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Market correction
Main Street Market, the city’s first urban food hall, will undergo a $1 million upgrade early next year but existing tenants worry about the construction impact.
Flannery Road apartment complex sells for $7.3M
A 120-unit apartment complex on South Flannery Road was sold this week to an out-of-state investor for $7.3 million, according to an announcement from...
Nexus Louisiana leadership change puts possible move on hold
The Nexus Louisiana tech firm incubator on Florida Boulevard is still interested in the State National Life Insurance building downtown, though the organization’s leadership...
Spanish Town apartment complex sells for $1.1M to NOLA developer
A Spanish Town apartment complex on the corner of North Fifth Street and University Walk has sold for $1.1 million to the eponymously named...
Electric Depot partner plans mixed-use redevelopment of century-old building
Kimble Properties is planning a mixed-use development in a 99-year-old building on the south side of Government Street east of South 14th Street.
Dantin Bruce planning 324-unit apartment complex on Bluebonnet near Celtic
Dantin Bruce Development is planning a 324-unit apartment complex on Bluebonnet Boulevard near Celtic Drive, documents submitted to the Planning Commission show.
South 15th Street apartment complex sells for $1M
Apartments on South 15th Street between Myrtle Walk Street and Terrace Avenue have sold for $1 million
Wong restaurant family buys self-storage facility for $1.25M
Aubin Lane Self Storage LLC has sold for $1.25 million to Wong Cubes LLC, according to documents filed with the East Baton Rouge Parish...
Benny’s buys land next to Rouses in Zachary for car wash
Benny’s has paid $2 million for about 12 acres next to the Rouses Market on Church Street in Zachary.
LSU-area apartments sell to New York-based investor
Four Gaslite apartment complexes near the LSU campus have sold, according to documents filed with the East Baton Rouge Parish Clerk of Court’s Office.
Magnolia Power purchases Iberville property for power plant
Magnolia Power LLC has purchased property for its planned renewable power plant from private sellers for $2.12 million, according to records filed with the Iberville Parish Clerk of Court’s Office.
Investors not gobbling up housing in Louisiana
A recent analysis cited in Governing found that only 15% of single-family homes in Louisiana were purchased by investors in 2021, the second-lowest percentage...
Aldi grocery store chain purchases Siegen Village property for $1.87M
The Aldi grocery store chain has purchased property in the Siegen Village Shopping Center on North Rieger Road for $1.87 million, according to records...
Developer seeking retail for residentially zoned land alongside Sherwood Forest
A developer hopes to attract retail business to a vacant property just east of South Sherwood Forest Boulevard and north of Florida Boulevard.
EBR commercial sales volume remains well ahead of 2021
The first half of 2022 saw 280 commercial sales transactions in East Baton Rouge Parish totaling $614.1 million in volume, according to the latest tally compiled by Elifin Realty.
Lake Sherwood Avenue office building sells for $1.8M
An office building on Lake Sherwood Avenue North recently changed hands in a deal worth $1.8 million, according to records filed with the East Baton Rouge Parish Clerk of Court’s Office.
Celebrity designer Kenneth Brown plans new headquarters at Rouzan
Interior design celebrity Kenneth Brown plans to build a local headquarters at Rouzan.
Commercial development in Zachary planned on 130 acres
An investment group has purchased 130 acres in Zachary that it believes is ripe for commercial development.
Proposed rezoning necessary for Citiplace hotel denied
The East Baton Rouge Parish Planning and Zoning Commission has denied a request to rezone one of the last undeveloped tracts in Citiplace to...
Capital Region remains a seller’s market as new listings, inventory drop from year ago
Over the past year, Greater Baton Rouge has seen decreases in closed and pending home sales, new listings, and inventory of homes for sale,
