The December 18, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $7.41M in disclosed volume. The headline deal: Old Dominion Freight Line, Inc paid $2.4M ($2.89/Land SF) for land on North Airway Drive near the Amazon fulfillment center. Retail and industrial led the week with three sales each, as The Greater Baton Rouge Airport...
The December 11, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $9.53M in disclosed volume. The headline deal: Ryan Jumonville, a Florida-based real estate investor, paid $4.2M ($160.61/SF) for the former Baton Rouge International School campus on Autoplex Drive. Industrial led the week with five of the eleven sales, including an industrial complex with...
The December 4, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $3.7M in disclosed volume. The headline deal: By & Bette Office LLC, local Baton Rouge investors, paid $1.38M ($278.34/SF) for the Shipley Do-Nuts-anchored retail center on Essen Lane. Office led the week with three of the five sales, including an office building in...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.18% The trailing 12 month total dollar volume of sales was $665.9M at the end of Oct 2023 vs. $680.8M at the end of the prior month. Overall Deal Velocity is up 2.59% The trailing 12 month sale count was 436 at the end of Oct 2023 vs. 425 at the end of the prior...
The November 27, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $3.46M in disclosed volume. The headline deal: Belfair Baptist Church, Inc paid $1.8M ($53.90/SF) for an office building at Florida Boulevard and Cloud Drive. Office led the week with three of the five sales, including a Class A office building in the Oaks...
The November 20, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week, totaling $3.33M in disclosed volume. The headline deal: Monkey See Monkey Do LLC, local investors and real estate agents Steve Davis Jr. and Lawrence Maestri, paid $1.65M for Perkins Palms, a mixed-use property with multifamily and retail space on Perkins Road. The other two...
The November 13, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $4.23M in disclosed volume. The headline deal: Horizon Land and Development, LLC, a Mississippi investor, paid $1.38M ($137.50/SF) for a 10,000 SF office building at 501 Louisiana Avenue downtown. Office and retail led with two sales each, as a local engineering firm bought...
The November 6, 2023 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $3.82M in disclosed volume. The headline deal: Baton Rouge Boardwalk Hospitality Inc paid $1.3M ($25,000/unit) for the Baymont by Wyndham Baton Rouge, a 52-unit hotel on Boardwalk Drive off South Sherwood Forest Boulevard. Office led the week with three of the eight sales,...
The October 30, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $4.62M in disclosed volume. The headline deal: Catering Cajun Properties LLC, for Wayne Stablier, paid $800K ($68.97/SF) for an industrial property on North Airway Drive. Industrial and office led with four sales each, while local investors bought a 10-unit apartment building in Mid...
The October 23, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $11.7M in disclosed volume. The headline deal: Maruti Hotel LLC paid $3.7M ($47,436/unit) for the Microtel Inn & Suites, a 78-unit hotel on Harding Boulevard at Howell Boulevard. Industrial led the week with three of the nine sales, including a South Choctaw Drive...
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