Massad Olinde buys 6700 Jefferson office building for $2.95M

The July 29, 2019 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $5.59M in disclosed volume. The headline deal: M202 LLC, Massad Olinde Benefits Consulting Firm, paid $2.95M ($195/SF) for Building 7 in 6700 Jefferson Office Park at 6700 Jefferson Highway. The Inland Real Estate Group bought Safeguard Self Storage on Jefferson Highway for $1.4M, and two eightplexes near LSU, on Wyoming Street and West Chimes Street, sold for $185K each.

By ELIFIN® Source: ELIFIN transaction database

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7Commercial sales recorded
$5.59MDisclosed volume (7 of 7 sales)
$2.95MLargest sale · 6700 Jefferson Hwy, Building 7
4Planning Commission cases

Commercial Sales Recorded Last Week 7 sales

6700 Jefferson Hwy, Building 7

6700 Jefferson Hwy, Building 7

$2,947,815 $195 / SF

Massad Olinde Benefits Consulting Firm purchase building in 6700 Jefferson Office Park.

BuyerM202 LLC

10770 Jefferson Hwy

10770 Jefferson Hwy

$1,400,000 $12 / SF

The Inland Real Estate Group, one of the nation's largest commercial real estate and finance groups, purchases Safeguard Self Storage.

BuyerSelf-Storage Portfolio IX DST

10523 N Oak Hills Pkwy, Suite A

10523 N Oak Hills Pkwy, Suite A

$365,000 $143 / SF

Dr. Vasudev Hejamadi Tati purchases office suite at the North Oak Hills Office Plaza.

BuyerTati Investments LLC

720 N 8th St

720 N 8th St

$299,000 $149,500 / unit

Duplex in historic Spanish Town

BuyerMohammad Abdullah Nur

4174, 4176 Libuse Dr + 10861, 10863 Leton Ave

4174, 4176 Libuse Dr + 10861, 10863 Leton Ave

$213,000 $53,250 / unit

Two duplex units sell near Southpark Dr

BuyerFirst of Many LLC

3132 Wyoming St

3132 Wyoming St

$185,000 $23,125 / unit

8-plex near LSU

Buyer3132 Wyoming LLC

1116 W Chimes St

1116 W Chimes St

$185,000 $23,125 / unit

8-plex near LSU

Buyer1116 W Chimes LLC

Upcoming Planning Commission Cases 4 cases

Lakes at Legacy – Former Sherwood Forest Country Club

Submitted by Hankins Development / Garrett Carter

Proposed rezoning from Single Family (A1) to RURAL. Proposed major low density single family residential subdivision on the former Sherwood Forest Country Club Property and neighboring tract.

Rezoning of Residential Lots fronting Jefferson Hwy

Submitted by Patrick McCarron. (Deferred from July meeting)

Proposed rezoning from Single Family Residential (A1) to Neighborhood Office (NO) of 3 residential lots with Jefferson Hwy Frontage. Located across from Jefferson Baptist Church. Future use for Office Space.

Goodwood Estates – Flag Lot Subdivision

Submitted by Joseph Levatino

Proposed low density single family residential subdivision off Goodwood Ave near Keed Ave.

Leo's Mobile Home Park

Submitted by Craig H. Corie. (Deferred from June and July meeting)

Proposed manufactured home park. The property has been in use as a mobile home park since 1967. Current owner must obtain site plan approval post FEMA use as of 4/30/2019.

