Real Estate

Queen of Sparkles is moving to Perkins Road

The Baton Rouge-based clothing and accessory brand Queen of Sparkles is moving to Perkins Road in the former Tuesday Morning space.  Contractors are currently working...

Cold front continues for Capital Region housing market

Following national trends, the Capital Region’s housing market is continuing to cool amid lowering inventory, elevated sales prices and high interest rates. 

City-parish buys shopping center by airport as part of $54M project 

East Baton Rouge City-Parish bought the shopping center at the corner of Plank and Hooper roads on behalf of the neighboring Greater Baton Rouge Airport District as part of a $54 million airport and traffic project. 

Mortgage rates dip below 7% for the first time in months  

The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely...

Facilities Maintenance Management buys former Hancock Whitney building

Denham Springs-based Facilities Maintenance Management, a full-service maintenance and construction company, will renovate the former Hancock Whitney Bank Denham Springs operations center as its new headquarters. 

Property near Amazon fulfillment center sells for $2.4M

A 19-acre property off Tom Drive near the former Cortana Mall site has sold for $2.4 million. 
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Alvarez Construction buys lots for Woodstock Park

Alvarez Construction has purchased 13 lots for the final phase in the Woodstock Park subdivision.

How lowering mortgage rates could change the US housing market next year 

Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average rate on a 30-year home loan to remain above 6%.

Windy Gladney’s commercial plans for Burbank recommended for denial

Planning staff members are recommending that the East Baton Rouge Parish Planning Commission deny local developer Windy Gladney’s proposal to develop some 33 acres off of Burbank for commercial use. 
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DR Horton buys lots in Baker subdivision

National homebuilder DR Horton has purchased 20 lots in the Sunshine Gardens subdivision in Baker. 
baton rouge real estate market

Baton Rouge office sales volume remains on a downward path 

The volume of office sales in the Baton Rouge market continues to fall, with the trailing 12-month volume dropping some 22% last month.

Housing prediction forecasts continuing declines for Baton Rouge market

National real estate experts are predicting Baton Rouge will see the third-highest decline in sales growth in the nation next year. 

Home prices in Baton Rouge increasing slower than national average

While the average sales price of homes in the Baton Rouge area has been going up, prices are not rising as rapidly in the Capital Region as they are in the rest of the country.  
real estate

Capital Region housing market continues to tighten

The Capital Region housing market is continuing to tighten, following national trends. 

Florida Boulevard building sells for $1.8M

The Louisiana Resource for Educators building on Florida Boulevard changed hands last week for $1.8 million, according to filings made Tuesday morning with the East Baton Rouge Parish Clerk of Court’s office.

See who purchased 200-plus acres near the East Baton Rouge/East Feliciana line

More than 200 acres of land near the East Baton Rouge and East Feliciana parishes border changed hands in a deal filed Friday afternoon with the East Baton Rouge Parish Clerk of Court. 

Development firm buys former law office in Beauregard Town 

Horizons Land and Development has purchased a former law office in Beauregard Town.

Engineering firm buys office in Baton Rouge Health District 

An office off Picardy Avenue and Brittany Drive in the Baton Rouge Health District was sold for $1.3 million this week. 

With additions like Zara, Mall of Louisiana returns to pre-pandemic traffic 

Fast-fashion chain Zara has opened its first Baton Rouge location in the Mall of Louisiana―a sign of the shopping center’s continued health post-pandemic, mall executives contend.

Matherne family sells lot along Siegen Lane

The Matherne family has sold another lot along Siegen Lane, near Ward Creek.