The Pulse BR: Phoenix-based firm purchases large mobile home community

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

Commercial Sales Recorded Last Week

9261 Baringer Foreman Rd
9261 Baringer Foreman Rd

Type: Land
Price: $1,270,000 ($2.27 / Land SF)
Buyer: Kodiak Business Park LLC
Elifin’s Notes: Prairieville-based developer purchases nearly 13 acres on Barringer Foreman Rd with plans for a new business park.

8026 Picardy Ave
8026 Picardy Ave

Type: Office
Price: $1,200,000 ($255.32 / SF)
Buyer: Picardy Tres LLC
Elifin’s Notes: Cajun Industries purchases office building on Picardy Ave.

11737 Wentling Ave
11737 Wentling Ave

Type: Office
Price: $800,000 ($92.75 / SF)
Buyer: IOS Investments LLC
Elifin’s Notes: Local investors purchase four suite office building with attached warehouse space off S Sherwood Forest Blvd.

2022 North Harco Dr
2022 North Harco Dr

Type: Industrial
Price: $710,000 ($71.00 / SF)
Buyer: Hornet Properties LLC
Elifin’s Notes: California-based investor purchases office warehouse off S Choctaw Dr.

10720 S Choctaw Dr
10720 S Choctaw Dr

Type: Industrial
Price: $550,000 ($137.50 / SF)
Buyer: Green Valley Choctaw Two LLC
Elifin’s Notes: Lightning Bolt & Supply purchases two lots on S Choctaw Dr neighboring property the company already owns.

4815 Jamestown Ave
4815 Jamestown Ave

Type: Office
Price: $500,000 ($59.08 / SF)
Buyer: GSAC-Jamestown LLC
Elifin’s Notes: Local doctor purchases two-story office building on Jamestown Ave.

2625 E Dual St
2625 E Dual St

Type: Industrial
Price: $500,000 ($54.35 / SF)
Buyer: Forum Industrial Properties LLC
Elifin’s Notes: Texas-based investors purchases industrial property off S Choctaw Dr.

214 Ocean Dr
214 Ocean Dr

Type: Office
Price: $410,000 ($73.48 / SF)
Buyer: HWJ Holdings, LLC
Elifin’s Notes: Investor purchases office building on Ocean Dr.

3845 Hwy 19
3845 Hwy 19

Type: Retail
Price: $300,000 ($80.95 / SF)
Buyer: Wesam Saleh
Elifin’s Notes: Retail property sells in Zachary on the corner of Hwy 19 and Lower Zachary Rd.

7575 E Industrial Ave
7575 E Industrial Ave

Type: Industrial
Price: $130,000 ($19.60 / SF)
Buyer: Duane Griffon Properties LLC
Elifin’s Notes: Local investor purchases industrial property on E Industrial Ave.

14350 Wax Rd
14350 Wax Rd

Type: Retail
Price: Withheld
Buyer: Central Buffet Inc
Elifin’s Notes: Central Buffet purchases the shopping center the restaurant is apart of in Central.

18733 Samuels Rd
18733 Samuels Rd

Type: Multifamily
Price: Withheld
Buyer: Beacon Sweetbriar LLC
Elifin’s Notes: Clear Sky Capital, a Phoenix-based real estate investment firm, purchases Sweet Briar Estates, a 300 unit mobile home community in Zachary.


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
No Comments

Post A Comment