The Pulse: Robinson Bros Purchase Highland Rd Retail Center, LWCC Purchases Adjacent Restaurant

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

Commercial Sales Recorded Last Week

18135 E Petroleum Dr
Price: Withheld
Buyer: Robinson Brothers Inc
Elifin’s Notes: Robinson Brothers purchases multi-tenant retail property on the corner of Highland Rd and E Petroleum Dr. Price withheld.
2323 S Acadian Thwy
Price: $2,168,000 ($482 / SF)
Buyer: Louisiana Workers’ Compensation Corporation
Elifin’s Notes: LWCC purchases Mestizo restaurant property, continuing the corporation’s trend of acquiring properties near their office on S Acadian Thruway near I-10./div>
3075 Millerville Rd
Price: $625,000 ($128 / SF)
Buyer: CJL Management LLC
Elifin’s Notes: Local family purchases retail property on Millerville Rd that houses a Chris’s Specialty Meats and a salon.
6420 Groom Rd
Price: $1,530,000 ($408 / SF)
Buyer: Graham Real Estate Two LLC
Elifin’s Notes: Washington-based couple purchase Southstar Urgent Care property in Baker near the corner of Plank Rd and Groom Rd.
5217 Flanders Dr
Price: $1,000,000 ($155 / SF)
Buyer: Our Lady of the Lake Hospital, Inc
Elifin’s Notes: Our Lady of the Lake purchases medical office building near their main campus off Essen Lane.
11969 Bricksome Ave
Price: $205,000 ($69 / SF)
Buyer: Robicheaux Holdings LLC
Elifin’s Notes: Local investor purchases 4 suite office building on Bricksome Ave.
10210 Jefferson Hwy
Price: $650,000 ($6.88 / Land SF)
Buyer: Tower Capital Corporation
Elifin’s Notes: Jefferson United Methodist Church sells vacant property next to their church campus to local developer.
12230 Old Hammond Hwy
Price: $100,000 ($472 / Unit)
Buyer: TDG Baton Rouge LLC
Elifin’s Notes: Store More, a 212 unit self-storage facility, sells off Old Hammond Hwy near the S Sherwood Forest Blvd intersection. This property was “bank owned” and 0% occupancy since it flooded in 2016.

Upcoming Planning Commission Cases

  • Proposed rezoning of bar as a result of COVID-19
    • Submitted 10/29/2020 by Coursey Associates, LLC. To rezone from Commercial Alcoholic Beverage (restaurant) (C-AB-1) to Commercial Alcoholic Beverage (bar and lounge) (CAB-2). Justification for rezoning: COVID-19.
    • Application – View on Map

