The Pulse BR: Medical office near OLOL sells for 1.3mm

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

Commercial Sales Recorded Last Week

501 Louisiana Ave
501 Louisiana Ave

Type: Office
Price: $1,375,000 ($137.50 / SF)
Buyer: Horizon Land and Development, LLC
Elifin’s Notes: Mississippi investor purchases 10,000 sqft office building in Downtown

5344 Brittany Dr
5344 Brittany Dr

Type: Office
Price: $1,300,000 ($148.54 / SF)
Buyer: SJB Group LLC
Elifin’s Notes: Local engineering firm purchases medical office near Our Lady of the Lake.

8282 Siegen Lane
8282 Siegen Lane

Type: Retail
Price: $900,000 ($46.97 / SF)
Buyer: DMS Mail Management Inc
Elifin’s Notes: DMS Mail Management Inc purchases the company’s Siegen Lane office.

4669 Plank Rd
4669 Plank Rd

Type: Retail
Price: $650,000 ($78.68 / SF)
Buyer: Hindi Partners LLC
Elifin’s Notes: Former Aaron’s sells on the corner of Plank Rd and Evangeline St.

2850 N Flannery Rd
2850 N Flannery Rd

Type: Land
Price: Withheld
Buyer: Bingham Properties LLC
Elifin’s Notes: New Orleans investors purchases 60+ acres on N Flannery Rd.


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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