DOWNLOAD PDF July 24, 2019 - Baton Rouge, LA — Elifin Realty’s Multifamily Division is pleased to bring to market a portfolio of apartments totaling 20 units comprised of 60 bedrooms with consistent, immediate cash flow. The property is located just minutes from Louisiana State University and has historically achieved high occupancy with a tenant base primarily made of LSU students. Consisting of seven...
The July 22, 2019 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $2.79M in disclosed volume. The headline deal: Samuel & David Lacour paid $650K ($167/SF) for the former Kean's the Cleaner at 4665 Perkins Road, where LaCour's Carpet World will relocate from Tom Drive. LaCour's sold its Tom Drive location for $640K, Krispy Kreme...
The July 15, 2019 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $2.53M in disclosed volume. The headline deal: 250 SF LLC, consultant Perry Franklin of Franklin Associates, paid $1.2M for the former campus of Church of the Way Presbyterian at 250 South Foster Drive. Steve Caruso bought two fourplexes and two eightplexes in the...
The July 8, 2019 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $4.89M in disclosed volume. The headline deal: Our Lady of the Lake Hospital Inc paid $1.33M ($177/SF) for medical office space at 7566 Picardy Avenue near its Essen campus. Brandon Brown's Francis Zachary Holdings LLC bought 15 acres of Fellowship Church's Mount Pleasant...
The July 1, 2019 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $22.5M in disclosed volume. The headline deal: Stag Industrial Holdings paid $19.9M ($79/SF) for over 250,000 SF of industrial warehouse space at 6565 and 6735 Exchequer Drive. Our Lady of the Lake bought a medical office building near Essen Lane for $938K, and...
The June 24, 2019 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $6.01M in disclosed volume. The headline deal: BR LA Realty LLC paid $2.21M ($47/SF/Land) for the Red Roof Inn at 11314 Boardwalk Drive near South Sherwood Forest Boulevard and I-12. A Brooklyn real estate investment firm bought an apartment complex on Coy Avenue...
Big data is not necessarily a new concept. However, it has been a big topic of conversation when it comes to commercial real estate lately. “Although Big Data is not new, its exponential growth within CRE is. Today’s challenge involves getting a handle on a workable platform, taking the right steps in assembling a CRE data repository, isolating meaningful data...
The June 17, 2019 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $9.25M in disclosed volume. The headline deal: Louisiana District Attorneys Association Inc paid $2.5M ($153/SF) for office space at 2525 Quail Drive off Perkins Road. Drago's Seafood also paid $2.5M for a retail property on Constitution Avenue near College Drive and I-10 for...
The June 10, 2019 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $9.62M in disclosed volume. The headline deal: the Foundation for Louisiana Students, a nonprofit, paid $6.03M for Comfort Suites University at 3045 Valley Creek Drive near College Drive and I-10. Brian Dantin bought four office buildings in Interline Office Plaza off I-12 for...
The June 3, 2019 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $5.91M in disclosed volume. The headline deal: Sam-High LLC, Donald Jarreau Jr., paid $3.78M ($479/SF) for Sammy's Restaurant at 8635 Highland Road, to be leased back to Sammy's majority owner, Sammy Nagem. The Louisiana School Boards Association bought an office building on Florida...
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