24 Feb The Pulse: Embassy Apartments Sell for $11.6 Million

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

Commercial Sales Recorded Last Week

3918, 3928, 3942, 3964 Gourrier Ave
Price: $11,600,000 ($77,333 / Unit)
Buyer: Tiger Pointe Owner LLC
Elifin’s Notes : New York firm CLK Properties purchases the Embassy Apartments, a 150 unit complex off Nicholson Dr near the LSU campus.

10040 Burbank Dr
Price: Price Withheld
Buyer: Agree Stores LLC
Elifin’s Notes : Michigan-based Agree Realty Corporation purchase O’Reilly Auto Parts on Burbank near the Bluebonnet Blvd intersection.

8212 Airline Hwy
Price: Price Withheld
Buyer: Al-Dar LLC
Elifin’s Notes : Former Southern Auto Import building sell on Airline Hwy across from Home Depot near Cortana Mall.

2815 Monroe Ave
Price: $52,500 ($6 / SF)
Buyer: Valtt, LLC
Elifin’s Notes : Industrial building near S Choctaw / Plank Rd sells.

Upcoming Planning Commission Cases

• Rezoning for Office Use on S Acadian Near I-10
  • Submitted 1/24/2020 by Beau Box. Proposed rezoning from Residential to General Office Low Rise, and proposed Plan Amendment from Institutional to Office. Vacant lots on West side of S Acadian just south of Baton Rouge Center For Arts.
  • Rezoning Application – PA Application – Map
• Highland Bayou
  • Submitted 12/4/2020 by Chris Ferris. Proposed major low density single family residential subdivision located south of Highland Road and west of Bluebonnet Boulevard. Proposed size of lots ±13,424 SF (±0.31 acres).
  • Subdivision Application – Map

Commercial Permits Issued Last Week

• Type: Occupancy
• Description: Retail, Rent to Own – Furniture, electronic, appliance retail or rent to own
• Owner: James Bond

• Type: Commercial: Remodel
• Description: Fire Damage renovation of 900 s.f. Unit C in four-plex. Scope of work included replacing damaged sheetrock on walls and ceiling with 5/8 Type X gypsum board, Painting and cleaning unit. NO Electrical, Plumbing or HVAC work.
• Owner: N/A

• Type: Occupancy
• Description: Financial advising
• Owner: Pete Losalvio

• Type: Occupancy
• Description: Church and fellowship assembly
• Owner: Kenneth C. McKnight

• Type: Electrical
• Description: Install New Verizon 200A Meter, Connect New Meter To Existing Verizon Equipment.
• Owner: Porfirio Pena

• Type: Occupancy
• Description: Title Insurance and Real Estate
• Owner: N/A

• Type: Commercial: Complete Interior
• Description: Complete Interior to finish out first floor of 6,824 s.f. in existing Shell (see permit 85715) for undetermined uses, PRESUMED MERCANTILE, except Ste A: Business. This permit is for Suite B of 2,021 s.f. for undetermined use. (PUD 1-04) See 101929 for UPLOADED DRAWINGS and associated documents.
• Owner: Richard Carmouche

• Type: Commercial: Remodel
• Description: Fire Damage renovation of 900 s.f. Unit D in four-plex. Scope of work included replacing damaged sheetrock on walls with 5/8 Type X gypsum board, Painting and cleaning unit. NO Electrical, Plumbing or HVAC work.
• Owner: N/A

• Type: Commercial: Generator
• Description: 130kw generator installation located at side of building, 10’3 to building, 6’3 to enclosure, 4’10 to gas meter, 3’3 to CU, 9’3 to property back property line, 29’8 to side property line. There should be no other windows, units, structures, etc. within 5′ of generator, as not indicated on plans.
• Owner: Scott Deumite

• Type: Occupancy
• Description: Office Space
• Owner: Richard Hedley

• Type: Commercial: Complete Interior
• Description: Complete Interior to finish out first floor of 6,824 s.f. in existing Shell (see permit 85715) for undetermined uses, PRESUMED MERCANTILE, except Ste A: Business.. This permit is for Suite C of xxx s.f. for undetermined use. (PUD 1-04) See 101929 for UPLOADED DRAWINGS and associated documents.
• Owner: Richard Carmouche

• Type: Occupancy
• Description: Alteration and tailoring
• Owner: N/A

• Type: Commercial: Remodel
• Description: Flood damage renovation to 2160 s.f. of 11,258 s.f. church (Bldg. A). Building received 6 of water. Scope of work includes replacing sheetrock and insulation from floor to 4′. Replacing receptacles with new as needed and new flooring/carpet. Buildings B and C are not occupied.
• Owner: N/A

• Type: Sign: Off Premise
• Description: Billboard at 12′ by 6′.
• Owner: Scott Snyder

