The Pulse BR: Hotel developers purchase land off Corporate Blvd

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

Commercial Sales Recorded Last Week

9522 Brookline Ave, Baton Rouge, LA 70809
9522 Brookline Ave, Baton Rouge, LA 70809

Type: Office
Price: $1,650,000 ($89.75 / SF)
Buyer: 9522 Brookline LLC
Elifin’s Notes: Local investor purchases Brookline Ave office building off Drusilla Lane.

Tract B-2-A-1-A-2-B-3 West Lee Dr, Baton Rouge, LA 70820
Tract B-2-A-1-A-2-B-3 West Lee Dr, Baton Rouge, LA 70820

Type: Land
Price: $1,525,000 ($28.70 / Land SF)
Buyer: Tasty Delites Southeast LLC
Elifin’s Notes: The restaurant group behind brands like Burger King, Pizza Hut, Dunkin Donuts, Taco Bell, KFC, and Baskin Robbins purchases 1.22 acres on W Lee Dr.

2642 Meeker Dr, Baton Rouge, LA 70814
2642 Meeker Dr, Baton Rouge, LA 70814

Type: Industrial
Price: $1,120,000 ($49.78 / SF)
Buyer: Grace & Peter LLC
Elifin’s Notes: Texas-based investor purchases industrial property just off of S Choctaw Dr.

5178 Bluebonnet Blvd, Baton Rouge, LA 70809
5178 Bluebonnet Blvd, Baton Rouge, LA 70809

Type: Office
Price: $962,200 ($253.21 / SF)
Buyer: Bella Bowman Foundation, Inc
Elifin’s Notes: Local investor purchases a Class A office building along Bluebonnet Blvd and the adjacent residential investment property.

831 North St, Baton Rouge, LA 70802
831 North St, Baton Rouge, LA 70802

Type: Office
Price: $850,000 ($188.39 / SF)
Buyer: Edwin Coleman
Elifin’s Notes: Local man purchases the historic, downtown Baton Rouge landmark the Potts House.

39360 Airline Plaza Pl, Gonzales, LA 70737
39360 Airline Plaza Pl, Gonzales, LA 70737

Type: Industrial
Price: $650,000 ($125.39 / SF)
Buyer: All Star Properties, LLC
Elifin’s Notes: Local investor purchases this office warehouse property on nearly an acre of land.

4156 W E Heck Ct, Baton Rouge, LA 70816
4156 W E Heck Ct, Baton Rouge, LA 70816

Type: Office
Price: $500,000 ($187.48 / SF)
Buyer: Louisiana Firefighters Foundation
Elifin’s Notes: Louisiana Firefighters Foundation purchases office building just off Coursey Blvd.

15757 Old Hammond Hwy, Baton Rouge, LA 70816

Type: Land
Price: $375,000 ($1.72 / Land SF)
Buyer: HSR Construction LLC
Elifin’s Notes: HSR Construction purchases 5 acres near the corner of Old Hammond Hwy and O’Neal Lane.

8282 Siegen Lane, Baton Rouge, LA 70810
8282 Siegen Lane, Baton Rouge, LA 70810

Type: Land
Price: $266,000 ($5.31 / Land SF)
Buyer: DMS Mail Management Inc
Elifin’s Notes: DMS Mail Management purchase vacant lot neighboring the company’s Siegen Lane office.

5333 Hilton Ave, Baton Rouge, LA 70808
5333 Hilton Ave, Baton Rouge, LA 70808

Type: Land
Price: Withheld
Buyer: Ishika Hospitality LLC
Elifin’s Notes: Hotel developers purchase 2.5+ acres on the corner of Hilton Ave and Trust Dr.


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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