2025 South Louisiana Office Market: Transaction Summary

A comprehensive review of office building sales across South Louisiana in 2025, powered by ELIFIN’s proprietary transaction database.

ELIFIN is Louisiana’s #1 commercial real estate brokerage by number of sales, with specialized agents operating from offices in Baton Rouge, New Orleans, and Lafayette. Since 2016, our team has built a proprietary database tracking more than 59,000 commercial properties, 41,000+ property owner contacts, and 5.4 million logged CRM activities. That depth of data gives us an unmatched view of market activity — including the office sector, where 2025 brought increased transaction volume and several landmark sales across the region.

2025 Office Market at a Glance

South Louisiana’s office market recorded 241 sales totaling $296.2 million in dollar volume during 2025, marking gains on both fronts compared to the prior year’s 226 transactions and $262.6 million. That represents a 6.6% increase in transaction count and a 12.8% jump in total volume — evidence that investor appetite for office assets in the region strengthened despite national headwinds around remote work and rising interest rates.

The median disclosed sale price landed at $465,750, while the average came in at roughly $1.01 million — a gap that reflects the wide range of product trading in Louisiana’s office market, from small professional suites under 2,000 square feet to institutional-grade buildings exceeding 100,000 square feet. On a per-square-foot basis, buyers paid an average of $149.53 across all disclosed transactions.

Market Activity by Parish

East Baton Rouge Parish dominated the 2025 office market by a wide margin, accounting for 100 of the year’s 241 transactions and $133.4 million in dollar volume — more than double the next-closest parish. Jefferson Parish followed with 58 sales and $62.6 million, while Orleans Parish posted 26 transactions totaling $47.9 million. Lafayette Parish kept pace at 45 sales and $45.0 million, and Ascension Parish contributed 12 transactions worth $7.2 million.

Year-over-year, East Baton Rouge Parish showed the strongest growth, climbing from 80 sales and $82.5 million in 2024 to 100 sales and $133.4 million — a 62% increase in dollar volume. Lafayette Parish held steady at roughly the same pace, while Jefferson Parish remained consistent. Orleans Parish saw a pullback from its 2024 numbers despite recording the single largest transaction of the year.

Quarterly Trends

The 2025 office market accelerated as the year progressed. Transaction volume built steadily from Q1 through Q4, with the back half of the year accounting for roughly 68% of total dollar volume.

Q4 led the year with $110.2 million in dollar volume across 62 transactions, buoyed by several large institutional trades. The average disclosed sale price in Q4 reached $1.31 million — more than double the Q1 average. Meanwhile, Q3 recorded the highest transaction count at 70 sales. The steady quarter-over-quarter growth suggests that buyer confidence in Louisiana’s office market gained momentum throughout the year.

Price Range Distribution

The majority of office transactions in 2025 fell in the small-to-mid-range price tiers, a reflection of Louisiana’s market composition where professional office condos, medical suites, and small general-purpose buildings make up the bulk of trading activity.

The six transactions above $5 million accounted for just 2.8% of total sales by count but contributed $72.8 million — roughly 25% of the year’s dollar volume. At the other end, the 173 sales below $1 million represented 79% of all disclosed transactions, underscoring the depth of small-to-mid-market office activity across the region. The $250,000–$500,000 tier was the most active single bracket with 60 trades.

Pricing by Building Size

Per-square-foot pricing followed a clear inverse relationship with building size in 2025 — smaller buildings commanded significantly higher rates on a per-foot basis, while larger institutional assets traded at lower rates reflecting their different investment dynamics.

The median building that sold in 2025 measured 3,600 square feet, placing the typical transaction squarely in the 2,000–5,000 SF bracket. Buildings under 5,000 square feet accounted for 151 of 241 sales (63%), confirming that small professional offices remain the backbone of Louisiana’s office transaction market. Larger buildings above 50,000 square feet, while fewer in number at 13 sales, included several of the year’s most significant transactions.

Medical Office Activity

Medical office properties accounted for 21 transactions in 2025, roughly 8.7% of total office sales. Healthcare-related buyers were among the most active in the market, with entities like Franciscan Missionaries of Our Lady Health System and Our Lady of Lourdes Regional Medical Center completing acquisitions in both the Baton Rouge and Lafayette markets. Louisiana’s growing healthcare infrastructure continues to drive demand for purpose-built and adaptable medical office buildings.

2025 Office Transaction Map

Highlighted Transactions

Notable Undisclosed Transactions

Several of the largest office buildings to change hands in Baton Rouge during 2025 traded at undisclosed prices, meaning the disclosed highlights above don’t tell the full story. Among the most significant:

8585 Archives Avenue, Baton Rouge — This 153,839-square-foot office building sold in October 2025 when Office Facilities Corporation acquired the property from Stirling Twelve United Plaza LLC. It was one of the largest single office assets to trade in the Baton Rouge market all year.

15151 Florida Boulevard, Baton Rouge — A 140,822-square-foot building that closed in August 2025, with Direct Administration Inc purchasing from LA Local Government Environmental Facilities.

2600 Citiplace Court and 2431 S Acadian Thruway, Baton Rouge — Stirling Citiplace I LLC acquired both of these properties from SHRLA LLC in December 2025, totaling approximately 156,600 square feet of office product between the two buildings. The paired transaction signaled continued institutional confidence in Baton Rouge’s office corridor.

4000 S Sherwood Forest Boulevard, Baton Rouge — This 78,183-square-foot building sold in June 2025 when Forky LLC purchased the property from 4000 Sherwood LLC.

These undisclosed transactions — representing more than 529,000 square feet of office product combined — are fully reflected in the dollar volume totals reported in this article through ELIFIN’s estimated market values, but the individual sale prices remain confidential.

ELIFIN’s Approach to the Office Market

ELIFIN’s proprietary Block system divides South Louisiana’s commercial landscape into defined geographic territories, each assigned to a specialized agent who develops deep expertise in that area’s office inventory, ownership patterns, and pricing dynamics. This hyperlocal model means that when an office building comes to market — or when a buyer is searching for the right fit — our agents already know the comparable sales, the building histories, and the ownership relationships that drive deal outcomes.

Our database of 59,000+ commercial properties and 41,000+ owner contacts allows us to identify off-market opportunities and deliver targeted marketing to qualified buyers. For office building owners considering a sale, ELIFIN’s transaction data — including the 241 office sales tracked in 2025 alone — provides the market intelligence needed to price competitively and close efficiently.

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