News

268-Unit American Can mixed use development sells

The April 10, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ST.JOHN GARDEN DISTRICT HOUSE, LLC, California-based investors, bought a Garden District church with historic ties to the 1840s at 2930 Camp Street. Mixed-use and industrial led the week with three sales each, including an Uptown property with two...

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The Sterling apartments on Highland sell

The April 10, 2023 issue covers thirteen commercial sales recorded across Baton Rouge the previous two weeks. The headline deal: HPI Oliver LLC, for Connecticut-based real estate investment firm Hamilton Point Investments, bought the Oliver Apartments, a 192-unit student housing complex on Burbank Drive near LSU. Office led the week with five of the thirteen sales, while Minnesota-based Tailwind Group...

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Proposed 20-acre mixed use development off Highland Rd

The April 3, 2023 issue covers thirty-eight commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. The cases included The Village at Magnolia Woods, a proposed rezoning to a Planned Unit Development for a mixed-use development with low- and medium-density residential and commercial/office uses, along with a rezoning to let Gov't Taco serve alcohol in...

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IHOP in Harvey area sells

The April 3, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MDC ASSOCIATES L L C bought a retail property at 735 Elysian Fields Avenue in the Marigny. Retail led the week with five of the ten sales, including Hamdan Sons Investments LLC's purchase of an IHOP restaurant location...

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Market Report – Baton Rouge, LA – February 2023

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.67%. The trailing 12 month total dollar volume of sales was $1.133B at the end of Feb 2023 vs. $1.164B at the end of the prior month. Overall Deal Velocity is steady. The trailing 12 month sale count was 530 at the end of Feb 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/03/Market-Report-Baton-Rouge-LA-February-2023-ELIFIN.pdf" attachment_id="7228" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Famous Uptown Pascal’s Manale Restaurant sells

The March 27, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TEJANI HOLDINGS LOUISIANA LLC, Vinton, Louisiana-based investors, bought a two-building property with the former Jubilee Casino and a truck stop, gas station and restaurant at 15200 Chef Menteur Highway in the Venetian Isles area. Industrial led the week...

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California Firm purchases Dollar General on S Flannery

The March 27, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Big Boss Perkins LLC, a local investor, bought the Circle K on Perkins Road. Retail led the week with three of the nine sales, including a convenience store near LSU's North Gates bought by Big Boss Nicholson LLC and the Dollar...

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Magazine Street retail building sells

The March 20, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FORTY ELEVEN LLC bought a two-story retail building at 4011 Magazine Street in the Touro area. Retail and industrial led the week with three sales each, including Hamdan Sons Investments' purchase of a former Midas Auto Repair property...

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