News

Highland Park Marketplace Attracting Both National and Local Businesses to South Baton Rouge

DOWNLOAD PDF March 11th, 2020 - Baton Rouge, LA – Will Chadwick of Elifin Realty and Brian Douglas Campbell Jr. of Big Horn Development have announced the addition of three new tenants to the shopping center development Highland Park Marketplace in South Baton Rouge. “We are still expecting construction to be completed by the summer and we’re continuing to sign quality...

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The Pulse: Corporate Blvd Land Sells for 8.8 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6031 Jones Creek Rd Price: $500,000 ($154 / SF) Buyer: Cobalt Realty LLC Elifin's Notes : Local investor purchases former MidSouth Bank branch on Jones Creek Rd. 3054 Perkins Rd Price: $325,000 ($81 / SF) Buyer: Red Sauce Boss Properties LLC Elifin's Notes : Pinetta's European Restaurant owner purchases the building used...

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Former Gerry Lane Facility on Florida Boulevard Hits the Market

DOWNLOAD PDF March 9th, 2020 - Baton Rouge, LA – Mathew Laborde and Will Chadwick, of Elifin Realty, have announced that they are bringing the property located at 4917 Florida Boulevard to market.   The location, formerly occupied by Gerry Lane, sits near the intersection of Florida Boulevard and N Foster Drive in a high traffic corridor of Baton Rouge that has seen...

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Spanish Town Office Space in Downtown Baton Rouge – The Best of Both Worlds

Most people in Baton Rouge are probably familiar with the Spanish Town neighborhood. Beautiful homes, incredible architecture, and classic Southern charm. Some people might think that in order to be a part of this incredible neighborhood you simply have to buy a house here. Well I'm here to tell you that most of those people would be wrong. 611 North Street,...

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The Pulse: Hammond Aire Sells & Street Name Change to Burrow Road

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Hammond Aire Shopping Center: Lot B-1-A-1, B-1-G, B-1-B-1-A Airline Hwy Price: Price Withheld Buyer: Hammond Aire, LLC, Mont Belview Properties V, LLC Elifin's Notes : Hammond Aire Plaza Shopping Center purchased by Hammond Aire, LLC and Mont Belview Properties V, LLC. Price withheld. 11726 Richcroft Ave Price: $435,000 ($24 /...

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The Right and Wrong Way to Divide a Market into Submarkets

Has anyone ever attempted to create submarkets? When analyzing trends in a real estate market, it can be very helpful to divide that market into submarkets because stats such as sale prices and transaction volume can differ greatly from one pocket of a Parish / County to another. Here are the submarkets Elifin Realty created for one of our recent research reports...

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The Pulse: Embassy Apartments Sell for $11.6 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3918, 3928, 3942, 3964 Gourrier Ave Price: $11,600,000 ($77,333 / Unit) Buyer: Tiger Pointe Owner LLC Elifin's Notes : New York firm CLK Properties purchases the Embassy Apartments, a 150 unit complex off Nicholson Dr near the LSU campus. 10040 Burbank Dr Price: Price Withheld Buyer: Agree Stores LLC Elifin's Notes :...

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The Pulse: Baton Rouge Medical Clinic Sells for $4.1 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 505 E Airport Ave Price: $4,122,000 ($318 / SF) Buyer: Yellowhammer Partners LLC Elifin's Notes : Peranich Huffman Net Lease Group, a Texas real estate brokerage firm specializing in single tenant medical office and dialysis property investment sales, purchase facility Baton Rouge Vascular Access clinic. 8046, 8050 Florida Blvd Price:...

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The Pulse: Is Your Office Too Boring?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7855 Howell Blvd Price: $7,175,000 ($94 / SF) Buyer: NEC Baton Rouge LP Elifin's Notes : Champion Medical Office Building sells to Texas-based investment firm, New Era Companies. 11930 S Harrell's Ferry Rd Price: $1,200,000 ($103 / SF) Buyer: Mallery Charles Mele II Elifin's Notes : Covington-based Mele Printing purchase Printing Tech...

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