Real Estate

Lee and Associates, one of the largest broker-owned commercial real estate firms in North America, on Wednesday announced it is opening an office in Baton Rouge.   

M&L Industries has purchased a property on North Rieger Road for $5.2 million, which will become the new home for its Baton Rouge franchise, according to the company’s president, Steven Marmande.

Now that the real estate market in the Capital Region, like in most of the country, has slowed, agents may need to get creative in their efforts to connect buyers with sellers. 

The SouthStar Urgent Care clinic on Main Street in Zachary has been sold to a Utah investor for $1.8 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Genesis 360 has purchased an office building on Bluebonnet Boulevard for $1.25 million, which will serve as a second location for the construction, maintenance and IT services company.

New building and energy codes that kick in next year are expected to add an average of $2,000-$2,500 to the cost of building a house in the Capital Region, according to the Home Builders Association of Greater Baton Rouge. 

Triplet's Blue Store is building another stand-alone restaurant on the corner of Burbank Drive and Staring Lane next door to Waffle House, according to a new building permit filed with the East Baton Rouge Permits & Inspections Division.

A vacant tract of land on Siegen Lane has sold for $1.35 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Building No. 5 in The Metro Office Park has sold for $2 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Developer Charles Landry has submitted a rezoning application to increase the amount of commercially zoned space in Rouzan, according to documents filed with the Planning Commission.

Buying a home was less affordable for the average Capital Region consumer during the fourth quarter of 2022 compared to the recent past, which aligns with national trends, new data shows. 

An office suite in the Bluebonnet Palms Office Park close to the intersection of Bluebonnet Boulevard and Jefferson Highway has sold for $1.15 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

The Capital Region housing market’s slowdown continued in November, as closed sales were down about 37% compared to November 2021, the Greater Baton Rouge...

The Capital Region’s housing market is stabilizing after the “crazy frenzy” of multiple offers that often were above asking price, says Kendra Novak, president-elect of the Greater Baton Rouge Association of Realtors. 

A gas station on the corner of Burbank Drive and East Boyd Drive near the LSU campus was recently sold to a Georgia-based investment firm for $1.44 million, according to a report from Elifin Realty.

A vacant office on Westfork Drive has sold for $875,000, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Woman's Hospital has bought out the remaining private ownership interest in two properties on its campus for a combined $2.3 million

The amount of foreclosure filings continues to rise in the Baton Rouge metro area, bucking the national trend.

The former Neighbors Federal Credit Union branch on South Sherwood Forest Boulevard, which has been closed since April 2020, has sold for $2 million,...

The average long-term U.S. mortgage rate fell for the fourth consecutive week and has dropped more than three-quarters of a point since hitting a 20-year high last month.