23 Dec The Pulse: 2 Large Multifamily Sales + New Jones Creek Restaurant

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

1860 Boulevard de Province
Price: $4,567,500 ($21,959 / Unit)
Buyer: Contour Sable Chase LLC
Elifin’s Notes: The Sable Chase Apartments complex sells to Michigan-based Contour Companies, a firm that specializes in commercial and residential developments and multifamily revitalization. The 208 unit complex is located between Old Hammond Hwy and I-12.
3000 July St
Price: Price Withheld
Buyer: July Street Property Holdings LLC
Elifin’s Notes: New Jersey-based Real Estate Investment firm, Cider Moon Investment Group, purchases 283 condo units in The Bradshaw Apartment complex located near the North Gates of LSU.
13002 Coursey Blvd
Price: Price Withheld
Buyer: MDC Box 1 LLC
Elifin’s Notes: San Diego-based Realty Income Corporation purchases Winn-Dixie on the corner of Coursey Blvd and Stumberg Lane.
15105 Greenwell Springs Rd
Price: Price Withheld
Buyer: MDC Coast 19 LLC
Elifin’s Notes: San Diego-based Realty Income Corporation purchases Dollar General on Greenwell Springs Rd near the Central Thwy intersection.
7912 Summa Ave
Price: $630,000 ($95 / SF)
Buyer: Jendale-D LLC
Elifin’s Notes: Louisiana School Board Association sells office on Summa Ave near Essen Lane.
11556, 11572 Darryl Dr
Price: $150,000 ($19 / SF)
Buyer: Construction Specialties LLC
Elifin’s Notes: Two industrial properties sell near the corner S Choctaw Dr and N Sherwood Forest Dr.
Lots 1-50 Burbank Dr
Price: $2,500,000 ($17.34 / Land SF)
Buyer: DSLD Homes LLC
Elifin’s Notes: DSLD Homes purchases 50 lots off Burbank Dr near Cordova Ave for The Cottages at University Villas, a townhome development.

 

Upcoming Planning Commission Cases

  • 5605 Jones Creek Rd: Rezoning for Triplet’s Blue Store
    • Submitted 12/04/2019 by Quality Engineering and Surveying, LLC. Proposed rezoning from Rural to Light Commercial (LC1) for Triplet’s Blue Store
    • Application – Map
  • 5380 Jones Creek Rd: Rezoning for Restaurant
    • Submitted 12/2/2019 by Agron Vatoci. Proposed rezoning from Heavy Commercial (HC1) to Commercial Alcoholic Beverage (Restaurant) (C-AB-1).
    • Application – Map
  • Catholic High School Training Facility
    • Submitted 11/27/2019 by Blayne McRae. Proposed student union for Catholic High School including common area for students and additional parking for the school.
    • Application – Map

