DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 16.13% The trailing 12 month total dollar volume of sales was $680.8M at the end of Sep 2023 vs. $811.8M at the end of the prior month Overall Deal Velocity is down 3.63% The trailing 12 month sale count was 425 at the end of Sep 2023 vs. 441 at the end of the prior...
// Article originally appeared in New Orleans City Business on October 16, 2023 Interior work has been permitted to begin at 714 Baronne St., the ground-floor, retail component of 710 Baronne St., itself a 69,000-square-foot redevelopment in the Warehouse District. In addition to the 9,000 square feet of commercially used space, 46,000 square feet on the upper levels are being built...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14790 Wax Rd Type: Retail Price: $2,600,000 ($135.42 / SF) Buyer: Wax Pointe LLC Elifin's Notes: Local investor purchases shopping center in Central anchored on both ends by Las Palmas and Johnny's Pizza. 5215 Perkins Rd Type: Retail Price: $1,628,000 ($266.89 / SF) Buyer: Shore Capital Real Estate Partners Holdco LLC Elifin's Notes: Perkins...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2840 Veterans Memorial Blvd Type: Retail Price: $13,078,000 ($328.59 / SF) Buyer: AGREE CENTRAL LLC Elifin's Notes: A Michigan-based entity purchases the former Burlington Coat Factory property in Metairie 251 Barry Ave Type: Multifamily Price: $2,550,000 ($79,688 / Unit) Buyer: BARCELLONA REALTY LLC Elifin's Notes: The Riverside Commons, a 32-unit multifamily apartment complex in...
A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4030 - 4038 Morse Rd Type: Retail Price: $2,900,000 ($201.39 / SF) Buyer: MORSE CODE I LLC Elifin's Notes: Diamond Plaza, a multi-tenant retail center, sells in the Strawberry Farms area 1100 Rarig Ave Type: Industrial Price: $1,800,000 ($85.71 / SF) Buyer: 1100 RARIG AVE LLC Elifin's Notes: An industrial property sitting on two parcels,...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 104 Tas St Type: Industrial Price: $1,000,000 ($114.36 / SF) Buyer: PITRE REAL ESTATE LLC Elifin's Notes: An industrial property sells in Scott 969 Coolidge Blvd Type: Office Price: $675,000 ($110.66 / SF) Buyer: EMB INVESTMENTS LLC Elifin's Notes: A group of lawyers join together to purchase an office building previously occupied by the The...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9261 Baringer Foreman Rd Type: Land Price: $1,270,000 ($2.27 / Land SF) Buyer: Kodiak Business Park LLC Elifin's Notes: Prairieville-based developer purchases nearly 13 acres on Barringer Foreman Rd with plans for a new business park. 8026 Picardy Ave Type: Office Price: $1,200,000 ($255.32 / SF) Buyer: Picardy Tres LLC Elifin's Notes: Cajun Industries...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5801 Highway 90 E Type: Industrial Price: $5,300,000 Buyer: BROUSSARD CITY OF Elifin's Notes: The City of Broussard has acquired the properties previously owned and occupied by Superior Energy Services off of US 90 which include four buildings and a 3.8+ acre parcel of vacant land 201 S Bud St Type: Land Price:...
A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5178 Fisher Rd Type: Industrial Price: $2,285,000 ($94.42 / SF) Buyer: 5178 FISHER RD LLC Elifin's Notes: A large industrial property sells in the Hilliard Green area 7710 Rivers Edge Dr Type: Office Price: $1,400,000 ($173.01 / SF) Buyer: 7710 RIVERS EDGE LLC Elifin's Notes: An office building sells in the Olentangy Valley area 1021 Country...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10090 Almonaster Ave Type: Industrial Price: $6,570,939 ($795.51 / SF) Buyer: 10090 ALMONASTER PARTNERS LLC Elifin's Notes: The Alterra Property Group, out of Philadelphia, purchases an industrial property in the Viavant/Venetian Isles area 622 Julia St Type: Mixed-Use Price: $1,200,000 ($185.96 / SF) Buyer: ALPHADIA624 LLC Elifin's Notes: A mixed-use property sells in the...