News

364 acres purchased for new neighborhood

The July 10, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Trivento Development LLC, for developer Arthur Lancaster, bought 364 acres at Old Scenic Highway and Groom Road, with plans to develop a residential neighborhood. The other two sales were a retail property containing Big Boy Shop & Geaux at Old Hammond...

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Mayor-President to attend Mid City Tower Ribbon Cutting and Grand Opening

July 7, 2023- Baton Rouge, LA – Fabian Edwards, Office Specialist at ELIFIN®, is pleased to announce the official ribbon cutting ceremony and grand opening celebration of the newly renovated Mid City Tower, located at 5700 Florida Blvd, Baton Rouge, 70806. Over the last two years, owner Mike Leggett has brought the nearly 80,000 square foot Mid City Tower through an...

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8-story office building on Florida Blvd sold

The July 3, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Jonathan Cheplak, a Nevada-based buyer, bought a commercially zoned lot of more than three acres on Perkins Road. Office led the week with four of the nine sales, including an eight-story office building designed by A. Hays Town near Florida Boulevard...

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Investors purchase 31 acres in Segnette Park area

The July 3, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Ulloa Street LLC bought a 20-unit multifamily property at 3841 Ulloa Street in the Tulane/Gravier area. Multifamily led the week with three of the seven sales, while vacant commercial land at the corner of Jefferson Highway and Shrewsbury...

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T-Frere’s Bed and Breakfast sells

The July 3, 2023 issue covers ten commercial sales recorded across Lafayette the previous week. The headline deal: PREMIER STAFFING LLC bought an office property on West Congress Street between Saint John Street and South Washington Street. Land led the week with three of the ten sales, while a Maurice-based investor bought T-Frere's Bed and Breakfast, which operates out of...

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Top Permits issued in the New Orleans area, June 26, 2023

// Article originally appeared in New Orleans City Business on June 26, 2023 Over the past few weeks, permits have been filed for the ongoing new construction at 1300 Oretha Castle Haley Boulevard. Part of the former Brown’s Dairy site, the property named H3C Apartments is aimed to address the growing need for affordable housing, providing 192 new apartments, with 92...

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Bella Plaza retail center sells to local investors

The June 26, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WEM REALTY LLC bought an office property at 4412 Trenton Street in the Pontchartrain Garden area. Retail led the week with three of the eight sales, including FAST STOP REALTY LLC's purchase of the Bella Plaza retail strip...

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The Shops at Martial retail center sells

The June 26, 2023 issue covers six commercial sales recorded across Lafayette the previous week. The headline deal: RBG NAVARRE HOLDINGS LLC, a Lake Charles-based entity led by an auto dealership owner, bought The Shops at Martial retail center at the corner of East Martial Avenue and Kaliste Saloom Road. Retail led the week with two of the six sales,...

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The Armstrong Apartments on Burbank sell

The June 26, 2023 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Louisiana Baton Rouge LLC, for Massachusetts-based real estate investment and property management firm Aspen Square Management, bought the Armstrong Apartments, a 134-unit complex on Burbank Drive. Office led the week with three of the eight sales, including the Elliot Breast Clinic's...

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Palmetto Apartments sold

The June 19, 2023 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Palmetto Apartments LLC, a Hamdan Sons Investments-led entity, bought a large multifamily property at 3801 Joliet Street in the Dixon area. Multifamily and office led the week with two sales each, including office properties on South Carrollton Avenue...

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