The Pulse BR: New York investors purchase 3 apartment complexes

15 Apr The Pulse BR: New York investors purchase 3 apartment complexes

Posted at 09:14h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

5251 S Sherwood Forest Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $1,300,000 ($135.42 / SF)
Buyer: Fen Xu
Elifin’s Notes: EE Kitchen & Bath owner purchases the company’s building on S Sherwood Forest Blvd.

13386 Airline Hwy, Gonzales, LA 70737

Type: Retail
Price: $1,190,000 ($175.00 / SF)
Buyer: Clay & Dean, LTD, LLC
Elifin’s Notes: A multi-tenant retail property sells along Airline Highway in Gonzales

1996 70th Ave, Baton Rouge, LA 70807

Type: Multifamily
Price: $430,000 ($39,091 / Unit)
Buyer: Grace Property Ventures LLC
Elifin’s Notes: Local investor purchases 11 residential homes throughout the Baton Rouge area.

9112 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $315,000 ($56.25 / SF)
Buyer: FCB Enterprises, LLC
Elifin’s Notes: Industrial property sells on S Choctaw Dr near the Oak Villa Blvd intersection.

1119 North Blvd, Baton Rouge, LA 70802

Type: Office
Price: $311,750 ($128.29 / SF)
Buyer: Harmony Properties LLC
Elifin’s Notes: Local investor, Collis Temple Jr, purchases office building on North Blvd.

North Blvd at N 12th St, Baton Rouge, LA 70802

Type: Land
Price: $123,250 ($6.58 / Land SF)
Buyer: Harmony Properties LLC
Elifin’s Notes: Local investor purchases two vacant lots on North Blvd.

6104 N Foster Dr, Baton Rouge, LA 70805

Type: Land
Price: $100,000 ($2.55 / Land SF)
Buyer: Onyx Square LLC
Elifin’s Notes: Vacant lot sells on N Foster Dr.

2121 N Lobdell Blvd, Baton Rouge, LA 70806

Type: Multifamily
Price: Withheld
Buyer: Granite Pelican Bay LLC
Elifin’s Notes: New York investors purchase the Pelican Bay apartments, a 117 unit complex on N Lobdell Ave.

4150 72nd Ave, Baton Rouge, LA 70807

Type: Multifamily
Price: Withheld
Buyer: Granite Howell Place LLC
Elifin’s Notes: New York investors purchase Howell Place apartments, a 48 unit complex on 72nd Ave.

