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WHO ARE WE

CASTRO REAL ESTATE SERVICES WAS FOUNDED WITH THE GOAL OF HELPING CLIENTS WITH ALL THEIR REAL ESTATE NEEDS, ONE CLIENT AT A TIME. 

How Listing Agreements Are Changing Following the NAR Settlement Agreement

2020

In Business Since

262

Transactions

524

Clients Served

NEWS & RESOURCES

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Commercial
See what’s moving into the old Rite Aid property near Towne Center

By Dillon Lowe

 Last year, Daily Report wrote that the former Rite Aid property on the corner of Corporate Boulevard and Jefferson Highway was being redeveloped. Now, the soon-to-be-redeveloped property has secured its anchor tenant. Hollywood Feed, a national retailer specializing in pet food, treats and supplies, is leasing the building’s largest suite. That’s according to Sam Johnson, a development associate with Retail Specialists, a national real estate firm headquartered in Birmingham, Alabama. RAM Development Partners, a Birmingham developer, is redeveloping the building. RAM purchased the property in October for $3.3 million, and Retail Specialists represented RAM in that transaction.

Greater Baton Rouge Business Report

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Residential
Student housing sales are helping fuel a Baton Rouge multifamily rebound

 By Jordan Arceneaux
 
 The Baton Rouge multifamily market rebounded in 2025 after two slow years, with rising transaction volume driven by major student housing deals and the clearing of distressed assets—momentum that local experts expect to continue in 2026. Mark Segalla of JRE says several large student housing transactions late in the year, along with the sale of troubled properties, pushed multifamily investment volume well above 2023 and 2024 levels. He expects additional distressed assets to trade hands in 2026 and more student housing projects to come to market, keeping sales activity elevated.

Greater Baton Rouge Business Report

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6777 Jefferson Hwy.
Baton Rouge, LA 70806, US

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