The Pulse BR: Weiler Plastic Surgery purchases Bluebonnet office building

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

Commercial Sales Recorded Last Week

5915 Bluebonnet Parc Ave, Baton Rouge, LA 70836
5915 Bluebonnet Parc Ave, Baton Rouge, LA 70836

Type: Retail
Price: $5,200,000 ($96.30 / SF)
Buyer: MA Bluebonnet LLC
Elifin’s Notes: Mon Ami Real Estate, a Chicago-based real estate investment firm, purchases two strip building in the Bluebonnet Parc Shopping Center, adjacent to the Mall of Louisiana.

4750 Sherwood Common Blvd, Baton Rouge, LA 70816
4750 Sherwood Common Blvd, Baton Rouge, LA 70816

Type: Office
Price: $3,350,000 ($169.74 / SF)
Buyer: Andre Smith Venture LLC
Elifin’s Notes: The Five-S Group, an industrial civil construction firm, purchases the Pelican FInancial Plaza office.

5831 Creek Centre Dr, Baton Rouge, LA 70820
5831 Creek Centre Dr, Baton Rouge, LA 70820

Type: Retail
Price: $2,534,432 ($491.45 / SF)
Buyer: Lee Family Trust
Elifin’s Notes: Express Oil Change facility off Burbank Dr sells to California-based investors.

9107 Bluebonnet Centre Blvd, Baton Rouge, LA 70810
9107 Bluebonnet Centre Blvd, Baton Rouge, LA 70810

Type: Office
Price: $2,500,000 ($143.11 / SF)
Buyer: B&E Interstate, LLC
Elifin’s Notes: Weiler Plastic Surgery purchases office building on Bluebonnet Centre Blvd just off of I-10.

12114 Industriplex Blvd, Baton Rouge, LA 70809
12114 Industriplex Blvd, Baton Rouge, LA 70809

Type: Industrial
Price: $1,794,000 ($82.37 / SF)
Buyer: Litom Real Estate Investments LLC
Elifin’s Notes: Former Sears parts and repair center on Industriplex Blvd sells to a construction technology firm looking to expand according to the Baton Rouge Business Report.

5425 Highland Rd, Baton Rouge, LA 70808
5425 Highland Rd, Baton Rouge, LA 70808

Type: Retail
Price: $1,500,000 ($166.67 / SF)
Buyer: Louisiana Alpha Chapter of Phi Kappa PSI Housing Corporation Inc
Elifin’s Notes: Louisiana Alpha Chapter of Phi Kappa PSI Housing Corporation Inc purchases two story office building on the corner of Highland Rd and Burgin Ave.

4201 Florida St, Zachary, LA 70791
4201 Florida St, Zachary, LA 70791

Type: Multifamily
Price: $1,375,000 ($68,750 / Unit)
Buyer: Zachary Mobile Home Park LLC
Elifin’s Notes: 20-unit mobile home park in Zachary is purchased by local investors.

5810 Airline Hwy, Baton Rouge, LA 70805
5810 Airline Hwy, Baton Rouge, LA 70805

Type: Industrial
Price: $695,000 ($42.72 / SF)
Buyer: 5810 Airline Hwy LLC
Elifin’s Notes: Industrial property on Airline Hwy sells to local investor.

9239 Bluebonnet Blvd, Baton Rouge, LA 70810
9239 Bluebonnet Blvd, Baton Rouge, LA 70810

Type: Office
Price: $460,000 ($179.90 / SF)
Buyer: One Step Real Estate LLC
Elifin’s Notes: Under the Oak, a psychological assessment, treatment, and consultation service, purchases their office building on Bluebonnet Blvd.

10364, 10374 S Choctaw Dr, Baton Rouge, LA 70815
10364, 10374 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $165,000 ($20.89 / SF)
Buyer: Roppolo Commercial Properties, LLC
Elifin’s Notes: Local investor purchases two neighboring industrial properties on S Choctaw Dr.

11530 Darryl Dr, Baton Rouge, LA 70815
11530 Darryl Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $130,000 ($38.24 / SF)
Buyer: Schroeder Lumber Company LLC
Elifin’s Notes: Schroeder Lumber Company purchases industrial property near the company’s headquarters.


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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