Commercial Permits Issued Last Week

12/31/2020 // 8311 OAK CREEK DR BATON ROUGE LA 70810
  • Type: Gas Test
  • Description: Warner Orthopedic Doctors office
  • Owner: SJ Saia
12/31/2020 // 3075 STE C MILLERVILLE RD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New owner of existing storage space.
  • Owner: tressy Leindecker
12/31/2020 // 1165 S FOSTER DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New tenant in space. Storage space with office with the same address.
  • Owner: Derrick Holloway
12/31/2020 // 209 W STATE ST BATON ROUGE LA 70802
  • Type: Occupancy: Clean
  • Description: Clean and show by owner for empty restaurant space.
  • Owner: Frank Duvic
12/31/2020 // 11666 STE B CEDAR PARK AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office/warehouse. Detailing and maintenance on vehicles.
  • Owner: Grey Hammett
12/30/2020 // 10442 S CHOCTAW DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Existing tenant in office/warehouse for sub-contractor traffic control devices.
  • Owner: Shauntrice Jones
12/30/2020 // 4415 PLANK RD BATON ROUGE LA 70805
  • Type: Commercial: Remodel
  • Description: Renovation to install new mansard roofing of 8,000 s.f. to former tire shop due to fire damage. Presumed for future Mercantile use.
  • Owner: Taha Kaid
12/30/2020 // 3930 STE E BURBANK DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: New tenant in existing restaurant. Ice Cream and popsicles shop.
  • Owner: Miguel Barragan
12/30/2020 // 10528 KENTSHIRE CT BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: New tenant in existing office building – offices for construction/development company.
  • Owner: Ash Patel
12/30/2020 // 7423 PICARDY AVE BATON ROUGE LA 70808
  • Type: Plumbing
  • Description: Replaced 40 gallon electric water heater in break room closet.
  • Owner: Sam Frazer
12/30/2020 // 142 LEE DR BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Remodel Existing Building To Grocery Store
  • Owner: Nashwan Alwaisi
12/30/2020 // 5133 ANNETTE ST BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Rental property
  • Owner: Chris Donley
12/29/2020 // 9030 SIEGEN LN BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut restaurant.
  • Owner: N/A
12/29/2020 // 541 SHADOWS LN BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New tenant in existing medical office. Dental office providing pediatric dental services.
  • Owner: Rebecca Day
12/29/2020 // 7310 AIRLINE HWY Baton Rouge LA 70805
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut restaurant.
  • Owner: JJB Pizza 2 LLC Charisse Jelks
12/29/2020 // T 12200 PARKKNOLL AVE BATON ROUGE LA 70816
  • Type: Land Clearing
  • Description: Land Clearing 12.93 acres
  • Owner: Alizia Persaud
12/29/2020 // 18165 E PETROLEUM DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office space. Advertising and marketing firm.
  • Owner: Clay Young
12/29/2020 // 8225 SUMMA AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New management of privately owned nursing home.
  • Owner: Charles Moody
12/29/2020 // 11832 STE 13 NEWCASTLE AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Nonprofit organization recognizing/rewarding students.
  • Owner: Lionel O’Conner
12/28/2020 // 4455 AMERICAN WAY BATON ROUGE LA 70816
  • Type: Electrical
  • Description: Replacing electrical riser for distribution center for meters
  • Owner: N/A
12/28/2020 // 2906 GOVERNMENT ST BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut.
  • Owner: Michael Quinn
12/28/2020 // 4387 FAIRFIELDS AVE BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Existing snowball stand.
  • Owner: Monica Hayes
12/28/2020 // 13214 STE D COURSEY BLVD BATON ROUGE LA 70817
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut.
  • Owner: Michael Quinn
12/28/2020 // 1809 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut.
  • Owner: N/A
12/28/2020 // 11736 NEWCASTLE AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New owner of existing office building.
  • Owner: Prashanth Kankar
12/28/2020 // 1800 BLDG 5 CITY FARM DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Insurance brokerage office
  • Owner: Christopher Ciesielski
12/28/2020 // 9172 CASTILLE RD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in office/warehouse – storing office and construction parts.
  • Owner: Chris Kernion
12/28/2020 // 7089 SIEGEN LN BATON ROUGE LA 70809
  • Type: Commercial: Complete Interior
  • Description: Renovation of existing Ste A of 1,580 s.f. for fast food restaurant use, seating for 25 persons, reviewed as Business.use.
  • Owner: Ross Weil
12/28/2020 // 1230 STE D O’Neal Lane Baton Rouge LA
  • Type: Commercial: Remodel
  • Description: Complete Interior renovation of 1,300 s.f. Suite A for restaurant use. Business use, under 50 occupants.
  • Owner: Tammy Pham
12/28/2020 // 4410 STE A8 Highland Rd Baton Rouge LA 70808
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut.
  • Owner: Michael Quinn
12/28/2020 // 9880 BLUEBONNET BLVD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut.
  • Owner: Michael Quinn
12/28/2020 // 930 STE E2 O’Neal Lane Baton Rouge LA 70816
  • Type: Occupancy
  • Description: New owner of existing Pizza Hut.
  • Owner: N/A
Elifin Realty
marketing@elifinrealty.com
No Comments

Post A Comment