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A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5010 Mancuso Lane Price: $47,500,000 ($219,907 / Unit) Buyer: Citiscape Essen LLC Elifin's Notes: Citiscape at Essen apartments purchased by multi-family investor Jakob Medve. 728 North Blvd Price: $550,000 ($97 / SF) Buyer: MMO Group, LLC Elifin's Notes: MMO Group purchases corporate office building on North Blvd. 11736 Newcastle Ave Price: $467,500 ($83 /...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10319 Jefferson Hwy Price: $1,015,000 ($211 / SF) Buyer: Burn Rubber LLC Elifin's Notes: Local investor purchases office building on Jefferson Hwy. 3034 S Sherwood Forest Blvd Price: $625,000 ($122 / SF) Buyer: Signs in a Day, Inc. Elifin's Notes: Signs in a Day retailer purchases neighboring building on S Sherwood Forest...

Located at the corner of Airline Hwy and Baringer Foreman Rd in Baton Rouge, LA Multiple options available: ✅ Office space for lease and ready for immediate occupancy ✅ Commercial space for lease and ready for tenant customization and buildout ✅ Pad sites available for sale with build-to-suit packages negotiable. Call George for more details: 225-659-8654 Lease information – https://bit.ly/BarringerBlockLease Sale information – https://bit.ly/BarringerBlockSale...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12074 Newcastle Ave Price: $23,900,000 ($84,155 / Unit) Buyer: MIMG CLXXIV Afton Oaks LLC, MIMG FWCO Afton Oaks LLC, D&J Afton Oaks LLC Elifin's Notes: 284-unit Afton Oaks Apartment Homes on Newcastle Ave near S Sherwood Forest Blvd sells to Colorado-based Monarch Investment and Management Group. 3135 Highland Rd Price:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9181 Interline Ave Price: $10,489,000 ($380 / SF) Buyer: EGP 9181 Baton Rouge LLC Elifin's Notes: 100% occupied single-tenant Executive Centre on Interline Ave purchased by Easterly Government Properties. EGP is a real estate acquisition company that focuses primarily on the acquisition, development, and management of Class A...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3029 S Sherwood Forest Blvd Price: $1,950,000 ($54 / SF) Buyer: Kumar LLC Elifin's Notes: 50% leased office building off Sherwood sells to Hammond-based investor. 9542 Brookline Ave Price: $430,000 ($63 / SF) Buyer: Andie & P Trading LLC Elifin's Notes: Fully leased office building off of Drusilla Lane sold. 4325 Church St Price:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9801 Cortana Pl Price: $1,571,028 ($78 / SF) Buyer: Bridgestone Retail Operations, LLC Elifin's Notes: Nashville-based Bridgestone Retail Operations company purchases Firestone Complete Auto Care near Cortana Mall. 668 Main St Price: $165,000 ($103 / SF) Buyer: Quarels Investments, Inc Elifin's Notes: Local investor purchases former Hound Dogs bar downtown on Main...

DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase 3 of reopening throughout the month of October. The number of commercial property sales was up 57% month over month, with 44 sales in October 2020 compared with 28 sales in September 2020. While we have seen a decrease in activity overall and across the multifamily, office, and land sectors, the average price per...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10613 Burbank Dr Price: $3,399,551 ($1,555 / SF) Buyer: Tandem Columbus Equities, LLC Elifin's Notes: New Jersey-based investor purchases net-leased Popeyes off Burbank Dr near the Bluebonnet Blvd intersection. This represents a 5.35% cap rate. 8770 Elm Grove Garden Dr Price: $1,517,773 ($18,069 / Unit) Buyer: TBF Development, LLC Elifin's Notes: Alabama-based...

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