FDL Health Investors Purchase 6 Properties

The March 28, 2022 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $28.7M in disclosed volume. The headline deal: FDL 8000 Summa LLC, FDL Health Investors, paid $9.66M ($333/SF) for Sage Rehabilitation Hospital on Summa Avenue just off Essen Lane. Healthcare led the week with four of the twelve sales, all bought by Shreveport-based FDL Health Investors, which also purchased Capitol House Nursing on Florida Boulevard for $6.92M and St. Joseph's Hospice near Jefferson Highway and Airline Highway for $5.64M.

By ELIFIN® Source: ELIFIN transaction database

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12Commercial sales recorded
$28.7MDisclosed volume (11 of 12 sales)
$9.66MLargest sale · 8000 Summa Ave
4Healthcare sales, the most active type

Commercial Sales Recorded Last Week 12 sales

8000 Summa Ave

8000 Summa Ave

  • Healthcare

$9,661,935 $333 / SF

FDL Health Investors purchase Sage Rehabilitation Hospital just off Essen Lane.

BuyerFDL 8000 Summa LLC

11546 Florida Blvd

11546 Florida Blvd

  • Healthcare

$6,924,387 $199 / SF

Shreveport-based FDL Health Investors purchase Capitol House Nursing off Florida Blvd near the S Sherwood Forest Blvd intersection.

BuyerFDL 11546 Florida LLC

10615 Jefferson Hwy

10615 Jefferson Hwy

  • Healthcare

$5,636,129 $313 / SF

Shreveport-based FDL Health Investors purchase St. Joseph's Hospice near the corner of Jefferson Hwy and Airline Hwy.

BuyerSt Joseph Baton Rouge Real Estate LLC

8313 Picardy Ave

8313 Picardy Ave

  • Healthcare

$2,898,581 $322 / SF

FDL Health Investors purchase Sage Rehabilitation Outpatient and Day Neuro on Picardy Ave.

BuyerFDL 8313 Picardy LLC

8923 Bluebonnet Blvd

8923 Bluebonnet Blvd

  • Office

$1,103,071 $163 / SF

Shreveport-based FDL Health Investors purchase Bluebonnet medical office.

BuyerFDL 8923 Bluebonnet LLC

3535 Mohican St

3535 Mohican St

  • Specialty

$575,000

Attorney Joel Porter purchases former Community Bible Baptist Church campus off Mohican St near N Acadian Thwy.

BuyerPorter Holding LLC

6680 Hanks Drive

6680 Hanks Drive

  • Multifamily

$500,000 $25,000 / unit

Lafayette-based investor purchases Kean Place Apartments, a 20 unit complex located just off of Airline Hwy.

BuyerP&A Properties LLC

11551 Merchant Dr

11551 Merchant Dr

  • Industrial

$458,000 $105 / SF

Industrial property sells just off of Exchequer Dr.

BuyerEEG Holdings LLC

10545 Jefferson Hwy

10545 Jefferson Hwy

  • Office

$402,581 $101 / SF

Shreveport-based FDL Health Investors purchase office near the Jefferson Hwy and Airline Hwy intersection

BuyerFDL 10545 Jefferson LLC

3278 Ivanhoe St

3278 Ivanhoe St

  • Multifamily

$370,000 $123,333 / unit

Investor purchases triplex near the LSU campus.

BuyerBAYOU BEACH PROPERTIES LLC

14635 S Harrell's Ferry Rd, Unit 1C

14635 S Harrell's Ferry Rd, Unit 1C

  • Office

$135,000 $128 / SF

Office suite sells in the Forest Park Office Plaza.

BuyerPeak 14 Properties LLC

11165 Airline Highway

11165 Airline Highway

  • Industrial

Price withheld

Industrial property on 6.5 acres sells off Airline Hwy near S Sherwood Forest Blvd. Price withheld.

BuyerGracie-As, LLC

Upcoming Planning Commission Cases 1 case

Rezoning for Donut Shop on O'Neal

Submitted by Quality Engineering – Michael Petty

Proposed rezoning from Rural to Light Commercial One (LC1) for new donut shop in former Chase Bank building at the corner of O'Neal Lane and Riverdale Ave E.

