The Pulse BR: Arlington Cottage Apartments sell to Chicago Investors

12 Sep The Pulse BR: Arlington Cottage Apartments sell to Chicago Investors

Posted at 07:55h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

7031 Commerce Cir

Type: Office
Price: $12,000,000 ($442 / SF)
Buyer: Louisiana Paradigm LLC
Elifin’s Notes: Republic Finance building in Towne Center sells to local investor in a lease-back agreement.

6588 Siegen Lane

Type: Retail
Price: $4,953,593 ($1,598 / SF)
Buyer: Raising Cane’s Restaurants LLC
Elifin’s Notes: Raising Cane’s purchases the restaurant’s Siegen Lane location.

7959 Essen Park Ave

Type: Hospitality
Price: $4,800,000 ($61,538 / Unit)
Buyer: BRLA Enterprises LLC
Elifin’s Notes: Arkansas-based investor purchases Fairfield Inn & Suites by Marriott, a 78 unit hotel located off Essen Ln near I-10.

8716 Siegen Lane

Type: Land
Price: $3,700,000 ($11.80 / Land SF)
Buyer: Building Hope Siegen Lane Inc
Elifin’s Notes: Building Hope, a DC based non-profit that assist charter schools in acquiring land and developing schools, purchases 7.2 acres on Siegen Lane near the Perkins Rd intersection.

655 Highlandia Dr

Type: Retail
Price: $1,690,000 ($122 / SF)
Buyer: Pharma Property Group LLC
Elifin’s Notes: Sola Pharmaceutical purchase their Baton Rouge space on Highlandia Dr.

1885 Wooddale Blvd

Type: Office
Price: $1,008,000 ($10 / SF)
Buyer: 1008 Jourdan SPE LLC
Elifin’s Notes: Natchitoches-based investor purchases former state office building located off Wooddale Blvd.

13353 Perkins Rd

Type: Retail
Price: $610,000 ($83 / SF)
Buyer: Vividavis Development LLC
Elifin’s Notes: Metairie-based investor purchases retail property on Perkins Rd near the Siegen Lane intersection.

4142 Evan Brooks Dr

Type: Industrial
Price: $425,000 ($68 / SF)
Buyer: Brightbox Wholesale Signage LLC
Elifin’s Notes: Brightbox Wholesale Signage purchase industrial property near their location on Evan Brook Dr.

9798 Greenwell Springs Rd

Type: Retail
Price: $340,000 ($340,000 / Unit)
Buyer: Bernard M Kibodi
Elifin’s Notes: Local investor purchases former Taco Bell on Greenwell Springs Rd.

1732 Plank Rd

Type: Office
Price: $150,000 ($31 / SF)
Buyer: Caillier Rentals LLC
Elifin’s Notes: Office building sells on Plank Rd near the I-110 overpass.

550 Ben Hur Road

Type: Multifamily
Price: Withheld
Buyer: WSCR Arlington Owner IX, LP
Elifin’s Notes: Arlington Cottage, a 732 apartment complex near LSU, sells to Walton Street Capital, a Chicago-based real estate investment group. Price withheld.

Upcoming Planning Commission Cases

Short Term Rentals

Submitted 10/23/2019 by Metro Council. Unified Development Code amendment to revise Chapter 9, Use Regulations and Chapter 19, Definitions to establish regulations for short term rentals.
Staff Report

