News

21 Mar The Pulse: Aspen Apartments Sold and New Proposed Hannah Q

Posted at 08:14h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2022 North Lobdell Boulevard Price: Withheld Buyer: AB Aspen Apartments Owner LLC Elifin's Notes: Miami-based investors purchase the Aspen Apartments, a 117 unit apartment complex off Lobdell Blvd. Price withheld. 9449 Hampton Way Price: $461,000 ($57,625 / Unit) Buyer: Paige Holdings LLC Elifin's Notes: Florida-based investor purchases 8 unit apartment complex just...

16 Mar Bernhard Normand Construction Sells Garden Office Building For Record Price

Posted at 07:24h in News, Press Releases by ELIFIN® 0 Comments

February 15, 2022 - Baton Rouge, LA – George Bonvillain, Partner and Office Specialist, is pleased to announce the recent sale of Building 1 in Goodwood Office Park on Jefferson Highway. The final available building at Goodwood Office Park has sold for over $285 per square foot setting a new high for garden office sales in Baton Rouge. Developed by Bernhard...

14 Mar The Pulse: Multi-Million Dollar Retail and Multifamily Sales

Posted at 09:41h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5955 Airline Hwy Price: $6,115,000 ($415 / SF) Buyer: Exchangeright Net-Leased Portfolio 54 DST Elifin's Notes: California-based investor purchases Walgreens on the corner of Airline Hwy and Greenwell St. 6254 Florida Blvd Price: $1,120,000 ($79 / SF) Buyer: RR Company of America LLC Elifin's Notes: Retail strip center sells on the corner...

07 Mar The Pulse: Siegen Shopping Center Sold – New Crumbl Cookies

Posted at 08:41h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6725, 6745, 6875, 6911, 6971, 7055 Siegen Lane Price: Withheld Buyer: Siegen Plaza Retail Associates LLC Elifin's Notes: Fidelis, a Texas-based real estate investment firm, purchases Siegen Lane shopping center with Olive Garden, Chick-fil-a, Ross, Petco, and Home Goods as tenants. Price withheld. 5909 Bluebonnet Blvd Price: $5,075,000 ($157 /...

28 Feb The Pulse: Central Domino’s and Urgent Care in Baker Sold

Posted at 08:51h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10544 Sullivan Rd Price: $1,005,000 ($319 / SF) Buyer: H & W Ventures LLC Elifin's Notes: Central City retail property anchored by Domino's sells on Sullivan Rd near the Wax Rd intersection. 13435 Hooper Rd Price: $670,000 ($266 / SF) Buyer: Shujat Holding Company Elifin's Notes: Circle K in Central sells to...

21 Feb The Pulse: Commercial Sales and Tsunami Sushi New Location

Posted at 07:57h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2211 Weymouth Dr Price: $625,000 ($114 / SF) Buyer: 2211 Weymouth LLC Elifin's Notes: Office off Drusilla Lane sells to Chicago-based investor. 216 S Foster Dr Price: $1,689,781 ($47 / SF) Buyer: 216 S Foster Drive LLC Elifin's Notes: Baton Rouge Detox facility on S Foster Dr sells to Brooklyn-based investor. 4626 Sherwood...

15 Feb Tsunami Sushi Opening Second Baton Rouge Location

Posted at 10:35h in News, Press Releases by ELIFIN® 0 Comments

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...

12 Feb The Pulse: Celebration Station Property Sold to New Jersey Firm

Posted at 19:50h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

07 Feb The Pulse: Ochsner Purchases Former Runnel’s School Campus

Posted at 07:58h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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,...

30 Jan The Pulse: Magnolia Trace and Copper Ridge Apartments Sold

Posted at 20:51h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...