Commercial Permits Issued Last Week

12/20/2019  //  3158 HIGHLAND RD BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Existing Fast food/pizza restaurant
  • Owner: Tracey Tarleton
12/20/2019  //  8347 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Auto Repair business
  • Owner: N/A
12/20/2019  //  12254 LA MARGIE AVE BATON ROUGE LA 70815
  • Type: Commercial: Remodel
  • Description: Renovation to existing apartment bldg. unit # 193 to repair 140 s.f. damage from vehicle collision, renovate exterior brick/wood wall framing and window and correct wiring in wall.
  • Owner: Betty Rochester
12/20/2019  //  2321 DRUSILLA LN BATON ROUGE LA 70809
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: Kathleen Weilbacher
12/20/2019  //  12451 LEISURE RD BATON ROUGE LA 70807
  • Type: Commercial: Parking Lot
  • Description: Renovation/improvements to existing parking lot including driving aisles, and fueling areas. Upgrading areas of stone to asphalt paving, and drainage improvements. No electrical work included in scope.
  • Owner: Sharon Mann
12/20/2019  //  3140 N SHERWOOD FOREST DR BATON ROUGE LA 70814
  • Type: Commercial: New
  • Description: New construction of a new 5,350 s.f. bldg. for office/warehouse use for the BREC Capital Improvements Program, and new parking to serve.
  • Owner: Reed Richard
12/20/2019  //  3829 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 340 s.f. bldg. for restaurant with kitchen, office, and restroom, Business use. Outdoor dining for 88. And new 120 s.f. bldg. for restroom use. THIS permit is for the 340 s.f. bldg. and site work. (Health dept. on site visit: it appears there are two pods, and a hidden shed….?)
  • Owner: Curtis Jackson
12/19/2019  //  8221 GOODWOOD BLVD BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: Renovation of 2,700 s.f. Ste B of existing 9,454 s.f. bldg. for Business personal service/sports therapy office use. (The 9,454 s.f. existing includes a currently permitted addition of 4,111 s.f. Issued, not finished/closed out as of 1/10/19)
  • Owner: N/A
12/19/2019  //  7922 SUMMA AVE Baton Rouge LA 70809
  • Type: Occupancy
  • Description: medical office
  • Owner: Rena Jolly
12/19/2019  //  7922 SUMMA AVE Baton Rouge LA 70809
  • Type: Occupancy
  • Description: Medical Office
  • Owner: Rena Jolly
12/19/2019  //  3358 STE 1D DRUSILLA LN BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Showroom for flooring
  • Owner: N/A
12/19/2019  //  15015 JAMESTOWN BLVD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Existing Office Building
  • Owner: Sebastian Alvarez
12/19/2019  //  9330 MALL OF LOUISIANA BLVD BATON ROUGE LA 70836
  • Type: Occupancy
  • Description: Tent/Retail
  • Owner: N/A
12/19/2019  //  3071 YORKTOWN DR BATON ROUGE LA 70808
  • Type: Mechanical
  • Description: Change out
  • Owner: N/A
12/19/2019  //  7110 AIRLINE HWY BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Office Warehouse
  • Owner: N/A
12/19/2019  //  190 LEE DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Existing Office/Retail space
  • Owner: Rose Sedberry
12/18/2019  //  15015 JAMESTOWN BLVD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Building Office Space
  • Owner: Carlos Alvarez
12/18/2019  //  9065 STE B PERKINS RD LA
  • Type: Occupancy
  • Description: Massage spa
  • Owner: N/A
12/18/2019  //  7833 OFFICE PARK BLVD BATON ROUGE LA 70809
  • Type: Commercial: New
  • Description: New construction 2 story building, for Business occupancy. Business occupancy with Site improvements include parking lot paving, landscaping, underground stormwater piping, stormwater detention system, natural gas generator. (Replacing a demolished 2 story Business bldg. of 3,539 s.f.)
  • Owner: Joey Quinlan
12/18/2019  //  516 NAPOLEON ST BATON ROUGE LA 70802
  • Type: Demolition
  • Description: Demolition a 2 story commercial building
  • Owner: N/A
12/18/2019  //  1443 STE 12 DELPLAZA DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Private practice counseling services
  • Owner: N/A
12/18/2019  //  5638 STE A SUPERIOR DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office for Environmental Consulting/Sciences 660 SF
  • Owner: Paul and/or Mark Herman
12/18/2019  //  1871 STE D STARING LN BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Retail furniture store
  • Owner: Kevin lazaroe
12/18/2019  //  18291 HIGHLAND RD BATON ROUGE LA 70810
  • Type: Commercial: Remodel
  • Description: Interior renovation of 1,222 s.f. ste 105 for day clinic as chiropractic office, Business use. Scope of work includes new layout of walls, restroom remaining as is, adding counters and additional sink, additional electrical work and mechanical duct work adjustments as applicable for new layout.
  • Owner: Gerald Pearson
12/18/2019  //  635 FRANCE ST BATON ROUGE LA 70802
  • Type: Demolition