Bar / Pool Hall on N Foster Dr

Submitted 7/25/2022 by Marcus Andrews. Proposed rezoning from Light Commercial (C1) to Commercial Alcoholic Beverage (bar and lounge)(C-AB-2) on property located northwest of the intersection of North Foster Drive and Madison Avenue, for bar / pool hall serving alcohol.
Staff Report – Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
305 ELMER AVE	Commercial: New $2,166,579	(Expedited) Construction of (3) identical 2-story apartment buildings (4,410sf ea.) with (4) units per building for a total of (12) apartment units (Residential R-2) with parking to serve. THIS PERMIT IS FOR BUILDING ADDRESS 305 ELMER AVE.	[O] Wendy Green Daniels [A] Marcus Williams [C] NRK CONSTRUCTION, LLC – Norisha Kirts Glover
17455 PERKINS RD	Solar $174,000	INSTALLATION OF SOLAR PV SYSTEM ONTO ROOFS OF BUILDING	[O] [A] Richard Alvie Carroll [C] Ecobuild LLC – Richard Alvie Carroll
5332 HICKORY RIDGE BLVD	Solar $82,202	install solar panels on existing roof + electrical	[O] Christa Mabry [A] Christa Mabry [C] ADT Solar LLC
13908 BELLACOSA AVE	Solar $53,424	INSTALL 20 SOLAR PANELS ON EXISTING ROOF + ELECTRICAL	[O] CHRISTA MABRY [A] CHRISTA MABRY [C] ADT Solar LLC – CHRISTA MABRY
10555 RIEGER RD	Commercial: Remodel $42,000	LIMITED TO EXTERIOR FACADES REMODELING LIFTUP; SQUARING, REFRESHING FINISHES, REPAIRING AND RE-PLASTERING. NONE ENVELOPE NOR STRUCTURAL ALTERATIONS.	[O] [A] FERLEY ARIZA [C] Built Incorporated
9447 DONNA DR	Solar $29,065	16 Roof mounted solar panels, no upgrades	[O] wade Cranford [A] Philip Maguire [C] ADT Solar LLC
8551 JEFFERSON HWY	Demolition $22,736	commercial demolition	[O] Baton Rouge Country Club [A] Guy Pickering [C] American Construction Demolishing Company – guy pickering
7749 BISMARK DR	Solar $18,750	solar battery add on	[O] CARL LAFAYETT [A] Egle Thompson [C] ADT SOLAR
2515 O’NEAL LN	Commercial: Remodel $5,000	Change of occupancy from retail store (M Use) to office for ministry outreach center (Business Use). No structural or EMP changes to suite.	[O] Phuong Dinh [A] Chris Harris [C] Owner – Chris Harris
15425 SCHAFER AVE	Fence $5,000	6′ wood fence	[O] JUAN DIAZ [A] Juan Diaz [C] J Diaz Construction – Juan Diaz
7100 PRESCOTT RD	Manufactured Home Permit: Relocation $4,500	Relocation of manufactured home to and established Mobile Home Park	[O] Pam Odom [A] Charles Oliver [C] N/A
16352 OLD HAMMOND HWY	Manufactured Home Permit: Relocation $3,500	New mobile home on lot 17 in Torrey Pines MHP for residency. Need all required permits.	[O] Hector Lopez [A] Hector Lopez [C] N/A
1340 SHARP RD	Fence $2,500	3 feet to 4 feet fence in front area of home between circle driveway	[O] Anthony Hicks [A] Anthony Hicks [C] Anthony Hicks
2125 DAVENPORT AVE	Demolition $2,000	residential demolition	[O] Ezzie Graves [A] Jimmie Armstrong [C] Precise home improvement llc – Jimmie Armstrong
633 FRANKLIN ST	Demolition $700	residential demolition of a shed	[O] FELICIA DART [A] Dennis Kelley [C] Dennis Kelley
3851 STE 6 S SHERWOOD FOREST BLVD	Occupancy N/A	Hair salon	[O] Toy Beverly [A] Toy Beverly [C] N/A
6295 CALION DR	Occupancy N/A	Home	[O] Kendra Booker [A] Kendra Booker [C] N/A
10257 MAMMOTH AVE	Occupancy N/A	auto repair & maintenance	[O] Dennie H. & Janie C. Hill [A] Bolshevoike Richard [C] N/A
