A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2112 O'Neal Lane, Baton Rouge, LA 70816 Type: Retail Price: $925,000 ($632.69 / SF) Buyer: Rubin, Frederic P Elifin's Notes: An individual investor purchases the Take 5 Oil Change property on O'Neal Lane. 106.27 Acres Couret Dr, Baton Rouge, LA 70818 Type: Land Price: $886,581 ($0.19 / Land SF) Buyer: H11...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5057 Kenal Rd, Lafitte, LA 70067 Type: Retail Price: $2,560,000 ($551.49 / SF) Buyer: RAZZ HALILI TRUST Elifin's Notes: A Texas-based restaurateur purchases a fishing charter and lodging property in Lafitte. 501-505 Metairie Rd, Metairie, LA 70005 Type: Mixed-Use Price: $1,400,000 ($238.26 / SF) Buyer: 9300 JEFFERSON HIGHWAY LLC Elifin's Notes: A mixed-use property,...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1332 SW Evangeline Thwy, Lafayette, LA 70501 Type: Retail Price: $750,000 ($378.79 / SF) Buyer: MAGGIE CONCEPT INC Elifin's Notes: Maggie Concept Inc. acquires a convenience store with a gas station at the intersection of Southwest Evangeline Thruway and East Pinhook Road. 415 S Pierce St, Lafayette, LA 70501 Type: Office Price: $450,000...
A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 265 E State St, Columbus, OH 43215 Type: Multifamily Price: $43,550,000 ($190,175 / Unit) Buyer: XANDER ON STATE HOLDING LLC Elifin's Notes: The Xander on State apartment complex, featuring 224 boutique apartments and 5 retail units, changes ownership. 5200 Rings Rd, Columbus, OH 43017 Type: Office Price: $8,000,000 ($162.27 / SF) Buyer: 535 METRO...
Overall Dollar Volume is down 7.52% The trailing 12 month total dollar volume of sales was $318.9M at the end of Nov 2024 vs. $344.8M at the end of the prior month. Overall Deal Velocity is down 7.25% The trailing 12 month sale count was 307 at the end of Nov 2024 vs. 331 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Lafayette-LA-November-2024.pdf" attachment_id="13527"...
Overall Dollar Volume is up 3.39% The trailing 12 month total dollar volume of sales was $832.0M at the end of Nov 2024 vs. $804.7M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 521 at the end of Nov 2024 vs. 512 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-New-Orleans-LA-November-2024.pdf" attachment_id="13534"...
Overall Dollar Volume is up 12.21% The trailing 12 month total dollar volume of sales was $1.844B at the end of Nov 2024 vs. $1.644B at the end of the prior month. Overall Deal Velocity is up 1.66% The trailing 12 month sale count was 614 at the end of Nov 2024 vs. 604 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Columbus-OH-November-2024.pdf" attachment_id="13533"...
Overall Dollar Volume is up 5.74% The trailing 12 month total dollar volume of sales was $435.7M at the end of Nov 2024 vs. $412.0M at the end of the prior month. Overall Deal Velocity is up 3.58% The trailing 12 month sale count was 347 at the end of Nov 2024 vs. 335 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Baton-Rouge-LA-November-2024.pdf" attachment_id="13532"...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Dairy Lane, Broussard, LA 70518 Type: Industrial Price: $1,430,000 ($119.17 / SF) Buyer: BRAEDEN INDUSTRIES LLC Elifin's Notes: Braeden Industries acquires an industrial warehouse property on Dairy Lane. 6921 Ambassador Caffery Pkwy, Broussard, LA 70518 Type: Land Price: $875,000 ($16.74 / Land SF) Buyer: JADS PROPERTY LLC Elifin's Notes: A 1+ acre parcel of...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10 Commerce Ct, New Orleans, LA 70123 Type: Industrial Price: $1,500,000 ($121.38 / SF) Buyer: AB&LD PROPERTIES LLC Elifin's Notes: AB&LD Properties acquires a property in Elmwood featuring 7520 SF of industrial warehouse space and 4838 SF of office space. 5414, 5418 Magazine St, New Orleans, LA 70115 Type: Mixed-Use Price: $1,350,000...