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Commercial Sales Report – January 2021

DOWNLOAD FULL REPORT (PDF) A total of $45m was transacted in commercial sales volume in January 2021 in East Baton Rouge Parish, compared to $25.2m at this time last year–an increase of 78%. Commercial sales activity was up 48% in January 2021 compared to the average year-to-date figures over the previous 6 years. The Industrial sector saw a significant increase in activity (+223%)...

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New Orleans Healthy Food Business With New Pickup Concept Joining Highland Park Marketplace

DOWNLOAD PDF OF PRESS RELEASE February 24th, 2021 - Baton Rouge, LA – Will Chadwick of Elifin Realty and Brian Douglas Campbell Jr. of Big Horn Development are pleased to announce the latest tenant to join Highland Park Marketplace, Clean Creations. Clean Creations is a New Orleans-based healthy, gourmet food service. They create delicious, clean eats & treats and deliver them to...

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The Pulse: State National Building Downtown Sells

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2380 O'Neal Lane Price: $1,145,035 ($95 / SF) Buyer: 2380 Oneal, LLC Elifin's Notes: Local investor purchases office building off O'Neal Lane just south of I-12 intersection. 17461 Jefferson Hwy, Unit C Price: $122,500 ($128 / SF) Buyer: HJT Properties LLC Elifin's Notes: Office suite sells in the Highland Club Office condominium. No...

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The Pulse: Former North American Auto Location on Airline Sells

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9977 Airline Hwy Price: $1,200,000 ($205 / SF) Buyer: Benesh Properties LLC Elifin's Notes: Local investor purchases former auto dealership site off Airline Hwy near the I-12 intersection. 548 S Foster Dr Price: $225,000 ($237 / SF) Buyer: 548 Properties LLC Elifin's Notes: Retail property sells near the corner of S Foster...

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The Pulse: Bon Carre Technology Center Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7389 Florida Blvd Price: $8,000,000 ($25 / SF) Buyer: Edge 7389 Florida Blvd LLC Elifin's Notes: Glacier Global Partners, a New York-based investment firm, purchase Bon Carre Business Center on the corner of Florida Blvd and Lobdell Blvd. 2414 Bunker Hill Dr Price: $4,140,000 ($27 / SF) Buyer: 2414 Bunker Hill...

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Entire Mid City Block Purchased by CareSouth Medical & Dental

DOWNLOAD PDF February 3rd, 2021 - Baton Rouge, LA – Elifin Realty is pleased to announce the sale of a ±2.03-acre parcel of land located at 749, 759 Scenic Hwy in Baton Rouge. The property consists of an entire city block situated between Scenic Hwy, Gayosa St, N 20th St, and Spanish Town Road in Mid City North. CareSouth Medical & Dental (Capitol...

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Church & School Campus on Florida Blvd sold for $1.25 Million

DOWNLOAD PDF February 2nd, 2021 - Baton Rouge, LA – Elifin Realty is pleased to announce the sale of 10925 Florida Blvd in Baton Rouge, LA for $1,250,000. The property totals approximately 41,833 SF on 3.78 acres and includes a sanctuary, administrative building, classrooms, full kitchen, assembly space, gymnasium, and a sizeable parking lot. Mathew Laborde, CCIM of Elifin Realty represented both parties...

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The Pulse: Pine Grove Apartments Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11440 Bard Ave Price: Withheld Buyer: 11440 Bard Avenue Associates LLC Elifin's Notes: Michigan-based Contour Companies purchases Pine Grove Apartments near the corner of N Sherwood Forest Dr and Bard Ave. Price withheld. 9343 Florida Blvd Price: $536,000 ($78 / SF) Buyer: Skylight Holdings LLC Elifin's Notes: The owner of the Galileo...

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The Pulse: 36 Acres on Burbank Dr Sold for over 3.1 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7529 Perkins Rd (Units 150-A-1, 250-300) Price: $770,000 ($83 / SF) Buyer: Fangting Liang Elifin's Notes: Local investors purchases seven office suites in a mixed used office/retail business park near the corner of Perkins Rd and Essen Lane. 9718 Sullivan Rd Price: $315,000 ($88 / SF) Buyer: GDC Properties, LLC Elifin's Notes:...

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