The Pulse BR: Perkins Rowe sells

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

Commercial Sales Recorded Last Week

7271 Airline Hwy, Baton Rouge, LA 70805
7271 Airline Hwy, Baton Rouge, LA 70805

Type: Hospitality
Price: $2,500,000 ($25,000 / Unit)
Buyer: Village Resorts Baton Rouge LLC
Elifin’s Notes: The Crown Extended Stay motel property, featuring 100 units, sells on Airline Highway.

10748 Perkins Rd, Baton Rouge, LA 70810
10748 Perkins Rd, Baton Rouge, LA 70810

Type: Specialty
Price: $1,200,000 ($84.25 / SF)
Buyer: Family of Faith SBC
Elifin’s Notes: Family of Faith purchases its current location on Perkins Road.

16488 Hwy 44, Prairieville, LA 70769
16488 Hwy 44, Prairieville, LA 70769

Type: Land
Price: $465,000 ($4.27 / Land SF)
Buyer: Gerber Sierra Accounting and Consulting LLC
Elifin’s Notes: Gerber Sierra Accounting and Consulting acquires a 2.5+ acre parcel of commercial-zoned land, with a single family residence improvement, near the corner of Highway 44 and Highway 933.

7750 Howell Blvd, Baton Rouge, LA 70807
7750 Howell Blvd, Baton Rouge, LA 70807

Type: Land
Price: $340,000 ($5.04 / Land SF)
Buyer: Southern University System Foundation
Elifin’s Notes: Southern University System Foundation acquires a 1.5+ acre parcel of commercial land on Howell Boulevard.

1818 Oakdale Dr, Baton Rouge, LA 70810
1818 Oakdale Dr, Baton Rouge, LA 70810

Type: Retail
Price: $335,000 ($225.13 / SF)
Buyer: Best N Show Holdings, LLC
Elifin’s Notes: A veterinarian clinic property sells off of Perkins Road on Oakdale Drive.

7515 Scenic Hwy, Baton Rouge, LA 70807
7515 Scenic Hwy, Baton Rouge, LA 70807

Type: Specialty
Price: $190,000 ($60.51 / SF)
Buyer: Southern University System Foundation
Elifin’s Notes: Southern University System Foundation acquires a learning center property along Scenic Highway in Southern Heights.

235 S 20th St, Baton Rouge, LA 70806
235 S 20th St, Baton Rouge, LA 70806

Type: Multifamily
Price: $120,000 ($15,000 / Unit)
Buyer: 235 S 20th St LLC
Elifin’s Notes: A pair of fourplexes trade on South 20th Street.

18701 Highland Rd, Baton Rouge, LA 70809
18701 Highland Rd, Baton Rouge, LA 70809

Type: Land
Price: Withheld
Buyer: Aim Higher La LLC
Elifin’s Notes: In one of two similar transactions, Lipsey’s acquires a 4.1+ acre parcel of vacant commercial land on Highland Road.

18555, 18605 Highland Rd, Baton Rouge, LA 70810
18555, 18605 Highland Rd, Baton Rouge, LA 70810

Type: Land
Price: Withheld
Buyer: Aim Higher LA, LLC
Elifin’s Notes: In one of two similar transactions, Lipsey’s acquires 10+ acres of vacant commercial land on Highland Road.

Tract 1-A-1-B Plank Rd, Baker, LA 70714
Tract 1-A-1-B Plank Rd, Baker, LA 70714

Type: Land
Price: Withheld
Buyer: Driven Brands Inc
Elifin’s Notes: Driven Brands Inc, a North Carolina-based company, acquires a 0.4+ acre parcel of land near the corner of Plank Road and Pettit Road in Baker.

4.04 Acres Airline Hwy, Gonzales, LA 70737
4.04 Acres Airline Hwy, Gonzales, LA 70737

Type: Land
Price: Withheld
Buyer: Rigid Investment Group LLC
Elifin’s Notes: A 4+ acre tract of land sells on Airline Highway near South Purpera Avenue.

7505 Bluebonnet Blvd, Baton Rouge, LA 70810
7505 Bluebonnet Blvd, Baton Rouge, LA 70810

Type: Office
Price: Withheld
Buyer: TGTPC Perkins Rowe Owner, LLC
Elifin’s Notes: TriGate Capital, a Dallas-based entity, purchases the Perkins Rowe management building to go along with their purchase of the Perkins Rowe mixed-use development.

10000 Perkins Rowe, Baton Rouge, LA 70810
10000 Perkins Rowe, Baton Rouge, LA 70810

Type: Mixed-Use
Price: Withheld
Buyer: TGTPC Perkins Rowe Owner, LLC
Elifin’s Notes: TriGate Capital, a Dallas-based entity, purchases the Perkins Rowe mixed-use development.


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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