The Pulse BR: Zachary Shopping Center Sells to Local Investor

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

Commercial Sales Recorded Last Week

20377 Old Scenic Hwy
20377 Old Scenic Hwy

Type: Retail
Price: $5,750,000 ($205 / SF)
Buyer: Shree Zachary LLC
Elifin’s Notes: Zachary shopping center sells to local investor.

5131 Essen Lane
5131 Essen Lane

Type: Office
Price: $1,150,000 ($387 / SF)
Buyer: HSC 7Brew Baton Rouge LLC
Elifin’s Notes: Alabama-based developer purchases medical office off Essen Lane across from Our Lady of the Lake.

3233 S Sherwood Forest Blvd
3233 S Sherwood Forest Blvd

Type: Office
Price: $675,000 ($19 / SF)
Buyer: Seventeen Eighteen Brightside LLC
Elifin’s Notes: Local investor/developer purchases S Sherwood Forest Blvd office building.

2798 O'Neal Lane, Building D
2798 O’Neal Lane, Building D

Type: Office
Price: $585,000 ($117 / SF)
Buyer: Family Solutions of Ohio Inc
Elifin’s Notes: North Carolina-based investor purchases office in the O’Neal Square Office Park.

3669 Government St
3669 Government St

Type: Retail
Price: Withheld
Buyer: FREEHOLD INC
Elifin’s Notes: Investor purchases former restaurant property in the Mid City area. Price withheld.

13211 Coursey Blvd
13211 Coursey Blvd

Type: Land
Price: $300,000 ($9.98 / Land SF)
Buyer: KRJKCoursey LLC
Elifin’s Notes: Local investor purchases a commercially zoned, vacant lot on Coursey Blvd.

937 N Bon Marche Dr
937 N Bon Marche Dr

Type: Industrial
Price: $136,100 ($45 / SF)
Buyer: John Tyler
Elifin’s Notes: Warehouse sells off Lobdell Blvd to local investor.


Upcoming Planning Commission Cases

Pecue Place, Concept Plan Revision

  • Submitted 6/30/2022 by Craig H. Corle. Proposed revision to revise and add new uses on property located east of Pecue Lane, north of Interstate 10. Revision adds uses of outdoor storage, self storage, truck rental and office/warehouse flex space; acerage increases due to previous revocation of Ward Creek servitude and detailed survey of right-of-way for new interchange.
  • Plans – Staff Report – Application –

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