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Downtown multifamily real estate market sees boost in rentals
Between a pandemic and hurricane season, downtown’s residential real estate market is the strongest it’s been in years, according to some local agents and developers, with occupancy rates rising.
Valencia Park apartments gets go-ahead for construction in Spanish Town
The developers of Valencia Park, a new apartment complex planned in Spanish Town, received a permit to start construction on the 122-unit development last week.
Lululemon moving to former Galatoire’s space in Acadian Village
Lululemon is moving into the outparcel in the Acadian Village Shopping Center that formerly housed Provisions on Perkins and, previously, Galatoire’s.
Office market shows signs of activity in Baton Rouge
Through August, there have been 49 office sales in Baton Rouge, three more than last year at this time but still a nearly 27%...
Homebuilder buys 21 lots off Jones Creek Road for $1.2M
Doing business as Highlandia Trace LLC, Sarepta Homes Inc. paid $1.2 million for 21 lots in a new subdivision being developed off Jones Creek...
Great Steak, Planet Smoothie coming to Baton Rouge
A convenience store that will house two quick service restaurants—a Great Steak and a Planet Smoothie—is being developed near the intersection of South Acadian...
LSU moves to sell former Earl K. Long site, clearing way for redevelopment
The LSU Board of Supervisors is expected to approve LSU’s request to sell the former Earl K. Long Medical Center site to clear the way for redeveloping the vacant property.
By Day Architecture/Tiek & Co take over former Huddle House on Government Street
Baton Rouge-based By Day Architecture and interior design firm Tiek & Co. have teamed up to acquire the mid century modern building at 3718...
As Harveston begins second residential phase, Mike Wampold remains bullish on commercial
Work has expedited on the second residential phase of Harveston, Mike Wampold’s planned community at Nicholson Drive and Bluebonnet Boulevard, as his commercial plans pick up speed.
Baton Rouge commercial property owners see smaller assessment hikes than homeowners
East Baton Rouge Parish property owners should have received by now a notice of their new property tax assessments for 2020, but commercial property owners likely saw a smaller increase in their new assessments than did most homeowners.
Class A office off Sherwood Forest sells for $840K
Pacesetter Claims has closed and sold its Baton Rouge office off Sherwood Forest Boulevard to a Baton Rouge-registered LLC, according to property records.
Allegations fly in dispute over proposed Murphy Oil rezoning case
Some residents of the Broadmoor, Cedarcrest-Southmoor, Runnymede and St. Regis Place subdivisions are frustrated over what they call a “misrepresentation” of their views regarding the proposed rezoning of a site at the corner of Old Hammond and Airline highways.
Former Louisiana District Attorneys Association office on Nicholson sells for $835K
The Louisiana District Attorneys Association Inc. sold the 6,500-square-foot building to Ruemidland Holdings LLC, whose officer and agent is listed as Sergio Aviles.
Baton Rouge area July home sales jump nearly 30% year-over-year
Capital Region residential home sales continued to climb in July after historic lows earlier in the spring.
More than 1,400 deals closed last month, a...
Single-family homes for less than $350K are hot sellers in Baton Rouge
With record-low mortgage rates, certain pockets of Baton Rouge’s residential real estate market are experiencing a surge in sales activity.
What’s more, as people plan...
Commercial sales in Baton Rouge increase from June to July
While still significantly down from pre-pandemic levels, commercial sales in Baton Rouge rose 50% from June to July, according to an analysis released today...
Alvarez buys 38 lots in Central’s Settlement at Shoe Creek
Alvarez Construction bought 38 lots in the residential portion of Settlement at Shoe Creek, the traditional neighborhood development in Central.
Alvarez, represented by Carlos M....
Parcel at Lane Regional Medical Center in Zachary sold to build nursing home
A 5-acre parcel at the Lane Regional Medical Center campus has been sold to be the site of a nursing home. As part of the deal, the nursing home company will manage the hospital’s current nursing home facility inside the hospital and construct and operate a new nursing home.
Tennessee-based investment group buys six Baton Rouge Popeyes sites
A Nashville-based investment group has scooped up six Baton Rouge-area Popeyes restaurant properties, but it's unclear whether CapitalSpring purchased the land to lease back to the franchisee or if it also acquired the businesses as well.
River Road developments see rise in homebuilding, recreational construction
Two developments along River Road—Cheval Point and Pointe-Marie—are seeing progress on single-family residential construction and related projects, with developers saying there’s pent-up demand for...
