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Big data is not necessarily a new concept. However, it has been a big topic of conversation when it comes to commercial real estate lately. “Although Big Data is not new, its exponential growth within CRE is. Today’s challenge involves getting a handle on a workable platform, taking the right steps in assembling a CRE data repository, isolating meaningful data...

There is no denying that the commercial real estate industry has changed drastically over the years. One of the primary advances has been via property technology (or PropTech), which has changed the very way that we interact with physical buildings. This, paired with an increased desire (or in some cases, need) for multifamily properties, has caused significant changes — particularly...

Have you ever walked into outdated office space? Maybe an old travel agency in a small town or an accountant’s office that has not been updated since the 1980s – it’s only after stepping into one of these that you realize how far offices have come. Even in the past decade, we have made leaps and bounds in the office...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10621 N Oak Hills Pkwy (Unit C) $339,000 Buyer: Boss Ladies LLC $111/SF Elifin's Notes: Owners of Grace Notes School of Music purchase office space off of N. Oak Hills Parkway. 20971, 20975 Old Scenic Hwy $150,000 Buyer: Jason Bankston & Christopher Griffin $50/SF Elifin's Notes: Duplex sold off Old Scenic Hwy in Zachary. 12770...

The multifamily sector is one that normally remains strong. As the population in the United States grows and the economy changes, one thing remains constant, people need a place to live. In the past 5 years, there have been varying trends that have impacted the multifamily sector as a whole, mainly due to the generation that make up the majority...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8059 Summa Ave (Unit D) $106,000 Buyer: Sis-Kath LLC $105/SF Elifin's Notes: Office building sold in the Essen Plaza Condominium office park. 447 Oak Plaza Blvd. Brusly, LA $430,000 Buyer: Withheld $215/SF Elifin's Notes: Caffe Maison building, next to Walk-On's, off Highway 1 in Brusly. 8282 Goodwood Blvd $5,000,000 Buyer: 8282 Goodwood LLC $62/SF Elifin's Notes: GEC's office building...

You may have thought about investing in commercial real estate. Many people have found incredible success in the industry and it is a great way to achieve your financial goals for an entrepreneurial-minded individual. As a self-starter, education is important and taking the time to learn about the industry can provide priceless knowledge and tips on becoming successful that you...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Florida St at N Acadian Thwy $405,000 Buyer: Clean Ride LLC $38/SF Elifin's Notes: Vacant retail building across from BR General Mid-City purchased by Todd Graves and Robert Daigrepont, Jr. 1023 Lobdell Blvd $159,000 Buyer: Whitmore Investments LLC $26/SF Elifin's Notes: Office building on Lobdell Blvd sold to Whitmore Investment firm. 13112 Morlaix Ct $400,000 Buyer: NLJG...

Coworking has become a true buzzword over the past few years since the term was coined in 2005 by Brad Neuberg, the originator of the co-working space. Coworking can be defined as any office or work environment that is shared by various employees. Since its inception in 2005, studies show that there are now more than 18,000 coworking spaces worldwide. In...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2875 Iowa St $580,000 Buyer: MAD Investments Inc $39/SF Elifin's Notes: 20 unit apartment complex located in the Nicholson corridor near LSU. 10020 Mammoth Ave $320,000 Buyer: Centerfire Solutions LLC $38/SF Elifin's Notes: NNN leased investment industrial building sold off South Choctaw Dr. 550, 552 Oak Villa Blvd $329,000 Buyer: Edgar D. Serrano $47/SF Elifin's Notes: Multi-tenant property one...