The Pulse BR: Embassy Suites on Constitution Ave sold

19 Dec The Pulse BR: Embassy Suites on Constitution Ave sold

Posted at 09:07h 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

7808 Howell Blvd

Type: Retail
Price: $750,000 ($124 / SF)
Buyer: Montecristo Cigar Bar & Bistro LLC
Elifin’s Notes: Monecristo Cigar Bar & Bistro owner purchases the restaurant/bar’s property near the Baton Rouge airport.

1095 S Flannery Rd

Type: Retail
Price: $560,000 ($112 / SF)
Buyer: Rina Kim Property LLC
Elifin’s Notes: Local investor purchases strip center on the corner of S Flannery Rd and Goodwood Dr.

3266 Plank Rd

Type: Retail
Price: $425,000 ($370 / SF)
Buyer: Brandon Kahl
Elifin’s Notes: California-based couple purchase Domino’s Pizza on the corner of Plank Rd and Winbourne Ave.

8910 Greenwell Springs Rd

Type: Retail
Price: $400,000 ($308 / SF)
Buyer: Greenwell LLC
Elifin’s Notes: California couple purchase Domino’s Pizza restaurant on Greenwell Springs Rd near the Joor Rd intersection.

4425 Government St

Type: Retail
Price: $325,000 ($76 / SF)
Buyer: Melanie Jordan
Elifin’s Notes: Owner of Willow & Vine Florist purchases retail space in Mid City.

6160 Airline Hwy

Type: Retail
Price: $300,000 ($38 / SF)
Buyer: Fadi Omar
Elifin’s Notes: AAA Tire Shop owners purchase their shop at the corner of Airline Hwy and St. Katherine Ave.

4531 Durham Place, Suite D

Type: Office
Price: $140,000 ($151 / SF)
Buyer: Andersen-Wells LLC
Elifin’s Notes: Office suite sells in the Durham Place Office Condominium.

4046 Winbourne Ave

Type: Office
Price: $105,000 ($81 / SF)
Buyer: Rina Kim Property LLC
Elifin’s Notes: Local investor purchases office property on Winbourne Ave.

4914 Constitution Ave

Type: Hospitality
Price: Withheld
Buyer: Cool Moon Hospitality LLC
Elifin’s Notes: Navika Capital, a New York-based commercial real estate & hospitality enterprise, purchase the Embassy Suites by Hilton hotel off Constitution Ave near I-10. Price withheld.

