The Pulse BR: Government Street building sells for 222 PSF

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

Commercial Sales Recorded Last Week

4041 Government St, Baton Rouge, LA 70806
4041 Government St, Baton Rouge, LA 70806

Type: Office
Price: $975,000 ($221.59 / SF)
Buyer: Wong Assets LLC
Elifin’s Notes: Local investors purchase Mid City office building on Government St.

2725 Bern Dr, Baton Rouge, LA 70814
2725 Bern Dr, Baton Rouge, LA 70814

Type: Industrial
Price: $920,000 ($125.17 / SF)
Buyer: Reeb Rigging LLC
Elifin’s Notes: Reeb Rigging purchases industrial property near their main facility on Rome Dr.

12635 S Choctaw Dr, Baton Rouge, LA 70815
12635 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $702,350 ($55.00 / SF)
Buyer: 3GEN Properties LLC
Elifin’s Notes: The Magnum Company owners purchase the company’s facility on S Choctaw Dr.

W E Heck Ct, Baton Rouge, LA 70816
W E Heck Ct, Baton Rouge, LA 70816

Type: Office
Price: $350,000 ($231.94 / SF)
Buyer: Fritz Dugas, Sr
Elifin’s Notes: Local attorney purchases office building just off Coursey Blvd.


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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