20 Dec What Is a Good Percentage Return on Commercial Property in Baton Rouge?
The return on commercial investment property in Baton Rouge can vary, and your goals determine whether or not the percentage return is good or not. Many people who own investment properties are using their returns as retirement income, supplemental or otherwise. For these people, a more secure deal is desirable over a high risk deal where they may lose some money....
16 Dec CJ Brown Sells Airline Office Building + East Baton Rouge Sewerage Commission Purchases Former All Star Nissan Location
The December 16, 2019 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: JMB & J Property LLC, the president of TEI Technology Engineers, Inc., bought the former C J Brown office at 14452 Airline Highway near Highland Road. The East Baton Rouge Sewerage Commission bought the former All Star Nissan location on Florida...
13 Dec Pit Stop Auto Shop Expanding to New Location in Baton Rouge
DOWNLOAD PDF December 13th, 2019 - Baton Rouge, LA – Elifin Realty has announced the sale of 1044 O’Neal Ln in Baton Rouge, LA. The property was purchased by Joel and Rebecca Richardson of ODE Investment Properties, LLC. They intend to use 1044 O’Neal Ln as a second location for Pit Stop Auto Shop, LLC. Pit Stop Auto Shop is an ASE-certified (Automotive...
12 Dec Former Shrimp Basket Restaurant on Perkins Available for Restaurant Concept
DOWNLOAD PDF December 12th, 2019 - Baton Rouge, LA – Since Shrimp Basket’s closing of its two Baton Rouge locations, the restaurant at 7242 Perkins Road has sat vacant. Now marketed by Elifin Realty, the location is available for sublease and is in turn-key condition for a new restaurant concept. According to Will Chadwick, who is leasing the property, the previous operator...
09 Dec New York Firm Purchases Downtown Office Building + Local Charter School Facility
The December 9, 2019 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: RM Mentorship Acad LA LLC, New York investment firm Rosemawr Management, bought the downtown office building at 339 Florida Street used by the Mentorship Academy. Rosemawr also bought the Impact Charter School property on Lavey Lane in Baker, and developer Ted...
06 Dec Aquaculture Systems Technologies Moves HQ to Downtown Baton Rouge
DOWNLOAD PDF December 6th, 2019 - Baton Rouge, LA – Aquaculture Systems Technologies, LLC has recently consolidated all of its operations to their new location in Downtown Baton Rouge at 2120 N 3rd Street. George Bonvillain and Mathew Laborde, of Elifin Realty, assisted AST in finding the new location for their rapidly expanding business. Relocating their operations from New Orleans and their...
02 Dec Former Hancock Whitney + Midsouth Bank Branches Sell
The December 2, 2019 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Bancorpsouth Bank bought the MidSouth Bank branch at 6677 Siegen Lane at Industriplex Boulevard. Houma-based South Louisiana Bank bought the former Hancock Whitney branch near Highland Road and Lee Drive, and residential developer Todd Waguespack bought more than nine acres on...
26 Nov New, Full Purpose Medical Facility to be Built on Plank Rd
DOWNLOAD PDF November 26, 2019 – Baton Rouge, LA – Will Chadwick of Elifin Realty has announced the sale of the property located at 7070 Plank Rd in Baton Rouge, LA. The ±3.32-acre tract is located near I-110 and Airline Hwy, on the hard corner of Plank Road and Crown Avenue. The property was purchased by the non-profit organization, Baton Rouge Primary...
25 Nov Sage Rehabilitation Hospital + Comfort Inn Sales
The November 25, 2019 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Sage Summa Real Estate LLC, a local ownership group, bought the Sage Rehabilitation Hospital location at 8000 Summa Avenue. Hotel investor Alpesh Patel bought the 60-room Comfort Inn on Constitution Avenue, and a local investor bought the former Cloverleaf Suites hotel...
25 Nov Construction Underway on Final Building at Highland Park Marketplace
DOWNLOAD PDF November 22nd, 2019 - Baton Rouge, LA – After recently announcing new tenants and the sale of two outparcel lots, Campbell Companies and Big Horn Development have broken ground on Building 400 at Highland Park Marketplace. Building 400 is the final phase of development in the upscale retail center and will feature eight suites totaling 16,450 SF, with an expected...