The Pulse BR: Former Farm Bureau HQ on Airline Hwy sells

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

Commercial Sales Recorded Last Week

9516 Airline Hwy
9516 Airline Hwy

Type: Office
Price: $4,780,000 ($66 / SF)
Buyer: HIV/Aids Alliance for Region Two (HAART), Inc
Elifin’s Notes: HAART Inc, a local HIV/AIDS healthcare organization, purchase former Farm Bureau headquarters on Airline Hwy.

3849 Plaza Tower Dr
3849 Plaza Tower Dr

Type: Portfolio
Price: $435,000 ($73 / SF)
Buyer: Meridian MVC Pathway Baton Rouge LLC
Elifin’s Notes: Meridian Realty, a Texas-based real estate investment firm, purchase office building and parking lot just off of S Sherwood Forest Blvd.

Tract 11, Laurel St
Tract 11, Laurel St

Type: Land
Price: $400,000 ($98.04 / Land SF)
Buyer: Visit Baton Rouge
Elifin’s Notes: Visit Baton Rouge purchase parking lot downtown next to their office.

4717 Adams Ave
4717 Adams Ave

Type: Land
Price: $138,000 ($1.14 / Land SF)
Buyer: Z Fields LLC
Elifin’s Notes: Owner of Big Ben Furniture purchases 3 commercially zoned lots on Adams Ave.


Upcoming Planning Commission Cases

Phase 2, Parts 20-23, Pointe-Marie, Final Development Plan

  • Submitted 12/29/22 by Randy Guillaume. Proposed low density single family residential development on property located on the west side of Pointe-Marie Drive, north of River Road.
  • Application – View on Map

Shake Shack Zoning

  • Submitted 1/4/23 by Randall Garutti. Proposed rezone from Heavy Commercial (C2) to Commercial Alcoholic Beverage – Shake Shack would like to sell beer and wine.
  • Application – View on Map

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
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