The Pulse BR: Healthcare property changes hands for 6.1mm

07 Apr The Pulse BR: Healthcare property changes hands for 6.1mm

Posted at 09:22h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

4728 Constitution Ave, Baton Rouge, LA 70808

Type: Hospitality
Price: $18,000,000 ($61,224 / Unit)
Buyer: APM Property Holdings LLC
Elifin’s Notes: The Crowne Plaza Hotel, with 294 rooms, sells on Constitution Avenue near I-10.

4040 North Blvd, Baton Rouge, LA 70806

Type: Healthcare
Price: $6,100,000 ($170.70 / SF)
Buyer: Community Development Properties LLC
Elifin’s Notes: A healthcare property, formerly occupied by the Baton Rouge Behavioral Hospital, changes ownership on North Boulevard.

621 Caddo St, Baton Rouge, LA 70806

Type: Multifamily
Price: $2,207,300 ($315,329 / Unit)
Buyer: STC Wellness Centers LLC
Elifin’s Notes: A portfolio of 7 single family residences sell at the corner of Caddo Street and Capital Heights Avenue.

2733 W Outfitters Dr, Gonzales, LA 70737

Type: Retail
Price: $1,750,000 ($161.87 / SF)
Buyer: Chuilli Properties LLC
Elifin’s Notes: A sports and rehabilitation training center changes hands near Highway 30 in Gonzales.

7242 Perkins Rd, Baton Rouge, LA 70808

Type: Retail
Price: $1,500,000 ($359.97 / SF)
Buyer: Salt Water Development LLC
Elifin’s Notes: A restaurant property, formerly occupied by the Rock Paper Taco Restaurant, sells next to the Perkins Road Community Park.

14448 Hwy 73, Prairieville, LA 70769

Type: Retail
Price: $925,000 ($239.33 / SF)
Buyer: ASAP Landholding LLC
Elifin’s Notes: A retail property changes ownership on Old Jefferson Highway.

2216 Brightside Dr, Baton Rouge, LA 70820

Type: Multifamily
Price: $800,000 ($100,000 / Unit)
Buyer: T&D Investment Properties LLC
Elifin’s Notes: A portfolio of 8 single family residences sell within the Sharlo area.

4353 S Sherwood Forest Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $700,000 ($333.33 / SF)
Buyer: Gold Future Property LLC
Elifin’s Notes: A local entity acquires a drive-thru restaurant property along with a vacant lot of land on South Sherwood Forest Boulevard.

7163 Jefferson Hwy, Baton Rouge, LA 70806

Type: Office
Price: $360,000 ($195.87 / SF)
Buyer: Schwartz Bldg LLC
Elifin’s Notes: An office property changes hands on Jefferson Highway near Towne Centre.

10601 Cherry Hill Ave, Baton Rouge, LA 70816

Type: Industrial
Price: $250,000 ($71.43 / SF)
Buyer: Roppolo Commercial Properties LLC
Elifin’s Notes: Roppolo Commercial Properties acquires an industrial warehouse property near Coursey Boulevard.

4783 Secretary Rd, Zachary, LA 70791

Type: Retail
Price: $220,000 ($146.67 / SF)
Buyer: ERN Investments, LLC
Elifin’s Notes: A local entity purchases a commercial property near the Walmart in Zachary.

