News

14 Jun The Pulse: YWCA Expanding and 7mm Dollar Land Sale on Bluebonnet

Posted at 08:38h 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 Wyoming St (Portfolio) Price: $1,100,000 ($30,556 / Unit) Buyer: Triple L Melendez Investments LLC Elifin's Notes: Local investor purchases two apartment complexes totaling 36 units just north of LSU's campus off Nicholson Dr. 17451 Jefferson Hwy, Suite D Price: $130,000 ($115 / SF) Buyer: Quebedeaux Property Management, LLC Elifin's Notes: Quebedeaux Engineering...

07 Jun The Pulse: Three Former Bank Locations Sell to Local Investors

Posted at 08:08h 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 1747 O'Neal Lane Price: $325,000 ($125 / SF) Buyer: 1747 O'Neal Lane LLC Elifin's Notes: Local real estate agent purchases former credit union location on O'Neal Lane just north of the I-12 intersection. 5025 Hollywood St Price: $275,000 ($39 / SF) Buyer: Franklin & Juandrika Watson Elifin's Notes: The owners of Frank...

04 Jun Commercial Sales Report – May 2021

Posted at 13:12h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

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...

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

Posted at 21:41h 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 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...

24 May The Pulse: Hotel on Harding near Airport Sells

Posted at 08:31h 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 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...

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

Posted at 09:01h 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 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...

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

Posted at 08:19h 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 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...

07 May Commercial Sales Report – April 2021

Posted at 07:49h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

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...

03 May The Pulse: MidCity Apartment Complex Sold

Posted at 07:55h 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 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...

26 Apr The Pulse: Proposed Zero Lot Line Subdivision near Millerville

Posted at 07:59h 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 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...