The August 16, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $4.25M in disclosed volume. The headline deal: Hebert Real Estate Properties LLC paid $1.95M ($43/SF) for the Sunbelt Rentals building on Wooddale Boulevard. Retail led the week with four of the six sales, including an Exxon-branded gas station in Mid City bought by...
The August 9, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $4.69M in disclosed volume. The headline deal: Legacy Panhandle Holdings LLC, Houston-based funeral home and crematory operator Legacy Funeral Group, paid $2.89M ($223/SF) for the Resthaven Funeral home on Jefferson Highway just east of Airline Highway. Office led the week with four of...
The August 2, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $13.9M in disclosed volume. The headline deal: FSC Diversified I Manager LLC, New Jersey-based real estate investment firm Four Springs Capital Trust, paid $6.27M ($563/SF) for the Fresenius Kidney Care facility on Mancuso Lane off Picardy Avenue. Office led the week with four...
The July 26, 2021 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $12.4M in disclosed volume. The headline deal: CCI Baton Rouge II LLC, Indianapolis-based healthcare real estate investment firm Cornerstone Companies, paid $6.1M ($541/SF) for the Interventional Pain Medical Center off Bluebonnet Boulevard. Office led the week with six of the eleven sales, including...
The July 19, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $31.1M in disclosed volume. The headline deal: Retreat RVF Property LLC, Savannah-based investment firm Wicker Park Capital Management, paid $24.5M ($100,410/unit) for the Retreat at Brightside, a 244-unit apartment complex near Brightside Drive and Nicholson Drive. Land and office each accounted for four...
DOWNLOAD PDF OF PRESS RELEASE July 15th, 2021 - Baton Rouge, LA – Mark Segalla and the Elifin Realty Multifamily Division are proud to announce Signature One Apartments and Signature Two Apartments are now available for sale. Both complexes, located in Mid City North on Prescott Road and W Brookstown Dr, have recently been completely renovated and revitalized by the current owner...
DOWNLOAD FULL REPORT (PDF) Through June 2021, the commercial sales market continues to outpace the previous six years in total number of sales and dollar volume. There has been a total of 255 commercial property sales recorded so far in 2021, at a dollar volume of over $415 million. These numbers exceed the previous highs of 2018 and represent a...
The July 12, 2021 issue covers four commercial sales recorded across Baton Rouge the previous week, totaling $1.42M in disclosed volume. The headline deal: Dupree Apartment Holdings LLC, a local investor, paid $1.02M ($170,000/unit) for the Dupree Apartments on Spanish Town Road in the Spanish Town Historic District. The other three sales were two vacant, commercially zoned lots off South...
DOWNLOAD PDF OF PRESS RELEASE July 7th, 2021 - Baton Rouge, LA – The Yard Milkshake Bar, operated by local franchisees Marc & Tracy Couvillion, has announced a grand opening date of Friday, July 9th at 12:00pm (noon) for their new location at Highland Park Marketplace in Baton Rouge. Located in Suite 408 at Highland Park Marketplace, The Yard Milkshake Bar is...
The July 5, 2021 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $73.9M in disclosed volume. The headline deal: City Heights on Coursey LLC, California-based multifamily real estate investment firm SB Pacific Group, paid $49.8M ($141,338/unit) for the 352-unit Coursey Place apartments off Coursey Boulevard near Jones Creek Road. Multifamily led the week with five...
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