• Type: Commercial: New
• Description: New construction of 2,400 s.f. bldg. for warehouse/storage of cement, S-1 use. And parking site work to serve.
• Owner: N/A

• Type: Occupancy
• Description: Massage Spa
• Owner: Fei Wang

• Type: Occupancy
• Description: Law Firm Office
• Owner: N/A

• Type: Commercial: Generator
• Description: 38kw generator installation located on right side of building, 4′ from side of building, electric meter, and ATS. There should be no other windows, units, structures, etc. within 5′ of generator, as not indicated on plans.
• Owner: Nick Raub

• Type: Occupancy
• Description: Commercial occupancy: tire shop
• Owner: N/A

• Type: Commercial: Remodel
• Description: PHASE 1: Interior renovation of 6,600 s.f. Sprinkled 2nd floor Main Surgery to create 2,300 s.f. storage/supply area for doctor lounge expansion in existing hospital, Institutional use. [See 102859 (Phase 2), 102860 (Phase 3), & 102861 (Phase 4)].
• Owner: Jeff Mosely

• Type: Commercial: Remodel
• Description: PHASE 4: Interior renovation of 2,100 s.f. on 2nd floor Main Surgery for doctor’s lounge expansion in existing hospital, Institutional use.
• Owner: Jeff Mosely

• Type: Occupancy
• Description: Commercial occupancy: Mechanical repair shop
• Owner: Charlie Ward

• Type: Occupancy
• Description: Occupancy: Pizza Restaurant serving alcohol
• Owner: N/A

• Type: Occupancy
• Description: Insurance Agency
• Owner: N/A

• Type: Occupancy
• Description: Law Firm
• Owner: Charlotte Pugh

• Type: Commercial: Remodel
• Description: PHASE 2: Interior renovation of 750 s.f. on 2nd floor Main Surgery to create male locker room area for doctor lounge expansion in existing hospital, Institutional use.
• Owner: Jeff Mosely

• Type: Commercial: Remodel
• Description: Renovations to interior of an existing Campus School classroom building of 13,986 s.f., includes kitchen room.
• Owner: John Kojis

• Type: Commercial: Addition
• Description: News construction of 2 above ground fuel tanks of 1,536 s.f. (10,000 gallon and 12,000 gallon) to serve existing aircraft hanger complex.
• Owner: Luke Lewis

• Type: Commercial: Remodel
• Description: PHASE 3: Interior renovation of 1,000 s.f. on 2nd floor Main Surgery to create Pharmacy/Anesthesia Area for doctor lounge expansion in existing hospital, Institutional use.
• Owner: Jeff Mosely

• Type: Occupancy
• Description: Office use
• Owner: Mitch Verma

• Type: Occupancy
• Description: Warehouse
• Owner: Perry Stark

• Type: Occupancy
• Description: Law Firm
• Owner: N/A

• Type: Occupancy
• Description: Commercial Occupancy
• Owner: N/A

• Type: Occupancy
• Description: snowball stand/snacks
• Owner: Cameron Jackson

• Type: Occupancy
• Description: Existing Restaurant
• Owner: N/A

• Type: Occupancy
• Description: Temporary construction trailer – 500 sq ft
• Owner: Jody Glenn

• Type: Commercial: Shell
• Description: New construction of 3,478 s.f. SHELL bldg. for future Business as dental clinic, and parking/site work to serve.
• Owner: Nadia Elbar

• Type: Commercial: Remodel
• Description: Renovation of 12,330 s.f. (most of 4th floor) of existing Medical Office Bldg. An existing call center office will remain in operation. Including a new sprinkler system. Business occupancy for day use only.
• Owner: Jay Britsch

• Type: Commercial: Remodel
• Description: Renovation of existing vanilla box interior of 1,605 s.f. to resolve for Business office use. Scope of work includes Electrical, Mechanical and Plumbing.
• Owner: Scott Deumite

• Type: Occupancy: Clean
• Description: Commercial occupancy: clean and show
• Owner: Randy Wong

• Type: Gas Test
• Description: MIE BLD 2 ST A
• Owner: MIE PROPERTIES

• Type: Sign: On Premise
• Description: Wall sign at 16’6 by 2’6. Illuminated.
• Owner: N/A

• Type: Commercial: Complete Interior
• Description: Complete interior to finish out 7,650 s.f. portion of 4th floor for NIC–Neonatal Intensive Care Unit in existing Shell hospital.
• Owner: N/A

• Type: Commercial: Remodel
• Description: Renovation to relocate Inpatient burn unit from 1st floor to the 3rd floor of Patient Tower B, and to provide a space for Outpatient burn services on the first floor. The project also includes a roof garden adjacent to the inpatient unit. THIS permit is specific to the renovation for the 3rd floor Inpatient Burn Unit.
• Owner: Peyton Grant

