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Capital Region home sales plunge in January as inventory grows
The Capital Region housing market is continuing to cool down, as closed sales dropped last month by nearly 40% compared to January 2022, reports the Greater Baton Rouge Association of Realtors.
US store openings outpace closings for first time since 2016
Nationwide, physical store openings exceeded closings on an annual basis last year for the first time since 2016, reports Axios.
Check out the Capital Region’s top commercial real estate deals in 2022
Much like the residential sector, the Baton Rouge area’s commercial real estate market saw a healthy amount of activity in 2022.
Multifamily developments once again...
Bank of St. Francisville buys land on Jefferson for future branch
The Bank of St. Francisville has purchased land for a new branch on Jefferson Highway, according to documents with the East Baton Rouge Parish Clerk of Court’s office.
Check out Baton Rouge’s most expensive home sales of 2022
Real estate agents who deal with the priciest homes in the Baton Rouge area say 2022 was a fantastic year for the high-end market.
Baton Rouge’s 11 most expensive home sales of 2022
It was a strong year for the most expensive home sales list as the seller's market continued, but inventory is growing tight.
5 most expensive homes on the Baton Rouge market
There's a number of repeat performers on this year's most expensive homes on the market list, prompting some to have reduced ask prices.
10 top commercial deals of 2022 in Baton Rouge
As is typically the case, the top 10 commercial deals of the year were filled with apartment complex transactions.
Baton Rouge office occupancy remains down from pre-pandemic
It’s been three years since the pandemic sent the world’s workers home, and while many companies have returned to their corporate spaces, local experts say there is an overabundance of office space available in Baton Rouge.
Windsor Courts Office Plaza sells to construction firm for $1.1M
Windsor Courts Office Plaza has been sold to 1008 Jourdan SPE LLC for $1.12 million, according to documents filed with East Baton Rouge Parish Clerk of Court's office.
Partners Southeast buys Mid City medical building for $2.5M
Partners Southeast has purchased a medical services building on North Boulevard for $2.53 million from Arthur Tolar's company 4550 North Boulevard LLC.
Interior design firm moving into former Lamps & Lighting space
Allyson Hicks Design Consulting is opening next week in the Highland Road location previously occupied by Lamps & Lighting, which closed in the fall.
Highland mixed-use community deferred as developers update plans
Developers of a mixed-use community planned for Highland Road outside of the Magnolia Woods have requested another two months to update their plans before Planning Commission consideration.
Perkins office building, future Wendy’s location sell in separate transactions
Perkins office: An 8,385-square-foot office on Perkins Road has sold for $2.1 million, according to documents filed with the East Baton Rouge Parish Clerk...
Baton Rouge homeowner vacancy rate sees steep drop in fourth quarter of 2022
Homeowner vacancy rates in the Baton Rouge metropolitan statistical area dropped steeply from the third quarter to the fourth in 2022, according to the latest U.S. census data.
EBR assessor wants to explore Ascension’s pending software upgrades
The Ascension Parish Assessor’s Office reportedly is planning a $440,000 software upgrade to streamline the appraisal process.
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.