Commercial Permits Issued Last Week 87 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
1082 W LEE DR BATON ROUGE LA 70820Commercial: RemodelN/Aformer ice cream shop will now be a restaurant.O Rachel williams
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
9344 DONNA DR BATON ROUGE LA 70815Gas TestN/Agas test neededO Jeff Gautreau
3054 EVANGELINE ST BATON ROUGE LA 70805Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT (CABINET PLATFORM AND ICEBRIDGE) TO AN EXISTING TELECOMMUNICATION TOWER.O —
2080 LOBDELL BLVD BATON ROUGE LA 70806ElectricalN/Achange out 6 pack meter center building 23-1thru 23-5 hmO —
3131 RILEY ST BATON ROUGE LA 70805OccupancyN/AExisting Apartment : Entergy Acct #184418192O Collis Temple
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
1461 THOMAS H DELPIT DR BATON ROUGE LA 70802Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT (CABINET PLATFORM AND ICEBRIDGE) TO AN EXISTING TELECOMMUNICATION TOWER.O —
10182 PATRIOT DR BATON ROUGE LA 70816OccupancyN/AWe are leasing this office and warehouse. The electric meter from Entergy is currently in the landlord's name, but the account needs to be transferred to our name for Entergy. Entergy said we must pull a permit with the City for that to happen.O Bryan Wesley
2515 HURON ST BATON ROUGE LA 70805DemolitionN/Ademolition of residenceO Patricia Blakes
5075 ADAMS AVE BATON ROUGE LA 70806Gas TestN/AGas TestO Rodney Tassistro
4237 PERKINS RD BATON ROUGE LA 70808OccupancyN/ANeed to get an occupancy certificate and inspection in order to get power turned back on by Entergy. Acct # 184454619O John Viator
8728 KIOWA DR BATON ROUGE LA 70815Commercial: AdditionN/A(Expedited Review) Removal of UST, Installation of AST, Installation of Fuel CanopyO —
13733 TIGER BEND RD BATON ROUGE LA 70817ElectricalN/A200 amp service/meter pan & pipeO Steve Guidry
1390 MARQUE ANN DR BATON ROUGE LA 70815OccupancyN/Asingle family residency, New TenantO Emad Nofal
8649 SUMMA AVE BATON ROUGE LA 70809Hotel/MotelN/AHotel/Motel PermitO Nick Lakha
820 LOUISIANA AVE BATON ROUGE LA 70802OccupancyN/ANeeds light turned on. Rental houseO —
3010 VALLEY CREEK DR BATON ROUGE LA 70808Hotel/MotelN/AHotel/Motel PermitO Ramanbhai Patel
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
6489 HANKS DR BATON ROUGE LA 70805Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT (CABINET PLATFORM AND ICEBRIDGE) TO AN EXISTING TELECOMMUNICATION TOWERO —
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
6813 ASPEN DR BATON ROUGE LA 70812ElectricalN/A200 amp serviceO Beverly Parker
4021 W E. HECK CT BATON ROUGE LA 70816Commercial: NewN/AConstruction of new 3,684 sq. ft. (Business Group B) office building consisting of 4 suites. Scope of work includes Mechanical, Electrical, and Plumbing.O —
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
11644 W SHERWOOD MEADOW AVE BATON ROUGE LA 70816OccupancyN/AJust purchased the building and this unit does not have powerO Frank Klein
1931 ERLANGER DR BATON ROUGE LA 70816PlumbingN/ARemove existing bathtub and part of the surround. Install a new pressure balance valve. Install a new acrylic bathtub in place of the old bathtub. Install a new acrylic surround. The water and drain will attach to existing plumbingO Nettie Madine
8921 BUZBEE DR BATON ROUGE LA 70809OccupancyN/Awarehouse to store auto partsO Brandy Joseph
