DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...
The August 10, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Lineage Logistics SCS LLC, Michigan-based Lineage Logistics, bought the industrial facility at 7150 South Choctaw Drive at Wooddale Boulevard from Southern Cold Storage. Lineage also bought acreage south of the facility on Lobwood Drive, and a local investor bought a five-acre...
The August 3, 2020 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Cottages at O'Neal LLC, a local developer, bought acreage at 15647 George O'Neal Road near O'Neal Lane zoned for Small Planned Unit Development. Six of the eleven sales were Popeyes restaurants bought by Nashville-based investment firm Capital Spring at undisclosed prices,...
The July 27, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Central Power and Industrial Coatings, Inc bought its facility at 11415 Blackwater Road in Central. A local plastic surgeon bought a building at The Parc of Claycut Bayou office park on Bluebonnet Boulevard, and the Borden Dairy facility off Plank Road...
DOWNLOAD PDF July 22nd, 2020 - Baton Rouge, LA – Elifin Realty’s Multifamily Division is pleased to announce the sale of The Ivy Courtyard apartments located at 3350 Wyoming Street in Baton Rouge, LA. The Ivy Courtyard is a twenty-two-unit apartment complex and sits just a few feet from the northern border of LSU’s campus and adjacent to the new Nicholson Gateway...
The July 20, 2020 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: 3350 Wyoming LLC bought The Ivy Courtyard, a 22-unit apartment complex at 3350 Wyoming Street off Nicholson Drive. The former Owens Collision on Jefferson Highway between Airline Highway and Stumberg Lane sold, and an Alabama investor bought a fourplex, a duplex...
DOWNLOAD FULL REPORT (PDF) As May turned to June and the Louisiana heat arrived in full effect, the state moved into "Phase Two" of the federal government's plan for reopening. While this reopening progress coincided with a slight uptick in sale transactions and total dollar volume month over month, trepidation remained among many investors and the overall business community. As noted in...
The July 13, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: 1222 Bob Pettit Blvd LLC, a local investor, bought The Graduate Apartments, a 15-unit complex at 1222 Bob Pettit Boulevard in Tigerland. Jann Properties 2 LLC also bought a Tigerland apartment complex of ten two-bedroom, one-bath units on Alvin Dark Avenue,...
The July 6, 2020 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Pelican View Properties bought the former Robinson Brothers Lincoln dealership at 9550 Interline Avenue at the Airline Highway and I-12 intersection. Texas investors bought an office building leased by the Social Security Administration off Harding Boulevard near Plank Road, and a...
DOWNLOAD PDF July 3rd, 2020 - Baton Rouge, LA – Elifin Realty is pleased to bring to market a 7.196-acre parcel of land located on Siegen Lane between I-10 and Perkins Road. Mathew Laborde, CCIM has been contracted by Crawfish Aquatics to market the property for sale at the price of $4,700,000. Crawfish Aquatics is a locally owned organization that provides swimming...
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