The Pulse BR: Sherwood Pointe shopping center sells

20 Mar The Pulse BR: Sherwood Pointe shopping center sells

Posted at 09:23h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

7323 Tom Dr

Type: Industrial
Price: $2,610,000 ($75 / SF)
Buyer: JM Test RE Acquisition LLC
Elifin’s Notes: Kanbrick, a Chicago-based business investment firm, purchase JM Test Systems’ facility on Tom Dr as part of their purchase of the company.

6120 Perkins Rd

Type: Office
Price: $2,000,000 ($147 / SF)
Buyer: Glo Resources LLC
Elifin’s Notes: Glo Resources purchases office building on Perkins Rd near the Pennington Biomedical Research Facility.

3034 S Sherwood Forest Blvd

Type: Retail
Price: $1,688,888 ($152 / SF)
Buyer: YCT LLC
Elifin’s Notes: Local investors purchase the Sherwood Pointe shopping center on S Sherwood Forest Blvd.

11800 Industriplex Blvd, Suite 14

Type: Industrial
Price: $525,000 ($81 / SF)
Buyer: AZSRM Properties LLC
Elifin’s Notes: An office/warehouse industrial suite sells at the Metrocenter II complex.

12016 Justice Ave

Type: Office
Price: $335,000 ($102 / SF)
Buyer: D’Vine Renovations and Investors LLC
Elifin’s Notes: Office building sells on Justice Ave.

936 N Bon Marche Dr

Type: Office
Price: $335,000 ($91 / SF)
Buyer: D-Mag Enterprises LLC
Elifin’s Notes: Office sells on N Bon Marche Dr.

6755 Airline Hwy

Type: Retail
Price: $300,000 ($25 / SF)
Buyer: Dawood Mohamed
Elifin’s Notes: Retail property on Airline Hwy near Prescott Rd sells to local investor.

11535, 11545 Sullivan Rd

Type: Retail
Price: $300,000 ($22 / SF)
Buyer: Fernbrook Properties LLC
Elifin’s Notes: Two commercial buildings sell in Central on Sullivan Rd near the Hooper Rd intersection.

14608 S Harrells Ferry Rd

Type: Office
Price: $220,000 ($169 / SF)
Buyer: Prime Physical Therapy LLC
Elifin’s Notes: Prime Physical Therapy purchase office near the company’s current office on S Harrell’s Ferry Rd.

6301 Choctaw Dr

Type: Industrial
Price: $115,000 ($17 / SF)
Buyer: Food N’Geaux LLC
Elifin’s Notes: Industrial property sells on Choctaw Dr near the Greenwell Springs Rd intersection.

19888 Thad Cain Lane

Type: Industrial
Price: Withheld
Buyer: CPI Baton Rouge I LLC
Elifin’s Notes: New Jersey-based real estate investors purchase distribution facility off Airline Hwy near the Highland Rd intersection.

255 Laurel St

Type: Land
Price: Withheld
Buyer: Sigyn LLC
Elifin’s Notes: Real estate agent, Hank Saurage, purchases downtown parking lot.

