The May 1, 2023 issue covers sixteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Cardinal Hill Real Estate LLC, for Assurance Financial, bought the company's first-floor office in The Cardinal Hill office building on Jefferson Highway. Office and multifamily led with five sales each, including Assisi Village, Calais House and Chateau Louise, three 67-unit affordable...
The April 24, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Ishwar Krupa 2023 LLC, a Denham Springs buyer, bought the Siegen Inn, a 57-room hotel on Honore Lane off Siegen Lane. Retail led the week with three of the five sales, including La-Z-Boy Inc's purchase of its local franchise location on...
The April 17, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Baton Rouge Acquisitions LLC, for Commercial Properties Realty Trust, bought approximately 30 acres on Nicholson Drive between downtown and LSU, bought from Goldman Sachs. Land accounted for two of the five sales, and Mimosa by ME LLC bought an industrially zoned...
The April 10, 2023 issue covers thirteen commercial sales recorded across Baton Rouge the previous two weeks. The headline deal: HPI Oliver LLC, for Connecticut-based real estate investment firm Hamilton Point Investments, bought the Oliver Apartments, a 192-unit student housing complex on Burbank Drive near LSU. Office led the week with five of the thirteen sales, while Minnesota-based Tailwind Group...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 3.05% The trailing 12 month total dollar volume of sales was $1.098B at the end of Mar 2023 vs. $1.133B at the end of the prior month. Overall Deal Velocity is down 0.36%. The trailing 12 month sale count was 528 at the end of Mar 2023 vs. 530 at the end of the prior...
The April 3, 2023 issue covers thirty-eight commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. The cases included The Village at Magnolia Woods, a proposed rezoning to a Planned Unit Development for a mixed-use development with low- and medium-density residential and commercial/office uses, along with a rezoning to let Gov't Taco serve alcohol in...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.67%. The trailing 12 month total dollar volume of sales was $1.133B at the end of Feb 2023 vs. $1.164B at the end of the prior month. Overall Deal Velocity is steady. The trailing 12 month sale count was 530 at the end of Feb 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/03/Market-Report-Baton-Rouge-LA-February-2023-ELIFIN.pdf" attachment_id="7228" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
The March 27, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Big Boss Perkins LLC, a local investor, bought the Circle K on Perkins Road. Retail led the week with three of the nine sales, including a convenience store near LSU's North Gates bought by Big Boss Nicholson LLC and the Dollar...
The March 20, 2023 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: JM Test RE Acquisition LLC, for Chicago-based business investment firm Kanbrick, bought JM Test Systems' facility on Tom Drive as part of Kanbrick's purchase of the company. Industrial and office led with four sales each, while local investors bought the Sherwood...
The March 13, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: FIDC 131 LLC, for Ohio-based Cocca Development, bought the former Lancaster House location on Hooper Road in Central. Retail led the week with three of the seven sales, including the Chicken Shack at Scotland Avenue and Scenic Highway, bought by the...
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