Commercial Permits Issued Last Week 72 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
9616 AIRLINE HWY BATON ROUGE LA 70815Gas TestN/ACommercial Gas Test with InspectionO —
3001 L'AUBERGE CROSSING DR BATON ROUGE LA 70810ElectricalN/AUpgrading to 200 amp serviceO Chris pullen
9958 BURBANK DR BATON ROUGE LA 70810Sign: On PremiseN/ARefacing existing cabinet panel at 7.96' by 8.1'. Illuminated.O Eddie Jackson
9270 SIEGEN LN BATON ROUGE LA 70810OccupancyN/ANew occupancyO Martin Navarro
12241 S CHOCTAW DR BATON ROUGE LA 70815DemolitionN/ADemolition of a a 2000 ft warehouse + 1000 ft offices from a fire damageO Donna G. Phillips
11940 BRICKSOME AVE BATON ROUGE LA 70816OccupancyN/ACounseling Agency. 1156sf.O Rick Priest
3102 AUTUMN LEAF PKWY BATON ROUGE LA 70816MechanicalN/Areplacing a 2.5 ton air handler onlyO Matt Fernandez
1858 DAUPHINE WAY BATON ROUGE LA 70808Gas TestN/AGas Lantern On subdivision entrance postO Glen Jarrell
4600 SHERWOOD COMMON BLVD BATON ROUGE LA 70816OccupancyN/Alaw firmO LInda Grace
4414 TUPELLO ST BATON ROUGE LA 70808ElectricalN/Aexisting duplex electrical tree fell on riserO —
650 ARLINGTON CREEK CENTRE BLVD BATON ROUGE LA 70820Commercial: Complete InteriorN/AComplete Interior to finish out suite C of 1,455 s.f. in Bldg. E for Mercantile sales.O —
701 S ACADIAN THWY BATON ROUGE LA 70806Occupancy: CleanN/Aoffice space. clean & show 1581sfO Constance Stigall
4529 Nicholson Dr Baton Rouge LAElectricalN/AReconnect oil well equipmentO —
4570 JONES CREEK RD BATON ROUGE LA 70817Sign: On PremiseN/AThis project is a fence/sign/building structure for an entrance for a neighborhood. This permit is being treated as a building permit instead of a sign permit.O Nathan Fourrier
6225 FIELDSTONE DR BATON ROUGE LA 70809OccupancyN/Aoffice spaceO Chris Graham
3120 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816Commercial: NewN/ARefacing existing pylon sign at 108 sq.ft. 2 wall signs (1) at 4' by 4.42 (2) at 8.46' by 2.25', 4 directional signs at 1.48' by 3.1' each. Illuminated. Customer originally submitted project for just canopy structure. Submitted corrected package for sign to be reviewed.O —
860 MEADOW GLEN AVE ZACHARY LA 70791OccupancyN/Aexisting duplexO Scott Wannamaker
3030 VALLEY CREEK DR BATON ROUGE LA 70808OccupancyN/ADaycare. Serving food. 5600sfO Denise Curwick
4319 AIRLINE HWY BATON ROUGE LA 70811Sign: On PremiseN/A1 wall sign at 6' by 3, refacing cabinet on existing pylon sign at 1'9.25 by 4'7.5. Illuminated.O —
855 HEARTHSTONE DR BATON ROUGE LA 70806Commercial: NewN/ANew construction of 37,881 s.f. 2-story student center bldg. for existing school campus, with assembly/dining on first floor and classrooms and teacher dedicated work areas on 2nd floor. And site work to serve. CUP 1-03 Approved 10/15/2018O Gene Tullier
1200 BRICKYARD LN BATON ROUGE LA 70802Commercial: Complete InteriorN/AComplete Interior to create suite space 201A of 9,210 s.f. portion of existing 24,000 s.f. second floor of existing 4 story shell bldg. for Business use. Scope of work includes electrical, mechanical and plumbing tie-in to existing shell mechanical, electrical and plumbing (See original shell permit 81717 for reference).O Joey Lambert
1210 O'NEAL LN BATON ROUGE LA 70816Sign: On PremiseN/AWall sign at 18.3' by 2.6' with crab art at 3.4' by 2.48'. Illuminated.O Ryan Wilkins
1023 LOBDELL BLVD BATON ROUGE LA 70806OccupancyN/A5800sqft office spaceO —
5341 N POINTER CT BATON ROUGE LA 70808Gas TestN/AGas lantern on subdivision entrance brick columnO Glen Jarrell
7809 JEFFERSON HWY BATON ROUGE LA 70809Occupancy: CleanN/Aclean and showO —
18858 JEFFERSON HWY BATON ROUGE LA 70817OccupancyN/Aexisting fourplexO Bill Smith
1670 LOBDELL AVE BATON ROUGE LA 70806Sign: On PremiseN/AProjecting sign at 4' by 1'8. 13' above POW. Illuminated.O —
9776 GREENWELL SPRINGS RD BATON ROUGE LA 70814Sign: On PremiseN/AReplace existing wall sign with new 50.9 s.f. wall sign (new logo) for existing tax business.O —
6170 JONES CREEK RD BATON ROUGE LA 70817MechanicalN/AChase BankO —
10811 COURSEY BLVD BATON ROUGE LA 70816OccupancyN/AStorage meter #: 900026684O Kristina Stortz
11795 JEFFERSON HWY BATON ROUGE LA 70816Commercial: RemodelN/ARenovation of existing plaza associated with existing church, including removing and replacing paving, planting, and a new 3,450 s.f. canopy structure.O Kyle Kent
