Our Lady of the Lake buys Picardy Avenue medical offices for $1.33M

The July 8, 2019 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $4.89M in disclosed volume. The headline deal: Our Lady of the Lake Hospital Inc paid $1.33M ($177/SF) for medical office space at 7566 Picardy Avenue near its Essen campus. Brandon Brown's Francis Zachary Holdings LLC bought 15 acres of Fellowship Church's Mount Pleasant Road campus in Zachary for $500K and the frontage property for $1.01M, while a California investor bought the Siegen Lane Starbucks ground lease for an undisclosed price.

By ELIFIN® Source: ELIFIN transaction database

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9Commercial sales recorded
$4.89MDisclosed volume (8 of 9 sales)
$1.33MLargest sale · 7566 Picardy Ave
3Planning Commission cases

Commercial Sales Recorded Last Week 9 sales

7566 Picardy Ave

7566 Picardy Ave

$1,325,000 $177 / SF

Our Lady of the Lake purchases first class medical office space near their Essen campus.

BuyerOur Lady of the Lake Hospital Inc

1605 Mount Pleasant Rd

1605 Mount Pleasant Rd

$1,010,000 $9 / SFofLand

Brandon Brown purchases the frontage property on Mount Pleasant Rd to the 15+ acres he purchased from neighboring Fellowship Church.

BuyerFrancis Zachary Holdings LLC

11605 Southfork Ave, Unit B

11605 Southfork Ave, Unit B

$750,000 $96 / SF

Southfork Quarters office building sold to local investor, Michael Choate.

BuyerChoate Properties LLC

Tract D Mount Pleasant Rd

Tract D Mount Pleasant Rd

$500,000 $0.74 / SFofLand

Fellowship Church in Zachary, LA sells off 15 acres of its 1555 Mt. Pleasant Rd campus to Brandon Brown.

BuyerFrancis Zachary Holdings LLC

11346 Pennywood Ave

11346 Pennywood Ave

$485,000 $88 / SF

Industrial building sold in the Industriplex area.

BuyerPMS Investments LLC

Tract GG-1-C W Airline Service Rd

Tract GG-1-C W Airline Service Rd

$350,000 $6 / SFofLand

Dr. John Cowen and Dr. Michael Juban purchase land at the corner of Airline Hwy and Florida Blvd for the site of their new dental office.

BuyerJuco Properties LLC

1212 Aster St

1212 Aster St

$340,000 $21,250 / unit

16 unit multifamily complex sells for $21,250 per unit to New Orleans investor.

Buyer1212 Aster LLC

13431 Tiger Bend Rd

13431 Tiger Bend Rd

$130,000 $76 / SF

Dr. Justin Bonaventure purchases dental office formerly owned by Dr. James Gilbert, III.

BuyerLarm Properties LLC

8865 Siegen Lane

8865 Siegen Lane

Price withheld

Siegen Lane Starbucks ground lease purchased by California investor. Price withheld.

BuyerBogenreif Properties Santiago LLC

Upcoming Planning Commission Cases 3 cases

Magnolia Crossing – Zero Lot Line Residential Development

Submitted

William FaKouri. Proposed low-density, single-family subdivision and proposed rezoning from Single Family Residential (A1) to Zero Lot Line Residential (A2.6). Located near intersection of Highland Rd and Staring Ln. 6.15 acres. Subdivision Staff Report – Rezoning Staff Report

Correction

In last week's issue The Pulse stated, per its application, that the Crawford House was under purchase agreement. At the time of application (5/2/2019) this was accurate. Currently (as of 7/8/2019), there is no active purchase agreement on the property.