Upcoming Planning Commission Cases

DiGiulio Brothers Italian Cafe on Perkins expanding and rezoning

Submitted 2/2/23 by Rachel Waldroup. Proposed rezoning from C1 and restaurant (C-AB-1) to restaurant (C-AB-1) and LC1 on gravel parking lot located on the north side of Perkins Road, east of Christian Street, for new restaurant addition.
Staff Report – Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3354 KLEINERT AVE	Commercial: Addition $7,030,000	Renovation of existing Synagogue to accommodate administrations offices, library and conference rooms, Sunday School Rooms related to the use of the Synagogue and a Day Care Facility (Educational Occupancy). Addition of an 8,462 s.f. sanctuary, fellowship hall, includes a kitchen – with grease trap and fire suppression hood (Assembly Occupancy (Sprinklered). The new, sprinklered Type IIB Protected addition is separated from the existing non-sprinklered, Type IIB construction by a 2-hour wall.	[O] Steven Cavalier [A] Trula Remson [C] ARKEL CONSTRUCTORS, LLC
4730 BLUEBONNET BLVD	Commercial: New $650,000	New construction of 5,998 sq. ft. Office Building 4 with two suites in office park. Ste. 400 of 2,990 s.f. and Ste. 401 of 2,760 s.f.	[O] Jay Yalamanchili [A] Chelsey Benoit [C] HADDAD CONTRACTORS LLC
13353 PERKINS RD	Commercial: Complete Interior $400,000	Renovation of 7,236 sq. ft. building for Office & Training Space for Medical Sales Company	[O] Sam Eaton [A] Brian Anderson [C] MAYER BUILDING COMPANY, L.L.C.
5909 FLORIDA BLVD	Fence $200,000	New Construction of approximate 335 LF of an 7′-6 1/4 Tall Split Face CMU wall along North Ardenwood Drive and the installation of 380 LF of a 6′ tall aluminum picket fence along Florida Blvd and 136 LF along N Ardenwood as shown in the attached site plan.	[O] Manuel Noredo [A] Matthew Rodrigue [C] SHAMROCK CONSTRUCTION CO., INC.
9638 AIRLINE HWY	Commercial: Remodel $90,000	Remodel of an existing T-Mobile including new finishes, furniture/fixtures, ceiling/lights and MEP.	[O] Jeff Shaw [A] Chelsea Peniston [C] M.D.S. BUILDERS, INC.
7543 STE B JEFFERSON HWY	Commercial: Remodel $80,000	(Expedited) Interior renovations of 5100 square foot existing suite.	[O] Van Vo [A] Britany Wethey [C] HADDAD CONTRACTORS LLC
9708 GREENWELL SPRINGS RD	Fence $60,000	Installation of chain-link fence for future self-storage facility in existing shopping center with various tenants.	[O] Kevin Berghs [A] Kevin Berghs [C] WAIKATO ENTERPRISES, INC.
11954 COURSEY BLVD	Commercial: Complete Interior $45,000	Renovation of tenant space previously used as exercise studio to create individual salon stations. Scope of work consists of new walls, move some HVAC ducts and registers, add some walls, move some electrical fixtures adding shampoo bowls at rear of building.	[O] James Black [A] Jim Black [C] Jebco Building LLC
6941 EXCHEQUER DR	Commercial: Remodel $35,000	(Expedited) Interior remodel of office warehouse for online furniture rental.	[O] Rodney Ballard [A] Rodney Ballard [C] A&Q Maintenance LLC – Rodney Ballard
2601 N FLANNERY RD	Cell Tower $35,000	MODIFY EXISTING GROUND BASED AND TOWER MOUNTED EQUIPMENT ON EXISTING CELL TOWER AS PER PLANS	[O] American Tower [A] Dan Berni [C] SAC WIRELESS, LLC
6452 GOVERNMENT ST	Fence $28,400	Fencing along the front yard including one access gate and a Double driveway gate	[O] Guilherme Miranda [A] Gannon Faul [C] Supreme Fencing LLC
734 GOODRIDGE WAY	Fence $20,000	Brick Column fence with brick	[O] Vincent Centanni [A] Vincent Centanni [C] N/A
3226 DALTON ST	Manufactured Home: Existing $12,000	remodeling house	[O] [A] Raymond Bennie [C] N/A
10840 DENALI AVE	Fence $4,000	6′ Wood residential fence and 4′ aluminum fence along rear property. fence to be located on lot 94 and minimum of 3 inside property lines. owner to install fence. part of the fence will encroach the existing 15′ public drainage servitude. owner willing to sign hold harmless and any necessary documents.	[O] [A] Jonathan Bradley [C] N/A
19840 LIBERTY RD	Manufactured Home: Existing $3,000	building pad for mobile home	[O] [A] Allen Quebedeaux [C] N/A
15767 CONFEDERATE AVE	Fence $2,500	Putting up a 32.5 iron fence panel from the house, 12′ iron gate across driveway and a 18 fence panel on the other side of the driveway. The poles holding gate are 4-inch 3/16-inch square tube and are 36 to 42 in the ground with 3-inch fins welded towards bottom. The two poles at each end are 2 14-gauge square tubing with 3-inch fins welded towards bottom and are 36 in the ground. It took 27 bags of Quikcrete.	[O] Joseph Carlock [A] Joseph Carlock [C] Joseph Carlock
16336 OLD HAMMOND HWY	Electrical N/A	Just need basic power to use tools..not for a residence or remodel	[O] Maria Flores [A] Denise Stockwell [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.

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