The April 18, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Spires of Sherwood Holdings, LLC, for New Jersey-based investment company Ark Mortgage, bought Spires of Sherwood, a 124-unit complex on Old Hammond Highway. Multifamily and retail led with six sales each, as Brooklyn-based investors bought the Cabana Garden, Monet Court, Cezanne...
The April 11, 2022 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: Baton Rouge Hotel Group LLC, for Mississippi-based investment firm The Thrash Group, bought the Holiday Inn Express at 400 North Boulevard in downtown Baton Rouge. Self-storage and office properties led the week with three sales each, as Brooklyn-based Merit Hill Capital...
The April 4, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Lovango Too LLC, a California-based investor, bought the new Exxon-Kangaroo Express on Jefferson Highway near the I-12 overpass. Industrial led the week with three of the eight sales, including Lewco Specialty Products' purchase of a lot of more than nine acres...
The March 28, 2022 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: FDL 8000 Summa LLC, FDL Health Investors, bought Sage Rehabilitation Hospital on Summa Avenue just off Essen Lane. Healthcare led the week with four of the twelve sales, all bought by Shreveport-based FDL Health Investors, which also purchased Capitol House Nursing...
DOWNLOAD FULL REPORT (PDF) As the Multifamily sector continues to see increased activity, the commercial market as a whole is up 29% in number of transactions and up 50% in total volume compared to 7-year averages. There have been a total of 73 commercial sales recorded so far in 2022, compared to 75 at this time in 2021. However, at...
DOWNLOAD FULL REPORT (PDF) After a record year for commercial sales in 2021, the first month of 2022 has already outpaced previous years’ January figures in total dollar volume transacted with $92.3mm – largely driven by the Multifamily sector. While the average price per unit in Multifamily for January 2022 is lower than 2020 and 2021, the dollar volume transacted...
The March 21, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: a California-based investor bought the building leased by Affordable Dentures at 3203 South Sherwood Forest Boulevard, on the corner of Justice Avenue. Retail led the week with four of the eight sales, including a local investor's purchase of a former Circle...
February 15, 2022 - Baton Rouge, LA – George Bonvillain, Partner and Office Specialist, is pleased to announce the recent sale of Building 1 in Goodwood Office Park on Jefferson Highway. The final available building at Goodwood Office Park has sold for over $285 per square foot setting a new high for garden office sales in Baton Rouge. Developed by Bernhard...
The March 14, 2022 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: The Hive Investors LLC, a local investor, bought the River Palms Condominiums on North Third Street. Multifamily, retail, office and industrial each accounted for three of the thirteen sales, including a California-based investor's purchase of the Walgreens at Airline Highway and...
The March 7, 2022 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Agree Limited Partnership, Michigan-based real estate investment firm Agree Realty, bought the Haverty's Furniture property on Bluebonnet Boulevard near the Mall of Louisiana. Retail led the week with three of the six sales, including Texas-based Fidelis' purchase of the Siegen Lane...
No obligation. Takes under two minutes.