Real Estate

The College Drive location of Serop’s Express has closed, and owner Vasken Kaltakdijian is looking to lease the 2,600-square-foot building, according to Mark Hebert of Kurz & Hebert Commercial Real Estate. 

A Baton Rouge-based LLC bought a shopping center at the corner of North Ardenwood Drive and Florida Boulevard for $3.8 million in a deal that closed Monday.

Office occupancy rates, already soft, have held fairly steady throughout the pandemic but some fear that will end when long-term leases come up for renewal.

New federal flood insurance rules and pricing are meant to curtail development in high-risk areas, but so far they’re only generating controversy.

The Metro Council today will be asked to approve Mayor Sharon Weston Broome’s spending plan for some $73 million in federal money that is headed to Baton Rouge.

The city-parish is getting ready to begin construction on a new bridge on Bob Pete Boulevard, which crosses Bayou Fountain between Nicholson Drive and Tigerland.

Andy’s Frozen Custard filed an $850,000 permit on Tuesday for construction of a second Baton Rouge location, this one on Highland Road, near the intersection with Old Perkins Road East.

Patriot Services Group, a nonprofit that creates affordable housing for veterans, recently purchased Kingston Point Apartments on Boulevard De Province for $7.3 million in a deal that closed Friday.

Developer Cornelius Quarels says he hopes to open The Main Lobby, a new lounge in the former Hound Dogs location downtown, before the end of the year.

Build Baton Rouge CEO Chris Tyson says he expects construction to begin during the first quarter of next year on a $10 million mixed-use development on Plank Road in north Baton Rouge.