23 Sep The Pulse: 14 Commercial Sales Last Week
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7979 Essen Park Ave SpringHill Suites by Marriott $3,727,298 Buyer: SRG Investment LLC $47,785.87/unit Elifin's Notes: New York-based realty trust sells SpringHill Suites by Marriott to SRG Investment, LLC. 8940 Bluebonnet Blvd $2,300,000 Buyer: First Bluebonnet, LLC $151/SF Elifin's Notes: Fully leased office building on Bluebonnet Blvd purchased by J. Brian Oliver, CEO of United Networks of America. 18247 Petroleum...
16 Sep The Pulse: More Multifamily Sales + Land Clearing Permit for 28 Acres on Burbank
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10235 Jefferson Hwy (Building 5) $472,500 Buyer: Metro 5 LLC $75/SF Elifin's Notes: Dr. Aimee Russo-Mounger, DDS of Smile Spa purchases pad site for development at six building medical park on Jefferson Hwy. 1136, 1138 W Chimes St $130,000 Buyer: Serenity Home Solutions LLC $65,000/unit Elifin's Notes: 2 Bedroom / 1 bath duplex sells near LSU. 13734, 13736 Goodwood...
09 Sep The Pulse: $30m Multifamily Purchase by Colorado Investment Group
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11999 Longridge Ave $16,000,000 Buyer: MIMG CLIV Longridge Sub, LLC & MIMG LR4 Longridge, LLC $111,111/Unit Elifin's Notes: Colorado based Monarch Investment and Management Group purchase Longridge Apartment complex off of S Sherwood Forest Blvd. 10920 Airline Hwy $14,900,000 Buyer: MIMG CLIV Dove Creek Sub, LLC & MIMG LR4 Dove Creek, LLC $89,759/Unit Elifin's Notes: Monarch Investment and...
03 Sep The Pulse: $20m Multifamily Sale + Former Barcadia Rezoning + New Bar on George Oneal
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12901 Jefferson Hwy $20,500,000 Buyer: Live Oaks Baton Rouge Apartments LLC $111,413/Unit Elifin's Notes: Live Oaks apartment complex at Jefferson Hwy and Stumberg Ln sells to New Orleans area investor. 6750 Harry Dr, 6751 Titian Ave, 6752 Titian Ave $3,300,000 Buyer: Block Investors LLC $37,500/Unit Elifin's Notes: New Orleans investor purchases apartment complex on Titian Ave,...
26 Aug The Pulse: $10m+ Hospitality Sale
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6080 Bluebonnet Blvd $6,046,321 Buyer: Maruti Investments 1, LLC $47,987/unit Elifin's Notes: The Hyatt Place hotel located near I-10 across Bluebonnet Blvd from the Mall of Louisiana sells to investor who also purchased TownePlace Suites by Marriott off Summa Ave on the same day. 8735 Summa Ave $4,095,007 Buyer: Maruti Invesments II, LLC $45,500/unit Elifin's...
23 Aug Preparing to Buy Your First Multifamily Property
Have you been thinking of buying a multifamily property? Finally ready to take the plunge? It can be as daunting as it is exciting. Remember, there are a multitude of things that you should consider prior to buying a multifamily property, especially if you plan to use the property for investment purposes as the multifamily sector can be incredibly lucrative....
19 Aug The Pulse – $8.5m Office Sale on Sherwood + BTR Airport Expanding Boundary
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4000 S Sherwood Forest Blvd $8,525,000 Buyer: 4000 Sherwood LLC & Sherwood 4 LLC $109/SF Elifin's Notes: Iconic South Sherwood Forest Blvd office building sold to investors, David Divincenti, Jr and Patrick Cusick. 2623 Government St $660,000 Buyer: RKB Investments LLC $103/SF Elifin's Notes: Investment group purchases Taylor Clark building in mid-city. 12481,12483 Warfield Ave $107,000 Buyer:...
16 Aug Taylor Clark Gallery Building on Government Street Sold – New Business Coming Soon
DOWNLOAD PDF August 16, 2019 - Baton Rouge, LA — Mathew Laborde, President & CEO at Elifin Realty, has announced the sale of the property located at 2623 Government Street in Baton Rouge. The building, originally constructed in the 1960’s, was designed by renowned architect A. Hays Town. Since its construction, Taylor Clark Gallery has occupied the building and the property is...
15 Aug Historic Downtown Building, Built in 1850, Brought to Market by Elifin Realty
DOWNLOAD PDF August 15, 2019 - Baton Rouge, LA — Elifin Realty has announced that it has listed the historic, 169-year-old property located at 232 Lafayette St in Downtown Baton Rouge. The two-story building, built in 1850, is rich with traditional design and unique character. As its original brick construction and metal beams remain, the property is currently the perfect template for...
14 Aug How To Save Money When Re-Signing Your Office Lease
For most businesses, the primary office space is a hub, home base and vital part of daily operations. However, leasing an office can be a company’s largest business expense. So, when it comes to re-signing your office lease it is important to be prepared. The following 5 tips will not only help you when re-signing your office lease but allow...
