A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5330 Dijon Dr Price: $700,000 ($126 / SF) Buyer: Tim Minh Tran and Ha Thi Thu Hoang Elifin's Notes: Local investors purchase medical office near the Essen Lane campus of Our Lady of the Lake. 3955 Government St, Building 8 Price: $240,000 ($86 / SF) Buyer: Kevin Simon Elifin's Notes: Investor purchases...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week There were no commercial sales recorded in EBR Parish last week. Upcoming Planning Commission Cases Rezoning for commercial development on Burbank Drive Submitted on 7/27/2021 by Shahzad Ghafoor. Proposed rezoning from Rural to Light Commercial One (LC1) on property located on the southeast corner of Burbank...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2333 Government St Price: $205,000 ($93 / SF) Buyer: Stokes Psychological Services LLC Elifin's Notes: Stokes Psychological Services purchase their Government St office building in Mid City. 759 S Acadian Thwy Price: $425,000 ($133 / SF) Buyer: GrandMary Properties LLC Elifin's Notes: Two-story office building sells off S Acadian Thwy near the...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9505 Airline Hwy Price: $371,500 ($69 / SF) Buyer: 11522 LLC Elifin's Notes: Airline Hwy property used by Pirouette Dance Studio sells to a local investor. 9550 Airline Hwy Price: $2,450,000 ($64 / SF) Buyer: PRC Baton Rouge LLC Elifin's Notes: Washington DC-based investors purchase the former Salsbury Dodge dealership on Airline...
DOWNLOAD FULL REPORT (PDF) Continuing the high activity trend of 2021, July 2021 brought the total number of commercial sales to 295, a 62% increase over this time in 2020 and a 45% increase over the 6-year average. All sectors are trending above their respective 6-year averages in total number of transactions and total dollar volume transacted. A total of $489mm has been...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1334 Florida St Price: $1,250,000 ($240 / SF) Buyer: Kayden Properties LLC Elifin's Notes: Mississippi-based investor purchases an Exxon branded gas station in Mid-City. 4422 Hwy 19 Price: Withheld Buyer: Boing Holdco, Inc Elifin's Notes: A North Carolina-based investor purchases Zachary car wash. Price withheld. 300 Wooddale Blvd Price: $1,950,000 ($43 / SF) Buyer: Hebert...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8966 Interline Ave, Suites D, E Price: $218,000 ($73 / SF) Buyer: Golden Holdings LLC Elifin's Notes: Two office suites sell in the Lacour De L'Ecrevisse Office Condominium off Interline Ave. 3541 Hwy 19 Price: $220,000 ($116 / SF) Buyer: Grace of God Christian Center Elifin's Notes: Grace of God Christian Center...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4610 Bluebonnet Blvd Price: $1,125,000 ($203 / SF) Buyer: Janera Holdings, LLC Elifin's Notes: Investor purchases office building at the Elms at Bluebonnet office park. 9373 Baringer Foreman Rd Price: $2,021,276 ($192 / SF) Buyer: Higher Grounds Holdings, LLC Elifin's Notes: Multi-tenant office building in Barringer Block sells. 5399 Mancuso Lane Price: $6,270,000 ($563...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10528 Kentshire Ct Price: $931,000 ($148 / SF) Buyer: Restic Companies LLC Elifin's Notes: Local investors purchases office building off Bluebonnet Blvd south of the Perkins Rd intersection. 7911 Wrenwood Blvd Price: $700,000 ($120 / SF) Buyer: GAB Properties LLC Elifin's Notes: The owner of Mesh Advertising purchases office building in the...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4983 Bluebonnet Blvd Price: $757,000 ($216 / SF) Buyer: Team Smith Properties LLC Elifin's Notes: Local real estate agent purchases office building in the Magnolia Courts Office Park. 11919 Sunray Ave (Units C and D) Price: $100,000 ($37 / SF) Buyer: Rood's Real Estate LLC Elifin's Notes: Local investor purchases two office...
