News

Commercial Sales Report – December 2021

DOWNLOAD FULL REPORT (PDF) With a total of 536 recorded commercial sales in 2021, EBR Parish crossed the $1 Billion mark for total transaction volume for the first time on ELIFIN®’s record. Led by a significant increase in high-dollar multifamily, net leased, and medical sales, this represents an increased volume of 102% over 2020. All sectors closed 2021 trending above...

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CounterSpaceBR Opening Second Location at Coterie Exchange

DOWNLOAD PDF OF PRESS RELEASE January 10, 2022 - Baton Rouge, LA – Will Chadwick, Partner – Retail Sales & Leasing, is pleased to announce that CounterSpaceBR is set to open their second location at Coterie Exchange in Baton Rouge. Local entrepreneur and from-scratch baker, Sarah Joy Hays, launched CounterSpaceBR in 2017 and operates its current location on Perkins Road. “We are...

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The Pulse: Krispy Kreme Sold and 350 Acre Subdivision in Baker

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8069 Ned Avenue Price: $640,000 ($24,615 / Unit) Buyer: R L Montana Properties LLC Elifin's Notes: Laffayete-based investor purchases the Willow View Apartments, a 26 unit complex on Ned Ave. 10032 Avenue I Price: $520,000 ($21,667 / Unit) Buyer: PropertyVest Inc Elifin's Notes: Crestworth Place Apartments, a 24-unit complex located north of...

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The Pulse: Retail Portfolio at LSU and Corporate Blvd Land Sale

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10127 Florida Blvd Price: $300,000 ($39 / SF) Buyer: Blvd Salon Suites LLC Elifin's Notes: Blvd Salon Suites purchases their location on Florida Blvd near the Sharp Rd intersection. 3266 Drusilla Lane Price: $2,400,000 Buyer: 3266 Drusilla LLC Elifin's Notes: Local investor purchases Drusilla Lane office building on 2.38 acres. 1188 Rosenwald Road Price:...

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The Pulse: 52 Million Dollar Apartment Sale and Developer Buys Land on Nicholson

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3232 S Sherwood Forest Blvd Price: $2,750,000 ($61 / SF) Buyer: EFCU Financial Federal Credit Union Elifin's Notes: EFCU Financial Federal Credit Union purchases two story office building on S Sherwood Forest Blvd. 9253 Airline Hwy Price: $220,000 ($122 / SF) Buyer: Smith Holdings LLC Elifin's Notes: Royal Nissan owner purchases neighboring...

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The Pulse: OLOL Buys Lot At Rouzan – The High Grove Apartments Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4222-4238 Perkins Road Price: $980,000 ($122,500 / Unit) Buyer: 4222 Perkins Road, LLC Elifin's Notes: Southdowns Apt, an 8 unit complex off Perkins Rd near the College Dr intersection, sells to local investor. 10222 The Grove Boulevard Price: Withheld Buyer: B Rouge Elmwood H LLC Elifin's Notes: The High Grove apartments, a...

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Now Open – Clean Creations at Highland Park Marketplace

DOWNLOAD PDF OF PRESS RELEASE December 15, 2021- Baton Rouge, LA – Clean Creations, the New Orleans-based healthy, gourmet food service, has announced that their newest location at Highland Park Marketplace in Baton Rouge is now open. Located in Suite 409, Clean Creations’ mission is to make healthy eating a way of life so that people can live better, feel better, and...

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Commercial Sales Report – November 2021

DOWNLOAD FULL REPORT (PDF) After 11 months, 2021 has officially exceeded each of the previous six-year highs in both number of commercial sales transactions (471) and total dollar volume transacted ($800m). The Multifamily sector continues to see the most significant change from 2020 with a 340% increase in transaction volume in 2021. Industrial sector sales have not set a...

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The Pulse: Engquist Purchases 250 Acres and Arlington Marketplace Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3608, 3610, 3612 Capital Heights Ave Price: $330,000 ($110,000 / Unit) Buyer: Theresa Overby Elifin's Notes: Triplex multifamily property in Mid City sells. 7324 Menlo Drive Price: $3,250,000 ($101,563 / Unit) Buyer: KMA SCP Owner LLC Elifin's Notes: Austin-based investor purchases Kenilworth Manor Apartments, a 32 unit, 2 bed / 2 bath...

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The Pulse: Best Buy at Mall of LA Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 16560 Commercial Ave Price: Withheld Buyer: Double F Logistics LLC Elifin's Notes: Capitol City Produce purchases office building neighboring their warehouse facility on Commercial Ave near the I-12 and O'Neal Lane intersection. Price withheld. 13360 Coursey Blvd, Suite C Price: $430,000 ($178 / SF) Buyer: Impact Ventures LLC Elifin's Notes: Local investor...

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