Baton Rouge Tag

Former George’s Building Under Perkins Overpass Sold

The September 19, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: TV Eden Point LLC, California-based investors, bought Eden Point Apartments, a 186-unit complex on Old Hammond Highway. Multifamily and retail led with two sales each, including 62 units in the Colonial Terrace Condominiums on Wooddale Boulevard that sold and the former...

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Arlington Cottage Apartments sell to Chicago Investors

The September 12, 2022 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Louisiana Paradigm LLC, a local investor, bought the Republic Finance building on Commerce Circle in Towne Center in a lease-back agreement. Retail led the week with four of the eleven sales, including Raising Cane's purchase of its Siegen Lane restaurant, while...

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New Charter School Coming to Siegen Lane

September 6, 2022- Baton Rouge, LA – Keagan Finley, Vice President, is pleased to announce the sale of a 7.196-acre tract near the corner of Siegen Lane and Perkins Road. The seller in the transaction was the well-known local swim club, Crawfish Aquatics, and the buyer was a local developer who develops public charter schools for Building Hope, a national nonprofit...

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Baton Rouge General Purchases Land

The September 5, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Acadian Place 2022 LLC, a Baltimore-based investor, bought the Acadian Place Apartments, a 120-unit complex on South Flannery Road near Goodwood Boulevard. Multifamily, office and industrial each accounted for two sales, while Colorado-based Flock Homes bought 18 fourplexes in the Gardere...

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Multiple Geaux Clean Car Wash locations sold to Investors

The August 29, 2022 issue covers sixteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Ross Gold LLC, the owners of Desselle Funeral Home, bought the funeral home's facility on Eddie Robinson Sr. Drive in downtown Baton Rouge. Retail led the week with seven of the sixteen sales, including six Geaux Clean Car Wash locations bought...

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Waffle House Purchases Lot on W Lee Drive

The August 22, 2022 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Orion Holdings LLC, for Orion Laboratories, bought CitiPlace Centre II, a two-story office building off Corporate Boulevard. Retail and land led with three sales each, including the Walgreens at Airline Highway and Old Hammond Highway, bought by a New York-based investor,...

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Commercial Sales Report – July 2022

DOWNLOAD FULL REPORT (PDF) Trading at an average of $77,951 per unit, Multifamily sales continue to outpace historical averages and the sector has higher transaction volume in 2022 than all other sectors. Industrial property sales are increasing in both velocity and volume based on 12-month moving averages and transaction volume is up 71% over last year at this time. Additionally,...

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Government Street Rezoning For Mixed Use Development

The August 8, 2022 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: Pinnacle Warehouse LLC bought an office building with a warehouse and a vacant 1.2-acre lot on Highlandia Drive. Office led the week with three of the ten sales, while local investors Lanny and Valerie Lewis bought 21 condominium units in the...

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