Tuscany Villas Apartments Sell for 34.5m

The March 1, 2021 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $38.6M in disclosed volume. The headline deal: Evergreen at Tuscany Villas LLC, a Florida-based investor, paid $34.5M ($75,000/unit) for the 460-unit Tuscany Villas Apartments off Siegen Lane near I-10. Land and industrial each accounted for three of the ten sales, including Walk On's CEO Brandon Landry's $700K purchase of commercially zoned land off Perkins Road, while the East Baton Rouge Council on the Aging, Inc paid $1.09M for an office building from the City of Baton Rouge at Main Street and North 17th Street.

By ELIFIN® Source: ELIFIN transaction database

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10Commercial sales recorded
$38.6MDisclosed volume (9 of 10 sales)
$34.5MLargest sale · 10732 S Mall Dr
3Land sales, the most active type

Commercial Sales Recorded Last Week 10 sales

10732 S Mall Dr

10732 S Mall Dr

  • Multifamily

$34,500,000 $75,000 / unit

Tuscany Villas Apartments, a 460-unit complex located off Siegen Lane near I-10, sells to Florida-based investor.

BuyerEvergreen at Tuscany Villas LLC

1701 Main St

1701 Main St

  • Office

$1,090,250 $66 / SF

East Baton Rouge Council on the Aging purchase office building from the City of Baton Rouge on the corner of Main St and N 17th St.

BuyerEast Baton Rouge Council on the Aging, Inc

Tract D-1 Burbank Dr

Tract D-1 Burbank Dr

  • Land

$750,000 $5.23 / Land SF

Local developer purchases vacant land zoned PUD on the corner of Burbank Dr and Pelican Lakes Pkwy.

BuyerBurbank Parc LLC

Perkins Rd

Perkins Rd

  • Land

$700,000 $8.03 / Land SF

Walk On's CEO purchases commercially zoned land off Perkins Rd.

BuyerBrandon Landry

8139 Florida Blvd

8139 Florida Blvd

  • Retail

$500,000 $63 / SF

Owner of Kased's International Market purchases property neighboring their location off Florida Blvd near the Wooddale Blvd intersection.

BuyerNK Real Estate Investments LLC

4133 Evan Brooks Dr

4133 Evan Brooks Dr

  • Industrial

$300,000 $33 / SF

Warehouse sells off of Greenwell Springs Rd west of the Joor Rd intersection.

BuyerNew Beginnings of Louisiana LLC

11860 Boylan Ave

11860 Boylan Ave

  • Industrial

$300,000 $98 / SF

Local investor purchases office/warehouse located off Exchequer Dr.

BuyerFoursquare Homes LLC

5431 Superior Dr

5431 Superior Dr

  • Office

$288,271 $76 / SF

First Financial Tax Service purchases office building near the corner of S Sherwood Forest Blvd and Market Place Ave.

BuyerFirst Financial Tax Service LLC

11762 Darryl Dr

11762 Darryl Dr

  • Industrial

$150,000 $8 / SF

Local investor purchases 3 industrial properties located off S Choctaw Dr.

BuyerSavanna View LLC

5831 Creek Centre Dr

5831 Creek Centre Dr

  • Land

Price withheld

Tennessee-based real estate investment firm Hutton purchases vacant lot off Burbank Dr in front of the Arlington Cottages & Townhomes development. Price withheld.

BuyerHutton Baton Rouge LA Burbank St LLC

Upcoming Planning Commission Cases 1 case

Florida Blvd Rezoning from Rural to Heavy Commercial

Submitted by Clet J DuPont III

Proposed rezoning from Rural to Heavy Commercial One (HC1) to match existing use after new ownership. Located on Florida Blvd close to Amite River Bridge.

