18 May The Pulse: April Commercial Sales Report Released
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2919 Perkins Rd Price: $435,000 ($248 / SF) Buyer: Mars-Cole LLC Elifin's Notes: DiGiulio Brothers owners purchase neighboring restaurant space used by Rama Thai Cuisine near the Perkins Rd Overpass. 9625 Airline Hwy Price: $625,000 ($159 / SF) Buyer: Mohammad Alowda Elifin's Notes: Advanced Car Care facility sells off Airline Hwy near...
12 May Commercial Sales Report – April 2020
DOWNLOAD FULL REPORT (PDF) As we began 2020, commercial sales were tracking on pace with the historical average. Due to the impact of COVID-19 and the Governor’s (stay-at-home) order during the latter part of March and entirety of April, millions of dollars in sale transactions were put on pause. Due diligence timeframes were extended and closing dates were pushed back while...
11 May The Pulse: Laser Tag Facility Sold for 1.95 Million
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5871 S Sherwood Forest Blvd Price: $1,950,000 ($88 / SF) Buyer: Parkview Baptist Church Foundation Elifin's Notes: Parkview Baptist Church purchases Laser Tag of Baton Rouge facility. 508 S Foster Dr Price: $1,760,000 Buyer: Farhad Soleimani Elifin's Notes: Two California-based investors purchase Jack-in-the-Box on the corner of Government St and S Foster...
04 May The Pulse: Family Dollar on Government St Sold to Dorsey Development
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3433 Government St Price: $1,450,000 ($100 / SF) Buyer: Avery DG Tec LLC Elifin's Notes: Dorsey Development purchases Family Dollar on the corner of Government St and S Acadian Thwy. 7725 Airline Hwy Price: Withheld Buyer: JJJ STNL1 LLC Elifin's Notes: California investor purchases Jack-In-The-Box on the corner of Airline Hwy and...
27 Apr 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...
24 Apr [CLIP] Open Office Floor Plans.. Now what? (After COVID-19)
George Bonvillain, Office Specialist at Elifin Realty, shares a few thoughts on how the COVID pandemic might effect how offices designed and used in the future....
20 Apr 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:...
13 Apr 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...
06 Apr 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...
01 Apr Is your office a little too, boring? 232 3rd Street with George Bonvillain
George Bonvillain, Office Specialist, has something to show you. A unique, downtown office with incredible amenities and extra upstairs square footage for free! 232 3rd Street is currently For Lease. See details on the space here: http://bit.ly/232Third Call George to tour: 800-895-9329...