News

Tsunami Sushi Opening Second Baton Rouge Location

February 15, 2022 - Baton Rouge, LA – Will Chadwick, Partner – Retail Sales & Leasing, is pleased to announce that Tsunami Sushi, a staple restaurant of downtown Baton Rouge for many years, will open their second Baton Rouge location in the @Highland Development at the corner of Highland Rd and Bluebonnet Blvd. “We are thrilled to be expanding our footprint...

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The Pulse: Celebration Station Property Sold to New Jersey Firm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10111 Gwenadele Ave Price: $2,706,197 ($315 / SF) Buyer: SCF RC Funding IV LLC Elifin's Notes: Celebration Station sells to Essential Properties, a New Jersey-based firm that invests in single tenant, triple net leased properties. 2750 Alaska Street Price: $3,600,000 ($40,000 / Unit) Buyer: Stadium View Apartments LLC Elifin's Notes: Local investors...

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The Pulse: Ochsner Purchases Former Runnel’s School Campus

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10190 Celtic Dr Price: $280,000 ($105 / SF) Buyer: Nga Thi Nguyen Elifin's Notes: Office sells by Celtic Studios near the Airline Hwy and Bluebonnet Blvd intersection. 718 Spanish Town Rd Price: $540,000 ($77,143 / Unit) Buyer: Red Stick Brothers LLC Elifin's Notes: A property in Spanish Town consisting of a duplex,...

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The Pulse: Magnolia Trace and Copper Ridge Apartments Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10528 Kentshire Ct Price: Withheld Buyer: J B Levert Land Company LLC Elifin's Notes: Local investor purchases office building off Bluebonnet Blvd south of the Perkins Rd intersection. Price withheld. 4041 Government St Price: $872,500 ($198 / SF) Buyer: 4041 Investments LLC Elifin's Notes: Local investor purchases mid-city office building next to...

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Manhattan Investors Purchase 374-Unit Portfolio In Tigerland

DOWNLOAD PDF OF PRESS RELEASE January 27, 2022- Baton Rouge, LA – Mark Segalla, Partner – Multifamily Sales, is pleased to announce the recent sale of two apartment complexes near LSU, Tiger Plaza (300 units) and Stadium Square (74 units). The sale of this 374-unit portfolio closed on January 19, 2022. The two complexes are located just south of LSU’s campus just...

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The Pulse: December Sales Report – Over 1 Billion Transaction Volume

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14635 S Harrell's Ferry Rd, Unit 2D Price: $155,000 ($147 / SF) Buyer: Jordan Bergeron Elifin's Notes: Office suite sells in the Forest Park Office Plaza. 13363 Hooper Rd Price: $310,000 ($160 / SF) Buyer: FLCH LLC Elifin's Notes: Gonzales-based investor purchases former Capital One branch in Central. No Multifamily Sales Recorded in...

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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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