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Hope Shop owner leases new Mid City space on Government Street
Rebecca Gardner, owner of The Hope Shop, has signed a lease and applied for an occupancy permit for a new storefront space along Government Street, near Elsie’s Plate & Pie.
School board buys land for new south Baton Rouge elementary school
The East Baton Rouge Parish School Board has finally come to terms on the purchase of 25 acres off Perkins Road for $3 million that will serve as the future location of a long-planned elementary school.
Juicy Seafood plans expansion with Siegen Lane location
Indianapolis-based Juicy Seafood is planning to open a second location in Baton Rouge, on Siegen Lane next to TJ Ribs.
Penske Truck Leasing purchases 18 acres off Pecue Lane for rental facility
Penske Truck Leasing Co. LP purchased just under 18 acres off of Pecue Lane for $6 million.
Local builders gaining confidence in market rebound
Local builders are feeling pretty good about the potential for more housing starts in the back half of this year and a potential rebound in early 2024.
Keystone Engineering opening a second office in Baton Rouge
Keystone Engineering Inc. is opening a second location in the Capital City, says David Faucheaux, Baton Rouge general manager.
Long Farm Village developer planning to add another 37 lots
Developer Russell Mosely is planning to add more residential housing at Long Farm Village.
Just how much has the Baton Rouge commercial property market slowed?
The market for commercial real estate in East Baton Rouge appears to be cooling off after two hot years.
Magnolia Law is moving to a new location in south Baton Rouge
Magnolia Law attorney and founder Deanna Johnson says the practice will move to a new location on Bluebonnet Boulevard after securing a larger space to accommodate the firm’s growth.
Metairie-based investor buys Bluebonnet medical office
A Metairie-based investor bought a medical office on Bluebonnet Boulevard last week in a deal that closed as the highest per square foot sale...
Stirling and Level Homes townhome development planned for Geismar
Through a joint venture with Level Homes, Stirling Properties today announced it is developing 48 townhomes on 7.5 acres in Geismar.
Bogie’s owners purchase bar property for $1.05M
The owners of popular LSU-area bar Bogie's purchased the bar’s property on East Boyd Drive for $1.05 million this week.
FMOLHS sells five senior communities
Franciscan Missionaries of Our Lady Health System has sold five of its senior communities to two Memphis-based buyers, with three of the units selling for a combined $10.19 million
Bardwell acquires more lots in The Lakes at Harveston for $1.2M
Bardwell Homes bought 10 lots in The Lakes at Harveston for $1.2 million this week.
Home sellers making less profit across the Capital Region but still faring well
The average profit margin for sellers of single-family houses and condos in the Baton Rouge metro area was down during the first three months of this year, new data shows.
TRENDS: Retail vacancies down, but national chain bankruptcies could change that this year
The Capital Region saw its retail vacancy rates drop from 8.81% to 7.17% last year, following a national trend of lowering rates. Nationwide, retail vacancy rates are the lowest in a decade.
TRENDS: Baton Rouge office space utilization hovering around 60%
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 warehouse units on Industriplex sell for a combined $2.2M
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.
Downtown property behind Squeaky Pete’s and The Trademark sells
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.
Hotel off Siegen changes hands for $3.85M
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.
