Magnolia Trace Apartments sold for 8.6 million

The July 6, 2026 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $14.8M in disclosed volume. The headline deal: Emerald City Associates LLC, a North Carolina-based company, paid $8.62M ($35,051/unit) for the 246-unit Magnolia Trace Apartments on North Harrells Ferry Road. Retail made up four of the eight sales, including a $2.8M strip center on Siegen Lane, and the Harley Davidson dealership on Siegen Lane changed hands at an undisclosed price.

By ELIFIN® Source: ELIFIN transaction database

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8Commercial sales recorded
$14.8MDisclosed volume (7 of 8 sales)
$8.62MLargest sale · 11585 N Harrells Ferry Rd
4Retail sales, the most active type

Commercial Sales Recorded Last Week 8 sales

11585 N Harrells Ferry Rd, Baton Rouge, LA 70816

11585 N Harrells Ferry Rd

  • Multifamily
  • Baton Rouge

$8,622,500 $35,051 / unit

A North Carolina-based company purchases the Magnolia Trace Apartments, 246-unit multifamily property.

BuyerEmerald City Associates LLC

6212 Siegen Lane, Baton Rouge, LA 70809

6212 Siegen Lane

  • Retail
  • Baton Rouge

$2,800,000 $434.78 / SF

A strip center property changes hands on Siegen Lane.

BuyerHarbor Investments of Gulf Shores LLC

7955 Bluebonnet Blvd, Baton Rouge, LA 70809

7955 Bluebonnet Blvd

  • Retail
  • Baton Rouge

$1,236,000 $313.47 / SF

A restaurant property sells adjacent to the United States Postal Service on Bluebonnet Boulevard.

BuyerGolden Capital Holdings LLC

8535 GSRI Ave, Baton Rouge, LA 70810

8535 GSRI Ave

  • Self-Storage
  • Baton Rouge

$830,000 $3,825 / unit

A 217-unit self-storage facility changes ownership near Hartley/Vey Park at Gardere.

BuyerJHJSTORAGERB LLC

5580 Government St, Baton Rouge, LA 70806

5580 Government St

  • Retail
  • Baton Rouge

$650,000 $180.56 / SF

A restaurant property changes hands on Government Street.

BuyerGrand Development Group LLC

17374 Vallee Ct, Prairieville, LA 70769

17374 Vallee Ct

  • Industrial
  • Prairieville

$400,000 $80.00 / SF

Industrial office warehouse trades hands just off Hwy 42 in Prairieville.

BuyerCorkern Investments, LLP

1310 Oriole St, Baton Rouge, LA 70807

1310 Oriole St

  • Multifamily
  • Baton Rouge

$225,000 $28,125 / unit

An 8-unit multifamily property sells on Oriole Street.

BuyerDream Books LLC

5853 Siegen Lane, Baton Rouge, LA 70809

5853 Siegen Lane

  • Retail
  • Baton Rouge

Price withheld

The Harley Davidson dealership changes hands on Siegen Lane.