Commercial Permits Issued Last Week 50 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
7844 GOODWOOD BLVD BATON ROUGE LA 70806Commercial: RemodelN/A(EXPEDITED) NEIGHBORS FEDERAL CREDIT UNION, GOODWOOD BRANCH IS A 11,345SF BUILDING. THE BUILDING IS NOT PROTECTED BY AN AUTOMATIC SPRINKLER SYSTEM. THE BUILDING HAS A FIRE ALARM. THIS RENOVATION WILL INCLUDE REMODELING THE LOBBY, ADJACENT OFFICES AND BACK OF HOUSE BREAK ROOM AND RESTROOMS. EXTERIOR RENOVATIONS WILL ALSO BE PERFORMED AS PART OF THE SAME CONSTRUCTION CONTRACT.O GREG INMAN
6401 BLUEBONNET BLVD BATON ROUGE LA 70836OccupancyN/ARetail sale of clothes.O Ramon Gonzales
12220 OLD HAMMOND HWY BATON ROUGE LA 70816OccupancyN/ANew tenant/business in existing Auto Repair shop.O Richard Lacour
246 LAFAYETTE ST Baton Rouge LA 70801OccupancyN/ANew owner of existing parking lot. Security lights/electrical only.O Jeremy Watson
11820 BOYLAN AVE BATON ROUGE LA 70809OccupancyN/AOffice/warehouse for masonry company. Office and storage.O Jason Spencer
7460 E INDUSTRIAL AVE BATON ROUGE LA 70805OccupancyN/ANew tenant in existing office/warehouse. Office use for staffing agency and storage.O Lucia Catano
10000 PERKINS ROWE BATON ROUGE LA 70810Commercial: RemodelN/A(EXPEDITED) White box renovations to an existing 2850 s.f. tenant space, within an existing mixed use multi-story building, for future tenant lease space (no occupancy). Scope of work includes mechanical, electrical and plumbing as well as providing new curbed supported store front windows between existing exterior wall super structure columns.O Josh Galica
2065 SHERWOOD MEADOW DR BATON ROUGE LA 70816Commercial: RemodelN/ARenovation to a small multi family home apartment unit. 2 stories. Scope of work includes mainly cosmetic changes (carpet, baseboards, painting), replacing toilets, kitchen/laundry appliances and A/C units.O Angel Avila
5431 SUPERIOR DR BATON ROUGE LA 70816OccupancyN/ANew tenant in existing office building. Office space for accounting firm.O Ameen Walker
4720 JONES CREEK RD BATON ROUGE LA 70817Commercial: NewN/ANew modular office building 35'x 56'.O Stephanie Hebert
5355 STE B GOVERNMENT ST BATON ROUGE LA 70806OccupancyN/ANew tenant in existing mercantile space. Thrift store.O Louisa Palmer
263 3RD ST BATON ROUGE LA 70801OccupancyN/ANew owner of existing commercial office building.O Jeremy Watson
5555 GOVERNMENT ST BATON ROUGE LA 70806OccupancyN/AExisting sporting goods retail store.O Mark Smith
13111 PLANK RD BATON ROUGE LA 70811Gas TestN/AGas test building warehouse AO —
6215 HOLLYFIELD DR BATON ROUGE LA 70809OccupancyN/AClean & Show Permit for existing unoccupied office/warehouse.O —
5360 HIGHLAND RD BATON ROUGE LA 70808Commercial: RemodelN/AInterior renovation of 15,0982 s.f. store.O —
224 FLORIDA ST BATON ROUGE LA 70801OccupancyN/ANew owner of existing commercial office building.O Jeremy Watson
3955 O'NEAL LN BATON ROUGE LA 70816Commercial: RemodelN/AInterior build-out remodelO Drew Dileo
11931 JUSTICE AVE BATON ROUGE LA 70816OccupancyN/ANew tenant in existing office space. Office for personal therapy.O Mr Gonzales
1818 BROOKLAWN DR BATON ROUGE LA 70807OccupancyN/ARail car service company.O Andrew Shields
7341 STE M JEFFERSON HWY BATON ROUGE LA 70806OccupancyN/AOffice for consultingO Abigail R Hamilton
10925 STE B PERKINS RD BATON ROUGE LA 70810OccupancyN/AExisting waxing business.O Tom Besselman
10444 MAMMOTH AVE BATON ROUGE LA 70814OccupancyN/ANew tenant in existing office/warehouse. Commercial use to fill industrial gases.O Michael Wilson