14689 Old Hammond Hwy, Baton Rouge, LA 70819

Type: Office
Price: $150,000 ($83.33 / SF)
Buyer: Choumar, Afif
Elifin’s Notes: An office property sells near the intersection of Millerville Road and Old Hammond Highway.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
10310 THE GROVE BLVD	Remodel Permit $2,500,000	(EXPEDITED) 3,709 SF interior renovation to an existing 194,648 SF 5 story medical office building. Work scatter on floors 2, 3 4 and 5.	[O] [A] Corey Raber [C] The Lemoine Company, L.L.C
933 STARING LN	New Building Permit $2,300,000	New construction of 7,229 sq.ft. free standing education building for Sunday School and Vacation Bible school (1 week out the year) affiliated with the existing Church. This is not, and will never be, a daycare facility.	[O] Keith Cranfield [A] Corey Raber [C] Buquet and LeBlanc, Incorporated
8333 VETERANS MEMORIAL BLVD	Remodel and Addition Permit $2,267,000	(EXPEDITED) Renovations to Detention center for New Office and Conference Room. New security and electronics including camera systems for 23,500 S.F. of existing Detention Center.	[O] Robert Grey [A] Brett Bouillion [C] ARKEL CONSTRUCTORS, LLC
7500-7600 MC CALL DR	Parking Lot Permit $1,000,000	Parking lot permit for proposed apartment site.	[O] Toby Easterly [A] Haley Jara [C] STOA CONSTRUCTION, L.L.C. – Ryan Daniel Nash
933 STARING LN	New Building Permit $990,000	New construction of 3,445 sq. ft. free standing office building at an existing church complex.	[O] Keith Cranfield [A] Corey Raber [C] Buquet and LeBlanc, Incorporated
7445 CORPORATE BLVD	Remodel Permit $493,001	Retrofit of existing space for new retail men’s clothing store.	[O] Ed James [A] John Chwedyk [C] R.E. CRAWFORD CONSTRUCTION, LLC (OF DELAWARE) – Eugene Walter Kunkel
8700 S CHOCTAW DR	New Building Permit $446,588	This project is a 6,400 sf unconditioned pre-engineered metal building storage warehouse. The building will be used to store electrical cabling and hvac ductwork. There is no mechanical or plumbing scope in this project.	[O] Toby Sarradet [A] Shawn Fisher [C] MATHEWS BUILDERS, INC.
933 STARING LN	Remodel Permit $100,000	1,998 SF renovation of existing Sanctuary includes converting existing office area into multipurpose area, and will re-work existing nursery area. Project includes new flooring, ceiling, and MEP terminations/devices in area of work. Existing sprinkler heads will be modified.	[O] Keith Cranfield [A] Corey Raber [C] Buquet and LeBlanc, Incorporated
4415 STE A S SHERWOOD FOREST BLVD	Remodel Permit $40,000	(EXPEDITED) Medical OFFICE suite 2,700sf	[O] Michael Leggett [A] Michael Leggett [C] N/A
7477 BURBANK DR	Sign Permit $35,000	Sign- Pylon	[O] Gordon McKernan [A] Dee-dee Ockman [C] TTA Services LLC
2539 FIERO ST	Fence Permit $35,000	I am the HOA President for the Fiero Street Townhomes. We have had a lot of problems with crime in our neighborhood and would like to put up a fence.	[O] [A] Chris Bailey [C] Gonzales Electric Gates – Rod Braud
3207 WOODGLYNN DR	Accessory Structure Permit $30,000	Building a 30x30x12	[O] [A] Joe Dunn [C] N/A
2854 KALURAH ST	Addition Permit $20,000	Adding a cover over the front patio. See also violation 155242- After the fact permit. No customer service (alcohol) to the patio. No electrical.	[O] Shane Courrege [A] Shane Courrege [C] Duvics Holdings LLC – Shane Courrege
4949 STUMBERG LN	Electrical Permit $13,310	Replace meter center on side of Bldg 23, Apt 236, 239, 241, 242, 244, 245, 246, 248 Emergency Reconnect	[O] [A] Arthur Hartsell [C] AHART ELECTRICAL CONTRACTOR, INC.
1295 N SHERWOOD FOREST DR	Remodel Permit $10,000	(EXPEDITED) COMMERCIAL BUILD OUT OF A 1,015 SQ FT MASSAGE SPA. Ste. E	[O] HAISHAN YANG [A] Merrel Porche [C] Cornerstone Construction & Remodel LLC
9650 CREEKVIEW DR	Fence Permit $5,000	Rear Exit Only Gate for Dawson Bluff Neighborhood	[O] Richard Carmouche [A] Michael Carmouche [C] CARMOUCHE CONSTRUCTION COMPANY
14555 HIGHLAND RD	Small Cell Unit $3,000	Proposing 3 new network nodes in the public right of way. One node is a homeowner move from our previous batch (#160685) where we are moving it across the street to accommodate the homeowner outreach. No new notification required for this site per discussion with the City as the move is minor and all homeowners in the vicinity were previously notified on the original location. This is location (THE HIGHLANDS 1). We have 3 proposed new network nodes in the public right of way due to Entergy not allowing us to replace their existing streetlight poles. Notification and sign staking has been done for these 3 sites (THE HIGHLANDS 6, STARING ACRES 8, Highlands 6)	[O] [A] Kate Wesolick [C] N/A
