29 Mar The Pulse: Royal Furniture Building in Mid City Sold

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

Commercial Sales Recorded Last Week

20191 Plank Rd
Price: $700,000 ($241 / SF)
Buyer: Family Enterprise 1 Inc
Elifin’s Notes: Local investor purchases Shell branded gas station in Zachary on the corner of Plank Rd and Main St.

1900 Main St
Price: $1,250,000 ($20 / SF)
Buyer: 1900 Main St LLC
Elifin’s Notes: Moore Care Caregiver Services owner and local investors purchase the Royal Furniture building in Mid-City.

8680 Bluebonnet Blvd, Ste A
Price: $725,000 ($211 / SF)
Buyer: Fangting Liang and Xiurong Li
Elifin’s Notes: Husband and wife investors purchase office suite in the Timberlake Office Condominium off Bluebonnet Blvd.

6773 Titian Ave
Price: $328,000 ($27,333 / Unit)
Buyer: Equity Capital Markets
Elifin’s Notes: Local investor purchases 12 unit apartment complex near the Florida Blvd and N Ardenwood Dr intersection.

2573 E Mason Ave
Price: $200,000 ($6.38 / Land SF)
Buyer: Turner Industries Group LLC
Elifin’s Notes: Turner Industries purchases 3 lots near the company’s equipment rental facility completing their ownership of the entire block.

555 Connell’s Park Lane
Price: $160,000 ($3.57 / Land SF)
Buyer: Richard Tipery Akin, DDS-MD A Professional Corporation
Elifin’s Notes: Local dentist, Dr. Richard Akins, purchases acre lot just off Goodwood Blvd.

10328 Florida Blvd
Price: $240,000 ($1.55 / Land SF)
Buyer: Grace Covenant Community Church
Elifin’s Notes: Grace Covenant Community Church purchases vacant acreage off Florida Blvd near the Sharp Rd intersection.

Upcoming Planning Commission Cases

Commercial Permits Issued Last Week

• Type: Demolition
• Description: Demolition to entire plant & all structures and installations
• Owner: N/A

• Type: Occupancy
• Description: Retail and rental of party decorations.
• Owner: LORENZO PLASENCIA

• Type: Occupancy
• Description: CLOTHING STORE
• Owner: N/A

• Type: Occupancy
• Description: House meter Building CC main meter electrical permit
• Owner: * Greystone Siegen LLC

• Type: Occupancy
• Description: New retail store in existing retail space.
• Owner: Shannon Mahon

• Type: Commercial: Remodel
• Description: Renovation/Remodel to replace roof, 29,023 s.f., from hurricane damage.
• Owner: Hoyt Greer

• Type: Occupancy: Clean
• Description: clean and show the property to potential tenants
• Owner: Peggy Westerman

• Type: Commercial: Complete Interior
• Description: (EXPEDITED) New Mercantile (Group M), retail sales, tenant build-out within an existing1,349 s.f. tenant lease space. Scope of work includes new electrical, mechanical and plumbing.
• Owner: N/A

• Type: Occupancy
• Description: Storage Building to hold Boat
• Owner: David Todd Waguespack

• Type: Commercial: Complete Interior
• Description: (EXPEDITED) New Mercantile (Group M), retail sales, tenant build-out within an existing1,349 s.f. tenant lease space. Scope of work includes new electrical, mechanical and plumbing.
• Owner: N/A

• Type: Occupancy
• Description: Existing snowball stand. Grease trap is Installed.
• Owner: Marvin Dotson

• Type: Occupancy
• Description: New tenant in existing office space. Real estate office.
• Owner: Mathew Laborde

• Type: Occupancy
• Description: New tenant in existing office space.
• Owner: Raina-Alexis Coignet

• Type: Occupancy
• Description: Organizing Storage and Decorating Retail Showroom
• Owner: Jill Boullion

• Type: Occupancy
• Description: This is a rental property where last tenant was stealing power at.
• Owner: Gerald Charlet

• Type: Commercial: Complete Interior
• Description: (EXPEDITED)Tenant improvement commercial retail project on existing corner ground floor level in previously unoccupied space. Leased area is 2,922 sq ft with new interior walls, fixtures, mechanical, electrical, and fire protection.
• Owner: Josh Galica

