The Pulse BR: Highland Village Shopping Center sells for 8.3mm

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

Commercial Sales Recorded Last Week

5255 Highland Rd, Baton Rouge, LA 70808
5255 Highland Rd, Baton Rouge, LA 70808

Type: Retail
Price: $8,300,000 ($114.47 / SF)
Buyer: RG Highland LLC
Elifin’s Notes: The Walmart-anchored Highland Village Shopping Center, comprising three buildings, sells to a Laplace-based buyer.

11777 Coursey Blvd, Baton Rouge, LA 70816
11777 Coursey Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $995,000 ($194.22 / SF)
Buyer: MAARS Properties LLC
Elifin’s Notes: A local entity purchases a restaurant property along Coursey Boulevard near South Sherwood Forest Boulevard.

11638 Sun Belt Ct, Baton Rouge, LA 70809
11638 Sun Belt Ct, Baton Rouge, LA 70809

Type: Industrial
Price: $702,505 ($109.00 / SF)
Buyer: Can A Day LLC
Elifin’s Notes: An industrial property with both office and warehouse space sells off of Industriplex Boulevard.

2215 W Boardwalk Dr, Baton Rouge, LA 70816
2215 W Boardwalk Dr, Baton Rouge, LA 70816

Type: Office
Price: $700,000 ($101.39 / SF)
Buyer: Khaled Sandra Taufiq
Elifin’s Notes: An office property with a gated parking lot changes hands on West Boardwalk Drive.

13646 Perkins Rd, Baton Rouge, LA 70810
13646 Perkins Rd, Baton Rouge, LA 70810

Type: Office
Price: $350,000 ($159.09 / SF)
Buyer: St George Fire Protection District No 2
Elifin’s Notes: The St. George Fire Department purchases an office property next to their existing fire station on Perkins Road.

10781 Coursey Ct, Baton Rouge, LA 70816
10781 Coursey Ct, Baton Rouge, LA 70816

Type: Industrial
Price: Withheld
Buyer: TruCore Services LLC
Elifin’s Notes: An 80,000 SF industrial property, occupied by FedEx, sells off of Coursey Boulevard.


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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