666 North 10th St.	Occupancy N/A	Turn on Electric from entergy	[O] Collis Temple [A] Collis Temple [C] CT Contractors – Collis Temple
6363 SIEGEN LN	Gas Test N/A	need a gas test for car lot	[O] [A] Donnie Marino [C] Marino & Son Plumbing, Inc. – Donnie Marino
6205 SIEGEN LN	Occupancy N/A	transfer Entergy electric account to WhiteWater Express Car Wash LLC	[O] Amber Hadsall [A] Amber Hadsall [C] WhiteWater Express Car Wash LLC – Amber Hadsall
15952 MANCHESTER AVE	Occupancy N/A	need power turned on	[O] Jared Blackburn [A] Jared Blackburn [C] ATW Properties LLC – Jared Blackburn
1060 CENTRAL RD	Occupancy N/A	HOUSING	[O] Jason Hughes [A] Jason Hughes [C] Hughes Consutant Group LLC – Jason Hughes
3053 OTTAWA DR	Gas Test N/A	GAS TEST WITH FINAL INSPECTION	[O] DUNG NGUYEN- [A] Jerry Payne [C] Central Plumbing Co – Jerry Payne
1797 BOULEVARD DE PROVINCE	Occupancy N/A	need the power for the house	[O] sang dinh [A] Sang Dinh [C] N/A
922 COTTON ST	Electrical N/A	Replacing a 200 amp meter pan and adding a 2nd ground rod. Damage due to tenant tampering with meter. No power connection until Entergy gets permit verification.	[O] DAVE COLLINS [A] Louis Salario [C] Big City Electric and Property Preservation LLC – Louis Salario
16074 MANCHESTER AVE	Occupancy N/A	house over 1 yr old	[O] Jared Blackburn [A] Jared Blackburn [C] ATW Properties LLC – Jared Blackburn
1062 CENTRAL RD	Occupancy N/A	HOUSING	[O] Jason Hughes [A] Jason Hughes [C] Hughes Consutant Group LLC – Jason Hughes
5075 ADAMS AVE	Occupancy N/A	Manufacturing of wood products	[O] Rodney Tassistro [A] Rodney Tassistro [C] N/A
4848 WINDSOR VILLAGE DR	Occupancy N/A	Need permit to have electric turned on as the residence has been empty for over 6 months #99	[O] Elizabeth DeArmond [A] Liz DeArmond [C] Liz DeArmond
18002 N MISSION HILLS AVE	Electrical N/A	Disconnect/Reconnect to move a 400 amp, single phase meter pan over 6′	[O] Jim Wilde [A] Lisa Simoneaux [C] Rebel Electric, LLC – Craig Simoneaux
5044 ENTERPRISE ST	Electrical N/A	125 Amp service rebuild	[O] DB Capital Investment llc [A] byron wheeler [C] NICK KNACK ELECTRICAL COMPANY LLC – Roin Franklin
7528 BEEKMAN DR	Occupancy N/A	Entergy electric start service require the permit to start the service – my entergy account # 188355309 – Vania Prado	[O] Vania Prado [A] Vania Prado [C] Vania Prado
9723 MEADOWDALE DR	Plumbing N/A	Sewer tie in	[O] Joseph Jebara [A] laurel Bourgeois [C] N/A
17617 S HARRELL’S FERRY RD	Gas Test N/A	Gast Test	[O] [A] jennifer DeJohn [C] Louis Mechanical – jennifer DeJohn
6680 HANKS DR	Occupancy N/A	entergy permit to turn lights on	[O] [A] Dekendall Hickman [C] Dekendall Hickman
2510 S SHERWOOD FOREST BLVD	Occupancy N/A	CONVEINCE STORE WITH GAS NO CONSTRUCTION WILL BE DONE	[O] JAYMIN PATEL [A] JAYMIN PATEL [C] JAY AMBE LA 2022 INC – JAYMIN PATEL
5043 HOLLOWAY AVE	Electrical N/A	Service Rebuild	[O] Meredith Eicher [A] Marketa Rudd [C] Optimize Solutions – Marketa Rudd
2766 70TH AVE	Electrical N/A	Rebuild damaged incoming service	[O] Leonard Armstrong [A] Damon Parker [C] N/A
3818 SARASOTA DR	Occupancy N/A	Residential property. Repairs and rehab is required first.	[O] Paula Weaver [A] Paula Weaver [C] N/A
1975 W Muriel	Occupancy: Clean N/A	Clean and Show	[O] Sidney Coxe [A] Sidney Coxe [C] Builders Center and Muriel Land – Sidney Coxe
