Real Estate

A&B Labs moving satellite facility from Prairieville to Baton Rouge 

Houston-based A&B Labs is moving its Capital Region presence from Prairieville to Baton Rouge. 

First-year profitability key for sustaining Baton Rouge-to-DC direct flights

Profitability during the first year of service will likely be the deciding factor in whether American Airlines continues making direct flights between Baton Rouge and Washington, D.C.

United Built Homes sells its Harrells Ferry office location for $1.5M

Shreveport company United Built Homes LLC has sold its 3-acre Baton Rouge location for $1.5 million, according to records with the East Baton Rouge Parish Clerk of Court's office.

Medical supplier sells warehouse near Greenwell Springs for $4M

A 62,000-square-foot warehouse space on Oak Villa Boulevard sold for $3.96 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Last year saw slowest US home sales in nearly a decade 

U.S. home sales fell to their slowest pace in nearly a decade last year as soaring mortgage rates and sky high prices pushed homeownership out of reach for many Americans.

Family behind Ichiban Sushi purchases former Sammy’s location in Central

A familiar name in the Baton Rouge restaurant scene has purchased the former Sammy's Grill location in Central.

Cava to build stand-alone restaurant near LSU 

Cava is ready to begin building its first stand-alone restaurant in the Baton Rouge area, south of the LSU campus

Highland mixed-use community deferred as developers update plans

A new mixed-use development is in the works for Highland Road, outside of the Magnolia Woods neighborhood. 

Apartment complex with 224 units planned for Baton Rouge Health District

Hammond-based Stoa Group is planning a 224-unit apartment complex on Picardy Avenue east of Mancuso Lane.  The high-density multifamily development would have four buildings, including...

Auto services company buys shuttered McDonald’s location for $1.8M

Driven Brands has purchased the shuttered McDonald's restaurant on the corner of Lee Drive and Burbank Drive for $1.8 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Construction on downtown Origin Hotel expected to finish by October

The renovation and rebranding of the former Holiday Inn Express on North Boulevard in Baton Rouge is expected to be completed by the end of the third quarter. 

Car wash company buys former Chase branch site on Florida Boulevard

Georgia company Marc 1 Holdings LLC has purchased the vacant Chase Bank branch on the corner of Florida Boulevard and North Sherwood Forest Drive for $900,000, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

​​Pair of State Street rental properties sell for combined $1.1M

Reydaleo Dellafiora has sold a pair of multifamily rental properties on State Street for $1.07 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Placid Refinery pays $4.8M for BRAF’s former downtown headquarters

Port Allen's Placid Refining Co. has purchased the building that formerly housed the Baton Rouge Area Foundation along with a parking lot straddling the Central Fire Station on Laurel Street for $4.78 million.

EBR commercial real estate volume up in 2022 despite fewer transactions

The East Baton Rouge Parish commercial real estate sales market ended 2022 with 531 recorded sales for the year totaling $1.175 billion in transaction...

SoLou has a new landlord after private investor purchases property

Private investor Nicholis Milano is SoLou’s new landlord, after buying the property for an undisclosed sum, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Plastic surgery center Sono Bello coming to Corporate Boulevard

A new plastic surgery center is coming to Corporate Boulevard, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Commercial Properties buys 22 blighted properties in Nicholson corridor for $3M

Commercial Properties Realty Trust has purchased 22 tracts in the Nicholson Drive corridor for $3.02 million

Housing’s new normal

The residential sector is cooling, but tight inventory should keep the Capital Region market on neutral turf.

Bay Leaf Indian Cuisine founder purchases Sherwood Forest Plaza for $1.8M

Bay Leaf Indian Cuisine founder and general manager Frank Presad has purchased the Sherwood Forest Plaza retail center for $1.8 million, according to records...