Research

Market Report – Lafayette, LA – July 2024

Overall Dollar Volume is down 2.1% The trailing 12 month total dollar volume of sales was $340.8M at the end of Jul 2024 vs. $348.1M at the end of the prior month. Overall Deal Velocity is down 1.24% The trailing 12 month sale count was 318 at the end of Jul 2024 vs. 322 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-Lafayette-LA-July-2024.pdf" attachment_id="12475"...

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Market Report – Baton Rouge, LA – July 2024

Overall Dollar Volume is down 8.21% The trailing 12 month total dollar volume of sales was $461.1M at the end of Jul 2024 vs. $502.3M at the end of the prior month. Overall Deal Velocity is up 3.88% The trailing 12 month sale count was 375 at the end of Jul 2024 vs. 361 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-Baton-Rouge-LA-July-2024.pdf" attachment_id="12474"...

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The Pulse LFT: Law firm purchases office along Camellia for 2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1031 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $2,000,000 ($361.47 / SF) Buyer: W&H UNLIMITED LLC Elifin's Notes: Local injury law firm purchases an office property along Camellia Boulevard in the River Ranch area. 2303 Johnston St, Lafayette, LA 70503 Type: Retail Price: $564,420 ($265.11 / SF) Buyer: MURPHREE, GLENN CHARLES Elifin's Notes: The...

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The Pulse NOLA: International School of Louisiana purchases campus in St Roch

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2518 Arts St, New Orleans, LA 70117 Type: Specialty Price: $5,750,000 ($121.44 / SF) Buyer: INTERNATIONAL SCHOOL OF LOUISIANA Elifin's Notes: Arising out of the bankruptcy proceedings for the Encore Learning Academy, the International School of Louisiana has purchased this school property in St. Roch. Tracts 6-A-4-C, 6-A-4-D, 6-A-4-E Promenade...

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The Pulse BR: Restaurant property sells on S Sherwood Forest Blvd

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3410 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Retail Price: $550,000 ($157.14 / SF) Buyer: SSF Holdings LLC Elifin's Notes: Local real estate agent and investor Donnie Jarreau purchases restaurant property on S Sherwood Forest Blvd. 9783 Hooper Rd, Baton Rouge, LA 70818 Type: Industrial Price: $430,000 ($113.16...

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The Pulse LFT: Rachel’s Cafe owner purchases their Republic Ave location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 105 Chapel Dr, Lafayette, LA 70506 Type: Office Price: $850,000 ($121.26 / SF) Buyer: FORKED ISLAND INVESTMENTS LLC Elifin's Notes: An office property sells near Ambassador Caffery Parkway on Chapel Drive. 104 Republic Ave (Units 3, 4), Lafayette, LA 70508 Type: Retail Price: $250,000 ($92.59 / SF) Buyer: RACHAELS HOLDINGS LLC Elifin's Notes: The owner...

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The Pulse NOLA: Volunteers of America purchase Canal St office

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2475 Canal St, New Orleans, LA 70119 Type: Office Price: $3,600,000 ($77.41 / SF) Buyer: VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA INC Elifin's Notes: The Volunteers of America Southeast Louisiana purchases the Financial Planning Center office property on Canal Street. 1400 St Charles Ave, New Orleans, LA 70130 Type: Retail Price: $1,250,000 ($213.78...

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The Pulse BR: Weiler Plastic Surgery purchases lot along Jefferson Hwy

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3960 Burbank Dr, Baton Rouge, LA 70808 Type: Office Price: $3,800,000 ($140.41 / SF) Buyer: Duplantis Design Group, Professional Corporation Elifin's Notes: Duplantis Design Group purchases the former Walk-On's headquarters just off of the LSU campus. 6385 Industrial Dr, Geismar, LA 70734 Type: Land Price: $1,979,577 ($5.50 / Land SF) Buyer:...

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The Pulse LFT: Land on Johnston Street sold for 1.6 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4603 Johnston St, Lafayette, LA 70503 Type: Land Price: $1,679,810 ($13.53 / Land SF) Buyer: JA FONTENOT HOLDINGS LLC Elifin's Notes: A 2.8+ acre parcel of commercial land sells at the corner of Johnston Street and Lana Drive. 547, 549 Jefferson St, Lafayette, LA 70501 Type: Office Price: $485,000 ($167.24 / SF) Buyer: GEAUX...

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The Pulse NOLA: Napoleon medical office building sells for 8.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2633 Napoleon Ave, New Orleans, LA 70115 Type: Office Price: $8,799,472 ($82.31 / SF) Buyer: VPU NEW ORLEANS LLC Elifin's Notes: The Napoleon Medical Office Building sells across the street from Ochsner on Napoleon Avenue. 6201 Humphreys St, Harahan, LA 70123 Type: Industrial Price: $1,600,000 ($47.88 / SF) Buyer: GALVANIZED RE LLC Elifin's Notes:...

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