Real Estate

Year-in-review: Commercial real estate survives 2020 but future uncertain

While 2020 could have been a year that decimated commercial real estate, the office and retail sectors in Baton Rouge remain relatively healthy as the year comes to a close, though there’s plenty of uncertainty and some concern about what lies ahead.

Year-in-review: Single-family residential real estate exits 2020 on a roll

Amid low interest rates, the Baton Rouge area saw a healthy single-family residential real estate market throughout 2020, with the number of 合约数字货币交易平台_合约交home sales and median sale prices rising year-over-year and inventory shrinking.

Baton Rouge investors buy 20 acres in Central

A group of Baton Rouge-area investors has purchased a 20.8-acre lot near Lovett Road and Central Thruway in Central. 

Local developer buys nearly 200 acres off Burbank Drive

Developer Kevin Nguyen bought nearly 200 acres off Burbank Drive in a deal filed last week with the clerk of court. 

Drakes Landing multifamily development greenlit for construction

Contractors have received the go-ahead to begin construction on Drakes Landing, the nearly 300,000-square-foot multifamily development planned for North Ardenwood Drive. 

Citiscape at Essen Apartments sells to Texas group for nearly $48M

Irving, Texas-based The Medve Group has bought the 299-unit Citiscape at Essen Apartments community on Mancuso Lane, across the street from the Piccadilly on Essen Lane. 

Runnels property changes hands; records show debts totaling nearly $6.5M

Roughly six months after the school closed, the Runnels School campus has changed hands, according to sales documents. 

Lounge with rooftop bar planned downtown at former Hound Dogs site

A local investor has bought the former Hound Dogs bar on the corner of Main and Seventh streets and has plans to lease the building as a lounge with a rooftop bar. 

Land for new multifamily development changes hands for $1.5M

A 26-acre tract on North Ardenwood Drive tapped as the spot for a new multifamily development has been sold to the project’s developers. 

Yoga Rouge, Core Chiropractic open in Southdowns Shopping Center 

The Southdowns Shopping Center has added two new tenants over the past month, while two of its existing tenants have moved into larger spaces within the Perkins Road retail center.