The December 9, 2024 issue covers fifteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Highway 23 LLC, a New Orleans area-based entity, bought the CVS Pharmacy property on Government Street. Office and industrial led the week with four sales each, including a medical office building just outside the OLOL campus that sold, while...
The December 2, 2024 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: 12301 Coursey LLC, local real estate investor Michael Diveincenti, Jr., bought a two-story office building on Coursey Boulevard. Office accounted for two of the seven sales, while a 0.8+ acre outparcel in the shopping center anchored by the newly...
The November 25, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Getty Leasing, New York-based real estate investment firm Getty Realty, bought the 7Brew coffee chain property on Essen Lane. Retail and industrial led the week with four sales each, while the owner of SERVPRO of East Baton Rouge bought...
The November 18, 2024 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Priceco West LC bought a 47+ acre parcel of land on South Burnside Avenue in Gonzales. Land and industrial led the week with three sales each, including the Hexion industrial-chemical property in Geismar, bought by an Ames, Iowa-based entity,...
Overall Dollar Volume is down 3% The trailing 12 month total dollar volume of sales was $412.0M at the end of Oct 2024 vs. $424.8M at the end of the prior month. Overall Deal Velocity is down 4.01% The trailing 12 month sale count was 335 at the end of Oct 2024 vs. 349 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Baton-Rouge-LA-October-2024.pdf" attachment_id="13297"...
The November 11, 2024 issue covers eleven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: MA Bluebonnet LLC, Chicago-based real estate investment firm Mon Ami Real Estate, bought two strip buildings in the Bluebonnet Parc Shopping Center, adjacent to the Mall of Louisiana. Industrial led the week with four of the eleven sales, while...
The November 4, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Templeton EBR LLC bought 200+ acres on Old Scenic Highway in Baker. Office led the week with five of the eight sales, while Oklahoma-based McGee Commercial Real Estate bought the Sage Rehabilitation Outpatient and Day Neuro building on Picardy...
The October 28, 2024 issue covers six commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Harvey Brothers Investments, LLC bought a multi-tenant office building on Corporate Boulevard. Office led the week with four of the six sales, including the AT&T retail/training office on South Sherwood Forest Boulevard, bought by a local office space investor,...
The October 21, 2024 issue covers six commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Country Place 20 LLC, Keystone Twenty 20 LLC and Milbank Twenty 20 LLC bought The Legacy at 2020, a 212-unit multifamily property on South Veterans Boulevard in Gonzales. Land led the week with three of the six sales, while...
The October 14, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: McBaton LLC, New Jersey-based investors, bought the McDonald's next to Costco on Dawnadele Avenue off Airline Highway. Industrial accounted for the other four sales, including two properties on Industrial Drive in Geismar bought by Charles Robert Carter Properties Inc....
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