1398 S ACADIAN THWY BATON ROUGE LA 70806Commercial: NewN/ANew construction of 5,000 s.f. convenience store including kitchen, with gasoline sales canopy and parking to serve. THIS permit is for the convenience store with parking to serve.O Gurdip Singh
11011 Coursey BLVD Baton Rouge LA 70816OccupancyN/Ameter #: 939003277 storage unitO Kristina Strotz
1718 N FOSTER DR BATON ROUGE LA 70806OccupancyN/ARESTAURANTO —
13820 WINDWOOD DR BATON ROUGE LA 70816OccupancyN/AGetting power for future FOUNTAIN in a S/D. Community sewer. DEMCO.O Amanda Betancourt
6700 JEFFERSON HWY BATON ROUGE LA 70806OccupancyN/ALaw Firm. 5097sfO —
1784 HIGHLAND RD BATON ROUGE LA 70802Commercial: NewN/ANew construction of 432 s.f. bldg. for office use and parking and new driveways.O Marjoe Holmes
11331 OLD HAMMOND HWY BATON ROUGE LA 70815Commercial: RemodelN/ARenovations to existing building with 4 suites, to combine former suites B and C of 2,381 s.f. for new dental office use. Enlarging rooms and shifting hallway. Scope of work also includes electrical, plumbing and mechanical.O Valeriano Suico
5534 STE F GALERIA DR BATON ROUGE LA 70816OccupancyN/Aappliance repair. 530sfO Paul Herman
364 W GARFIELD ST BATON ROUGE LA 70802ElectricalN/AVolunteers of America requested upgrading the existing 125 amp electrical service on the laundry building to a 200 amp in order to facilitate an on demand water heater. We are installing a new 200 amp self contained meter can with overhead riser and siO Randy Ramero
11401 Industriplex Blvd. Baton Rouge LA 70809Commercial: RemodelN/AInterior renovation (Alteration Level 2) to expand existing 1,988 s.f. office area into 1,766 s.f. portion of its existing warehouse in a SPRINKLED building, to create a safety training room for employees. Office area w/ training rm = 3754 s.f. Warehouse to total 5615 s.f. Mixed occupancy, separated use w/ 1-hour fire rated wall for Group B/S-2.O Frank Floyd
5909 BLUEBONNET BLVD BATON ROUGE LA 70809Commercial: RemodelN/ARenovation of existing, sprinkled retail bldg. of 31,301 s.f. and adding a new entry facade/tower. Interior demolition and renovations to include interior walls, interior finishes, ceilings, lighting, and plumbing fixtures.O Scott Blanding
9131 INTERLINE AVE BATON ROUGE LA 70809OccupancyN/AStorage unit for furniture. 4451sf Meter #9106537O —
10770 FLORIDA BLVD BATON ROUGE LA 70815Sign: On PremiseN/ARefacing existing cabinet panel at 8.125' by 2.3'. Illuminated.O —
12047 LAKE ESTATES AVE BATON ROUGE LA 70810Sign: PoliticalN/ACoronerO WIlliam Beau Clark
1130 ASTER ST BATON ROUGE LA 70802Commercial: RemodelN/ANon-structural renovation of four, 580 s.f. two bedroom apartments. Replacing drywall on parts of ceilings and walls. Installing insulation in walls and attic spaces. Replacing plumbing fixtures in bathrooms and kitchens, electrical outlets and switches, cabinets and countertops. No mechanical work.O —
10770 JEFFERSON HWY BATON ROUGE LA 70816OccupancyN/A10770 Jefferson Hwy (Public Storage)Meter#7779872O Kristina Stortz
2628 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816OccupancyN/APawn shopO —
11616 SOUTHFORK AVE BATON ROUGE LA 70816OccupancyN/ALaw firm. 2500sfO Richard Hedley
15755 JEFFERSON HWY BATON ROUGE LA 70817Commercial: NewN/ANew 582 s.f. Aluminum Canopy for modular classroom bldg. (see 95696 for associated modular building). No E, M, or P.O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: New/Addition (Pier)N/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopy system of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR BUILDING A OF 1792 s.f..O —
2000 COLLEGE DR BATON ROUGE LA 70808Commercial: NewN/ANew 1,115 s.f. Aluminum Canopy for modular classroom bldg. (see 95694 for associated modular building). No E, M, or P.O —
7762 BLUEBONNET BLVD BATON ROUGE LA 70810OccupancyN/ARe-opening an existing subway – ownership changeO Sonya Murray-Wade
14939 TIGER BEND RD BATON ROUGE LA 70817Commercial: NewN/ARelocation & SITE INSTALLATION of an existing T building B' of 720s.f. to the school campus of Woodlawn Middle Magnet School. Includes new installation of canopies, 650 s.f. access ramp and stairs, as well as utility connections to existing services, to total 1,320 s.f. THIS PERMIT IS FOR THE CANOPY SYSTEM. No electrical.O —
