Real Estate

Fast Stop gas station on O’Neal purchased by Texas franchise for $4.86M

The owner and operator of a Texas-based franchise of gas stations has purchased his first Baton Rouge location, on the corner of O'Neal Lane...

Arzi’s Greek and Lebanese to open location on Jefferson Highway

A new Arzi's Greek and Lebanese Restaurant is coming to the Bluebonnet Crossing shopping mall, next to the CVS Pharmacy on the corner of...

Capital Region has highest rate of underwater mortgages in the nation

Capital Region homeowners are significantly more likely to be underwater on their mortgages than homeowners nationwide and less likely to have significant equity, according...

Plans submitted for a new subdivision off Coursey Boulevard

Real estate developer Bearing Point Properties has submitted preliminary plans for the construction of Showtown Cottages, a subdivision to be located behind the Walmart...

Former Billy Heroman’s Flowers shop on Lee Drive sells

The Former Billy Heroman's Flowers shop on Lee Drive has sold for $338,000, according to records filed with the East Baton Rouge Parish Clerk...

Former Chase Mid City branch sells for more than $900,000

The former Mid City branch of Chase Bank has sold for $913,000, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Easterly sells Baton Rouge’s VA and HRSA buildings

Real estate investment trust Easterly Government Properties Inc. announced the sale of Baton Rouge's Veterans Affairs and Health Resources and Services Administration buildings as part of a 10-property portfolio deal worth $205.3 million.

Home2 Suites by Hilton on Citiplace Court purchased by Georgia investor

Home2 Suites by Hilton, a 116-room hotel on Citiplace Court, was recently purchased by a Georgia company, according to a recent report from Elifin Realty.

‘Zombie’ foreclosures up, but remain sparse in Capital Region

The number of “zombie” homes—residential properties going through foreclosure that have been abandoned by their owners—has been rising this year, a review of national data shows.

Dental practice building new Garden District clinic on Perkins Road lot

Theriot Family Dental Care is building a 4,700-square-foot clinic on the unused corner lot next to Billy Heroman's Flowers in the Garden District.Z

Stirling announces three new tenants for Hammond Square shopping center

Stirling Properties recently announced that the company has signed a trio of new tenants for its Hammond Square shopping center:

New Ochsner urgent care clinic under construction near LSU campus

A new Ochsner urgent care clinic is under construction at the intersection of Lee and Burbank drives, near the LSU campus,

Mortgage rates surge above 7% 

The rate on the 30-year-mortgage hit 7.16%, the highest since 2001, according to data released this morning from the Mortgage Bankers Association.

Mixed-use commercial property near Siegen Lane sells for $840,000

A mixed-use commercial property on Pennywood Avenue in the industrial park area off Siegen Lane was recently purchased for $840,000, according to records with the East Baton Rouge Parish Clerk of Court's office.

Land on Greenwell Springs Road sells to self-storage developer for $2.32M

Two parcels of land measuring a combined 6.77 acres in the Forest Park area on Greenwell Springs Road have sold for $2.32 million,

Capital Region home seller profits down in third quarter but still up from last...

Profit margins on median-priced single-family home and condo sales in the Baton Rouge metro area were down about 13% in the third quarter compared to the second, new data shows

Aussie clothing store Cotton On will open in Mall of Louisiana

International retail clothing store Cotton On is setting up shop in the Mall of Louisiana, according to a permit filed with Baton Rouge's Permits & Inspections Division. This will be its first location in the state.

GeoSurfaces CEO purchases 63 acres near Baker for $900K

CNAK Consulting LLC recently completed the purchase of 63 acres on U.S. 61 near Baker for $900,000, according to records filed with the East Baton Rouge Parish Clerk of Court's office.

Sales of existing US homes down for eighth month in a row 

Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years...

Baton Rouge’s warehouse market still strong despite slowing national demand

Demand for warehouse space in Baton Rouge remains high, even as The Wall Street Journal reports that the national market is showing signs of slowing.