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Industrial: The lull continues
A double whammy of an oil price crash and a pandemic thwarts what was supposed to be a rebound year for the industrial sector in Baton Rouge and south Louisiana.
Lemoine Company moves Baton Rouge offices to Water Campus
Baton Rouge’s newest Class A office building, 1200 Brickyard Lane on the Water Campus, has a new tenant—The Lemoine Company, which relocated its Baton...
ALDI sets sights on Baton Rouge for new grocery store
German grocery chain ALDI is considering Baton Rouge for a new grocery store location.
The grocery chain bought approximately 11 acres on the east side...
246-unit townhome development planned for The Grove
A development with 246 townhome lots is being planned within The Grove mixed-use development, near the intersection of The Grove and Mall of Louisiana...
Lewis Maintenance moving into Interline Avenue building
Lewis Maintenance, a Baton Rouge-based commercial maintenance firm, is moving into a building on Interline Avenue, next door to its sister company, Lewis Companies.
Luke...
Airplane hangar fetches $3.1M in second sale in two years
An Orlando-based company purchased a nearly 15,000-square-foot airplane hangar at the Baton Rouge Metropolitan Airport for $3.1 million.
Signature Flight Support, reportedly the world’s largest...
It’s a property tax reassessment year. How will assessor account for COVID-19?
While the East Baton Rouge Parish tax assessor is largely done with 2020 reassessments, he’s continuing to seek guidance on how to adjust these...
Amazon deal at Cortana stalled as buyer backs out of Virginia College purchase
The owner of the former Virginia College building at Cortana Mall, which has been under contract to an undisclosed buyer since last November, put...
Cortana property owners playing hardball with Amazon proxy, potentially threatening major deal
For nearly a year, a property development firm with ties to Amazon has been trying to acquire the properties that comprise the now-shuttered Cortana...
DiGiulio Brothers owners buy former Rama property
The owners of DiGiulio Brothers near the Perkins Road overpass have purchased the neighboring restaurant space recently vacated by Rama Thai Cuisine.
Mars-Cole LLC recently...
Donnie Jarreau restructures, rebrands company, and adds private equity group
Veteran real estate broker and developer Donnie Jarreau is restructuring his commercial real estate company to include new business lines and services, new partners...
Baton Rouge multifamily sales plummet year-to-date
Although commercial real estate sales are down across the board, the multifamily sector this year is posting the sharpest decreases in both number of...
What will commercial leases look like in the post-coronavirus economy?
Though offices and retailers are planning a phased reopening in the days and weeks to come, many are reeling from weeks of lost revenue...
Historic Pearl Brewery property in Mid City to be redeveloped into multifamily units
Investor Anthony Kimble plans to redevelop the former Pearl Brewery property on Julia Street into a multifamily complex with 12 to 14 units.
The project...
Long Farm Village gets Campus Federal Credit Union to anchor office building
A digitally focused Campus Federal Credit Union will occupy a 1,700-square-foot space in the office park that’s under construction in Long Farm Village, the...
ASL-English immersion day care, preschool planned for Baton Rouge
A new day care and preschool specializing in American Sign Language and English immersion is expected to open near Goodwood Boulevard and Airline Avenue.
Blue...
Parkview Baptist buys Laser Tag building on Sherwood Forest
The Parkview Baptist Church Foundation has purchased the Laser Tag of Baton Rouge building on Sherwood Forest Boulevard, near Airline Highway.
The foundation bought the...
Bardwell Homes closes on final lots in Veranda in University Club
Baton Rouge-based homebuilder Bardwell Homes closed on the final 13 lots in Veranda, a section of University Club, yesterday for nearly $1.24 million, Scott...
Crawford House coming down, one year after preservationists thought they’d saved it
Work crews today began demolishing the Crawford House in Webb Park, almost exactly one year after preservationists thought they had saved the iconic example...
Pandemic, historic tax credit problems delay Wampold’s plans for Chase South Tower
Despite what some predict will be a softening demand across multiple real estate sectors due to the coronavirus’s effect on the economy, developer Mike...