Commercial Permits Issued Last Week 55 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
3319 PLANK RD BATON ROUGE LA 70805Occupancy: CleanN/ACell phone store. 3500sfO —
15138 AIRLINE HWY BATON ROUGE LA 70809Commercial: NewN/ANew construction of a new 3,022 s.f. bldg. for financial services Business use, with parking and drive thru banking lane, and site work to serve.O Erin Ryerson
725 JOPLIN AVE BATON ROUGE LA 70802OccupancyN/Atemporary officeO Nick Mitchel
8139 SKYSAIL AVE BATON ROUGE LA 70820OccupancyN/Aexisting duplexO marjoe holmes
10386 ELM GROVE GARDEN DR BATON ROUGE LA 70807OccupancyN/Aexisting duplexO Earl Robinson
218 LAUREL ST BATON ROUGE LA 70801Sign: PoliticalN/ASheriffO Sid Gautreaux
18333 PECAN VALLEY CT BATON ROUGE LA 70810Gas TestN/AAdd gas line to fireplace and range.O David Dellucci
2251 STE A DRUSILLA LN BATON ROUGE LA 70809OccupancyN/AofficeO Robert Gregory
4525 NORTH BLVD BATON ROUGE LA 70806Commercial: RemodelN/ARenovation to roof structure of existing Bldg. 2, of 3,544 s.f. for change of occupancy use (see permit 99155). No Electrical. Mechanical or Plumbing in scope of work.O MARK ESTEP
640 STE B ARLINGTON CREEK CENTRE BLVD BATON ROUGE LA 70820Commercial: Complete InteriorN/AComplete Interior to finish out 1,200 s.f. Ste B of an unfinished vanilla box in existing SPRINKLED, MIXED OCCUPANCY Bldg. 2 (Type IIB const.) for personal service Business use. Scope of work consists of new walls, ceilings, all new interior doors, new toilet rm. fixtures, new water heater, new duct work, etc….O —
10310 THE GROVE BLVD BATON ROUGE LA 70809ElectricalN/AThis is for an existing retention pond aerator pumpO —
3132 COLLEGE DR BATON ROUGE LA 70808MechanicalN/Achange a 10 ton roof top unitO john cannatilla
8137 SKYSAIL AVE BATON ROUGE LA 70820OccupancyN/AExisting duplexO MARJOE HOLMES
9992 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/AStorage unit. 1500sfO Jennifer
11944 COURSEY BLVD BATON ROUGE LA 70816OccupancyN/AOnline ecommerce SaleO Xiaofu Li
4606 JONES CREEK RD BATON ROUGE LA 70817OccupancyN/AChildrens retail. Arts & crafts center. 1950sf.O —
12254 LA MARGIE AVE BATON ROUGE LA 70815ElectricalN/AREPLACING METER PACK WITH NEW 400-AMP METER ON BUILDING 23.O KOI BARLOW
10855 AIRLINE HWY BATON ROUGE LA 70816OccupancyN/ABuilding Material Distribution. 22,793sfO Everett Barrow
10445 RIDGELY DR BATON ROUGE LA 70809Sign: PoliticalN/APolitical Campaign State Representative District 68O Laurie White Adams
5220 FLANDERS DR BATON ROUGE LA 70808MechanicalN/Achanging a 5 ton roof top unitO pamala williams
925 FULWAR SKIPWITH RD BATON ROUGE LA 70810SolarN/ASolar Panel Installation on existing roof.O Robert Turner
707 BUNGALOW LN BATON ROUGE LA 70802SolarN/ASolar Panel Installation on existing roofO Camilla Pugh
3168 MURPHY DR BATON ROUGE LA 70809ElectricalN/ADisconnect/Reconnect replace roof around riserO Diana Rebowe
15940 TIGER BEND RD BATON ROUGE LA 70817Sign: On PremiseN/ARefacing existing wall sign 16.9' by 7.3', (4) canopy signs (2) at 16' by 3', (2) 8.3' by 3'. Illuminated.O —
2561 CITIPLACE CT BATON ROUGE LA 70808OccupancyN/ASupplementary EducationO —
14727 RHONDA AVE BATON ROUGE LA 70816SolarN/AInstallation of 23 solar panels on an existing residential roof.O Steben Nguyen
8538 GSRI AVE BATON ROUGE LA 70810Commercial: NewN/ANew modular building of 1,536 s.f. added to existing campus of 12,163 s.f. to serve as two new classrooms at Educational occupancy.O Nancy Zito
11940 BRICKSOME AVE BATON ROUGE LA 70816OccupancyN/AJanitodrialO Joy Millican
11130 INDUSTRIPLEX BLVD BATON ROUGE LA 70809OccupancyN/AInsurance Claims AdjustingO —
1741 BRIGHTSIDE DR BATON ROUGE LA 70820OccupancyN/Aexisting apartmentO Chi Wei ho
8601 GOODWOOD BLVD BATON ROUGE LA 70806Sign: On PremiseN/AMonument sign 4.5' by 9.6'. Illuminated.O Donovan Morein
3023 COLLEGE DR BATON ROUGE LA 70808Commercial: AdditionN/AAddition of new overhead shade canopy at existing drive-thru for employee & vehicle shade at existing fast food restaurant. No changes to parking. Includes Electrical, no P or H/VAC.O Troy Tripp
