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Floor & Decor buys Airline Highway property
Floor & Decor, an Atlanta-based flooring and tile retailer, has acquired from Celtic Studios a portion of its property at the intersection of Airline...
Local officials, residents to discuss new Airbnb policy, but will it be enforced?
Local officials and residents are preparing to discuss a new Airbnb policy that aims to prevent landlords from profiting off pandemic evictions.
With the federal...
Multifamily developer buys Burbank property for nearly $7.8M
Indianapolis-based TWG Development, a multifamily developer, bought 13.17 acres at Burbank Drive and Bluebonnet Boulevard for just under $7.8 million in a deal that closed Friday.
Digital convenience store leasing former CORE UFC Gym space on Perkins
Gopuff.com, a digital convenience store, is leasing the former CORE UFC Gym space on Perkins Road, with plans to open in early fall.
Acadian Village shuffle: Nothing Bundt Cakes wants in, Vertage Clothing wants other suite
Nothing Bundt Cakes has applied for several permits to move into the Acadian Village Shopping Center on Perkins Road.
Baton Rouge residential real estate saw surge of activity in 2020
Going into 2020, the single-family residential market was relatively stable. While the pandemic initially froze the market for a few months as people complied...
Metro Council to discuss possibility, logistics of subdivisions requesting building moratoriums
The Metro Council will soon discuss the theoretical possibility of and process for implementing a building moratorium in East Baton Rouge Parish.
New players helping to diversify Baton Rouge’s industrial real estate sector
Despite an oil price crash and a pandemic, Baton Rouge’s industrial real estate landscape emerged from 2020 quite healthy, with a sub-6% vacancy rate,...
Subdivision proposed at Staring Lane and Kings Hill Avenue
A subdivision is being proposed on a 22.5-acre plot of land near Staring Lane and Kings Hill Avenue.
Dillard’s claims LED reneged on financial assistance offer in Amazon deal
Dillard’s is at odds with Louisiana Economic Development over terms of a deal that paved the way for the former Cortana Mall to become the site for a massive Amazon fulfillment center.
Former Wyndham Garden on Bluebonnet rebranding as Studio 6 Extended Stay Hotel
The former Wyndham Garden hotel on Bluebonnet Boulevard is being converted to a Studio 6 Extended Stay Hotel.
Baton Rouge real estate comes to post-pandemic life
While most real estate sectors are rebounding as expected, experts are trying to make sense of the inexplicable surge in residential activity.
Single family: Suddenly a seller’s market
The single family residential sector is seeing a surge in activity—and prices—as pent-up demand and low interest rates meet delays in new construction and tighter supply.
Multifamily: An uncertain future
The pandemic didn’t wreak the predicted havoc on multifamily, but apartment inventory far outstrips demand and there aren’t nearly enough new jobs on the horizon to absorb it.
Commercial: Office workplace disruption
Pandemic restrictions are ending but will enough workers return to stabilize what was already a soft office market?
Retail: Intact but not unscathed
The pandemic didn’t crush the retail market, but it did accelerate worrisome trends that were already underway—especially on the e-commerce front.
Industrial: Land of opportunity
There were challenges but the strength of the industrial real estate sector withstood them all and now faces a promising future.
Assisted living company buys 25 acres in Central for $1.175M
Plantation Management Company, which owns and operates skilled nursing and assisted living facilities around Louisiana, bought 25 acres in Central.
Sales documents show that the...
28-unit West Chimes Street apartment complex sells for $1.8M
A local multifamily investor has bought a 28-unit apartment complex on West Chimes Street, just north of LSU’s campus.
Charter Schools USA eyes former Runnels preschool location for new charter
Charter Schools USA has applied for a permit to renovate the former Runnels preschool building on Jefferson Highway for use as a charter school.
Design...
