DOWNLOAD FULL REPORT (PDF) Through June 2021, the commercial sales market continues to outpace the previous six years in total number of sales and dollar volume. There has been a total of 255 commercial property sales recorded so far in 2021, at a dollar volume of over $415 million. These numbers exceed the previous highs of 2018 and represent a...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 601, 603 Spanish Town Rd Price: $1,020,000 ($170,000 / Unit) Buyer: Dupree Apartment Holdings LLC Elifin's Notes: The Dupree Apartments located in the Spanish Town Historic District sell to a local investor for $170,000 per unit. 7423 Picardy Ave, Suite D Price: $135,000 ($135 / SF) Buyer: Kwame Buabeng Elifin's Notes: Medical...
DOWNLOAD PDF OF PRESS RELEASE July 7th, 2021 - Baton Rouge, LA – The Yard Milkshake Bar, operated by local franchisees Marc & Tracy Couvillion, has announced a grand opening date of Friday, July 9th at 12:00pm (noon) for their new location at Highland Park Marketplace in Baton Rouge. Located in Suite 408 at Highland Park Marketplace, The Yard Milkshake Bar is...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5252 S Sherwood Forest Blvd Price: $1,150,000 ($111 / SF) Buyer: Ruben Properties LLC Elifin's Notes: El Paso Mexican Grill owner purchases former Golden Coral space on S Sherwood Forest Blvd. 11713 Plank Rd Price: $162,500 ($45 / SF) Buyer: Emseter Faza Haifa Elifin's Notes: Former Sport's Connection site sells on the...
DOWNLOAD PDF OF PRESS RELEASE June 28th, 2021 - Baton Rouge, LA – Elifin Realty is pleased to announce the sale of 4917 Florida Blvd in Baton Rouge, LA for $750,000. Formerly the location of Gerry Lane Buick Pontiac GMC, the ±4.61-acre property sits just west of N Foster Drive and features over 450 feet of frontage along Florida Blvd. The central...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7777 Greenwell Springs Rd Price: $500,000 ($39/ / SF) Buyer: GGC Interests, LLC Elifin's Notes: The former Greco's Pet Supply store on Greenwell Springs Rd near the Airline Hwy intersection sells to local investor. 2313 S Acadian Thwy Price: $907,000 ($605 / SF) Buyer: Louisiana Workers' Compensation Corporation Elifin's Notes: The LWCC...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1804 N Harco Dr Price: $310,000 ($38,750 / Unit) Buyer: Oscar Vinson Elifin's Notes: Investor purchases two duplexes and a fourplex on N Harco Dr. 11420 Bard Ave Price: $2,950,000 ($67,045 / Unit) Buyer: Englade Investments LLC Elifin's Notes: A Hammond-based investor purchases Sherwood Shadow Condos, a 44-unit complex near the corner...
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...
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...
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...
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