Real Estate

South EBR, Burbank could be new nexus of commercial development

As Baton Rouge continues to spread south, land that might otherwise have been considered too expensive to develop might begin to look more appealing. 

Magnolia Power purchases Iberville property for power plant

Magnolia Power LLC has purchased property for its planned renewable power plant from private sellers for $2.12 million, according to records filed with the Iberville Parish Clerk of Court’s Office.

Skin and wellness clinic opening soon in Perkins Rowe

Perkins Rowe announced today that Infinity Medical Spa, a skin and wellness clinic, will open Aug. 1 in the space next to Studyville.

Investors not gobbling up housing in Louisiana

A recent analysis cited in Governing found that only 15% of single-family homes in...

OLOL reevaluating planned construction projects amid rising costs

Our Lady of the Lake Regional Medical Center officials are “reassessing the timing” of planned construction projects as the expected costs to build them rise. 

Contractors still feeling effects of high prices for materials

Impacts from rising construction material prices still are being felt despite recent signs of stabilization, according to Engineering News-Record.

Aldi grocery store chain purchases Siegen Village property for $1.87M 

The Aldi grocery store chain has purchased property in the Siegen Village Shopping Center...

Louisiana’s mortgage delinquency rate falls, but still among nation’s highest 

A new report from mortgage software, data and analytics company Black Knight Inc. shows...

Developer seeking retail for residentially zoned land alongside Sherwood Forest

A developer hopes to attract retail business to a vacant property just east of South Sherwood Forest Boulevard and north of Florida Boulevard. 

EBR commercial sales volume remains well ahead of 2021

The first half of 2022 saw 280 commercial sales transactions in East Baton Rouge Parish totaling $614.1 million in volume, according to the latest tally compiled by Elifin Realty.