8967 STE J CASTILLE RD BATON ROUGE LA 70809OccupancyN/ACommercial warehouse for storage & light office workO Randy Trepagnier
14939 TIGER BEND RD BATON ROUGE LA 70817Commercial: New/Addition (Pier)N/ARelocation & SITE INSTALLATION of an existing T building B' of 720s.f. to the school campus of Woodlawn Middle Magnet School. Includes new installation of canopies, 650 s.f. access ramp and stairs, as well as utility connections to existing services, to total 1,320 s.f.O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: NewN/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopies system. of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR THE CANOPY SYSTEM.O —
7070 EXCHEQUER DR BATON ROUGE LA 70809Sign: On PremiseN/AWall sign at 10' by 10'. Illuminated.O Ryan Wilkins
6731 EXCHEQUER DR BATON ROUGE LA 70809Sign: On PremiseN/A2 wall signs at 20' by 5' and 9.36' by 5'.O Rene Riche
15755 JEFFERSON HWY BATON ROUGE LA 70817Commercial: New/Addition (Pier)N/ARelocation of a an existing 720 s.f. Non-IB Act, modular classroom BLDG B from Glen Oaks school campus to be installed at Woodlawn High School; includes access ramp & stairs, and utility connections to existing services. (See 96743 for new 582 s.f. CANOPY ).O —
18303 PERKINS RD E BATON ROUGE LA 70810Sign: On PremiseN/AWall sign at 3.4 by 10.325. Illuminated.O Kathryn Podorsky
10187 TWIN CEDARS ST BATON ROUGE LA 70816Commercial: NewN/ANew 680 s.f. Aluminum Canopy for modular classroom bldg. (see 95684 for associated modular building). No E, M, or P.O —
444 HALFWAY TREE RD BATON ROUGE LA 70810Commercial: NewN/ANew 340 s.f. Aluminum Canopy for modular classroom bldg. (see 95686 for associated modular building). No E, M, or P.O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: NewN/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopy system of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR BUILDING B2 OF 720 S.F..O —
10187 TWIN CEDARS ST BATON ROUGE LA 70816Commercial: New/Addition (Pier)N/ARelocation of a 720 s.f. Non-IB Act, modular classroom BLDG B from Glen Oaks school campus to be installed at Cedarcrest-Southmoor Elementary; includes access ramp & stairs, and utility connections to existing services. (See 96413 for new 680 s..f. CANOPY ).O —
2000 COLLEGE DR BATON ROUGE LA 70808Commercial: New/Addition (Pier)N/ARelocation of a 720 s.f. Non-IB Act, modular classroom BLDG B from Glen Oaks school campus to be installed at Westdale Heights Magnet School. Includes access ramp & stairs, and utility connections to existing services. (See 96689 for new 582 s.f. CANOPY).O —
444 HALFWAY TREE RD BATON ROUGE LA 70810Commercial: New/Addition (Pier)N/ARelocation of an existing Non-IB Act, T building B of 720 s.f. from Glen Oaks school campus to be installed at Wildwood Elementary. Installation of 340 s.f. aluminum canopy w/ ramp and stairs, as well as utility connections to existing services to total 1,060 s.f.O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: NewN/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopy system of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR BUILDING C1 OF 720 S.F. (restroom bldg.).O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: NewN/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopy system of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR BUILDING B3 OF 720 S.F..O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: NewN/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopy system of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR BUILDING B1 OF 720 S.F..O —
800 E MC KINLEY ST BATON ROUGE LA 70808Commercial: NewN/ARelocation of six (6) existing T buildings to the school campus of McKinley High School. Installation of access ramp and stairs, as well as utility connections to existing services. Five (5) buildings of 720 s.f. and One (1) building of 1,792 s.f., to total 5,392 s.f. + covered canopy system of 2,116 s.f. to total 7,508 s.f. THIS PERMIT IS FOR BUILDING C2 OF 720 S.F. (restroom bldg.)..O —
9880 HYACINTH AVE BATON ROUGE LA 70810Commercial: New/Addition (Pier)N/ARelocation of an existing temporary building D of 4,620s.f. to the school campus of Mayfair Lab. Installation of canopies, 650 s.f. access ramp and stairs, as well as utility connections to existing services, to total 5,270 s.f. Minor addition of interior walls and doors.O —
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