The Pulse: Proposed 2.8 Million SF Distribution Center at Cortana Mall

A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

10706 Florida Blvd
Price: $2,433,835 ($998 / SF)
Buyer: POP-BR LLC
Elifin’s Notes: California-based investor purchases Popeyes on Florida Blvd near the McGeHee Dr intersection.
5652 Government St
Price: $875,000 ($103 / SF)
Buyer: Hole in the Wall Holdings LLC
Elifin’s Notes: Real estate agent Lawrence Maestri purchases Dollar General on Government St near the Jefferson Hwy intersection.
Florida St at N Acadian Thwy
Price: $625,000 ($58 / SF)
Buyer: Bentbart II LLC
Elifin’s Notes: Vacant retail building across from BR General Mid-City purchased by Collis Temple, III from Todd Graves and Robert Daigrepont, Jr.
5912 Main St
Price: $250,000 ($11.96 / Land SF)
Buyer: Zachary’s HBIC II LLC
Elifin’s Notes: Car wash sells across the street from the Walmart in Zachary.
14831 Blackwater Rd
Price: $375,000 ($45 / SF)
Buyer: Ode Investment Properties LLC
Elifin’s Notes: Pit Stop Auto Shop owners purchase Sonny’s Auto Repairs in Central on the corner of Blackwater Rd and Dyer Rd.

No Multifamily Sales last week.

No Office Sales last week.

Industrial Sales

9150 Greenwell Springs Rd
Price: $1,200,000 ($19 / SF)
Buyer: Gulf Coast International Investment LLC
Elifin’s Notes: Grabince Cabinetry & Granite owner purchase office/warehouse off Greenwell Springs Rd near the Joor Rd intersection.
3960 North St
Price: $175,000 ($19 / SF)
Buyer: Manuel Properties LLC
Elifin’s Notes: Manuel Sheet Metal owner purchases office/warehouse facility from Airtrol Engineering Company.

Land Sales

555 Lofaso St
Price: $140,000 ($5.74 / Land SF)
Buyer: W Investments LLC
Elifin’s Notes: Metro Mechanical Inc president purchases industrial zoned lots on the corner of North St and Lofaso St from Airtrol Engineering Company.

Upcoming Planning Commission Cases

Distribution Center at Cortana Mall

  • Submitted on 1/7/2021 by Taylor Gravois – CSRS, Inc (Engineer representing the Developer). Proposed to tear down old Cortana Mall structure and build a brand new 2.8 million square foot distribution center.
  • ApplicationView on Map

Commercial Permits Issued Last Week

The East Baton Rouge Permit Office is experiencing technical difficulties with their online dataset(s). We will include all issued permits once they are available.
Elifin Realty
Elifin Realty
marketing@elifinrealty.com
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