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
Tony Michelli building

Design: Tony Michelli building

The historic Tony Michelli building on Highland Road has been renovated into first-floor office space for H2Bravo and studio apartments on the second floor.

New shopping center planned for Siegen Lane

A new shopping center is being planned for 6280 Siegen Lane, according to a $150,000 permit filed Tuesday.
residential

Rising interest on the residential market

The Baton Rouge residential sector was historically hot over the summer but will inflation and expected rising interest rates have a chilling effect?

Kenilworth Manor Apartments sells for $3.25M

Austin, Texas-based Stilo Capital Partners bought Kenilworth Manor Apartments on Menlo Drive for $3.25 million in a Friday deal. 

Controversial Zachary subdivision will now go before Planning Commission in January

The Trivento subdivision, a proposed 900-plus-home Zachary development by D.R. Horton, will now go before the Planning Commission in January.

Arlington Marketplace sells for $30M to California investor

A California-based investor bought Arlington Marketplace, the Rouses-anchored shopping center at the corner of Burbank Drive and Lee Drive, for $30.1 million on Dec. 8.
John Engquist Business Awards and Hall of Fame

Engquist buys land for large residential Atwater developing on River Road

Plans for Atwater, Engquist Development’s nearly 800-lot residential development, are moving forward.

Best Buy property in Bluebonnet Parc sells for $9M

Netstreit, a Dallas-based real estate investment trust company, bought Best Buy in the Bluebonnet Parc Shopping Center for $9.1 million on Thursday.

Large commercial tract near Country Club of Louisiana goes on the market 

A 3.25-acre tract on Highland Road near the Country Club of Louisiana is for sale for $2.2 million. The land is some of the last available for development between the country club and Interstate 10. 

Apartment complex planned for West Parker Boulevard near LSU

Dallas-based Stuart I. Roosth Architect on Thursday filed permits for a new apartment complex at 300 West Parker Boulevard, near the intersection of West Parker and Gourrier Avenue, further expanding the number apartments in the LSU area.