8165 Plank Rd, Baton Rouge, LA 70811

Type: Multifamily
Price: Withheld
Buyer: Granite Pirates Bend LLC
Elifin’s Notes: New York investors purchase the Pirate Bends Apartments, a 48 unit complex on Plank Rd.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1628 FLORIDA ST	New Building Permit $1,500,000	New construction of 2,933 sq. ft. St. Louise de Marillac Chapel, chapel and meeting room.	[O] Michael Acaldo [A] Robert L Lunsford [C] DEUMITE CONSTRUCTION, L.L.C.
700 STE 400 MAIN ST	Remodel Permit $458,000	(EXPEDITED) PROJECT IS A 3500SF RENOVATION FOR AN OFFICE SPACE ON THE 4TH FLOOR OF A EXISTING OFFICE BUILDING.	[O] DEDRA BROWN [A] Phillip Kern [C] ACI FACILITY SUPPORT, LLC
5919 CREEK CENTRE DR	Remodel and Addition Permit $415,000	New team member access door, Tormax Drive-thru Door, expanded Drive-thru, new ice machine, hand sink, dump sink, filtered water faucet, new split system HVAC and new stainless-steel counters and table.	[O] [A] Carolyn Brewer (Agent) [C] Empower Construction Texas Inc – Brian Hargrave
14241 COURSEY BLVD	Mechanical Permit $356,089	CAP-X HVAC-2-USMV-042734-Removal of 6 existing RTUS and the installation of 6 new RTU on existing curbs with curb adapters.	[O] [A] [C] N/A
6632 JONES CREEK RD	Complete Interior Permit $350,000	Build out for new Physical Therapy Office to include exam rooms, restrooms, break room, new lights.	[O] Ryan Juneau [A] Thomas Chisholm [C] STIRLING PROPERTIES, L.L.C.
19900 SAMUELS RD	Land Clearing Permit $350,000	Land clearing of an existing undeveloped grassy site. Rough excavation of detention ponds.	[O] Josh Teekel [A] Ritter Maher [C] Harvey Honore Enterprises – Aaron Honore
10480 PERKINS RD	Remodel and Addition Permit $250,000	(EXPEDITED) 580 sf addition and 550 sf renovation to an existing restaurant.	[O] [A] Ritter Maher [C] ARKEL CONSTRUCTORS, LLC
3116 COLLEGE DR	Remodel Permit $150,000	Installing a new roof system by removing the existing gravel roof down to decking, then installing new TPO single ply membrane over 2 layers of 2.2 polyisocyanurate insulation.	[O] Tim Mitch [A] Kyle Willoughby [C] Willoughby Roofing & Sheet Metal, Inc.
7776 SCENIC HWY	New Building Permit $85,915	Building 50′ x 48′ Canopy over gas pumps at existing gas station.	[O] Dustin Collette [A] BRANDON EVANS [C] CHAPMAN CANOPY, INC. – BRANDON EVANS
2899 GREENWOOD DR	Existing Cell Tower $75,000	Verizon Wireless needs to upgrade some of their existing equipment located on this 90′ wooden pole. This is for a technology upgrade to provide better wireless coverage.	[O] Luciana Potter [A] Mary Porter [C] CMS Wireless, LLC of Delaware
8183 AIRLINE HWY	Addition Permit $70,000	(EXPEDITED) A 52 SQFT BUMPOUT ADDITION TO A EXISTING BANK FOR AN ATM ROOM.	[O] JACKIE PATIN [A] Phillip Kern [C] MAPP CONSTRUCTION, LLC.
3131 COLLEGE DR	Mechanical Permit $20,778	Change out the 10-ton gas pack rooftop unit	[O] [A] Kerry Scavona [C] A & K HEATING AND A/C, INC. – Kerry Scavona
930 O’Neal Lane	Mechanical Permit $17,300	Installation of commercial kitchen exhaust hood.	[O] [A] [C] N/A
4432 PLANK RD	Sign Permit $15,000	Commercial Sign	[O] Tran Hahn [A] Lauran Bunting [C] North Louisiana Electrical – Jacob McCartney
10220 COURSEY BLVD	Sign Permit $15,000	Sign- wall	[O] [A] Pedro Docampo [C] A-1 SIGNS, LLC
111 FOUNDERS DR	Mechanical Permit $14,785	remove & replace (1) 5 ton condenser and (1) air handler with 15kw heat, Suite 300	[O] [A] Kim Guzman [C] BRISTER-STEPHENS, INC.
1919 MILLERVILLE RD	Sign Permit $12,000	SIGN	[O] [A] Morgan Descant [C] DEEP SOUTH SIGNS, LLC – Morgan Descant
4675 ESSEN LN	Sign Permit $10,000	Sign – Wall	[O] [A] Pedro Docampo [C] A-1 SIGNS, LLC
10725 PERKINS RD	Sign Permit $6,600	Sign- monument	[O] [A] Cassie White [C] TTA Services LLC
10207 MAMMOTH AVE	Fence Permit $4,000	Installation of 6′ high chain link fence and gate WITHOUT barbed wire top. The fencing will be install on the side property lines.	[O] [A] Forrest Scott [C] FORREST SCOTT FENCING, INC.
243 STE 4 N ACADIAN THWY	Electrical Permit $1,200	Only Installed two ceiling fans, in place of existing lights (same CKT), Suite 4	[O] Corie Tapie [A] [C] BOBBY L. ACHORD
