A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5744 S Sherwood Forest Blvd Price: $475,000 ($264 / SF) Buyer: LSW RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change and Car Care on S Sherwood Forest Blvd sells to local investor. 3311 Drusilla Lane Price: $545,000 ($303 / SF) Buyer: CHK RE Holdings LLC Elifin's Notes: Grease Monkey Oil Change...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14455 Airline Hwy Price: $4,320,000 ($800 / SF) Buyer: Larock Properties LLC Elifin's Notes: Little Rock-based investor purchases Christian Brother's Automotive on Airline Hwy near Baringer-Foreman Rd. 1939 S Sherwood Forest Blvd Price: $475,000 ($84 / SF) Buyer: 61 Coronado Ave LLC Elifin's Notes: Former State Bank & Trust Company branch sells...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1000 Government St Price: $2,600,000 ($1,182 / SF) Buyer: 3369 Vinton Partners LLC Elifin's Notes: Los Angeles-based investor purchases Sonic in downtown Baton Rouge. 602 Main St Price: $262,500 ($73 / SF) Buyer: 602 Main Street LLC Elifin's Notes: Local attorney purchases downtown building on the corner of Main St and 6th...
DOWNLOAD FULL REPORT (PDF) With $82mm sold on record in April 2022, the total volume transacted so far in the commercial market crosses $300mm, consistently outpacing each of the previous 7 years. The Retail sector has been most active with 37 sales so far in EBR Parish in 2022, followed by Office with 32. Retail and Industrial are the...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4444 Tigerland Avenue Price: $8,300,000 ($67,480 / Unit) Buyer: Tigerland Holdings LLC Elifin's Notes: Local investor purchases the Latitude 30 Apartments in Tigerland. 449 Ben Hur Road Price: $80,100,000 ($267,893 / Unit) Buyer: 449 Ben Hur Road (LA) Owner LLC Elifin's Notes: Chicago-based investor purchases the Exchange of Baton Rouge, a 299...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7656 Realtors Ave Price: $1,770,000 ($221 / SF) Buyer: FCPT Holdings LLC Elifin's Notes: Four Corners Property Trust purchase the Fresenius Kidney Care Bon Carre medical office on Realtor's Ave off of Lobdell Blvd. 11741 Market Place Ave Price: $285,000 ($111 / SF) Buyer: 11741 Market Place LLC Elifin's Notes: Office building...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9352 Interline Avenue Price: $657,000 ($95 / SF) Buyer: 9352 Interline LLC Elifin's Notes: Local investor purchases office building off Interline Ave. 4229 North Blvd Price: $200,000 ($100 / SF) Buyer: ACADIAN OAKS PET CLINIC, INC Elifin's Notes: Wahaya IT purchase Midcity property formerly used as a vet clinic. 8281 Goodwood Blvd Price: $1,915,000...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3043 Old Forge Dr Price: $700,000 ($129 / SF) Buyer: Cambre Real Estate Investments LLC Elifin's Notes: Local investor purchases office building just off Bennington Ave near College Dr. 11745 Bricksome Ave, Unit A4 Price: $104,000 ($87 / SF) Buyer: Tregg Wilson Elifin's Notes: Office suite sells at Bricksome Place Office Condominiums. 3942...
DOWNLOAD FULL REPORT (PDF) Through Q1 2022, the commercial sales market in EBR Parish continues to transact above historical averages in number of sales (118) and dollar volume transacted ($219.6mm). Most sectors of the sales market have seen increases in activity. Multifamily continues to outpace the rest, accounting for 38% of the total volume transacted in Q1 2022 ($84.5mm). Multifamily and Retail are...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9817 Bluebonnet Blvd Price: $1,910,000 ($389 / SF) Buyer: United Community Bank Elifin's Notes: United Community Bank purchases Capital One bank branch on Bluebonnet Blvd near the Burbank Dr intersection. 7700 Perkins Rd Price: $1,833,000 ($193 / SF) Buyer: GoLeaux LLC Elifin's Notes: Its My Party location on Perkins Rd sells. 1112 Church...
