02 Dec The Pulse: Former Hancock Whitney + Midsouth Bank Branches Sell

Posted at 12:00h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

6677 Siegen Ln
Price: $2,255,000 ($884 / SF)
Buyer: Bancorpsouth Bank
Elifin’s Notes: Bancorpsouth Bank purchases MidSouth Bank branch on the corner of Siegen Ln and Industriplex Blvd.
5379 Highland Rd
Price: $500,000 ($208 / SF)
Buyer: South Louisiana Bank
Elifin’s Notes: Former Hancock Whitney branch sells to Houma-based South Louisiana Bank near the intersection of Highland Rd and Lee Dr.
601 Napoleon St
Price: $225,000 ($113 / SF)
Buyer: 5812 Investments LLC
Elifin’s Notes: Local investor Adam Pitts purchases office building on Napoleon St south of Government St with plans to renovate the property.
622 Shadows Ln, Suite D
Price: $145,000 ($97 / SF)
Buyer: BC Chisholm Holdings LLC
Elifin’s Notes: Dr. Brian Chisholm, DDS purchases office suite neighboring his office in Connell’s Office Park.
1800 City Farm Dr, Building 1
Price: $761,300 ($116.28 / Land SF)
Buyer: Fabre Real Estate LLC
Elifin’s Notes: Calvin Fabre, the president of local full-service digital marketing and software development firm Envoc, purchases office pad site at City Farm office park.
7715 Tom Dr
Price: $209,000 ($30 / SF)
Buyer: New Era Electronic Medical Claims Processing Inc
Elifin’s Notes: Industrial property currently used by Life Church Baton Rouge sells on the corner of Tom Dr and Dallas Dr.
Tract S Sullivan Rd
Price: $960,000 ($5.14 / Land SF)
Buyer: JPF Sullivan LLC
Elifin’s Notes: The owners of Firmin Construction Corporation purchase 4+ acre lot on Sullivan Rd across from Pat’s Home Center.
Tracts 10-18 Hollywood St
Price: $500,000 ($1.25 / Land SF)
Buyer: Hollywood Heights LLC
Elifin’s Notes: 9+ acres on Hollywood St, the former site of Redemptorist High School’s baseball field, sells to residential developer Todd Waguespack.

 

Upcoming Planning Commission Cases

  • 9533 Kindletree Dr: Proposed Commercial Rezoning
    • Submitted 10/28/2019 by Nhung Cao. Proposed rezoning from Rural (R) to Light Commercial (LC1) for commercial building/business use.
    • PA Application – Case Application – Map
  • Port Hudson-Plains Rd: Proposed Residential Development
    • Submitted 10/31/19 by Mickey Robertson. Proposed single family residential development on 72+ acres off Port Hudson-Plains Rd near Samuel’s Rd in Zachary.
    • PA Application – Case Application – Map
  • Scotland-Zachary Hwy at Thomas Rd: Property Rezoning
    • Submitted 10/2/2019 by Keely Scott. Proposed rezoning of lot A from General Residential (A4) and Heavy Commercial (C2) to Light Commercial (LC3) for uniform zoning designation.
    • Application – Map

Commercial Permits Issued Last Week

11/27/2019 // 14241 STE A3 COURSEY BLVD BATON ROUGE LA 70817
  • Type: Occupancy
  • Description: Restaurant no cooking
  • Owner: N/A
11/27/2019 // 6677 SIEGEN LN BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: COMMERCIAL BANK
  • Owner: WILLIAM BEACOM
11/27/2019 // 11011 CAL RD BATON ROUGE LA 70809
  • Type: Electrical
  • Description: REPLACING A 8-PACK METER PACK. DISCONNECT SET 12/2/19
  • Owner: N/A
11/27/2019 // 11616 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Retail Store
  • Owner: Robert Smith
11/26/2019 // 3120 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Sign: On Premise
  • Description: Wall sign installation at 8.46′ by 2.26′. Illuminated.
  • Owner: Dona Bagot
11/26/2019 // 10453 AIRLINE HWY BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Commercial occupancy: Beauty & Barber Shop
  • Owner: Barbara Vignes
11/26/2019 // 6630 STE N EXCHEQUER DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Mosquito Control Company
  • Owner: N/A
11/26/2019 // 12032 PARKMEADOW AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Commercial lot purchased adjacent to school for future school use Need lights on pavillion
  • Owner: SHARON BLEVINS
11/26/2019 // 5696 SIEGEN LN BATON ROUGE LA 70809
  • Type: Sign: On Premise
  • Description: Pylon sign at 8.42′ by 10.6′. Illuminated.
  • Owner: Tom Fennell
11/26/2019 // 1930 PERKINS RD BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Dental Office
  • Owner: Jeannie Theriot
11/26/2019 // 1295 N SHERWOOD FOREST DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Smoothie Shop
  • Owner: Zhen Lu
11/26/2019 // 6655 COMPLEX DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Office-warehouse space
  • Owner: N/A
11/25/2019 // 8418 SCOTLAND AVE BATON ROUGE LA 70807
  • Type: Occupancy: Clean
  • Description: NEED CLEAN AND SHOW APPROVAL FOR ENTERGY TO READ CURRENT METER AND LEAVE SERVICE ON. **NO CONSTRUCTION**
  • Owner: Bradly Brown
11/25/2019 // 8774 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Sign: On Premise
  • Description: Pylon sign at 8.7′ by 10′. Illuminated.
  • Owner: Lexi Gaudet
11/25/2019 // 6255 BLUEBONNET BLVD BATON ROUGE LA 70836
  • Type: Commercial: Complete Interior
  • Description: Complete interior to finish out existing shell permit of 4,000 s.f. Sprk. bldg. for Mercantile sales use (Sales area = 2807 s.f.). New exterior windows, complete HVAC, RTU’s w/ framing.
  • Owner: Bibi Sukey
Elifin Realty
marketing@elifinrealty.com
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