09 Mar The Pulse: Corporate Blvd Land Sells for 8.8 Million

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

Commercial Sales Recorded Last Week

6031 Jones Creek Rd
Price: $500,000 ($154 / SF)
Buyer: Cobalt Realty LLC
Elifin’s Notes : Local investor purchases former MidSouth Bank branch on Jones Creek Rd.

3054 Perkins Rd
Price: $325,000 ($81 / SF)
Buyer: Red Sauce Boss Properties LLC
Elifin’s Notes : Pinetta’s European Restaurant owner purchases the building used by the restaurant and Cottonwood Books.

5125 Hwy 19
Price: $170,000 ($22 / SF)
Buyer: David J. Pizzolato Jr
Elifin’s Notes : Premier Produce owners purchase the building in Zachary used by the company.

168 W Washington St
Price: $325,000 ($19 / SF)
Buyer: Harmony Properties
Elifin’s Notes : Collis Temple purchases office building off of Highland Rd on W Washington St.

1723 Dallas Dr
Price: $104,000 ($23 / SF)
Buyer: Sadie Properties LLC
Elifin’s Notes : Office building sells near the corner of Dallas Dr and Tom Dr.

Tracts 11 & 12 Corporate Blvd
Price: $8,842,680 ($26.30 / Land SF)
Buyer: Louisiana Farm Bureau Enterprises Inc
Elifin’s Notes : Louisiana Farm Insurance Bureau purchases 7.72 acres on Corporate Blvd at Commerce Circle.

Tracts 11 & 12 Corporate Blvd
Price: $139,000 ($4.14 / Land SF)
Buyer: Regional Generator Service LLC
Elifin’s Notes : Regional Generator Service purchase a .77 acre lot fronting Airline Hwy near the Greenwell Springs intersection.

10143 Patriot Dr
Price: $400,000 ($112 / SF)
Buyer: For Rent Properties LLC
Elifin’s Notes : Investor purchases industrial property near the Airline Hwy / I-12 intersection.

Upcoming Planning Commission Cases

• Woman’s Hospital Addition
  • Submitted 1/30/2020 by Andre Rodrigue. Revising boundaries for an existing Plan Unit Development on Woman’s Hospital campus on Airline Hwy at Pecue Lane.
  • Staff Report – Map – Plans

Commercial Permits Issued Last Week

• Type: Commercial: Generator
• Description: 22kw generator installation located on right side of office, 3′ from side of office and electric meter, 4′ to side property line. There should be no other windows, units, structures, etc. within 5′ of generator, as not indicated on plans.
• Owner: Robert Kleinpeter

• Type: Commercial: Remodel
• Description: Renovation of an existing 11,000 sf building (former Merc. use) to create two new suite spaces, a branch bank Business office of 5,256 s.f., Ste A, with new covered 4 lane 960 s.f. ATM drive up, and a vacant future tenant space of 5,744 s.f.. THIS permit is limited to the 5,256 s.f. branch bank, Ste A, including new exterior shell finishes, fenestration, etc. and 1,960 s.f. 4 lane drive thru for AMT banking.
• Owner: Jason Stern

• Type: Occupancy
• Description: Commercial Occupancy: administrative office
• Owner: Yvonne Colomb

• Type: Commercial: Remodel
• Description: Interior renovation of ste. 210 of 640 s.f. for doctor’s office in existing Medical Office bldg., Business use.
• Owner: Kurt Scott

• Type: Sign: On Premise
• Description: 1 pylon sign at 8′ by 6′. Nonilluminated.
• Owner: Thien Trong

• Type: Occupancy
• Description: No Food Sold/Served
• Owner: Kathleen Cangelosi

• Type: Sign: On Premise
• Description: Wall sign 15’1 by 1’6, cabinet replacement on existing pylon at 7’10 by 1′. Illuminated.
• Owner: N/A

• Type: Sign: On Premise
• Description: Wall sign at 34′ by 4’5, refacing cabinet on existing pylon at 12′ by 8’1. Illuminated.
• Owner: Donnie Jarreau

• Type: Sign: On Premise
• Description: Refacing 2 wall signs at 11’2 by 4’11 and 10′ by 4.5′, and refacing existing monument sign at 12’6 by 2’6. Illuminated.
• Owner: N/A

• Type: Commercial: Remodel
• Description: Interior renovation of 7,000 s.f. 8th Floor (Ste 700) of existing office bldg. for continued Business use.
• Owner: Mike Dileo

