multifamily apartments

Multifamily, net lease retail properties likely to stay hot through 2022

Multifamily and net lease retail properties have garnered more interest from investment firms in recent months due to pandemic concerns, and their popularity may stick through 2022.

Greater Baton Rouge home sales increase in December despite fewer listings

Baton Rouge saw an increase in home sales but a decrease in listings in December, continuing the trend of the past few months, according to the latest report from the Greater Baton Rouge Association of Realtors. 

Stirling Properties, Level Homes team up on Prairieville development 

Through a joint venture with Level Homes, Stirling Properties today announced plans to build a townhome development in Prairieville

136 Jefferson Place condo units sell for $16.5M

Servio Capital Investments, a Covington-based real estate investment firm, bought 136 units at the Jefferson Place Apartments & Condominiums for $16.5 million on Monday.

Advantous Consulting moving downtown

Advantous Consulting, which says it is the largest state and local tax consulting firm in Louisiana, is moving to 440 on Third in downtown Baton Rouge. 

CounterSpaceBR opening second location 

Local bakery CounterSpaceBR is opening its second location, this one in the recently completed Coterie Exchange,
Design

Design: Ascension Parish Courthouse

Design: To keep pace with growth in the parish, the Ascension Parish Courthouse was designed for enhanced security and more courtrooms.

Suburban Baton Rouge office-to-apartment conversions not likely

While the trend of converting offices to apartments is spreading outside of downtown business districts in other markets, that isn’t happening in Baton Rouge.

Proposed flood plain subdivision near Central raising concerns from neighbors

Yet again, a proposed subdivision—this one initially scheduled to go before the Planning Commission later this month—has drawn concerns from nearby residents about flooding, school overcrowding and traffic.

$15M housing development coming to Scotlandville area

The Banyan Foundation Inc., an Alabama-based nonprofit, is developing an affordable housing apartment complex on Elm Grove Garden Drive in the Scotlandville area. The organization filed $15 million permits for the complex Tuesday.

Baton Rouge’s only Krispy Kreme location sells

The lone Krispy Kreme location in Baton Rouge, at 5504 Plank Road, was sold to SunTrust NLIP—whose parent company is Atlanta-based corporate and investment banking firm Truist Securities—for $2.9 million in a land deal filed Monday.
office commercial real estate

Where will coworking spaces fit into the future of offices?

Spaces, an international coworking provider, recently opened its first Louisiana location at Perkins Rowe, adding 18,000 square feet to Baton Rouge’s inventory of shared office space.

Stories to remember from 2021: Amazon takes over former Cortana Mall site

Amazon’s plans to redevelop the former Cortana Mall site into a 3.5 million-square-foot fulfillment center was perhaps the year’s biggest economic development news.

Baton Rouge self-storage facilities thrive amid pandemic’s disruption

Self-storage facilities have been one of the biggest winners during the pandemic, and it’s no surprise why. The businesses saw upticks in occupancy due to homebuying, selling, renovations and pandemic organizing.

Louisiana Municipal Association moving into Perkins Road office building

Louisiana Municipal Association moving into Perkins Road office building

Surging demand knocking some $100k earners out of home market

A six-figure salary may not be enough for buyers to purchase a home in some markets, as availability and affordability for buyers who earn $100,000 a year has dropped since 2019.

OLOL buys land for medical facility in Rouzan

Our Lady of the Lake bought 1.85 acres in the Rouzan development for $1.8 million on Friday. The property will be used for an...

NY investors acquire two apartment complexes at The Grove

New York-based Kushner Companies, a real estate investment firm, purchased The Addison and The High Grove Apartments, both on The Grove Boulevard, last week....

New office park planned for Jefferson Highway

A new office park from Baton Rouge-based Tower Capital Corporation is being developed on Jefferson Highway, and on Thursday a $600,000 permit was filed to build a 3,264-square-foot office building at the site.

JCW Creative moving to Mid City from Perkins Road

Baton Rouge advertising and marketing agency JCW Creative today announced plans to move from its Perkins Road office to a historic building in Mid City near Baton Rouge Magnet High School