  • Description: Demolition of a two-story cinder-block commercial structure.
  • Owner: Terrence R Williams
12/17/2019  //  2956 NICHOLSON DR BATON ROUGE LA 70802
  • Type: Electrical
  • Description: Convenience Store Replace meter pan disconnect/reconnect
  • Owner: Yaser Zaben
12/17/2019  //  13697 COURSEY BLVD BATON ROUGE LA 70817
  • Type: Commercial: Remodel
  • Description: Renovation of 2,637 s.f. in an existing 4,014 s.f. existing bank building including finish upgrades to lobby, adjacent offices, and ADA for continued same Business use.
  • Owner: Greg Inman
12/17/2019  //  3000 BLDG 2 JULY ST BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Apartment Community – BLD 2 House Meter 2
  • Owner: Brad Ryland
12/17/2019  //  3000 BLDG 1 JULY ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Apartment Community – Bldg 1 House Meter 1
  • Owner: Brad Ryland
12/17/2019  //  1137 W CHIMES ST BATON ROUGE LA 70802
  • Type: Commercial: Remodel
  • Description: Renovation of 6 apartment units of an existing 4,984 s.f., 2-story/8-unit apartment building THIS PERMIT FOR 1st floor UNITS 3-combining it with existing/now former unit 5.. Scope of work includes enlarging bathrooms, kitchen, replacing plumb. fixtures, doors, windows. New W/H/ in UNIT 3; Includes new PTAC units & metal awning. NO WORK TO UNITS 1 & 7; (See 105983 for Unit 5-laundry room. 105986 for 2nd floor units)
  • Owner: Ben Vallowe
12/17/2019  //  1137 W CHIMES ST BATON ROUGE LA 70802
  • Type: Commercial: Remodel
  • Description: Renovation of 6 apartment units of an existing 4,984 s.f., 2-story/8-unit apartment building. THIS permit is for a Renovation of former unit 3 bedroom to create a community laundry rm. on 1st floor. Includes new washers & dryers, new outlets (using existing electrical service), replacing electrical fixtures, installing new flooring, replacing door, new windows, installing new PTAC unit, installing new water hearte, and new drain. A new metal awning also.
  • Owner: Ben Vallowe
12/17/2019  //  11412 STE B LAKE SHERWOOD AVE N BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Commercial office building
  • Owner: N/A
12/17/2019  //  11412 STE A LAKE SHERWOOD AVE N BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Commercial office building
  • Owner: N/A
12/17/2019  //  4449 CANNON ST BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: existing church
  • Owner: George Johnson
12/17/2019  //  7560 CORPORATE BLVD BATON ROUGE LA 70809
  • Type: Commercial: Remodel
  • Description: Renovation of existing 9,939 s.f. bldg. for continued Mercantile use as a jewelry store, including recent Shell addition of 2,909 s.f. Scope of work includes new electrical, plumbing and mechanical.
  • Owner: Lee Michaels Jewelry
12/17/2019  //  10750 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Demolition
  • Description: Demolition of a commercially burned out shopping center
  • Owner: N/A
12/17/2019  //  6015 MC CLELLAND DR BATON ROUGE LA 70805
  • Type: Commercial: New
  • Description: New construction of 640 s.f. snowball stand with stairs, ramp and front porch and parking to serve. Reviewed as Business with occupant load less than 50 persons.
  • Owner: Angela Johnson
12/17/2019  //  10707 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: apartment complex
  • Owner: Calli Scelfo
12/17/2019  //  8504 AIRWAY DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Selling homemade items, gift wrapping, balloons, cupcakes, candles, etc Service/retail
  • Owner: N/A
12/17/2019  //  2240 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Cellular Phone Store
  • Owner: Crown Wireless
12/17/2019  //  7620 STE E CORPORATE BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Nail Salon
  • Owner: N/A
12/17/2019  //  5638 STE E SUPERIOR DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Tax Prep
  • Owner: Paul Herman
12/17/2019  //  8345 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Cellular Phone Store
  • Owner: Crown Wireless
12/16/2019  //  7222 DYER RD BAKER LA 70714
  • Type: Mechanical
  • Description: add 16s mini split
  • Owner: Forbe Myers
12/16/2019  //  6166 SIEGEN LN BATON ROUGE LA 70809
  • Type: Commercial: Complete Interior
  • Description: Complete interior -vanilla box- of 1,912 s.f. Ste C space for future retail with bathroom, suspended ceiling, and electrical panel added to space. Scope of work also to include new mechanical, service sink and drinking fountain.
  • Owner: LINDA LONG
12/16/2019  //  10221 STE B PATRIOT DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Personal training center.
  • Owner: N/A
12/16/2019  //  5525 GALERIA DR BATON ROUGE LA 70816
  • Type: Occupancy: Clean
  • Description: Occupancy: Clean & Show Changing utilities back to owner/ no current tenant
  • Owner: Margaret Talbot
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