• Type: Sign: On Premise
• Description: 2 awning signs at south and east elevation at 31’6 by 3.2′, refacing 2 existing pylon signs with 2 cabinets on each at 7′ by 7′ and 7′ by 5.2′. Illuminated.
• Owner: Cathy Norman

• Type: Commercial: Remodel
• Description: Fire damage renovation of unit B of 1011 s.f. in existing 4plex. Scope of work includes replacing electrical wiring, new breaker panel and new fixtures, new electric water heater, new a/c unit and duct work, replacing sheetrock and insulation and cosmetic changes(flooring, cabinets, paint). No structural changes.
• Owner: Greg Wendel

• Type: Commercial: Remodel
• Description: Hood replacement in existing 530 s.f. small restaurant use, Business occupancy.
• Owner: Bennie Stewart

• Type: Occupancy
• Description: Office use
• Owner: N/A

• Type: Commercial: Parking Lot
• Description: New parking lot with 23 new parking spaces on leased property to serve employees of adjacent existing fast food restaurant (see 26699). No E., M., or P.
• Owner: N/A

• Type: Commercial: Remodel
• Description: Renovation of 1,490 sf Library, Business use, located within existing Woman’s Hospital footprint – Fourth Floor
• Owner: Jamie Donaldson

• Type: Sign: On Premise
• Description: 2 wall signs at front elevation and side at 33’11 by 2’6 and 26’6 by 2’2, 1 roof sign at rear elevation at 33’11 by 2’6, replacing face of existing pylon sign at 28’10 by 7’3. Illuminated.
• Owner: N/A

• Type: Sign: On Premise
• Description: Wall sign at 15’1 by 1’6, cabinet replacement on existing pylon sign at 14′ by 5′. Illuminated.
• Owner: N/A

• Type: Occupancy
• Description: Prayer Garden Center
• Owner: N/A

• Type: Sign: On Premise
• Description: 2 wall signs at front and west elevations at 14’11 by 1’7 and 15’11 by 1’8, and 1 pylon sign at 12′ by 4′. Illuminated.
• Owner: Dona Bagot

• Type: Commercial: Shell
• Description: New construction of 5084 s.f. SHELL bldg. C for Business office use (4,832 s.f. lease space), on parcel with previously reviewed site with parking: see 85178. 5,084 s.f. + 448 s.f. awnings or 5,532 s.f.
• Owner: donnie jarreau

• Type: Electrical
• Description: redo splices
• Owner: N/A

• Type: Commercial: Remodel
• Description: Renovation of existing Business bldg. of 2,383 s.f. including new entry, reconfiguration of interior walls, extension of existing pre-manufactured canopy and addition of two new pre-manufactured canopies.
• Owner: Carrie Russel

• Type: Occupancy
• Description: Retail Bridal Shop
• Owner: N/A

• Type: Occupancy
• Description: equipment rental business
• Owner: Mack Picard

• Type: Commercial: New
• Description: New construction of 5,084 s.f. bldg. # D plus 448 s.f. awnings for Business office use (4,832 s.f. single tenant lease space) on site with Issued parking lot permit anticipating 8 new commercial buildings. (see 85178)
• Owner: donnie jarreau

• Type: Sign: On Premise
• Description: Wall sign at 26’8 by 8’1 and cabinet replacement on existing pylon at 4′ by 8′. Illuminated.

• Type: Occupancy: Clean
• Description: clean and show
• Owner: Ben Johnson

• Type: Occupancy
• Description: Office Warehouse
• Owner: Jason Martin

• Type: Occupancy
• Description: commercial occupancy
• Owner: GEORGE GOMEZ

• Type: Electrical
• Description: Broken meter/emergency reconnect
• Owner: Antoine Bennett

• Type: Occupancy: Clean
• Description: clean and show
• Owner: Ben Johnson

• Type: Electrical
• Description: this site is used for temp parking with a guard shack when the Mississippi River begins flooding and they cannot park on the other side of levee
• Owner: N/A

• Type: Sign: On Premise
• Description: Pylon sign with 2 cabinets at 14′ by 8′ and 12′ by 7.1′
• Owner: Donovan Morein

• Type: Sign: On Premise
• Description: Wall sign at 16’10 by 2.5′. Illuminated
• Owner: PHU PHAN

• Type: Occupancy
• Description: Retail of clothes and electronics
• Owner: N/A

• Type: Commercial: Remodel
• Description: Renovation of 1,200 s.f. suite 11 for Business/Storage occupancy use, former warehouse use.
• Owner: Mike Falgoust