Ohio-based REIT acquires Oak Grove Townhomes

The March 16, 2026 issue covers twelve commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: 8888 Airline LLC, a local investor, bought a Conn's Home Plus property on Airline Highway, with plans to lease it to the Secretary of State. Retail made up four of the 12 sales, and an Ohio-based REIT acquired the 88-unit Oak Grove Townhomes in Prairieville, after buying the 148-unit Cedar Grove Townhomes earlier in the month.

By ELIFIN® Source: ELIFIN transaction database

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12Commercial sales recorded
4Retail sales, the most active type

Commercial Sales Recorded Last Week 12 sales

8888 Airline Hwy, Baton Rouge, LA 70815

8888 Airline Hwy

  • Retail
  • Baton Rouge

A Conn's Home Plus property sells to a local investor with plans to lease it out to the Secretary of State.

Buyer8888 Airline LLC

12137 Airline Hwy, Baton Rouge, LA 70817

12137 Airline Hwy

  • Industrial
  • Baton Rouge

A local buyer purchases an industrial property with office, showroom and warehouse space, recently occupied by Sunshine, a John Deere Dealer.

BuyerCJ Properties II LLC

11917 Florida Blvd, Baton Rouge, LA 70815

11917 Florida Blvd

  • Retail
  • Baton Rouge

An auto sales property sells in the Sherwood Forest area.

BuyerPham, Khac Duy

7980 Airline Hwy, Baton Rouge, LA 70806

7980 Airline Hwy

  • Retail
  • Baton Rouge

A convenience store/gas station property changes ownership at the corner of Airline Highway and Tom Drive.

BuyerInfinity Fuels LLC

Tract 3 Brown Rd, Baker, LA 70714

Tract 3 Brown Rd

  • Land
  • Baker

A 67 acre tract of land sells off of Brown Road in Baker.

BuyerWilson Gregory S; Wilson Cherie Aronstein

4310, 15515 Florida Blvd, Baton Rouge, LA 70806

4310, 15515 Florida Blvd

  • Industrial
  • Baton Rouge

A pair of auto repair properties change ownership on Florida Boulevard.

BuyerElzatme, Yasser R

10627 Alco Ave, Baton Rouge, LA 70816

10627 Alco Ave

  • Retail
  • Baton Rouge

A retail property, occupied by Kenny's Cue Club & Tavern, sells off of Airline Highway.

BuyerMJONEAL LLC

13521 S Choctaw Dr, Baton Rouge, LA 70815

13521 S Choctaw Dr

  • Industrial
  • Baton Rouge

An industrial property with office and warehouse space sells on South Choctaw Drive.

BuyerCVR Holdings, LLC

800 Scenic Highway, Baton Rouge, LA 70802

800 Scenic Highway

  • Land
  • Baton Rouge

A local buyer purchases a 1.3+ acre tract of land along North 22nd Street near Memorial Stadium.

BuyerRiddick Investments LLC

17172 Oak Lawn Blvd, Prairieville, LA 70769

17172 Oak Lawn Blvd

  • Multifamily
  • Prairieville

An Ohio-based REIT acquires the 88-unit Oak Grove Townhomes development. This same buyer purchased the 148-unit Cedar Grove Townhomes development earlier this month.

Buyer17172 Oak Lawn Blvd LLC

14465 Wax Rd (Suite A), Baton Rouge, LA 70818

14465 Wax Rd (Suite A)

  • Office
  • Baton Rouge

The same buyer purchases this property as one of two side-by-side office condo units across two different transactions.

BuyerKGS Property Management LLC

14465 Wax Rd (Suite B), Baton Rouge, LA 70818

14465 Wax Rd (Suite B)

  • Office
  • Baton Rouge

The same buyer purchases this property as one of two side-by-side office condo units across two different transactions.

