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TRENDS: Baton Rouge office space utilization hovering around 60%
Baton Rouge’s office utilization rate is hovering around 60%, higher than the 50% national average, as the pandemic-inspired hybrid work model continues to drive demand for office space.
Three warehouse units on Industriplex sell for a combined $2.2M
Three side-by-side units in the Metrocenter II warehouse park on Industriplex Boulevard were sold this week for the combined sum of $2.2 million.
Downtown property behind Squeaky Pete’s and The Trademark sells
The Third Street property containing Squeaky Pete's and The Trademark event space has been sold to a group of investors for an undisclosed sum, according to documents with the East Baton Rouge Parish Clerk of Court's office.
Hotel off Siegen changes hands for $3.85M
Siegen Inn on Honore Lane has changed hands for $3.85 million, according to documents with the East Baton Rouge Parish Clerk of Court’s office.
Capital Region sees more foreclosure activity than national average
Foreclosure filings were more common in the Baton Rouge area in March than in the nation as a whole, new data shows.
Local owner sells La-Z-Boy store’s location to the corporate office for $1.7M
La-Z-Boy Inc. has purchased the company's franchise location on South Sherwood Forest Boulevard for $1.7 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.
Home sale prices falling nationally, but what about in the Capital Region?
While home sale prices might be falling nationwide, they continue to climb in the Capital Region.
Elifin expands into Midwest with office in Columbus, Ohio
Baton Rouge-based commercial real estate firm Elifin Realty has expanded to Columbus, Ohio.
BRAF’s real estate investment partner acquires 63 properties along Nicholson
Commercial Properties Realty Trust has acquired 63 properties along Nicholson Drive between LSU and downtown.
Construction of a new podiatry clinic on Bluebonnet set to begin
Work will soon begin on a new two-building office complex on Bluebonnet Boulevard. Podiatrists Kemp Tullier and Clif Richardson will move into one of the buildings.
Trichell Law Firm is moving to a nearby location in Beauregard Town
The Trichell Law Firm is relocating to an office on the corner of Napoleon and France streets in Beauregard Town.
Average long-term mortgage rates drop for the 5th straight week
The average long-term U.S. mortgage rate inched down for the fifth straight week, positive news for potential homebuyers and a real estate market that’s...
Whitlow & Simmons moves into in downtown’s La Capitol FCU building
Law firm Whitlow & Simmons LLC has moved into the third floor of the La Capitol Federal Credit Union building on Main Street.
Offices planned for former State National Life Insurance Building in downtown
The seven-story State National Life Insurance building on Third Street, one of Baton Rouge’s first major office buildings, may be closer to coming back to life.
Developer purchases 60 acres for controversial Woodhill subdivision
Plans are for the subdivision, which will be south of the intersection of South Tiger Bend and Hoo Shoo Too roads, to have 194 single-family residences.
See how far sales of apartment complexes have fallen in Baton Rouge
Sales of multifamily complexes have cooled in Baton Rouge amid a national slowdown fueled by higher interest rates, banking fears and slowing rent growth.
DSLD purchases 64 lots in new Zachary development for nearly $3.3M
Private homebuilder DSLD Homes LLC has purchased 64 lots in the Evergreen Estates subdivision for $3.26 million, according to the East Baton Rouge Parish Clerk of Court's office.
Self-storage properties sold to local buyer; Alaskan trust buys Bluebonnet office
Advanced Mini Storage in north Zachary has sold for $2.8 million, according to the East Baton Rouge Clerk of Court's office.
NOLA developer purchases office building on North Boulevard for $5.5M
New Orleans Key North Boulevard LLC has purchased a vacant office building on North Boulevard for $5.5 million, according to the East Baton Rouge Parish Clerk of Court's office.
Revised Highland Road mixed-use community plan submitted for approval
Plans for a mixed-use development for Highland Road outside of the Magnolia Woods neighborhood have been resubmitted to the Planning Commission for approval.
