The May 27, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: 5298 Highland Rd LLC, a New York-based investor, bought the Walgreens on the corner of Highland Road and Lee Drive. Retail and industrial accounted for two sales each, including an industrial property off Lobdell Boulevard bought by New Orleans-based...
Overall Dollar Volume is down 7.73% The trailing 12 month total dollar volume of sales was $545.8M at the end of Apr 2024 vs. $591.5M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 397 at the end of Apr 2024. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Baton-Rouge-LA-April-2024.pdf" attachment_id="11597" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
The May 20, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Ascension Parish Government bought 7.5+ acres within an existing 14+ acre tract fronting Weber City Road in Gonzales. Land accounted for two of the five sales, the other an 8+ acre portion of a 15+ acre tract near the...
The May 13, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Hailiang Lin bought the South Sherwood Forest Boulevard property formerly used as the Volcano Korean BBQ & Hot Pot restaurant. Retail and multifamily led the week with four sales each, including the Podnuh's BBQ on South Sherwood Forest Boulevard,...
The May 6, 2024 issue covers eleven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Jase Enterprises LLC bought a 1+ acre parcel of commercial land along Louisiana Highway 30 in Gonzales. Industrial led the week with three of the eleven sales, while GAP Hotels, a Lafayette-based hotel development and management company, bought the...
The April 29, 2024 issue covers twelve commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Ujjagar Investment LLC, a local investor, bought a vacant lot off Bluebonnet Boulevard near the Celtic Drive intersection. Land led the week with four of the twelve sales, while a local investor bought 28 residential homes throughout the Baton...
Overall Dollar Volume is down 3.17% The trailing 12 month total dollar volume of sales was $591.5M at the end of Mar 2024 vs. $610.8M at the end of the prior month. Overall Deal Velocity is down 4.1% The trailing 12 month sale count was 398 at the end of Mar 2024 vs. 415 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Baton-Rouge-LA-March-2024.pdf" attachment_id="11416"...
The April 22, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: FNLR Non-Friction LLC, California-based buyers, bought a large industrial facility and vacant lot on the corner of Wilbur Street and Rosenwald Road. Retail and office accounted for two sales each, including a three-suite retail property on Lee Drive that...
The April 15, 2024 issue covers ten commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Fen Xu, owner of EE Kitchen & Bath, bought the company's building on South Sherwood Forest Boulevard. Multifamily led the week with four of the ten sales, including three complexes bought by New York investors with prices withheld: the...
The April 8, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Modern Metals Recycling LLC bought a facility on Airline Highway in Prairieville. Retail led the week with four of the eight sales, while the owner of Robinson Brothers Ford bought the Simple Simon tire shop on Airline Highway and...
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