2066 75TH AVE	Gas Test N/A	Gas Test	[O] Robbie Ellis [A] Faruq Abdulaziz [C] N/A
6515 HANKS DR	Occupancy N/A	Utility to be turned on	[O] [A] Erin Bracken [C] N/A
3145 college dr suite B	Occupancy N/A	nail salon	[O] sarah nguyen [A] sarah nguyen [C] aloha beauty nail & spa llc – sarah nguyen
7959 ESSEN PARK AVE	Occupancy N/A	Hotel	[O] Bindiya Patel [A] Bindiya Patel [C] N/A
6114 BLUEBERRY ST	Demolition N/A	residential demolition	[O] Cedric Haynes [A] Cedric Haynes [C] Newsome Enterprise LLC – Pattera Newsome
18733 SAMUELS RD	Occupancy N/A	Existing trailer	[O] Loyman Emilio Caceres Calderon [A] Loyman Emilio Caceres Calderon [C] N/A
3644 MONTICELLO BLVD	Electrical N/A	replace service	[O] Stacey Simoneaux [A] Joshua Davis [C] N/A
8704 JEFFERSON HWY	Occupancy: Clean N/A	Clean & Show	[O] Barry Blumberg [A] Barry Blumberg [C] Blumberg and Associates, Inc – Barry Blumberg
6230 D’JUANNA DR	Occupancy N/A	Occupancy Inspection	[O] Venturella Lawson [A] Venturella Lawson [C] N/A
4968 ROBIQUE RD	Gas Test N/A	replaced gas riser at meter due to meter was ran over with a tractor..—- robique rd does not have a street sign the road is across pank rd from executive aviation look for heavy equipment. the meter is approx 1/4 mile down drive way on left side just pass brick columns nest to an orange cone	[O] sam lamb [A] Blake Payne [C] ZACHARY PLUMBING, L.L.C. – Blake Payne
717 S FOSTER DR	Occupancy N/A	Marine consultancy and training office, coordination of marine operations	[O] Joao Peixoto [A] Joao Peixoto [C] N/A
16441 S HARRELL’S FERRY RD	Occupancy N/A	need utility turned on	[O] aliyah phillips [A] aliyah phillips [C] N/A
3234 FRITCHIE DR	Demolition N/A	residential demolition	[O] Holly Wolfert [A] Mike Morgan [C] Morgan Construction – Mike Morgan
8704 JEFFERSON HWY	Occupancy: Clean N/A	Clean & Show	[O] Barry Blumberg [A] Barry Blumberg [C] BTWO, LLC – Barry Blumberg
4021 W.E. HECK CT	Occupancy N/A	Office space	[O] Neal Patel [A] ASHLEY REED [C] Mantra I NC – ASHLEY REED
22620 S HICKEY CT	Plumbing N/A	Remove existing bathtub and part of the surround. Install a new pressure balance valve. Install a new acrylic shower base in place of the bathtub. Install a new acrylic surround. The water and drain will attach to existing plumbing .	[O] Lionel Paul [A] Robert Harrison [C] Max Home – Robert Harrison
5540 PARKHILL CT	Electrical N/A	panel change; full service; disconnect with Entergy for 9/14/22; inspection needed afternoon of 9/14/22 please to restore power to customer	[O] Rose Culver [A] Sean Dore [C] N/A
12071 CONSTANCE ST	Occupancy N/A	Residential	[O] Andrea Lewis-Echols [A] Andrea Echols [C] Andrea Echols – Andrea Echols
4540 CROWN AVE	Occupancy N/A	single family dwelling	[O] kentrell plain [A] kentrell plain [C] plain construction – kentrell plain
1617 75TH AVE	Occupancy N/A	REsidential occupancy	[O] Belinda Banks [A] Raynando Banks [C] Raynando Banks
5234 WINTER AVE	Gas Test N/A	Gas Test	[O] Kendrick Hammond [A] Darrell Hawkins [C] N/A
3256 BLACKWELL DR	Occupancy N/A	Residential	[O] Romerial Fields [A] Romerial Fields [C] Romerial Fields
3258 BLACKWELL DR	Occupancy N/A	Residential	[O] Romerial Fields [A] Romerial Fields [C] Romerial Fields
