News

15 Nov The Pulse: Former Winn Dixie and Interline Office Complex Sold

Posted at 08:55h 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 6031 Siegen Ln Price: $2,500,000 ($151 / SF) Buyer: YC Perkins LLC Elifin's Notes: Local investor purchases Siegen Lane Center, a retail strip center on the corner of Siegen Lane and Cloverland Ave 2572 Citiplace Ct Price: Withheld Buyer: 2572 Citiplace Property LLC Elifin's Notes: Fiery Crab owners purchases the restaurant's Citiplace...

10 Nov Agave Blue Tequila & Taco Bar Set To Join Americana Development

Posted at 09:54h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF OF PRESS RELEASE November 10th, 2021 - Baton Rouge, LA – Will Chadwick is pleased to announce the newest tenant to join the Americana development in Zachary, LA, Agave Blue Tequila & Taco Bar. Agave Blue opened their first location in Prairieville in 2015 and is run by husband-and-wife duo Stephanie and Sergio Rubio. After being partners in other restaurants,...

09 Nov Commercial Sales Report – October 2021

Posted at 08:22h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) 2021 is on track to produce the highest number of commercial sales in the last 6 years. There have been 412 commercial sales recorded year-to-date. The first 10 months of 2021 have recorded more transaction volume ($729.4mm) than any of the previous six calendar years. With 103 recorded sales so far in 2021, the Office sector accounts for 25%...

08 Nov The Pulse: Conn’s on Airline and Florida Blvd Retail Center Sold

Posted at 09:13h 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 2927 S Sherwood Forest Blvd Price: $450,000 ($146 / SF) Buyer: Kumar LLC Elifin's Notes: Local investor purchases former Mid-South Bank branch on the corner of S Sherwood Forest Blvd and Bricksome Ave. 8751 Siegen Lane Price: $1,275,000 ($546 / SF) Buyer: SW-Siegen LLC Elifin's Notes: ocal real estate agent purchases former...

04 Nov Crunch Fitness Set to Open First Louisiana Location at Hammond Aire

Posted at 14:15h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF OF PRESS RELEASE November 4th, 2021 - Baton Rouge, LA – Will Chadwick, Retail Specialist, is pleased to announce the lease of 40,000 square feet of premium retail space at Hammond Aire Plaza in Baton Rouge, Louisiana to Crunch Fitness. Crunch Fitness Baton Rouge is owned by Fitness Ventures, LLC. Headquartered in Orlando, FL. Fitness Ventures was acquired by Prospect...

01 Nov The Pulse: New Starbucks on Burbank

Posted at 07:52h 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 6817 Greenwell Springs Rd Price: $565,000 ($23 / SF) Buyer: Porter Holdings LLC Elifin's Notes: Local attorney purchases building situated on 3.92 acres near Greenwell Springs Rd and Airline Hwy. 4564 Bennington Ave Price: $685,000 ($122 / SF) Buyer: Elaine2020 Inc Elifin's Notes: Local investor purchases restaurant space on Bennington Ave near...

24 Oct The Pulse: Former Perkins YMCA and Sherwood Office Building Sell

Posted at 18:26h 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 12047 Old Hammond Hwy Price: $141,000 ($92 / SF) Buyer: Bao Dinh Nguyen Elifin's Notes: Office on Old Hammond Hwy sells. 12551 S Harrells Ferry Rd Price: $550,000 ($115 / SF) Buyer: CDR Property Inc Elifin's Notes: Heart 2 Heart Homecare Services, a Natchez-based home care company, purchase two office buildings on...

18 Oct Commercial Sales Report – September 2021

Posted at 10:43h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) After three full quarters of 2021, the commercial sales market continues to outpace historical 6-year averages. The number of commercial sales so far in 2021 (370) match or exceed the yearly total sales in 4 of the last 6 years. The 12-month moving average of total sales and total dollar volume transacted are currently higher than at any point...

18 Oct The Pulse: Downtown Office Building and Three Multi-Million Multifamily Sales

Posted at 07:09h 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 14635 S Harrells Ferry Rd (Unit 2B) Price: $135,000 ($128 / SF) Buyer: K & R Cattle, LLC Elifin's Notes: Local investor purchases office suite at the Forest Park Office Plaza. 17501 Jefferson Hwy, Suite E-4 Price: $175,000 ($146 / SF) Buyer: C-K Rental Properties LLC Elifin's Notes: Office suite sells at...

10 Oct The Pulse: Long Farm Apartments Sold, Proposed Major Commercial Subdivision

Posted at 23:51h 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 5055, 5075 Nicholson Drive Price: $34,700,000 ($144,583 / Unit) Buyer: Oakbrook St LLC Elifin's Notes: Oakbrook Apartments, a 240 unit complex south of LSU, sells to California-based investors. 18733 Samuels Rd Price: $1,989,000 ($6,630 / Unit) Buyer: Sweetbriar MH Community LLC Elifin's Notes: Mobile home community, Sweet Briar Estates, sells in Zachary. 16333...