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Commercial Sales Report – May 2021

DOWNLOAD FULL REPORT (PDF) All commercial sales numbers in EBR Parish continue to trend above historical averages through May 2021. There have been a total of 203 commercial property sales recorded so far in 2021. This is the highest 5-month total (Jan-May) in the last 6 years. Through May, every sector except Land has seen more sales in 2021...

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The Pulse: Assisted Living Company Purchases 25+ Acres in Central

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2336 Highland Rd Price: $350,000 ($194 / SF) Buyer: AAA Family Inc Elifin's Notes: Big EZ convenience store sells just outside the north gates of LSU's campus. 10660 Coursey Blvd Price: $950,000 ($131 / SF) Buyer: BD Cohen Enterprise LLC Elifin's Notes: Legendary Import Group purchase their facility on the corner of...

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The Pulse: Hotel on Harding near Airport Sells

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8655 Bluebonnet Blvd Price: $475,000 ($186 / SF) Buyer: Salon du Sud LLC Elifin's Notes: Salon du Sud purchase their location on the corner of Bluebonnet Blvd and S Stanwick Pl. 10764 Florida Blvd Price: $180,000 ($90 / SF) Buyer: HBH Holding Company LLC Elifin's Notes: Retail property sells on Florida Blvd...

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The Pulse: Retail Center in Central sold for Over 5 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 631 S Eugene St Price: $110,000 ($76 / SF) Buyer: Chad Hughes Elifin's Notes: Baton Rouge restaurateur purchases Bonanno's Fine Catering property in Mid City off Government St. 14455 Wax Rd Price: $5,600,000 ($114 / SF) Buyer: WM Blanchard LLC Elifin's Notes: D'Argent Companies, an Alexandria-based real estate and investment company, purchase...

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The Pulse: Former Albertsons Sold and Floor and Decor Building Plans

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3180 Convention St Price: $500,000 ($77 / SF) Buyer: Capitol City Family Health Center Incorporated Elifin's Notes: Baton Rouge-based non-profit, Capitol City Family Health Center, purchases office off Convention St near the N Acadian Thwy intersection. 2623 Government St Price: $675,000 ($106 / SF) Buyer: Panoramic Properties LLC Elifin's Notes: The owners...

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Commercial Sales Report – April 2021

DOWNLOAD FULL REPORT (PDF) As we pass the 13-month mark since the COVID shutdown in March 2020, all sectors of the commercial real estate sales market in EBR Parish are trending above historical numbers. The total number of commercial sales is up 37% and the total dollar ($) volume of sales is up 41% compared to the previous 6-year...

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The Pulse: MidCity Apartment Complex Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 459 Apartment Court Dr Price: $1,060,000 ($44,167 / Unit) Buyer: 459 Apartment Court, LLC Elifin's Notes: A Florida-based investor purchases 24-unit apartment complex off Government St in Mid-City. 1701 Ryder Dr Price: $460,000 ($65,714 / Unit) Buyer: Military Highway Property LLC Elifin's Notes: Local multifamily investor purchases 7 unit apartment complex consisting...

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The Pulse: Proposed Zero Lot Line Subdivision near Millerville

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6647 Sullivan Rd Price: $1,100,000 ($30 / SF) Buyer: Trade Properties LLC Elifin's Notes: Local investor purchases retail property consisting of 5 buildings near the corner of Sullivan Rd and Greenwell Springs Rd in Central. 12154 Hooper Rd Price: $345,000 ($34,500 / Unit) Buyer: Izzy Property LLC Elifin's Notes: Local investor purchases...

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The Pulse: Block on Government Street Sold for 1.1m

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5734 S Sherwood Forest Blvd Price: $347,000 ($86 / SF) Buyer: Phamily N Co Elifin's Notes: Fully leased, 3-suite retail property sells off S Sherwood Forest Blvd just north of the Airline Hwy intersection. No Office Sales last week in EBR Parish   No Multifamily Sales last week in EBR Parish   Land...

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The Yard Milkshake Bar – As Seen on Shark Tank – Joins Highland Park Marketplace

DOWNLOAD PDF OF PRESS RELEASE April 15th, 2021 - Baton Rouge, LA – Will Chadwick of Elifin Realty and Brian Douglas Campbell Jr. of Big Horn Development are pleased to announce the most recent tenant to join Highland Park Marketplace, The Yard Milkshake Bar. Soon to be occupying Suite 408, The Yard Milkshake Bar is a specialty ice cream and milkshake shop...

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