• Type: Occupancy
• Description: BEAUTY AND BARBER
• Owner: Richard Tugwells

• Type: Commercial: Remodel
• Description: Renovation to relocate Inpatient burn unit from 1st floor to the 3rd floor of Patient Tower B, and to provide a space for Outpatient burn services on the first floor. The project also includes a roof garden adjacent to the inpatient unit. THIS permit is specific to the 1st floor relocated/renovated Outpatient Burn Unit. SEE 106068 for UPLOADED DRAWINGS and associated documents.
• Owner: Peyton Grant

• Type: Commercial: Remodel
• Description: Renovation to relocate Inpatient burn unit from 1st floor to the 3rd floor of Patient Tower B, and to provide a space for Outpatient burn services on the first floor. The project also includes a roof garden adjacent to the inpatient unit. THIS permit is specific to the new roof garden adjacent to inpatient unit. SEE 106068 for UPLOADED DRAWINGS and associated documents.
• Owner: Peyton Grant

• Type: Commercial: New
• Description: New construction of 340 s.f. bldg. for restaurant with kitchen, office, and restroom, Business use. Outdoor dining for 88. And new construction of a 120 s.f. bldg. for restroom use. THIS permit is for the New construction of the 120 s.f. bldg. for restroom use. SEE 100892 for UPLOADED PLANS.
• Owner: Curtis Jackson

• Type: Occupancy
• Description: Office Space for Lease
• Owner: N/A

• Type: Commercial: Remodel
• Description: Minor renovation of 4-plex apartment of 3300 s.f., Units 1-4. THIS PERMIT IS FOR UNIT 1 of 825 s.f.. Scope of work includes repair drywall as needed, repair/replace cabinets, replace A/C unit, rewiring as needed, replace electrical fixtures, replace/repair plumbing fixtures as needed. Paint interior and replacing flooring. NO STRUCTURAL CHANGES.
• Owner: N/A

• Type: Mechanical
• Description: Main central plant that serves numerous municipal facilities in the downtown Baton Rouge area. Level B-2.
• Owner: Sean Johnson

• Type: Commercial: Remodel
• Description: Renovation of existing 2,803 s.f. space in larger existing bldg. for new use as small restaurant, A-2 use, seating for 51.
• Owner: Tanner Strohschein

• Type: Commercial: Remodel
• Description: Minor renovation of 4-plex apartment of 3300 s.f. Units 1-4. THIS PERMIT IS FOR UNIT 3 of 825 s.f. Scope of work includes repair drywall as needed, repair/replace cabinets, replace A/C unit, rewiring as needed, replace electrical fixtures, replace/repair plumbing fixtures as needed. Paint interior and replacing flooring. NO STRUCTURAL CHANGES.
• Owner: N/A

• Type: Commercial: Remodel
• Description: Minor renovation of 4-plex apartment of 3300 s.f., Units 1-4. THIS PERMIT IS FOR UNIT 4 of 825 s.f. Scope of work includes repair drywall as needed, repair/replace cabinets, replace A/C unit, rewiring as needed, replace electrical fixtures, replace/repair plumbing fixtures as needed. Paint interior and replacing flooring. NO STRUCTURAL CHANGES.
• Owner: N/A

• Type: Sign: Off Premise
• Description: Billboard at 12′ by 6′.
• Owner: Scott Snyder

• Type: Commercial: Remodel
• Description: Fire damage renovation of 900 s.f. Unit A in four-plex apartment building. Scope of work includes rewiring entire Unit A, replace front doors and windows, replacing A/C unit and ductwork, replace toilets, tubs, sinks and plumbing lines, replacing sheetrock (maintain rated tenant separation) and insulation (exterior walls and attic). NO STRUCTURAL CHANGES.
• Owner: Keva Moore

• Type: Commercial: Remodel
• Description: Minor renovation of 4-plex apartment of 3300 s.f., Units 1-4. THIS PERMIT IS FOR UNIT 2 of 825 s.f. Scope of work includes repair drywall as needed, repair/replace cabinets, replace A/C unit, rewiring as needed, replace electrical fixtures, replace/repair plumbing fixtures as needed. Paint interior and replacing flooring. NO STRUCTURAL CHANGES.
• Owner: N/A

• Type: Sign: Off Premise
• Description: Billboard sign at 10’6 by 36′. No electrical.
• Owner: Scott Snyder

• Type: Sign: Off Premise
• Description: Billboard at 36′ by 10’6.
• Owner: Scott Snyder

• Type: Sign: Off Premise
• Description: Billboard at 12′ by 6′.
• Owner: Scott Snyder