submarkets? When analyzing trends in a real estate market, it can be very helpful to divide that market into submarkets because stats such as sale prices and transaction volume can differ greatly from one pocket of a Parish / County to another. Here are the submarkets Elifin Realty created for one of our recent research reports...

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Embassy Apartments Sell

The February 24, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: Tiger Pointe Owner LLC, New York firm CLK Properties, bought the Embassy Apartments, a 150-unit complex on Gourrier Avenue off Nicholson Drive near the LSU campus. Michigan-based Agree Realty Corporation bought the O'Reilly Auto Parts on Burbank Drive near Bluebonnet Boulevard,...

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Baton Rouge Medical Clinic Sells

The February 17, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Yellowhammer Partners LLC bought the Baton Rouge Vascular Access clinic facility at 505 East Airport Avenue. Baum's Bakery sold its building near Florida Boulevard and Wooddale Boulevard to a Lafayette-based LLC, and the Shiloh Apartments, a 14-unit complex in the Melrose...

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Champion Medical Office Building sells

The February 10, 2020 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: NEC Baton Rouge LP, Texas-based investment firm New Era Companies, bought the Champion Medical Office Building at 7855 Howell Boulevard. LWCC bought the Red Roof Inn at South Acadian Thruway and I-10 with plans to demolish it, and Covington-based Mele Printing...

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Law Firm Solidifying Downtown Commitment at II City Plaza and Adding New Attorneys in 2020

DOWNLOAD PDF February 5th, 2020 - Baton Rouge, LA – George Bonvillain, Office Sales & Leasing Specialist, has announced the lease of a 5th floor suite in II City Plaza to Carleton Hebert Wittenbrink & Shoenfelt, LLC. The Louisiana attorneys of Carleton Hebert Wittenbrink & Shoenfelt, LLC have decades of cumulative legal experience and are excited to expand their footprint in the...

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Atlanta Investor Purchases MidCity Medical Clinic

The February 3, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: HF FMC Realtors LLC, an Atlanta-based investor, bought the Fresenius Kidney Care Bon Carre medical office at 7656 Realtors Avenue off Lobdell Boulevard. Build Baton Rouge bought the former Chase Bank branch at Plank Road and Mohican Street, and Moore Rouzan...

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