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Deluxe Inn on Airline to become ELF Express Hotel following $1M sale

The Deluxe Inn at 10245 Airline Highway near Interstate 12 sold yesterday for $1 million to California-based ELF Homes Inc., says Louis Sirico, CEO of ELF. With an estimated $1.5 million remodel already in progress, the new ownership will upgrade...

DATE: April 17, 2014 | CATEGORY: Daily Report

City Pork purchased by owner of Leroy's, Frankie's Dawg House

City Pork, the charcuterie that opened near the Perkins Road overpass in December, is under new ownership. The restaurant was acquired in late January by Exclamation Point Hospitality Group, a newly formed restaurant company that also owns Leroy's...

DATE: April 17, 2014 | CATEGORY: Daily Report

Andrews: Reforms may be on the way for the mortgage interest deduction

Andrews: Reforms may be on the way for the mortgage interest deduction

Happy Tax Day. And happy birthday to my 85-year-old father, who has shared this day with the IRS since they officially designated April 15 as Tax Day in 1955. I know we've all been preparing for this day over the past few days, weeks and months (for...

DATE: April 15, 2014 | CATEGORY: Daily Report

Cook: Several offers rejected before Citiplace III sold for $7,825,000

Cook: Several offers rejected before Citiplace III sold for $7,825,000

Several offers were made on the 43,000-square-foot Citiplace III building at 6100 Corporate Blvd. before the owner—6100 Associates LLC, represented by developer Tommy Spinosa—decided to accept an offer of $7,825,000 from Wolf, Et Al, LC,...

DATE: April 15, 2014 | CATEGORY: Daily Report

On the bright side

On the bright side

Judging by the packed house at the 2014 Trends in Real Estate Seminar, business is looking up.

DATE: April 14, 2014 | CATEGORY: Current Issue

American Tire Distributors closes on land, new BR warehouse

Dave Johnson, a controller at Scannell Properties, says the Indianapolis-based build-to-suit developer recently completed a 125,000-square-foot office warehouse for American Tire Distributors on a 12-acre site near Airline Highway and Bayou Manchac,...

DATE: April 14, 2014 | CATEGORY: Daily Report

'Daily Report' Week in Review

'Daily Report' Week in Review

DATE: April 11, 2014 | CATEGORY: News

Realtors eye emerging national retail trends for potential impact on BR

If national trends are any indication, Baton Rouge could eventually see brick-and-mortar Amazon stores or same-day delivery for mall shoppers in the near future, says Jonathan Walker, commercial sales and leasing executive at Maestri-Murrell Real...

DATE: April 11, 2014 | CATEGORY: Daily Report

'Daily Report' Week in Review: Positive TRENDS in real estate, the ROI on LSU football, major commercial building sales and much more

At this week's 26th annual TRENDS in Real Estate Seminar, local market experts touted 2013 as a record-breaking year for the greater Baton Rouge area and forecast steady gains going forward.

DATE: April 11, 2014 | CATEGORY: Daily Report

'Daily Report' Week in Review: Positive TRENDS in real estate, the ROI on LSU football, major commercial building sales and much more

At this week's 26th annual TRENDS in Real Estate Seminar, local market experts touted 2013 as a record-breaking year for the greater Baton Rouge area and forecast steady gains going forward. Fueled by

DATE: April 11, 2014 | CATEGORY: Daily Report

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