2245 MARTIN AVE BATON ROUGE LA 70802ElectricalN/ARebuild Service – Replace riser., meter, and breaker panelO Gloria Ambeau
9060 LEMON RD SLAUGHTER LA 70777Gas TestN/AresidenceO Ray Williams
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
14141 AIRLINE HWY BATON ROUGE LA 70817OccupancyN/Aoffice and warehouse associated with design and build home constructionO Natalie Magee
2131 CHEROKEE AVE BATON ROUGE LA 70806ElectricalN/ARelocate ServiceO Rebecca Lemoine
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
2321 DRUSILLA LN BATON ROUGE LA 70809OccupancyN/AClean and show for future tenantO Kathleen Weilbacher
3056 WASHINGTON AVE BATON ROUGE LA 70802Gas TestN/AGas TestO Lamon Plummer
11810 GIBBENS RD BATON ROUGE LA 70807PlumbingN/AChanging from a private sewer system to public sewerO Andeab Berhane
263 CLOUD DR BATON ROUGE LA 70806ElectricalN/Arebuild 200amp serviceO john davenport
11440 STE A PERKINS RD BATON ROUGE LA 70810OccupancyN/AGas stationO Ammar Ziadeh
3847 PLANK RD BATON ROUGE LA 70805OccupancyN/AConvenient storeO Anthony Nguyen
18733 SAMUELS RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/AMoving manufactured home into Sweetbriar Trailer ParkO Burdette Huffman
2022 LOBDELL BLVD BATON ROUGE LA 70806OccupancyN/AMeter for Pool Pump ElectricO Shmuel Zalmanov
1891 MILLERVILLE RD BATON ROUGE LA 70816Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT (CABINET PLATFORM AND ICEBRIDGE) TO AN EXISTING TELECOMMUNICATION TOWER.O —
7657 PERKINS RD BATON ROUGE LA 70810OccupancyN/ARetail space for custom pictures framingO Gerald Ray
1529 ORLANDO DR BATON ROUGE LA 70815Gas TestN/AGas test on home due to gas company request.O Justin Tullier
214 N 17TH ST BATON ROUGE LA 70802Gas TestN/Agas test neededO Ernest Stull
9954 BUTTERCUP DR BATON ROUGE LA 70809ElectricalN/ARepair an overhead service (Emergency Inspection tree damaged service and line)O Johnathan Mcknight
1529 SIERRA VISTA DR BATON ROUGE LA 70815Gas TestN/AGas TestO Sarah J Savoy
5515 WASHINGTON AVE BATON ROUGE LA 70806PlumbingN/ARemove existing bathtub and part of the surround. Install a new pressure balance valve . Install a new acrylic shower base in place of the bathtub. Install a new acrylic surround. The water and drain will attach to existing plumbing .O Dwayne Watkins
4332 CANNON ST BATON ROUGE LA 70805ElectricalN/AEmergency reconnect 125 amp service- tree limb fell across electric lineO Antionette Albert
7171 STE 3 AIRLINE HWY BATON ROUGE LA 70812OccupancyN/AApparel storeO Van
250 S FOSTER DR BATON ROUGE LA 70806OccupancyN/ABar Service for an events venueO Perry Franklin
4560 NORTH BLVD BATON ROUGE LA 70806Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT (CABINET PLATFORM AND ICEBRIDGE) TO AN EXISTING TELECOMMUNICATION TOWERO —
8502 FORESTWOOD AVE BATON ROUGE LA 70812Land ClearingN/Aland clearing for Mickens Road PUDO Derek Blanchard
6656 LASALLE AVE BATON ROUGE LA 70806ElectricalN/AWe will be changing from an existing over head service to an underground serviceO Dawn Bordelon
1019 W GARFIELD ST BATON ROUGE LA 70802Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT (CABINET PLATFORM AND ICEBRIDGE) TO AN EXISTING TELECOMMUNICATION TOWERO —
5550 MANCUSO LN BATON ROUGE LA 70809Commercial: RemodelN/ADish Wireless will be install new antenna array and associated ground equipment (cabinet platform and ice bridge) at an existing Crown Castle owned cell tower.O —
