07 Oct Nick Saban sells local Apartment Complex + DR Horton makes multiple land purchases
The October 7, 2019 issue covers sixteen commercial sales recorded across Baton Rouge the previous week, totaling $22M in disclosed volume. The headline deal: Sften LLC, D. R. Horton, paid $9.1M ($0.67/Land SF) for additional acreage on Old Scenic Highway in Zachary for its Meadow View development. Nick and Terry Saban sold Kenilworth Manor Apartments, a 32-unit complex near Kenilworth...
30 Sep Three Circle K Properties Sold + New Asian Restaurant at Sherwood and Florida
The September 30, 2019 issue covers fourteen commercial sales recorded across Baton Rouge the previous week, totaling $8.28M in disclosed volume. The headline deal: Rusk Group, LLC, Mike Rusk of Mike's Audio, paid $2.9M ($99/SF) for American Plaza, a four-building office complex at 2645 O'Neal Lane between I-12 and South Harrell's Ferry Road. CrossAmerica Partners LP bought three properties at...
23 Sep 14 Commercial Sales Last Week
The September 23, 2019 issue covers fourteen commercial sales recorded across Baton Rouge the previous week, totaling $10.5M in disclosed volume. The headline deal: SRG Investment LLC paid $3.73M ($47,785.87/unit) for the SpringHill Suites by Marriott at 7979 Essen Park Avenue, sold by a New York-based realty trust. J. Brian Oliver, CEO of United Networks of America, bought a fully...
16 Sep More Multifamily Sales + Land Clearing Permit for 28 Acres on Burbank
The September 16, 2019 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $2.03M in disclosed volume. The headline deal: Satkartar Properties LLC, whose ownership owns several gas station/convenience stores in the Baton Rouge area, paid $600K ($0.15/Land SF) for a large parcel of land on Highway 61 at Mount Pleasant Zachary Road. Four of the...
09 Sep $30m Multifamily Purchase by Colorado Investment Group
The September 9, 2019 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $34.1M in disclosed volume. The headline deal: MIMG CLIV Longridge Sub, LLC & MIMG LR4 Longridge, LLC, Colorado-based Monarch Investment and Management Group, paid $16M ($111,111/unit) for the Longridge Apartment complex at 11999 Longridge Avenue off South Sherwood Forest Boulevard. Monarch also bought...
03 Sep $20m Multifamily Sale + Former Barcadia Rezoning + New Bar on George Oneal
The September 3, 2019 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $28.9M in disclosed volume. The headline deal: Live Oaks Baton Rouge Apartments LLC, a New Orleans area investor, paid $20.5M ($111,413/unit) for the Live Oaks apartment complex at 12901 Jefferson Highway at Stumberg Lane. Block Investors LLC, also a New Orleans investor, bought...
26 Aug $10m+ Hospitality Sale
The August 26, 2019 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $10.9M in disclosed volume. The headline deal: Maruti Investments 1, LLC paid $6.05M ($47,987/unit) for the Hyatt Place hotel at 6080 Bluebonnet Boulevard near I-10, across from the Mall of Louisiana. The same investor bought the TownePlace Suites by Marriott on Summa Avenue...
19 Aug $8.5m Office Sale on Sherwood + BTR Airport Expanding Boundary
The August 19, 2019 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $11.3M in disclosed volume. The headline deal: 4000 Sherwood LLC & Sherwood 4 LLC, investors David Divincenti Jr. and Patrick Cusick, paid $8.53M ($109/SF) for the office building at 4000 South Sherwood Forest Boulevard. Four of the ten sales were duplexes and a...
16 Aug Taylor Clark Gallery Building on Government Street Sold – New Business Coming Soon
DOWNLOAD PDF August 16, 2019 - Baton Rouge, LA — Mathew Laborde, President & CEO at Elifin Realty, has announced the sale of the property located at 2623 Government Street in Baton Rouge. The building, originally constructed in the 1960’s, was designed by renowned architect A. Hays Town. Since its construction, Taylor Clark Gallery has occupied the building and the property is...
15 Aug Historic Downtown Building, Built in 1850, Brought to Market by Elifin Realty
DOWNLOAD PDF August 15, 2019 - Baton Rouge, LA — Elifin Realty has announced that it has listed the historic, 169-year-old property located at 232 Lafayette St in Downtown Baton Rouge. The two-story building, built in 1850, is rich with traditional design and unique character. As its original brick construction and metal beams remain, the property is currently the perfect template for...
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