Sherwood Pointe shopping center sells
The March 20, 2023 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $8.43M in disclosed volume. The headline deal: JM Test RE Acquisition LLC, for Chicago-based business investment firm Kanbrick, paid $2.61M ($75/SF) for JM Test Systems' facility on Tom Drive as part of Kanbrick's purchase of the company. Industrial and office led with four sales each, while local investors bought the Sherwood Pointe shopping center on South Sherwood Forest Boulevard for $1.69M and Glo Resources bought an office building on Perkins Road near the Pennington Biomedical Research Facility for $2M.
Commercial Sales Recorded Last Week 12 sales
7323 Tom Dr
$2,610,000 $75 / SF
Kanbrick, a Chicago-based business investment firm, purchase JM Test Systems' facility on Tom Dr as part of their purchase of the company.
BuyerJM Test RE Acquisition LLC
6120 Perkins Rd
$2,000,000 $147 / SF
Glo Resources purchases office building on Perkins Rd near the Pennington Biomedical Research Facility.
BuyerGlo Resources LLC
3034 S Sherwood Forest Blvd
$1,688,888 $152 / SF
Local investors purchase the Sherwood Pointe shopping center on S Sherwood Forest Blvd.
BuyerYCT LLC
11800 Industriplex Blvd, Suite 14
$525,000 $81 / SF
An office/warehouse industrial suite sells at the Metrocenter II complex.
BuyerAZSRM Properties LLC
12016 Justice Ave
$335,000 $102 / SF
Office building sells on Justice Ave.
BuyerD'Vine Renovations and Investors LLC
936 N Bon Marche Dr
$335,000 $91 / SF
Office sells on N Bon Marche Dr.
BuyerD-Mag Enterprises LLC
6755 Airline Hwy
$300,000 $25 / SF
Retail property on Airline Hwy near Prescott Rd sells to local investor.
BuyerDawood Mohamed
11535, 11545 Sullivan Rd
$300,000 $22 / SF
Two commercial buildings sell in Central on Sullivan Rd near the Hooper Rd intersection.
BuyerFernbrook Properties LLC
14608 S Harrells Ferry Rd
$220,000 $169 / SF
Prime Physical Therapy purchase office near the company's current office on S Harrell's Ferry Rd.
BuyerPrime Physical Therapy LLC
6301 Choctaw Dr
$115,000 $17 / SF
Industrial property sells on Choctaw Dr near the Greenwell Springs Rd intersection.
BuyerFood N'Geaux LLC
19888 Thad Cain Lane
Price withheld
New Jersey-based real estate investors purchase distribution facility off Airline Hwy near the Highland Rd intersection.
BuyerCPI Baton Rouge I LLC
255 Laurel St
Price withheld
Real estate agent, Hank Saurage, purchases downtown parking lot.
BuyerSigyn LLC
Upcoming Planning Commission Cases 1 case
DiGiulio Brothers Italian Cafe on Perkins expanding and rezoning
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.
Commercial Permits Issued Last Week 17 permits
| 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 CavalierA Trula RemsonC 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 YalamanchiliA Chelsey BenoitC 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 EatonA Brian AndersonC 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 NoredoA Matthew RodrigueC 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 ShawA Chelsea PenistonC 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 VoA Britany WetheyC 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 BerghsA Kevin BerghsC 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 BlackA Jim BlackC Jebco Building LLC |
| 6941 EXCHEQUER DR | Commercial: Remodel | $35,000 | (Expedited) Interior remodel of office warehouse for online furniture rental. | O Rodney BallardA Rodney BallardC 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 TowerA Dan BerniC 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 MirandaA Gannon FaulC Supreme Fencing LLC |
| 734 GOODRIDGE WAY | Fence | $20,000 | Brick Column fence with brick | O Vincent CentanniA Vincent CentanniC N/A |
| 3226 DALTON ST | Manufactured Home: Existing | $12,000 | remodeling house | O —A Raymond BennieC 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 BradleyC N/A |
| 19840 LIBERTY RD | Manufactured Home: Existing | $3,000 | building pad for mobile home | O —A Allen QuebedeauxC 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 CarlockA Joseph CarlockC Joseph Carlock |
| 16336 OLD HAMMOND HWY | Electrical N/A | N/A | Just need basic power to use tools..not for a residence or remodel | O Maria FloresA Denise StockwellC N/A |