147 ATKINSON ST BATON ROUGE LA 70806ElectricalN/Achange out existing main panel to 200 amp main breaker panelO —
2802 GREENWOOD DR BATON ROUGE LA 70808Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED 35 S.F. GROUND EQUIPMENT PLATFORM AND ICEBRIDGE TO AN EXISTING TELECOMMUNICATION TOWER.O —
271 KIRKLEY PL W BATON ROUGE LA 70815ElectricalN/AReplace damaged conduit on meter pan emergencyO Duan Trang
10067 BUTTERCUP DR BATON ROUGE LA 70809PlumbingN/AREPLACE EXISTING HWH WITH NEW HWHO TODD HOLLANDER
12489 COURSEY BLVD BATON ROUGE LA 70816ElectricalN/ACHANGING OUT MAIN BREAKER AND METER SOCKET. GETTING ENTERGY TO DISCONNECT POWER WEDNESDAY A.M. 3/23/22. WILL NEED TO RESTORE POWER SAME DAY. PEOPLE LIVE HERE, NEED TO RESTORE POWER SAME DAY.O STEVE HAYDEN
2751 W PERDUE DR BATON ROUGE LA 70814Commercial: RemodelN/APROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED 35 S.F. PLATFORM WITH ICEBRIDGE FOR GROUND EQUIPMENT TO AN EXISTING TELECOMMUNICATION TOWER.O —
4251 STE A JEFFERSON WOODS DR BATON ROUGE LA 70809PlumbingN/AREPLACING EXISTING HOT WATER HEATERO DANA JEFFRIES
1509 GOVERNMENT ST BATON ROUGE LA 70802OccupancyN/AElectric Power Transfer from Contractor to Business Owner for 967+- Sq. FTO Meredith Waguespack
2562 CITIPLACE CT BATON ROUGE LA 70808Hotel/MotelN/AHotel/Motel PermitO Al Patel
2107 E Mason Ave baton rouge LA 70805OccupancyN/ARental homeO Kendrick Crawford
1819 STUART AVE BATON ROUGE LA 70808PlumbingN/AREPLACING WATER HEATERO ANDREW JACKSON
6136 FLEETWOOD DR BATON ROUGE LA 70817Gas TestN/AWant's gas connected, meter offO Berit Hanna
18228 LAKE IRIS AVE BATON ROUGE LA 70817ElectricalN/AInstall new pitch pan and boot on electrical riserO Patrick Messenger
7434 PERKINS RD BATON ROUGE LA 70808Commercial: RemodelN/ARenovation of 5,615 s.f. on first floor in tenant space Suite 102 for Fitness Gym, A-3 Use.O Brian Oliver
1477 APT 1 LAKE CALAIS CT BATON ROUGE LA 70808OccupancyN/AExisting four plexO Hillary Moore
11252 FLORIDA BLVD BATON ROUGE LA 70815ElectricalN/AEmergency Service RebuildO Regina Cisneros
3030 Victoria Dr lot 9 baton rouge LA 70805ElectricalN/Ainstalling service for FEMA unitsO —
1295 N SHERWOOD FOREST DR BATON ROUGE LA 70815OccupancyN/AChange of ownershipO Loc Le
10945 RIEGER RD BATON ROUGE LA 70809Commercial: RemodelN/AInstallation of wall mounted electrical vehicle charging stations.O Scott Stone
4275 HATCHER AVE BATON ROUGE LA 70806Gas TestN/Agas pressure testO —
6458 FORD ST BATON ROUGE LA 70811OccupancyN/AUtilities onO Julia Butler
20839 MACHOST RD ZACHARY LA 70791Manufactured Home Permit: RelocationN/Aset up mobile homeO Joseph Price
12508 COURSEY BLVD BATON ROUGE LA 70816OccupancyN/Aa Non-Profit Organization that offers emergency and preventative services to the community.O Jasmine Gaulden
2022 LOBDELL BLVD BATON ROUGE LA 70806OccupancyN/AHouse Lights WorkshopO Shmuel Zalmanov
846 MYRTLE HILL DR BATON ROUGE LA 70810Gas TestN/Aupsize gas meterO Vij
17002 STE B JEFFERSON HWY BATON ROUGE LA 70817Occupancy: CleanN/AClean and showO Regi Mullins
11551 MERCHANT DR BATON ROUGE LA 70809OccupancyN/AGeneral OfficeO Timothy Fox
6136 MARIONETTE DR BATON ROUGE LA 70811OccupancyN/Aturning on electricO Charles Buche
9172 CASTILLE RD BATON ROUGE LA 70809Commercial: RemodelN/A(Expedited) Add second floor to buildingO David Metcalfe
2022 LOBDELL BLVD BATON ROUGE LA 70806OccupancyN/AAB Aspen Apartments. OfficeO Shmuel Zalmanov
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