BuyerSteve Towers Holding LLC

Commercial Permits Issued Last Week 40 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
2106 PERKINS RDNew Building Permit (C)$550,000(Expedited) New 2 story medical clinic for single practitioner w/ parking.O —A John PourciauC Leblanc & Fresina Investments LLC
6800 SCENIC HWYExisting Bldg – Remodel Only (C)$400,000(EXPEDITED) Converting existing building into Student Housing.O —A Dexter HendersonC I G H Contracting Services LLC – Eric Thompson Sr.
7570 JEFFERSON HWYInterior Shell Buildout (C)$400,0005.325 square foot Interior only completion in vacant existing shell space for a store that sells pet food and pet accessories (mercantile). Previous store was a 10,853 square foot Rite Aide (also mercantile), that has been divided by demising walls into three tenant spaces. Shell renovation by the building owner may still be in progress.O —A Thomas DonaldsonC CENTURION CONSTRUCTION MANAGEMENT, L.L.C.
325 FLORIDA STExisting Bldg – Remodel Only (C)$325,000This project consists of renovations to install a new elevator within an existing office building, providing service between the first and second floors. The work includes interior, structural, mechanical, and electrical modifications. The scope covers approximately 390 SQFT within the existing 5,950 SQFT building and includes construction of a new elevator pit and hoistway.O Renee AmarA Landon RaineyC Buquet and LeBlanc, Incorporated
4415 AMERICAN WAYElectrical Permit (C)$103,700ELECTRICAL REMODEL adding a panel; running circuit to test table.O Chad GuzzardoA Jack MANNOC MANNO ELECTRIC, INC.
1880 FLONACHER RDParking Lot Permit (C)$103,000Add [truck scale], lime stone to parking lot, small concrete pad, and berm to prevent rainwater from leaving the property onto the neighbor.O —A Hooper PriceC Empire Integrity Services LLC – Hooper Glynn Price
8281 GOODWOOD BLVDExisting Bldg – Remodel Only (C)$100,000renovation of 2000 sq ft on the 1st floor on an existing building.O Chris TownA Britany DealminanaC Arkel Constructors, LLC – Mike O'Deay
5100 GREENWELL SPRINGS RDElectrical Permit (C)$80,000we are trying to provide initial power for football stadium lightsO —A Alleigh Rae KaluzaC Grand Isle Shipyard, L.L.C.
5250 CHENEAU LNExisting Bldg – Remodel Only (C)$40,000Renovation of Rouzan subdivision Farm supply storage structure to create HOA meeting office- Building constructed in project 109945.O Joesph LabbeA Amy WhitsellC Level Construction and Development LLC – Level Homes
6347 GREENWELL SPRINGS RDExisting Bldg – Addition Only (C)$40,000Dee's Blues Box #2 patio additionO Demetris ChambersA Kelvin HunterC COVENANT GENERAL CONTRACTORS, INC. – Noble Okon Enime
11315 Florida BlvdExisting Bldg – Remodel Only (C)$40,000(Expedited) Remodel suite into a restaurant.O Minh NguyenA Chau PhamC Elvin Trung Do – Elvin Trung Do
2040 Oneal LnSign Permit (C)$11,500Commercial Plyon SignO —A kimberly gremillionC gulf south signs, llc – jack gremillion
330 S 19TH STElectrical Permit (C)$10,000Provide power for two electric gates in the parking lot on the corner of S 19th street and Spain Street. We will come off of a transformer and run underground to a service that will be built inside the gate.O —A Blake LinxwilerC T3 Electrical Solutions LLC
1251 N ARDENWOOD DRExisting Bldg – Remodel Only (C)$10,000Building 9 Unit 87 Work performed consisted of light drywall repair and repainting throughout the building. Scope was limited to patching and refinishing damaged or deteriorated sheetrock surfaces. No structural work, full-panel replacements, or layout modifications were performed. Careful removal of the previous windows and installation of the new vinyl windows. All measurements and plans in supporting documents.O Declan SavageA Declan SavageC N/A
