The Pulse BR: 8-story office building on Florida Blvd sold

A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

11720 Perkins Rd
11720 Perkins Rd

Type: Land
Price: $1,600,000 ($11.62 / Land SF)
Buyer: Jonathan Cheplak
Elifin’s Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd.

10313 Jefferson Hwy
10313 Jefferson Hwy

Type: Land
Price: $615,000 ($9.35 / Land SF)
Buyer: DO Jefferson LLC
Elifin’s Notes: Local investors purchase 1.5+ acres on Jefferson Hwy.

5835 Adams Ave
5835 Adams Ave

Type: Industrial
Price: $350,000 ($15.35 / SF)
Buyer: Terry Zimmer
Elifin’s Notes: Texas-based buyer purchases industrial property on the corner of Adams Ave and N Ardenwood Dr.

14650 Forestgrove Ave
14650 Forestgrove Ave

Type: Multifamily
Price: $350,000 ($58,333 / Unit)
Buyer: Caruso Construction LLC
Elifin’s Notes: Local real estate investor purchases three duplexes in Central.

445 Lovers Lane
445 Lovers Lane

Type: Office
Price: $140,000 ($60.95 / SF)
Buyer: New Creation Property Solutions LLC
Elifin’s Notes: Commercially zoned property sells off Government St.

10988 N Harrells Ferry Rd, Suite 16
10988 N Harrells Ferry Rd, Suite 16

Type: Office
Price: $130,000 ($76.47 / SF)
Buyer: CNBT Investments LLC
Elifin’s Notes: Office suite sells in the Myrtle Lake Plaza Office Condominium.

10988 N Harrells Ferry Rd, Unit 17
10988 N Harrells Ferry Rd, Unit 17

Type: Office
Price: $126,000 ($88.98 / SF)
Buyer: CNBT Investments LLC
Elifin’s Notes: Office suite sells at the Myrtle Lake Plaza Office Condominium.

Lot 5-A Hooper Rd
Lot 5-A Hooper Rd

Type: Land
Price: $100,000 ($1.02 / Land SF)
Buyer: 4J Investment Group LLC
Elifin’s Notes: Hooper Rd lot sells to local investors.

10225 Florida Blvd
10225 Florida Blvd

Type: Office
Price: Withheld
Buyer: Marjoe Holmes Sr
Elifin’s Notes: Eight story office building designed by A. Hays Town sells to local investor near the corner of Florida Blvd and Sharp Lane.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
No Comments

Post A Comment