The Pulse BR: Waste Pro purchases 26+ acres

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

Commercial Sales Recorded Last Week

6535 Industrial Dr, Geismar, LA 70734
6535 Industrial Dr, Geismar, LA 70734

Type: Industrial
Price: $34,450,000 ($172.25 / SF)
Buyer: Rivermark SP Realty LLC; Rivermark MS Realty LLC
Elifin’s Notes: A pair of New York based entities purchase the industrial property occupied by Marucci Sports and two other tenants in Geismer.

12949 Leisure Rd, Baton Rouge, LA 70807
12949 Leisure Rd, Baton Rouge, LA 70807

Type: Land
Price: $2,500,000 ($2.21 / Land SF)
Buyer: Waste Pro of Louisiana Inc
Elifin’s Notes: Waste Pro of Louisiana acquires a 26+ acre parcel of commercial land at the corner of Leisure Road and New Rafe Mayer Road.

8318 Jefferson Hwy, Baton Rouge, LA 70809
8318 Jefferson Hwy, Baton Rouge, LA 70809

Type: Office
Price: $700,000 ($180.65 / SF)
Buyer: SOCO Properties, LLC
Elifin’s Notes: An office property with a two-story building and separate cottage sells near Essen Lane.

8362 Pecue Lane, Baton Rouge, LA 70809
8362 Pecue Lane, Baton Rouge, LA 70809

Type: Land
Price: $385,000 ($7.62 / Land SF)
Buyer: Elite Waste & Construction Svcs., Inc
Elifin’s Notes: An 1+ acre commercial lot sells on Pecue Lane.

1125 W Lee Dr, Baton Rouge, LA 70820
1125 W Lee Dr, Baton Rouge, LA 70820

Type: Land
Price: $119,000 ($5.64 / Land SF)
Buyer: Tribal Real Estate Holdings LLC
Elifin’s Notes: A 0.4+ acre lot changes ownership at the corner of West Lee and Nicholson Drive.


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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