The Pulse BR: M&L Industries purchase new BR location for 5.2mm

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

Commercial Sales Recorded Last Week

10049 N Reiger Rd
10049 N Reiger Rd

Type: Industrial
Price: $5,200,000 ($108 / SF)
Buyer: F2MV LLC
Elifin’s Notes: M & L Industries purchase industrial Reiger Rd property for their new Baton Rouge location.

LafayetteSt
Lafayette St

Type: Land
Price: $525,000 ($70.23 / Land SF)
Buyer: TJ Farms LLC
Elifin’s Notes: Attorney Tony Clayton of Clayton, Fruge, & Ward Law Firm purchases parking lot in downtown Baton Rouge.

Lot 2-B-1, Unit C Sullivan Rd
Lot 2-B-1, Unit C Sullivan Rd

Type: Land
Price: $450,000 ($51.98 / Land SF)
Buyer: Patterson Investment Properties LLC
Elifin’s Notes: The owner of Patterson Homes purchases pad site at the Settlement on Shoe Creek in Central.

12220 Old Hammond Hwy
12220 Old Hammond Hwy

Type: Industrial
Price: $380,000 ($38 / SF)
Buyer: Abdu Obeid
Elifin’s Notes: Industrial property on Old Hammond Hwy sells to local investor.

862 O'Neal Lane
862 O’Neal Lane

Type: Office
Price: $350,000 ($81 / SF)
Buyer: Atlas Foundation Corporation
Elifin’s Notes: Atlas Foundation purchases the non-profit’s office building on O’Neal Lane.

2080 North St
2080 North St

Type: Land
Price: $315,000 ($7.38 / Land SF)
Buyer: Tubman LA Partners LLC
Elifin’s Notes: Vacant lot sells on the hard corner of North St and Scenic Hwy.

4378 Government St
4378 Government St

Type: Office
Price: $260,000 ($334 / SF)
Buyer: Troika Suites LLC
Elifin’s Notes: Office building sells on Government St in Mid City.

7454 Scenic Hwy
7454 Scenic Hwy

Type: Retail
Price: $252,000 ($12 / SF)
Buyer: AAA Commercial Rental LLC
Elifin’s Notes: Local investors purchase auto shop site on Scenic Hwy.

8455 Airline Hwy
8455 Airline Hwy

Type: Retail
Price: Withheld
Buyer: Downey Family Limited Partnership-2004 LP
Elifin’s Notes: Wyoming-based investor purchases car wash on Airline Hwy and Florline Ave.

10330 Coursey Blvd
10330 Coursey Blvd

Type: Retail
Price: Withheld
Buyer: JR Partners LLC
Elifin’s Notes: Connecticut-based investor purchases car wash on Coursey Blvd near Airline Hwy.

2112 Perkins Palm Ave
2112 Perkins Palm Ave

Type: Retail
Price: Withheld
Buyer: Hoss-Cat LLC
Elifin’s Notes: Local investor purchases restaurant space off Perkins Rd currently leased by SoLou.


Upcoming Planning Commission Cases

Minor Subdivision on S Tiger Bend Rd

  • Submitted 11/3/2022 by David and Jodie Frey. Proposed minor subdivision with a private street on property located on the east side of South Tiger Bend Road, north of Hoo Shoo Too Road.
  • Staff Report – Application – View on Map

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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