11832 NEWCASTLE AVE	Occupancy $893	Salon and spa	[O] Destiny Norris [A] Destiny Norris [C] LocsByD – Destiny Norris
2840 MISSION DR	Occupancy $500	short term materials storage	[O] [A] Forrest Scott [C] N/A
3030 CONGRESS BLVD	Gas Test Permit $495	Laundry Room	[O] Concord Condominiums [A] OMAR LOPEZ [C] Fair Rate Plumbing LLC – Rigoberto Lopez Castillo
111 FOUNDERS DR	Occupancy $297	This building is used as an office for an attorney’s office. The entergy account number for the read and leave on/ turn on permit is 200105211. Suite 400.	[O] Dodson and Sons Properties [A] Chris Corzo [C] Chris Corzo Injury Attorneys – Chris Corzo
1984 STARING LN	Occupancy $1	Start electricity service while searching for new tenant. Need permit sent to Entergy.	[O] Lori Cohn [A] Lori Cohn [C] Stephanie Hebert
11646 N OAK HILLS PKWY	Gas Test Permit $1	Gas Test	[O] Dhaval Adhvaryu [A] MIKE LASSEIGNE [C] Baton Rouge Sewer & Drain Service Inc DBA Roto Rooter – Michael Lasseigne
18157 E PETROLEUM DR	Occupancy $1	Start power service with Entergy	[O] Jairo Gualdron [A] Jairo Gualdron [C] N/A
2121 LOBDELL BLVD	Occupancy $1	Property Managers Office	[O] Myles Menowitz [A] Myles Menowitz [C] N/A
4915 ALVIN DARK AVE	Gas Test Permit $1	Gas Test, Unit #45	[O] [A] MIKE LASSEIGNE [C] BATON ROUGE SEWER & DRAIN SERVICE, INC.
12360 LEISURE RD	Demolition Permit N/A	Demo of existing bulk storage warehouse and slab Pre-engineered metal paneled building and shed structure.	[O] Andy Parker [A] Scott Zeringue [C] N/A
5565 ESSEN LN	Occupancy N/A	Donut Shop ( We need to get electrical power changed from existing owner to new owner) need suite letter.	[O] Brigham Ragusa [A] Brigham Ragusa [C] RIVER CITY AIR CONDITIONING – Brigham Ragusa
6947 VAN GOGH AVE	Occupancy N/A	MInistry	[O] Sharonda Brooks [A] Sharonda Brooks [C] N/A
10641 HILLARY CT	Occupancy N/A	Office, Suite 3 Office, Suite 3	[O] Shane Michelli [A] Stephanie Michelli [C] Blue Aqua LLC – Stephanie Michelli
7809 JEFFERSON HWY	Occupancy N/A	CLEAN AND SHOW ONLY. TENANT HAS VACATED AND WE NEED POWER ON IN LANDLORDS NAME. ENTERGY ACCOUNT #200160778. LOCK BOX ON THE DOOR 1984 CALL AHEAD, Suite C-2	[O] [A] Nichole Michelli [C] N/A
2980 O’NEAL LN	Occupancy N/A	Alcohol beer tobacco permit and electricity service from demco	[O] Poonam kaur Bhui [A] Poonam kaur Bhui [C] PK bhui corp – Poonam kaur Bhui
5565 ESSEN LN	Occupancy N/A	Xhalecity Vape Shop ( Need to get eletrical move for existing owner to new owner)	[O] Brigham Ragusa [A] Brigham Ragusa [C] N/A
2870 WELLER AVE	Occupancy N/A	Power to existing building, restoring power. ENTERGY	[O] [A] [C] N/A
1119 NORTH BLVD	Occupancy N/A	Office Space	[O] Collis B. Temple Jr. [A] Collis Temple [C] CT Contractors – Collis B. Temple Jr.
12116 AIRLINE HWY	Occupancy N/A	INSPECTION FOR A CLEAN AND SHOW OF A RETAIL SPACE	[O] MAXWELL ROBINSON [A] FRED MATTHEWS [C] MGC, INC – FRED MATTHEWS
2121 LOBDELL BLVD	Occupancy N/A	house meter	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2736 STE B O’NEAL LN	Occupancy N/A	The building will be used to store supplies and office space, Suite B	[O] [A] Michael Bowen [C] N/A
6230 HOLLYFIELD DR	Occupancy N/A	Construction company	[O] [A] phuong nguyen [C] N/A
7612 STE N PICARDY AVE	Occupancy N/A	clean and show for office	[O] [A] Dr. William Couvillion [C] N/A
8165 PLANK RD	Occupancy N/A	Resident Apartment Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pirates Bend – Myles Menowitz
11814 Market Place AVE	Occupancy N/A	Office space	[O] Yvonntae Lanehart [A] Yvonntae Lanehart [C] N/A
12041 BRICKSOME AVE	Occupancy N/A	CLEAN AND SHOW, Suite A	[O] RICHARD HEDLEY [A] RICHARD HEDLEY [C] N/A
7612 STE H PICARDY AVE	Occupancy N/A	clean and show for office	[O] [A] Dr. William Couvillion [C] N/A
9150 HIGHLAND RD	Occupancy N/A	Temporary Tent Permit for St. Jude Catholic Church Parish Fair, April 19-21	[O] Keith Neal [A] Keith Neal [C] N/A
3535 STE 350 PERKINS RD	Occupancy N/A	Hair salon, taking over existing salon business	[O] Rachel Eggie [A] Rachel Eggie [C] N/A