Upcoming Planning Commission Cases

The Heights at Picardy

Submitted 12/1/22 by Mickey L. Robertson. Proposed 224-unit multi-family residential development on property located on the south side of Picardy Avenue, east of Mancuso Lane.
Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
8182 AIRLINE HWY	Commercial: Remodel $2,500,000	Renovations to install additional Co-Located equipment in an existing (5,315 sf) equipment room serving telecommunications Business. Additional HVAC and electrical equip. to be installed. Modifications to exist. raised access floor & equipment supports.. Relocation of exist. FM 200 storage tanks and support racks. Continued Business occupancy.	[O] Jim Tedesco [A] Jim Tedesco [C] DUFFEY SOUTHEAST, INC.
450 LAUREL ST	Commercial: Remodel $1,300,420	(Expedited) Interior Tenant Renovations for HNTB at II Rivermark Ctr Suite 1200	[O] Gary Black [A] Martha Salomon [C] FAULK & MEEK GENERAL CONTRACTORS, L.L.C.
9595 FLORIDA BLVD	Commercial: New $1,000,000	(Expedited) Project is a New Personal Care Center & Crematory for Greenoaks Funeral home. It is a 5,899s.f., non-sprinklered Metal Building for processing the recently deceased.	[O] John Cesmirosky [A] Sean Johnson [C] CAPITOL CONSTRUCTION, LLC
1406 LETITIA ST	Fence $540,000	Construction of brick fence	[O] Christopher Tyson [A] Christopher Tyson [C] BRANDON O WILLIAMS CONSTRUCTION LLC
13633 MILLERVILLE GREENS BLVD	Fence $137,819	Perimeter Fencing for The Waters at Millerville Apartments. Fencing will consist of 6′ treated pine and 5′ aluminum fencing.	[O] Toby Easterly [A] Morgan Koles [C] STOA CONSTRUCTION, L.L.C.
5211 ESSEN LN	Commercial: Remodel $100,000	Interior renovation of small office space.	[O] Ransom Pipes [A] William Collins [C] GRAND CONSTRUCTION COMPANY, LLC
15622 CASTLE RIDGE AVE	Solar $70,000	solar power w/ battery install	[O] [A] Edward Richmond [C] Baton Rouge Air – Edward Richmond
930 N BON MARCHE DR	Commercial: Remodel $41,000	Dish will be installing new equipment (antennas, mount, RRU’s, hybrid cable etc.) on the existing tower which will not increase the height of the tower. Dish will also be installing ground equipment within the existing fenced compound not changing the footprint of the tower compound which will consist of installing a 5’x7’ equipment platform with outdoor cabinet along with a new 200 amp power meter to be installed in an existing empty meter socket.	[O] [A] James Musick [C] N/A
9828 AIRLINE HWY	Commercial: Remodel $35,000	Dish Wireless will be installing new antenna and ground equipment at an existing cell tower owned by Crown Castle.	[O] [A] David Jensen [C] CARMAN INDUSTRIES LLC
8003 PRESIDENT DR	Solar $32,492	19 Roof mounted solar panels, no upgrades	[O] wade Cranford [A] Egle Thompson [C] N/A
10870 COURSEY BLVD	Commercial: Addition $11,000	Temporary tent 2,100 sq.ft., outdoor waiting area for guests.	[O] Tyler Hood [A] Jim Howard [C] N/A
4606 JONES CREEK RD	Commercial: Remodel $9,140	(Expedited) Early Childcare Center combining Suite 220/230 expired permit #130780	[O] Dawayne Honore’ [A] Aletha Haynes [C] N/A
5324 MIMOSA ST	Fence $4,983	6′ Tall Cedar Shadow Box Fence with Top Cap and Fascia	[O] Adam Coley [A] Ryan Martino [C] Structure Construction Group – Ryan Martino
5312 E BROOKSTOWN DR	Occupancy N/A	rental property	[O] tom berry [A] Tom Berry [C] N/A
3655 O’NEAL LN	Occupancy N/A	used car sales	[O] stacey fletcher [A] stacey fletcher [C] tru auto sales LLC – stacey fletcher
5510 LAVEY LN	Occupancy N/A	We purchased an existing mobile home that has been in our mobile home park from a tenant for over 15 years. We need power to get an occupancy permit for new tenants to reside.	[O] Darin Watkins [A] Darin Watkins [C] Darin Watkins
762 ASTER ST	Plumbing N/A	Remodeling	[O] Edward Ellefson [A] Rigoberto Lopez Castillo [C] Fair Rate Plumbing LLC – Rigoberto Lopez Castillo
5510 LAVEY LN	Occupancy N/A	We purchased an existing mobile home that has been in our mobile home park from a tenant for over 15 years. We need power to get an occupancy permit for new tenants to reside.	[O] Darin Watkins [A] Darin Watkins [C] Darin Watkins
T 21600 HOO SHOO TOO RD	Electrical N/A	Disconnect underground meter panel. Reconnect power to trailer pole	[O] [A] Jacob Oldag [C] O&M ELECTRIC LLC – Jacob Oldag
9618 JEFFERSON HWY	Commercial: Remodel N/A	(Expedited) RESTAURANT Remodel to install hood and gas line. Business (Assembly under 50).	[O] KHALEDA LAYMOUN [A] KHALEDA LAYMOUN [C] Peddler’s Fire Protection – Benjamin Stern
921 LOBDELL BLVD	Commercial: Change in Occupancy N/A	Commercial Building with Office Spaces for small businesses	[O] Leon Buford [A] Leon Buford [C] Leon Buford
508 SUNSET BLVD	Solar N/A	Install 9.36kW solar panel system on existing home – no structural changes	[O] Tim Gunn [A] Joshua Theard [C] PosiGen Developer, LLC – Joshua Theard

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

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