9257 FLORIDA BLVDChange in Occupancy/Use Classification (C)$8,000Paint Remix is a place where guest can come out and have clean fun to Paint on pre-sketch canvas, sing, and enjoy.O —A LaTaoya Moore-JettC N/A
9626 AIRLINE HWYElectrical Permit (C)$2,650Complete electrical service rebuild of existing 400-amp, three-phase service, including completion of service equipment, feeder terminations, grounding and bonding, and final connections as required for code compliance.O —A —C MNM Electrical Solutions – Miles Miller
7550 LASALLE AVERe-Roof (C)N/AExisting roof replacementO Geordy WatersA Jorge SorianoC Garcia Roofing Replacement, LLC
4260 EVANGELINE STChange in Occupancy/Use Classification (C)N/ARose Learning Loft Commercial Change in Occupancy Classification. Using parts of the church as a daycare.O —A Destiny ChatmanC Power House Developments, LLC – Tyon Woodrow Robinson
13431 PERKINS RDSpecial Foundation Permit (C)N/AFoundation only for new elementary school project. No grading outside of Building footprint or any other site work until permit 179226 is issued.O Roosevelt HaneyA Cecilia GomesC Lincoln Builders of Baton Rouge, Inc. – Clint Graham
8201 JEFFERSON HWYOccupancy Permit (C)N/ALaw firmO Kirk GuidryA Kirk GuidryC N/A
8201 JEFFERSON HWYOccupancy Permit (C)N/ALaw firmO Kirk GuidryA Kirk GuidryC No contractor
8201 JEFFERSON HWYOccupancy Permit (C)N/ALaw firm; Suite AO —A Kirk GuidryC N/A
5425 GALERIA DROccupancy Permit (C)N/ASalon usage for one occupant; Suite BO —A MARKEISHA HillsC N/A
2621 MEEKER DROccupancy Permit (C)N/AHEAVY EQUIPMENTO —A Gaynell SanchezC N/A
8201 JEFFERSON HWYOccupancy Permit (C)N/ALaw firmO —A Kirk GuidryC N/A
8201 JEFFERSON HWYOccupancy Permit (C)N/ALaw firm; Suite BO —A Kirk GuidryC N/A
2515 O'NEAL LNOccupancy Permit (C)N/ANAILS SHOPO —A THI THU MINH HUYNHC N/A
5383 CHOCTAW DROccupancy Permit (Clean & Show) (C)N/ANo work being done, only transferring service after tenant moved out.O —A Melissa BrownC N/A
9774 GREENWELL SPRINGS RDRe-Roof (C)N/APVC overlay PC-35968.00O —A Chris SuttonC Premier South LLC
148 MC GEHEE DROccupancy Permit (C)N/ASalonO —A Chelsea ThompsonC N/A
10330 AIRLINE HWYOccupancy Permit (C)N/AHealth and Life Insurance SalesO —A Kenneth WrightC N/A
8201 JEFFERSON HWYOccupancy Permit (C)N/ALaw firm; Suite CO —A Kirk GuidryC N/A
5557 GOVERNMENT STOccupancy Permit (C)N/AHair StudioO —A Kelli HutchinsonC N/A
7225 ADELIA LNOccupancy Permit (C)N/AOffice for design-build contractorO —A Bill FiresheetsC N/A
3154 COLLEGE DROccupancy Permit (Clean & Show) (C)N/ASuite N – Clean and Show. Key box code is 0461O —A Patti PizzolatoC N/A
7809 JEFFERSON HWYOccupancy Permit (C)N/ANeed to get a permit to change to electricity with the Entergy name on the account.O —A Lauren DiVincentiC N/A
3332 LAKE STOccupancy Permit (Clean & Show) (C)N/ATenant has vacated this property. I would like to turn the electricity on in company name so that we can maintain and show this property.O —A PHILIP MOODYC N/A
11834 MARKET PLACE AVEOccupancy Permit (C)N/AGreater You Counseling Center is an outpatient behavioral health counseling practice providing professional mental health services, including individual, couples, family, substance abuse counseling, and group counseling. The facility will also be used for administrative offices, client intake, case management, and telehealth services.O —A Charme ThompsonC N/A
9257 FLORIDA BLVDOccupancy Permit (C)N/ATattoo studio lobbyO Branden BarkerA Salena AlvaradoC N/A
6620 GREENWELL SPRINGS RDRe-Roof (C)N/ARemove existing roof and underlying insulation to the 22-gauge metal deck and properly dispose of. Mechanically fasten a new tapered polyisocyanurate system promoting proper drainage into the new 24 gauge kynar coated gutter and downpipe system.O —A Rick GurtnerC PREMIER SERVICE TEAM, LLC
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