BuyerKGS Property Management LLC

Commercial Permits Issued Last Week 23 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
450 LAUREL STExisting Bldg – Remodel Only (C)$555,000(EXPEDITED) RENOVATION OF EXISITNG TENANT AREA FOR OFFICES FOR ICE OPLA. 11th, Suite 1125O —A Matt CaillouetC FAULK & MEEK GENERAL CONTRACTORS, L.L.C.
6263 COMITE DRLand Clearing Permit (C)$250,000The project is to develop the subject property shown in the attachments into a residential subdivision containing a total of 167 lots. The work includes clearing and grubbing the currently undeveloped land located in a low density residential area. The total project site is +/-90.9 acres with approximately +/-85.5 acres to be cleared. There are +/-35.25 acres proposed for open space, including common areas and detention pond areas. The use for each proposed lot will be solely residential. The proposed clearing activities will take place as soon as the clearing permit is approved. Approximate start date: February/March 2026 Approximate end date: August/September 2026 Mitigation Area can be found on Sheet C-6 (OVERALL GRADING PLAN AND WATERSHED MAP) in the attached full set of construction drawings.O Jeremy BreauxA Jeanne SmithC Double D Construction, L.L.C.
3015 WESTFORK DRExisting Bldg – Addition & Remodel (Both) (C)$75,000RENOVATION OF ENTRANCE, PRIVATE DINING, RESTROOMS, STORAGE, AND LIQUOR COOLER ALONG WITH 144 SF ADDITION.O TEDRICK KNIGHTSHEADA Merrel PorcheC Lamp Built LLC – Quincy Lamar Plummer
5111 ESSEN LNMechanical Permit (New HVAC Sys) (C)$40,365Like For Like HVAC Change Out on Multiple SystemsO Regions BankA BGIS ITSC BGIS Integrated Technical Services US LLC
11400 SHERBROOK DRMechanical Permit (C)$27,908Replace 5-ton and 7 1/2-ton gas pack units.O —A Kerry ScavonaC A & K HEATING AND A/C, INC. – Kerry Scavona
928 ASTER STExisting Bldg – Remodel Only (C)$4,000One of five apartment units in the same building on Aster St. (project numbers 178202 , 178203 , 178204, and 178205). Replacing service with 5-pack meter panel 3 units occupied (926, 928, and 932 Aster). Change from galvanized to copper water line to enter unit. Addition of 2 mini-splits (one for living room, one for bedroom). Unit has power and tenants and no reconfiguration or changing of walls will occur.O —A Thomas KaramC AHK, L.L.C. – Bernard Habib Karam
302 3RD STElectrical Permit (C) N/AN/AThe building is being used to control the fire systems for the fire alarms and controls the Coca-Cola sign. 302 3rd St STE 101 HMO —A —C N/A
140 MAIN STOccupancy Permit (C) N/AN/ABar and LoungeO —A Stephanie BeckC N/A
12065 FLORIDA BLVDOccupancy Permit (C) N/AN/Aconvenience storeO —A AYSAR MOHAMMADC N/A
7865 JEFFERSON HWYOccupancy Permit (C) N/AN/Anails salonO —A Khoi PhamC N/A
1735 THOMAS H DELPIT DROccupancy Permit (C) N/AN/AYOUTH GYM AND COMMUNITY ACTIVITIESO —A BARRY SELFC N/A
2940 BERLIN DROccupancy Permit (C) N/AN/ABuild custom cabinetryO —A joaquin juleC N/A
1800 BLDG 5 CITY FARM DROccupancy Permit (C) N/AN/AGeneral law firm office use. Suite 5AO —A Raymond AshworthC N/A
7516 PICARDY AVEOccupancy Permit (C) N/AN/Ageneral officeO —A george watersC N/A
1680 O'NEAL LNRe-Roof (C) N/AN/AReplacing all the Old London Towne Apartment RoofsO —A Chris SuttonC Premier South LLC
9410 LINDALE AVEOccupancy Permit (C) N/AN/ANon profit office business. Suite AO —A Kelly McCrayC N/A
777 BEN HUR RDRe-Roof (C) N/AN/AReplace Asphalt Shingle RoofingO Nicholas GrayA mark boutwellC American Turnkey Construction, LLC
3852 E BROOKSTOWN DROccupancy Permit (C) N/AN/AProvider safe supportive housing for individuals experiencing homelessness and people who have mental illness who can not care for themselvesO Debra EacklesA Debra EacklesC N/A
12638 LA MARGIE AVEOccupancy Permit (C) N/AN/ATurning lights on.; BLDG 1 HOUSE METERO —A Jordan JonesC N/A
5265 AIRLINE HWYOccupancy Permit (C) N/AN/AJust a commercial c-2 lot with a 12×10 building for an office. I have owned it for 22 years. We sell cars, trucks, trailers and rvs.O edward rivereA edward rivereC N/A
1747 N HARCO DROccupancy Permit (C) N/AN/ATurning lights on.; BLDG 3 HOUSE METERO —A Jordan JonesC N/A
1701 N HARCO DROccupancy Permit (C) N/AN/ATurning lights on.; BLDG 5 HOUSE METERO —A Jordan JonesC N/A
1809 N HARCO DROccupancy Permit (C) N/AN/ATurning lights on. BLDG 2 HOUSE METER.O —A Jordan JonesC N/A
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