Research

Market Report – Baton Rouge, LA – May 2025

Overall Dollar Volume is up 25.74% The trailing 12 month total dollar volume of sales was $542.7M at the end of May 2025 vs. $431.6M at the end of the prior month. Overall Deal Velocity is up 3.72% The trailing 12 month sale count was 362 at the end of May 2025 vs. 349 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-Baton-Rouge-LA-May-2025.pdf" attachment_id="17556"...

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Market Report – Lafayette, LA – May 2025

Overall Dollar Volume is up 5.96% The trailing 12 month total dollar volume of sales was $328.0M at the end of May 2025 vs. $309.5M at the end of the prior month. Overall Deal Velocity is up 4.32% The trailing 12 month sale count was 314 at the end of May 2025 vs. 301 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-Lafayette-LA-May-2025.pdf" attachment_id="17555"...

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The Pulse LFT: Breaux’s Mart grocery store sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2600 Moss St, Lafayette, LA 70501 Type: Retail Price: $587,260 ($31.23 / SF) Buyer: MELCHAN PROPERTIES LLC Elifin's Notes: Melchan Properties LLC acquires the Breaux's Mart grocery store on Moss Street. 205 Ambassador Caffery Pkwy, Scott, LA 70583 Type: Land Price: $300,000 ($7.83 / Land SF) Buyer: WINDRUSH AMBASSADOR LAFAYETTE LLC Elifin's Notes: Windrush Ambassador...

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The Pulse BR: Atlas Dermatology purchases their new Prairieville office

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2888 Dougherty Dr, Baton Rouge, LA 70805 Type: Multifamily Price: $4,950,000 ($27,049 / Unit) Buyer: Pine Square Villas, LLC Elifin's Notes: The 183-unit Pine Square Apartment complex sells within the Mid City North area. 14151 Hwy 73, Prairieville, LA 70769 Type: Office Price: $2,135,925 ($280.67 / SF)...

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The Pulse NOLA: LSU Board of Supervisors acquires industrial warehouse

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10826 Hayne Blvd, New Orleans, LA 70127 Type: Retail Price: $600,000 ($64.29 / SF) Buyer: GARDE POINT SEAFOOD LLC Elifin's Notes: Garde Point Seafood LLC acquires a retail property at the corner of Hayne Boulevard and Lafourche Street. 2067 Poydras St, New Orleans, LA 70112 Type: Industrial Price: $555,000 ($78.30 / SF) Buyer:...

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The Pulse LFT: Northgate Mall sells to local investor

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1800 NE Evangeline Thwy, Lafayette, LA 70501 Type: Retail Price: $2,800,000 ($11.11 / SF) Buyer: HUB CITY PLAZA LLC Elifin's Notes: Local developer purchases the Northgate Mall. 121 Abigayles Row, Scott, LA 70583 Type: Industrial Price: $440,000 ($110.00 / SF) Buyer: BOULIGNY PROPERTIES & LAND LLC Elifin's Notes: Bouligny Properties & Land LLC acquires an...

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The Pulse NOLA: Hilton property on Saint Charles sells for 47mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 333 St Charles Ave, New Orleans, LA 70130 Type: Hospitality Price: $47,000,000 ($186,508 / Unit) Buyer: HC GRAND LODGE HOTEL OWNER LLC Elifin's Notes: The Hilton Hotel property on Saint Charles Avenue sells. 300 Hord St, 6101 Beven St, New Orleans, LA 70121 Type: Industrial Price: $1,862,500 ($44.79 / SF) Buyer: HORD300 HOLDING...

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The Pulse BR: Chicken Salad Chick property on West Lee Drive sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7701 Plank Rd, Baton Rouge, LA 70811 Type: Specialty Price: $14,921,604 ($181.97 / SF) Buyer: HAA Properties Elifin's Notes: Helix Community Schools purchases the property housing its Aviation Academy off of Plank Road. 18444 Highland Rd, Baton Rouge, LA 70809 Type: Office Price: $3,979,642 ($221.32 / SF) Buyer: 18444 Highland LLC Elifin's...

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The Pulse NOLA: Lafreniere Assisted Living Center sells in Metairie

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2609 Ridgelake Dr, Metairie, LA 70002 Type: Industrial Price: $1,125,000 ($113.64 / SF) Buyer: RIDGELAKE ENTERPRISE LLC Elifin's Notes: An industrial property with warehouse and office space sells on Ridgelake Drive in Metairie. 2532 Poydras St, New Orleans, LA 70119 Type: Industrial Price: $777,000 ($62.38 / SF) Buyer: 2532 POYDRAS PROPERTY LLC Elifin's Notes:...

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The Pulse LFT: Shopping center on Ambassador Caffery sold for 5.8mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2240 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $5,800,000 ($68.67 / SF) Buyer: WAX FAIRVIEW LLC Elifin's Notes: Wax Fairview LLC, a California-based company, acquires a Shoppers Value anchored neighborhood center property at the corner of Ambassador Caffery Parkway and Dulles Drive. 926, 930 Veterans Dr, Carencro, LA 70520 Type:...

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