207 FLORIDA ST BATON ROUGE LA 70801OccupancyN/ABiophilic Furniture DesignO Ben Taylor
7601 STE 100 BLUEBONNET BLVD BATON ROUGE LA 70810Sign: On PremiseN/AWall sign at 9.3' by 3.625'. Illuminated.O Jeremy Halford
7810 Emile St. Baton Rouge LA 70807SolarN/ASolar Panel Installation on existing roof.O Marc Jones
3348 TULA BATON ROUGE LACommercial: RemodelN/AWATER DAMAGE REPAIRS to 4-plex Unit 7 of 600 s.f. ea. (1-story unit w/ loft) due to W/H & roof leak. Scope of work consists of repair & add elect., repair bathroom subfloor, studs, replace sheetrock, relocate New W/H to attic, complete New HVAC & relocate a/c disconnects to rear of bldg., replace plumbing fixtures. (See 100799, 101803, 101805 for Units 5, 6, 8).O Drew Gaudet
5031 HERMITAGE DR BATON ROUGE LA 70806ElectricalN/AReplace meter socket and panelO Linda LaBranche
3348 TULA BATON ROUGE LACommercial: RemodelN/AWATER DAMAGE REPAIRS to 4-plex Units 5 6, 7, & 8 of 600 s.f. ea. (1-story units w/ loft) due to W/H & roof leak. THIS PERMIT FOR UNIT 5 ONLY (See 101803, 101804, 101805 for Units 6, 7, 8). Scope of work this permit consists of repair & add elect., repair bathroom subfloor, studs, replace sheetrock, relocate New W/H to attic, complete New HVAC & relocate a/c disconnects to rear of bldg., replace plumbing fixtures.O Drew Gaudet
9576 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/ARims & Suspension Shop. 1500sfO Frank Smith
6879 WHITLOW DR BATON ROUGE LA 70808ElectricalN/AReplacing faulty electrical serviceO Anita Milling
4848 WINDSOR VILLAGE DR BATON ROUGE LA 70817MechanicalN/Areplacing a 3 ton condenser and air handlerO Randy Hurst
5714 MATTHEWS ST BATON ROUGE LA 70812ElectricalN/AReplacing faulty meter and riserO Melissa Cassic
3348 TULA BATON ROUGE LACommercial: RemodelN/AWATER DAMAGE REPAIRS to 4-plex Unit 8 of 600 s.f. (1-story w/ loft) due to W/H & roof leak. Scope of work consists of repair & add elect., repair bathroom subfloor, studs, replace sheetrock, relocate New W/H to attic, complete New HVAC & relocate a/c disconnect to rear of bldg., replace plumbing fixtures. (See 100799, 101803, 101804 for Units 5, 6, 7).O Drew Gaudet
3348 TULA BATON ROUGE LACommercial: RemodelN/AWATER DAMAGE REPAIRS to 4-plex UNIT 6 of 600 s.f. (1-story w/ loft) due to W/H & roof leak. Scope of work consists of repair & add elect., repair bathroom subfloor, studs, replace sheetrock, relocate New W/H to attic, complete New HVAC & relocate a/c disconnects to rear of bldg., replace plumbing fixtures. (See 100799, 101804, 101805 for Units 5, 7, 8).O Drew Gaudet
650 ARLINGTON CREEK CENTRE BLVD BATON ROUGE LA 70820Sign: On PremiseN/AWall sign at 12'1 by 4.625'. Illuminated. PUDO Jason Eisenberg
1718 N FOSTER DR BATON ROUGE LA 70806OccupancyN/APharmacyO —
13768 PERKINS RD BATON ROUGE LA 70810Commercial: NewN/ANew construction of 7,225 s.f. bldg. to serve as Mercantile sales of auto parts, and parking/site work to serve.O Kent Walker
13555 OLD HAMMOND HWY BATON ROUGE LA 70816Gas TestN/ACommercial gas test and final plumbing with inspectionO —
3013 ANITA AVE BATON ROUGE LA 70805MechanicalN/Ainstall condenser & furnace, coil tie into existingO Charmaine Stevens
6401 BLUEBONNET BLVD BATON ROUGE LA 70836OccupancyN/ATenant vacated space. Need to have power turned on the mall's name so that we can show the space for future/potential tenant.O Rebekah Danner
6255 BLUEBONNET BLVD BATON ROUGE LA 70836Commercial: ShellN/ANew SHELL construction of 4.050 s.f. bldg. (replacing previously existing bldg. on site) for mercantile sales of mattresses, and site work/parking to serve.O —
11412 STE A LAKE SHERWOOD AVE N BATON ROUGE LA 70816OccupancyN/AOffice SpaceO Paul Burns
6735 EXCHEQUER DR BATON ROUGE LA 70809OccupancyN/Awarehouse- tires (meter 9420268)O —
9637 SIEGEN LN BATON ROUGE LA 70810OccupancyN/AO Stephen Meyres
251 C ANTRIM DR BATON ROUGE LA 70815OccupancyN/AO Danny Vu
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