Baton Rouge Tag

Market Report – Baton Rouge, LA – September 2024

Overall Dollar Volume is down 0.35% The trailing 12 month total dollar volume of sales was $423.9M at the end of Sep 2024 vs. $425.4M at the end of the prior month. Overall Deal Velocity is down 4.4% The trailing 12 month sale count was 348 at the end of Sep 2024 vs. 364 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/10/Market-Report-Baton-Rouge-LA-September-2024.pdf" attachment_id="13003"...

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Local nonprofit Cat Haven purchases office building

The October 7, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Florida - 11512 Lake Sherwood 2 LLC, Pittsburgh-based Orbital Engineering, bought an office on American Way just off South Sherwood Forest Boulevard. Office led the week with five of the eight sales, including an office building just north of...

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City of Baton Rouge purchases property on Greenwell St

The September 30, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Shree Raina 324 Lee LLC, local investors, bought a retail center on Lee Drive. Retail led the week with four of the thirteen sales, including two more Lee Drive retail centers that sold to local investors and a commercial...

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Market Minute: September Office Report

What's going on in the Office Market, with Fabian Edwards and Jacob Loveland. [embed]https://youtube.com/shorts/FRWCYiCCZLY[/embed] Transcript: The office market—there's been a little bit of, maybe, a sigh of relief. Everyone kind of sees the writing on the wall that we are trending back toward a more typical market cycle. Rates are going to continue to come down, and hopefully, that will cause more deals...

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Chick-fil-A purchases new restaurant location

The September 23, 2024 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Magnolia Ridge Logistics Investment LLC bought a 186+ acre tract of land on Woodbine Court in Prairieville. Land and retail accounted for three sales each, including the former Piccadilly location at Airline Highway and East Ascension Street in Gonzales,...

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Market Report – Baton Rouge, LA – August 2024

Overall Dollar Volume is down 7.03% The trailing 12 month total dollar volume of sales was $425.4M at the end of Aug 2024 vs. $457.5M at the end of the prior month. Overall Deal Velocity is down 2.93% The trailing 12 month sale count was 364 at the end of Aug 2024 vs. 375 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Baton-Rouge-LA-August-2024.pdf" attachment_id="12808"...

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Stanton’s Appliance purchases N Sherwood facility

The September 9, 2024 issue covers three commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: ChillCo Inc bought industrial properties on Airline Highway. All three sales were industrial, as Stanton's Appliance bought the company's North Sherwood Forest Drive facility and a local investor bought a building in the Industriplex corridor near Siegen Lane....

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City of Baton Rouge purchases church campus

The September 2, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Waring Oil Company LLC bought Lavigne Oil's industrial property on Proverbs Avenue near Coursey Boulevard. Retail accounted for two of the five sales, both with prices withheld, while the City of Baton Rouge bought a church campus and surrounding...

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