News

28 Sep The Pulse: Proposed 3-story Office Building Near Towne Center

Posted at 12:00h 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 10988 N Harrells Ferry Rd, Suite 7 Price: $600,000 ($100 / SF) Buyer: Fangting Liang and Xiurong Li Elifin's Notes: Local investors purchase suite leased to Transformyx in Myrtle Lake Plaza Office Park. 11240 Cedar Park Ave Price: $300,000 ($112 / SF) Buyer: AGP Investments LLC Elifin's Notes: Local investor purchases building...

21 Sep The Pulse: Proposed Bar/Lounge Adjacent to Millennial Park on Florida

Posted at 12:00h 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 333 3rd St Price: $1,725,000 ($188 / SF) Buyer: Triple Three LLC Elifin's Notes: City Bar owners purchase their building on 3rd Street 10770 Florida Blvd Price: Withheld Buyer: Tam Van Nguyen Elifin's Notes: Mississippi investor purchases Circle K at the corner of Florida Blvd and McGehee Dr. Price withheld. 2265 O'Neal Lane Price:...

14 Sep The Pulse: Six Office Sales Last Week

Posted at 12:00h 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 4580 Bluebonnet Blvd Price: $973,895 ($163 / SF) Buyer: JCC Holdings LLC Elifin's Notes: Local doctor purchases office building off Bluebonnet Blvd south of the Jefferson Hwy intersection. 3622 Government St Price: $390,000 ($163 / SF) Buyer: Mercantile Holdings LLC Elifin's Notes: Historic A. Hays Town office building on Government St sells...

14 Sep Commercial Sales Report – August 2020

Posted at 08:09h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase Two of the federal government’s plan for reopening throughout the month of August. Dollar volume of sales for all commercial property transactions year to date is currently 18.79% lower than the previous 5-year low in 2016. Throughout the pandemic, the number and dollar volume of retail transactions has remained notably higher than previous years....

07 Sep The Pulse: New McDonald’s Near Costco Sold

Posted at 12:00h 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 10011 Dawnadele Ave Price: Withheld Buyer: BINGO I, LP Elifin's Notes: California-based company purchases McDonald's just built next to the Costco on Airline Hwy. Price withheld. 8967 Jefferson Hwy Price: $900,000 ($234 / SF) Buyer: NLA Baton Rouge CK, LLC Elifin's Notes: Alabama-based firm purchases former Kean's location. 10528 Kentshire Ct Price: $317,000 ($50...

31 Aug The Pulse: Office Near S Sherwood Forest and I-12 Sells

Posted at 12:00h 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 3045 Westfork Dr Price: $840,000 ($94 / SF) Buyer: Sonco Capital LLC Elifin's Notes: Dynamic Construction Group purchase office building near the intersection of S Sherwood Forest Blvd and Southfork Ave. 601 Napoleon St Price: $375,000 ($174 / SF) Buyer: Belacloux Properties LLC Elifin's Notes: Belanger Interiors owners purchase office building in...

24 Aug The Pulse: Four Retail Sales Last Week

Posted at 12:00h 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 2330 O'Neal Lane Price: Withheld Buyer: Greenridge Retail LLC Elifin's Notes: Houston-based investor purchases Racetrac off O'Neal Lane. Price withheld. 11020 Airline Hwy Price: Withheld Buyer: Sunbelt Properties of Mississippi LLC Elifin's Notes: Sunbelt Lightning purchase Enterprise Car Rental facility near the Airline Hwy, Jefferson Hwy intersection. Price withheld. 2509 Gardere Lane Price: $250,000...

17 Aug The Pulse: Proposed Conversion of Floors in Chase South Tower

Posted at 12:00h 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 4311 Bluebonnet Blvd Price: $775,000 ($193 / SF) Buyer: Jacoj Properties & Investments, LLC Elifin's Notes: Local investor purchases office building in Parc at Claycut Bayou Office Park. 329 St Ferdinand St Price: $365,000 ($118 / SF) Buyer: JCS Metro Investments LLC Elifin's Notes: Local investor purchases office in Beauregard Town just...

14 Aug Commercial Sales Report – July 2020

Posted at 12:00h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...

10 Aug The Pulse: Large Cold Storage Facility Sold for 6 Million

Posted at 12:00h 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 12470 Hooper Rd Price: $371,250 ($93 / SF) Buyer: Kingfish LLC Elifin's Notes: Crossfit gym on 3.9 acres sells in Central on Hooper Rd. 8194 Plank Rd Price: $185,000 ($96 / SF) Buyer: City of Baton Rouge / Parish of East Baton Rouge Elifin's Notes: The City of Baton Rouge purchases former...