Real Estate

Baton Rouge’s office utilization rate is hovering around 60%, higher than the 50% national average, as the pandemic-inspired hybrid work model continues to drive demand for office space. 

Three side-by-side units in the Metrocenter II warehouse park on Industriplex Boulevard were sold this week for the combined sum of $2.2 million.

The Third Street property containing Squeaky Pete's and The Trademark event space has been sold to a group of investors for an undisclosed sum, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Siegen Inn on Honore Lane has changed hands for $3.85 million, according to documents with the East Baton Rouge Parish Clerk of Court’s office.

Foreclosure filings were more common in the Baton Rouge area in March than in the nation as a whole, new data shows. 

La-Z-Boy Inc. has purchased the company's franchise location on South Sherwood Forest Boulevard for $1.7 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

While home sale prices might be falling nationwide, they continue to climb in the Capital Region.

Baton Rouge-based commercial real estate firm Elifin Realty has expanded to Columbus, Ohio. 

Commercial Properties Realty Trust has acquired 63 properties along Nicholson Drive between LSU and downtown.

Work will soon begin on a new two-building office complex on Bluebonnet Boulevard. Podiatrists Kemp Tullier and Clif Richardson will move into one of the buildings.

The Trichell Law Firm is relocating to an office on the corner of Napoleon and France streets in Beauregard Town.

The average long-term U.S. mortgage rate inched down for the fifth straight week, positive news for potential homebuyers and a real estate market that’s...

Law firm Whitlow & Simmons LLC has moved into the third floor of the La Capitol Federal Credit Union building on Main Street.

The seven-story State National Life Insurance building on Third Street, one of Baton Rouge’s first major office buildings, may be closer to coming back to life.

Plans are for the subdivision, which will be south of the intersection of South Tiger Bend and Hoo Shoo Too roads, to have 194 single-family residences.

Sales of multifamily complexes have cooled in Baton Rouge amid a national slowdown fueled by higher interest rates, banking fears and slowing rent growth. 

Private homebuilder DSLD Homes LLC has purchased 64 lots in the Evergreen Estates subdivision for $3.26 million, according to the East Baton Rouge Parish Clerk of Court's office.

Advanced Mini Storage in north Zachary has sold for $2.8 million, according to the East Baton Rouge Clerk of Court's office.

New Orleans Key North Boulevard LLC has purchased a vacant office building on North Boulevard for $5.5 million, according to the East Baton Rouge Parish Clerk of Court's office.

Plans for a mixed-use development for Highland Road outside of the Magnolia Woods neighborhood have been resubmitted to the Planning Commission for approval.