Real Estate

real estate

Baton Rouge-based Falaya continues growth trajectory with Georgia expansion

Baton Rouge-based Falaya, an online home-selling platform, has expanded into Georgia.

Property containing indoor gun range at Millerville sells for $4.6M

The property containing Range USA on Greens at Millerville Boulevard has sold for $4.6 million, according to documents with the East Baton Rouge Parish...

Local businessmen buy industrial property on Thomas Road for $1.3M

A pair of local businessmen purchased an industrial property on Thomas Road about halfway between north Baton Rouge and Baker for $1.32 million

New Jersey investor buys The Villas at Riverbend for $23M

An out-of-state investor has purchased The Villas at Riverbend student apartments for $23.75 million, according to records with the East Baton Rouge Parish Clerk of Court's office.

Hope Shop owner leases new Mid City space on Government Street

Rebecca Gardner, owner of The Hope Shop, has signed a lease and applied for an occupancy permit for a new storefront space along Government Street, near Elsie’s Plate & Pie. 

School board buys land for new south Baton Rouge elementary school

The East Baton Rouge Parish School Board has finally come to terms on the purchase of 25 acres off Perkins Road for $3 million that will serve as the future location of a long-planned elementary school.
shrimp

Juicy Seafood plans expansion with Siegen Lane location

Indianapolis-based Juicy Seafood is planning to open a second location in Baton Rouge, on Siegen Lane next to TJ Ribs. 

Penske Truck Leasing purchases 18 acres off Pecue Lane for rental facility

Penske Truck Leasing Co. LP purchased just under 18 acres off of Pecue Lane for $6 million.
home

Local builders gaining confidence in market rebound

Local builders are feeling pretty good about the potential for more housing starts in the back half of this year and a potential rebound in early 2024.

Keystone Engineering opening a second office in Baton Rouge

Keystone Engineering Inc. is opening a second location in the Capital City, says David Faucheaux, Baton Rouge general manager.

Long Farm Village developer planning to add another 37 lots

Developer Russell Mosely is planning to add more residential housing at Long Farm Village.

​​​​​​​​Just how much has the Baton Rouge commercial property market slowed?

The market for commercial real estate in East Baton Rouge appears to be cooling off after two hot years. 

Magnolia Law is moving to a new location in south Baton Rouge

Magnolia Law attorney and founder Deanna Johnson says the practice will move to a new location on Bluebonnet Boulevard after securing a larger space to accommodate the firm’s growth.

Metairie-based investor buys Bluebonnet medical office

A Metairie-based investor bought a medical office on Bluebonnet Boulevard last week in a deal that closed as the highest per square foot sale...

Stirling and Level Homes townhome development planned for Geismar 

Through a joint venture with Level Homes, Stirling Properties today announced it is developing 48 townhomes on 7.5 acres in Geismar. 

Bogie’s owners purchase bar property for $1.05M

The owners of popular LSU-area bar Bogie's purchased the bar’s property on East Boyd Drive for $1.05 million this week.

FMOLHS sells five senior communities

Franciscan Missionaries of Our Lady Health System has sold five of its senior communities to two Memphis-based buyers, with three of the units selling for a combined $10.19 million

Bardwell acquires more lots in The Lakes at Harveston for $1.2M

Bardwell Homes bought 10 lots in The Lakes at Harveston for $1.2 million this week.
real estate

Home sellers making less profit across the Capital Region but still faring well

The average profit margin for sellers of single-family houses and condos in the Baton Rouge metro area was down during the first three months of this year, new data shows. 

TRENDS: Retail vacancies down, but national chain bankruptcies could change that this year

The Capital Region saw its retail vacancy rates drop from 8.81% to 7.17% last year, following a national trend of lowering rates. Nationwide, retail vacancy rates are the lowest in a decade.