The March 21, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $7.29M in disclosed volume. The headline deal: a California-based investor paid $2.92M ($812/SF) for 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...
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, totaling $22.2M in disclosed volume. The headline deal: The Hive Investors LLC, a local investor, paid $7.9M ($81,443/unit) for 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...
The March 7, 2022 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $5.78M in disclosed volume. The headline deal: Agree Limited Partnership, Michigan-based real estate investment firm Agree Realty, paid $5.08M ($157/SF) for the Haverty's Furniture property on Bluebonnet Boulevard near the Mall of Louisiana. Retail led the week with three of the six sales,...
The February 28, 2022 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $10.9M in disclosed volume. The headline deal: CSBR Investment LLC, Georgia-based Prime Hospitality Management and Investment Group, paid $5.5M ($45,833/unit) for the Wyndham Garden Baton Rouge at the corner of Bluebonnet Boulevard and I-10. Retail led the week with three of the eight...
The February 21, 2022 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $5.54M in disclosed volume. The headline deal: 216 S Foster Drive LLC, a Brooklyn-based investor, paid $1.69M ($47/SF) for the Baton Rouge Detox facility on South Foster Drive. Office led the week with six of the eleven sales, including Girl Scouts Louisiana East's...
February 15, 2022 - Baton Rouge, LA – Will Chadwick, Partner – Retail Sales & Leasing, is pleased to announce that Tsunami Sushi, a staple restaurant of downtown Baton Rouge for many years, will open their second Baton Rouge location in the @Highland Development at the corner of Highland Rd and Bluebonnet Blvd. “We are thrilled to be expanding our footprint...
The February 12, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $9.84M in disclosed volume. The headline deal: Stadium View Apartments LLC, local investors, paid $3.6M ($40,000/unit) for a 90-unit apartment complex on Alaska Street just north of LSU's campus. Industrial led the week with four of the nine sales, while Essential Properties, a...
The February 7, 2022 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $2.7M in disclosed volume. The headline deal: Afton Oaks Zachary LLC paid $1.3M ($3.24/Land SF) for two vacant lots on Bob Odom Drive in the Zachary Commercial Park subdivision near Walmart. Retail led the week with two of the six sales, including the...
The January 31, 2022 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $28.6M in disclosed volume. The headline deal: Copper Ridge Apts LLC, New York-based Rhodium Capital Advisors, paid $13.2M ($42,309/unit) for the Copper Ridge Apartments, a 313-unit complex off Lobdell Boulevard. Industrial and office each accounted for three of the ten sales, while Rhodium...
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