10434 MAMMOTH AVE BATON ROUGE LA 70814OccupancyN/ANew tenant in existing office/warehouse. Commercial use to fill industrial gases.O Michael Wilson
8201 VILLAGE PLAZA CT, STE 1C, BATON ROUGE, 70810 Baton ROuge LACommercial: RemodelN/ARenovation of suite C of 626 s.f. for artisan food products sales including wine and retail home goods. (Plans state no electrical, no structural, no mechanical.)O Robyn Parker
937 N BON MARCHE DR BATON ROUGE LA 70806OccupancyN/AWarehouse for storage of building materials and company van.O Arthur G Fesmire
11353 STE A5 GREENWELL SPRINGS RD BATON ROUGE LA 70814OccupancyN/AOffice for non-profit organization.O Redell Norman
1818 BROOKLAWN DR BATON ROUGE LA 70807OccupancyN/ARail car service company.O Andrew Shields
7414 PICARDY AVE BATON ROUGE LA 70808OccupancyN/AOrthopedic clinic. Suites B and C.O Marie Cazes
2444 DUMONT DR BATON ROUGE LA 70815ElectricalN/AVacant building in negotiation to sell. Direct short on the main riser, electrical service must be rebuilt to Entergy standards before turning power back on.O Jackie Campion
243 N ACADIAN THWY BATON ROUGE LA 70806OccupancyN/APhysical therapy clinic.O Kristen Bentley
311 STE A E AIRPORT AVE BATON ROUGE LA 70806OccupancyN/ANew tenant – Barbershop.O Matt Long
3106 BALIS DR BATON ROUGE LA 70808OccupancyN/ANew tenant in existing office/warehouse for storage use.O Lenny Lemoine
2957 ADDISON ST BATON ROUGE LA 70805ElectricalN/AElectrical Service due to Winter StormO Dion K Sideboard
9992 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/ANew tenant in existing office/warehouse. OFFICE AND STORAGE USE ONLY.O Keith Sharon
9628 CUYHANGA PKWY BATON ROUGE LA 70815ElectricalN/A1200 Emergency due to stormO Debbie Lowrance
2584 VANDERBILT DR BATON ROUGE LA 70816ElectricalN/AReplaced meter can and weatherheadO Khalid Diab
318 JENNIFER JEAN DR BATON ROUGE LA 70808Gas TestN/AGas TestO Tao Fang
1111 S FOSTER DR BATON ROUGE LA 70806OccupancyN/ANew tenant in existing office space. Admin office for contracting company.O Marcy Watkins
11021 HONORE LN BATON ROUGE LA 70809OccupancyN/ALight carpentry to make wood molds/forms. Then make decorative concrete/stone with the molds/forms.O Nicholas Higgins
12131 STE B FLORIDA BLVD BATON ROUGE LA 70815OccupancyN/ABraiding SalonO Nodia Hamilton
5637 STE B3 SUPERIOR DR BATON ROUGE LA 70816OccupancyN/ANew tenant in existing office space. Office for online retail.O Neal Patel
10925 FLORIDA BLVD BATON ROUGE LA 70815OccupancyN/ANon Profit religious/Church organization. Religious programs.O William Burt
3145 COLLEGE DR STE E BATON ROUGE LA 70808OccupancyN/Aretail space/ accessories and phoneO Lauren Castanedo
9555 ANTIOCH RD BATON ROUGE LA 70817OccupancyN/AOffice for holdings company.O Russell Mosely
11616 STE 2 INDUSTRIPLEX BLVD BATON ROUGE LA 70809OccupancyN/AAutomotive Lighting Products WholesalerO Rebecca Campbell
11573 STE B CEDAR PARK AVE BATON ROUGE LA 70809Occupancy: CleanN/AClean and show for office/warehouse.O Manish Sthanki
9555 ANTIOCH RD BATON ROUGE LA 70817OccupancyN/AOffice for holdings company.O Russell Mosely
9555 ANTIOCH RD BATON ROUGE LA 70817OccupancyN/AOffice for holdings company.O Russell Mosely
2564 N SHERWOOD FOREST DR BATON ROUGE LA 70815Commercial: RemodelN/A(Expedited) replacing kitchen HOOD and adding a gas line to switch to gas kitchen equipment.O ryan saleh
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