• Type: Occupancy
• Description: Hair Salon / Retail Hair Extensions / Wigs
• Owner: Justin Murry

• Type: Occupancy
• Description: Retail store
• Owner: Jeremy Bowser

• Type: Occupancy
• Description: Retail Store and occasional small classes
• Owner: Maria Harris

• Type: Occupancy
• Description: Storage space
• Owner: William Smith

• Type: Commercial: New
• Description: (Expedited) New prefabricated restroom installation, grading, sidewalk, sewer tie in to existing cleanout, water line tie in to existing water valve, old restroom demolition
• Owner: Mary Fernandez

• Type: Occupancy: Clean
• Description: Clean and show for office space.
• Owner: EJ Gaiennie

• Type: Commercial: Remodel
• Description: Interior and Exterior Renovations within an existing 2,315 s.f. restaurant, for a new Shipley Donut Restaurant (A-2).
• Owner: N/A

• Type: Occupancy
• Description: Hospice offices
• Owner: Tonya Loveless

• Type: Commercial: Remodel
• Description: (Expedited) Build-out / renovation of an existing first floor office suite.
• Owner: Ben Huxen

• Type: Plumbing
• Description: Repipe existing grease trap under sink
• Owner: Lucretia Franklin

• Type: Commercial: Parking Lot
• Description: Parking lot renovation to serve commercial development on adjacent parcel.
• Owner: Sal Bernadas

• Type: Commercial: Remodel
• Description: Renovation of existing warehouse, S-1, sprinklered, building to add new 674 s.f. office space, and conference room, for Business use, to the interior.
• Owner: Robert Scannell

• Type: Occupancy
• Description: Plumbing Repair business
• Owner: Matthew Deslatte

• Type: Occupancy
• Description: CAR WRAPS & STORAGE
• Owner: CORY ROBINSON

• Type: Occupancy
• Description: New tenant in existing office/warehouse. Office and storage of potting soil and supplies.
• Owner: Gloria Tutt

• Type: Commercial: Remodel
• Description: Renovation of 18,656 s.f. in existing 150,071 s.f. sprinklered, re-hab/mental health center bldg. limited to removal & replacement of interior gypsum board; interior doors & frames to be removed & replaced, structure & framing, egress doors & system, fire alarm/suppression, No E., M., and P work. Continued I-2 occupancy. Sheetrock is being removed because of leaks from possible plumbing issues.
• Owner: TREY ADAMS

• Type: Occupancy
• Description: Entergy meter for gate
• Owner: Terry Honore

• Type: Occupancy
• Description: New tenant in existing office space.
• Owner: Edward Chargois

• Type: Land Clearing
• Description: Land Clearing
• Owner: John Magee

• Type: Occupancy
• Description: meter for pump for lake
• Owner: Katarzyna Forgues

• Type: Occupancy
• Description: existing office space for waters investments
• Owner: george waters

• Type: Occupancy
• Description: Clean and show of existing office space.
• Owner: N/A

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

• Type: Occupancy
• Description: Local Office for TK Elevator
• Owner: Ryan Pritchard

• Type: Plumbing
• Description: water heater change out
• Owner: William Bush

• Type: Occupancy
• Description: Existing electrical contracting office – Changing Entergy account.
• Owner: Steven McGee

• Type: Occupancy
• Description: Clean and Show
• Owner: Fangting Liang

• Type: Occupancy
• Description: Clean and Show
• Owner: Fangting Liang

• Type: Commercial: New
• Description: Renovation of existing 1,100 s.f. bldg. or space from small restaurant to Mercantile use: sales of tobacco products.
• Owner: Mohammed Akasha

• Type: Electrical
• Description: Building 8 Apts – 81-88 , replace faulty meter center
• Owner: Stephanie Vollman

• Type: Electrical
• Description: 600 amp service for portable gravel equipment.
• Owner: Tracey Munn

• Type: Occupancy
• Description: Hair Salon
• Owner: Angela Stewman

• Type: Commercial: New
• Description: Single story new construction 7,212 sf, Type IIB for Martin Wine with adjacent parking lot. Building to be used as wine store with the addition of small cafe.
• Owner: Don Joffrion