6919 WHITLOW DR	Small Cell Unit $3,000	Proposing 3 new network nodes in the public right of way. One node is a homeowner move from our previous batch (#160685) where we are moving it across the street to accommodate the homeowner outreach. No new notification required for this site per discussion with the City as the move is minor and all homeowners in the vicinity were previously notified on the original location. This is location (THE HIGHLANDS 1). We have 3 proposed new network nodes in the public right of way due to Entergy not allowing us to replace their existing streetlight poles. Notification and sign staking has been done for these 3 sites (THE HIGHLANDS 6, STARING ACRES 8, Highlands 6)	[O] [A] Kate Wesolick [C] N/A
1000 N 23RD ST	Electrical Permit $2,500	Emergency repair of existing 2000A main breaker that burnt up.	[O] Jonathan Shexnayder [A] Kyle Tidwell [C] Grand Isle Shipyard, L.L.C.
4329 CHOCTAW DR	Electrical Permit $1,500	Sub panel replacement	[O] Ray Williams [A] George Sund [C] Structure Electric LLC – George Nicholas Sund
2927 NICHOLSON DR	Electrical Permit $500	Repairing meter for apartment 18.	[O] Thomas Karam [A] Thomas Karam [C] N/A
2927 NICHOLSON DR	Electrical Permit $500	Repairing meter for apartment 20.	[O] Thomas Karam [A] Thomas Karam [C] N/A
2927 NICHOLSON DR	Electrical Permit $500	Repairing meter for apartment 17.	[O] Thomas Karam [A] Thomas Karam [C] N/A
2927 NICHOLSON DR	Electrical Permit $500	Repairing of meter for apartment 19.	[O] Thomas Karam [A] Thomas Karam [C] N/A
536 S FLANNERY RD	Electrical Permit $500	Change 5 gang meter on Apartment complex	[O] Alicia [A] Renard Compton [C] Compton Electric, L.L.C. – Renard Compton
16337 STRAIN RD	Electrical Permit $1	SERVICE REBUILD – 800A SERVICE DUE TO STORM DAMAGE, ENTERGY POLE FELL & RIPPED DOWN THE 800A SERVICE. CLIENT W/O POWER.	[O] [A] J’Mikel Dykes [C] Dykes Electrical Contractors LLC – Christopher Blaine Kelehan
4915 ALVIN DARK AVE	Gas Test Permit $1	Apartment complex. Unit 15072, Bldg. 1519	[O] [A] MIKE LASSEIGNE [C] BATON ROUGE SEWER & DRAIN SERVICE, INC.
6434 STE A PECUE LN	Occupancy N/A	The building will be use for the art of dance.	[O] [A] robert Chapman [C] N/A
1787 N River Rd	Occupancy N/A	Permit to restore power for underpass pumps. UNDERPASS PUMP STATION.	[O] [A] Barry Serou [C] N/A
11848 STE E S HARRELL’S FERRY RD	Occupancy N/A	Turning power on to building.	[O] [A] Jarod Davis [C] N/A
6434 STE B PECUE LN	Occupancy N/A	The building will be used for the art of dance.	[O] [A] robert Chapman [C] N/A
5253 STE C DIJON DR	Occupancy N/A	General office space	[O] [A] george waters [C] N/A
4336 NORTH BLVD	Electrical Permit N/A	Change the name of the ownership of the Entergy to 4336 North Blvd Holdings, LLC, Entergy Acct. Suite 104	[O] [A] George Murrell [C] N/A
5251 STE P NICHOLSON DR	Occupancy N/A	Existing Business with New Owner. Suite P	[O] [A] To Nguyen [C] N/A
3930 STE I BURBANK DR	Occupancy N/A	Clean and show for Suite I	[O] [A] Corie Tapie [C] N/A
11944 STE 100 COURSEY BLVD	Occupancy N/A	Massage	[O] [A] Jincia Luo [C] N/A
4626 PLANK RD	Occupancy N/A	Barber/ Salon	[O] [A] Mikala Johnson [C] N/A
4225 NICHOLSON DR	Occupancy N/A	Requesting permit to have power turned on in Suite 102.	[O] [A] Don White [C] N/A
3121 GOVERNMENT ST	Occupancy N/A	Art Studio	[O] [A] David Rollins [C] N/A
4040 NORTH BLVD	Occupancy N/A	Personalized treatment plans designed to meet the unique needs of each individual. 24/7 support from trained professionals who specialize in mental health and substance abuse recovery. Therapeutic activities that promote emotional healing and personal growth. Peer support groups to encourage connection and shared experiences. Life skills development to empower residents towards independent living. Entergy Account Number : 207106113	[O] [A] Trashica Robinson [C] N/A
4212 STE B AMERICAN WAY	Occupancy N/A	commercial office space	[O] [A] Ashley Sokol [C] N/A
5906 STE 103 AIRLINE HWY	Occupancy N/A	Retail	[O] [A] Gurjit Sandhu [C] N/A
1784 HIGHLAND RD	Occupancy N/A	Automotive sells	[O] [A] Jules Beshears [C] N/A
1789 BOULEVARD DE PROVINCE	Occupancy N/A	Apartment D – utilities off more than 6 monthsHad tenant in unit 2017/2018 they moved & unit hasn’t had power since then. I had major spine surgery May 2019 (fusion T9 through S1). Which was a 5 yr recovery. Then COVID 2020-2021. So just now trying to get up & going again.	[O] Sara LeBlanc [A] Sara LeBlanc [C] N/A
307 FRANCE ST	Occupancy N/A	Office space	[O] [A] [C] N/A
4719 AIRLINE HWY	Occupancy N/A	AUTO REPAIR SHOP. EVERYTHING REMAINS THE SAME JUST HAVE NEW OWNERSHIPS WITH NEW LLC.	[O] [A] richard tran [C] N/A
11918 BRICKSOME AVE	Occupancy N/A	Waxing and esthetic services suite C	[O] Mark Estep [A] Jessica Abney [C] N/A
2924 STE A5 BRAKLEY DR	Occupancy N/A	Use as an office for work. A5	[O] Faysal Dandachi [A] Rebecca Love [C] N/A
5253 STE A DIJON DR	Occupancy N/A	general office	[O] [A] george waters [C] N/A
10611 PLAZA AMERICANA DR	Occupancy N/A	Office space. Suite A	[O] [A] Kevin Kearney [C] N/A

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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