News

The Pulse: Downtown Lot Sold to LA Capitol FCU

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 759 Laurel St Price: $490,985 ($55.00 / Land SF) Buyer: LA Capitol Federal Credit Union Elifin's Notes : LA Capitol Federal Credit Union purchases vacant lot neighboring their downtown Baton Rouge location.   Upcoming Planning Commission Cases Pet Drive to Bascom Way Submitted 3/13/20 by Andrew McCandless. Proposed street name change...

Read More

The Pulse: 18 Unit Multifamily Deal Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Fuller Place Portfolio Price: $1,300,000 ($72,222 / Unit) Buyer: First of Many LLC Elifin's Notes : Local investor purchases 18 units in a fractured condominium of 70 homes constructed as 35 duplexes in the Live Oak Circle Condominiums subdivision off South Park Dr. 102, 112, 122 Henry Adams Rd Price:...

Read More

The Pulse: New Restaurant Planned on W Lee Dr

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8133 Plank Rd Price: Withheld Buyer: LGP Realty Holdings LP Elifin's Notes : CrossAmerica Partners purchase Shell branded convenience store on the corner of Plank Rd and Harding Blvd from Circle K. Price withheld. 646 N Foster Dr Price: $243,500 ($42 / SF) Buyer: Victory Properties LLC Elifin's Notes : Office building...

Read More

The Pulse: 34 Acre Site in South BR Acquired for Distribution Center

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9316 Burbank Dr Price: $1,780,000 ($593 / SF) Buyer: Blumenfeld BTR LLC Elifin's Notes : Jack in the Box near corner of Burbank Dr and Gardere Ln sells to a California investor. The property was listed for $1,833,000 and leased by Jack in the Box until 2028. 4600 Sherwood...

Read More

Louisiana-Based Family Restaurant, Off The Hook, Set to Open Fourth Location in Gonzales

DOWNLOAD PDF March 31st, 2020 - Baton Rouge, LA – Will Chadwick, Retail Specialist, has announced the closing of a lease at 437 N Airline Hwy in Gonzales, Louisiana. The property, a former Zaxby’s located near the corner of Airline Hwy and E Ascension St., will be the fourth location of Louisiana-based family restaurant, Off The Hook. The Cajun-style restaurant prides itself...

Read More

The Pulse: When will all businesses be open again?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5460 Airline Hwy Price: Withheld Buyer: NADG NNN CHU (BAT-LA) LP Elifin's Notes : NADG NNN Reit, an investment firm focusing on high visibility single tenant properties, purchases Church's Chicken location on the corner of Airline Hwy and McClelland Dr. Price withheld. Tract A-1-B-1 Groom Rd Price: $189,000 ($5.49 /...

Read More

The Impact of COVID-19 on The Real Estate Market – Interview w/ Mathew Laborde of Elifin Realty

How is this Coronavirus Pandemic affecting this real estate industry? Maurice Velasquez of Team Real World talks with Mathew Laborde of Elfin Marketing to dissect what we are seeing now in the real estate industry, opportunities people see to help others in this situation, what we can see coming down the pipeline and what you can be doing to prepare...

Read More