3064 OSWEGO ST	Occupancy N/A	Security Lights	[O] Courage Idusuyi [A] Courage Idusuyi [C] CK Enterprises of Louisiana – Courage Idusuyi
2121 LOBDELL BLVD	Occupancy N/A	Resident apartments	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident Apartment Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
8165 PLANK RD	Occupancy N/A	Resident Apartment Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pirates Bend – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 N Lobdell Blvd Building 12	Occupancy N/A	Resident Apartment Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
3052 OSWEGO ST	Occupancy N/A	Security Lights	[O] Courage Idusuyi [A] Courage Idusuyi [C] CK Enterprises of Louisiana – Courage Idusuyi
2645 BLDG B O’NEAL LN	Occupancy N/A	New Tenant in a Commercial Building	[O] Mike Rusk [A] Jeffrey Sheer [C] Valmet – Jeffrey Sheer
2121 LOBDELL BLVD	Occupancy N/A	Resident apartments	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 N Lobdell Blvd	Occupancy N/A	Resident apartments	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident apartments	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
1750 BRIGHTSIDE DR	Occupancy N/A	Thrift and consignment shop, Suite E	[O] Samantha Abshire [A] Samantha Abshire [C] N/A
4150 72ND AVE	Occupancy N/A	Office for property manager	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident Apartments	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
4150 72ND AVE	Occupancy N/A	Building 4 house meter	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Howell Place – Myles Menowitz
4150 72ND AVE	Occupancy N/A	Resident Apartment Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Howell Place – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident Apartment Units bldg 14 house meter	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident Apartment Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2121 LOBDELL BLVD	Occupancy N/A	Resident Units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
2333 N ACADIAN THWY W	Occupancy N/A	Bar and grill. Class A license in C1, C-AB-2 zoning.	[O] Alvera Harris [A] Alvera Harris [C] N/A
2121 LOBDELL BLVD	Occupancy N/A	Resident units	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
7930 JEFFERSON HWY	Occupancy N/A	CLEAN AND SHOW ONLY	[O] [A] Amy Ponthieu [C] N/A
8535 GREENWELL SPRINGS RD	Occupancy N/A	Retail clothing store	[O] Jerrell Settle [A] Jerrell Settle [C] Exclusive all around 225 – Jerrell Settle
2121 LOBDELL BLVD	Occupancy N/A	Building for tenants	[O] Ginger Positerry [A] Myles Menowitz [C] Granite Pelican Bay – Myles Menowitz
12090 S Harrells Ferry Rd	Occupancy N/A	Speech therapy services, D4	[O] Briana West [A] Briana West [C] West Therapy Solutions LLC – Briana West
9818 PERKINS RD	Occupancy N/A	CONVEINCE STORE WITH GAS EXISTING BUSINESS SELL ALCOHOL	[O] ABDELRAHIM SADI [A] ABDELRAHIM SADI [C] HOP IN – ABDELRAHIM SADI
6123 KETCHWOOD CT	Driveway Permit N/A	additional parking in driveway (25 x 30 slab) and (10 x 25 slab) and new walkway (50 x 4)	[O] Brady Wicker [A] Brady Wicker [C] Brady Wicker
10235 JEFFERSON HWY	Occupancy N/A	Clerical, Bldg. 1 Suite D	[O] [A] Bryant Voth [C] N/A
8280 YMCA PLAZA DR	Occupancy N/A	Office Space	[O] Landau Associates [A] Lev A Shulga [C] N/A
11616 Industriplex	Occupancy N/A	At 11616 Industriplex Unit 19, it will be a storage facility. DimentFirm is a Bankrupcy law firm where collateral will need to be stored when clients are needed to exit their existing location.	[O] [A] Matthew Diment [C] N/A
18135 E Petroleum	Occupancy N/A	Meat Market and deli, Suite J	[O] Tressy Leindecker [A] tressy leindecker [C] Chris’s Specialty Foods – tressy leindecker
6401 BLUEBONNET BLVD	Occupancy N/A	Restaurant & Bar, #720	[O] [A] Quincy Quiett [C] N/A
11616 Industriplex	Occupancy N/A	11616 Industriplex BLVD in units 18 and 19 DimentFirm LLC will be using these units for storage of collateral. 4/4/2024 Matthew Diment I will use this one for unit 18 since there is a meter for each one.	[O] [A] Morley Diment [C] N/A

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