6971 SIEGEN LN	Plumbing N/A	Replacing 5 plumbing fixtures inside the mall at T mobile suite #2034	[O] [A] Matthew Deslatte [C] N/A
7077 S CHOCTAW DR	Occupancy N/A	Clean, repaint and recarpet existing 2-story office portion at south end of Building only, approximately 11,250 sf per floor.	[O] Robert Owens [A] Todd Mann [C] N/A
13537 QUAIL GROVE AVE	Plumbing N/A	HWH PERMIT WITH FINAL INSPECTION	[O] MARI WINTZ [A] Jerry Payne [C] Central Plumbing Co – Jerry Payne
905 N 29TH ST	Gas Test N/A	Plumbing Gas Test	[O] Houston Stevenson [A] Rusty Roshto [C] Akades Plumbing, LLC – Rusty Roshto
11043 SCENIC HWY	Occupancy N/A	Need occupancy permit to be sent to Entergy to get the power turned on. Thanks!	[O] Jonathan Gordillo [A] Jonathan Gordillo [C] N/A
4608 BENNINGTON AVE	Occupancy N/A	Vegan Restaurant Suite A	[O] NaQuellar Thompson [A] NaQuellar Thompson [C] Veganish Vibes – NaQuellar Thompson
9414 FLORIDA BLVD	Occupancy N/A	Adding Meter for Pole for outside food truck, Need Permit account number entergy 188154454	[O] Beatriz Soto [A] Beatriz Soto [C] Entergy – Entergy
3038 BALIS DR	Electrical N/A	tree fell on service	[O] Charlotte Cavaliar [A] [C] N/A
10331 W ALMOND DR	Occupancy N/A	house over 1 yr old	[O] nashaunda keith [A] nashaunda keith [C] nashaunda keith
8520 STE A SCOTLAND AVE	Occupancy N/A	Barbershop	[O] Elton Rowley [A] Elton Rowley [C] N/A
1860 BOULEVARD DE PROVINCE	Occupancy N/A	electric unit turn on unit 17	[O] Esther Stefansky [A] Esther Stefansky [C] Cedarbrook Apartments LLC – Esther Stefansky
4644 LORRAINE ST	Occupancy N/A	Residential	[O] Kenon Smith [A] Kenon Smith [C] Kenon Smith
1985 W MURIEL DR	Occupancy: Clean N/A	Clean and Show	[O] Sidney Coxe [A] Sidney Coxe [C] Builders Center and Muriel Land – Sidney Coxe
2520 AMARILLO ST	Commercial: Parking Lot N/A	Commercial parking, drainage, sewer and landscape improvements for a 4-unit residential development on one site.	[O] [A] [C] Seero Development LLC – Husam Sadek
9864 AVENUE E	Electrical N/A	Rewire home	[O] Jason Robinson [A] Peter Hagyo-Kovats [C] HK Electrical Solutions L.L.C. – Peter Hagyo-Kovats
10634 PRESERVATION WAY	Gas Test N/A	Gas Test	[O] Fabian Toren [A] Jacob Howze [C] Jake’s Plumbing Inc. – Jacob Howze
969 MONET DR	Occupancy N/A	Existing apartment need lights. Apt 204	[O] [A] Andres Moreno [C] N/A
6165 AIRLINE HWY	Electrical N/A	200 amp service/emergency reconnect	[O] Rateb Shkirat [A] [C] N/A
7104 ANTIOCH RD	Occupancy N/A	Dispatch 1-3 delivery drivers for sod delivery and occasionally have a client pickup an order. Process payments from clients from orders taken via phone.	[O] Louisa Sherman [A] Steven Blackwell [C] N/A
720 N 28TH ST	Electrical N/A	Upgraded service to 125 amps	[O] Gloria Boykins [A] Clarence Cornelius [C] C&M Electrical Services – Clarence Cornelius
10235 JEFFERSON HWY	Occupancy N/A	Financial Advisors office for client meetings and general business	[O] Gerald Goss [A] Carrie Cormier [C] GSD DEVELOPMENT COMPANY, L.L.C.
7612 BASSETT DR	Electrical N/A	Customer needs to reattach the meter can to the wall of the house as per DEMCO	[O] John DeMars [A] Larry Edmonston [C] Total Electrical Services, Inc. – Larry Edmonston

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.

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