Research

The Pulse NOLA: Former Park Place nursing home sells in Gretna

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 535 Commerce St, Gretna, LA 70056 Type: Healthcare Price: $1,875,000 ($41.25 / SF) Buyer: AMS REAL ESTATE LLC Elifin's Notes: The former Park Place nursing home in Gretna sells 3106 Houma Blvd, Metairie, LA 70006 Type: Office Price: $905,000 ($211.10 / SF) Buyer: ROBE PROPERTY HOLDINGS LLC Elifin's Notes: A medical office trades along...

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The Pulse LFT: Please consider voting for ELIFIN

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 102 Camille St, Lafayette, LA 70503 Type: Industrial Price: $650,000 ($131.05 / SF) Buyer: E & B CAMILLE HOLDINGS LLC Elifin's Notes: An industrial flex showroom property sells on Camille Street off of Johnston Street 200 Burgess Dr, Unit A, Broussard, LA 70518 Type: Industrial Price: $430,000 ($44.79 / SF) Buyer: BRASSEAUX ADVENTURES LLC Elifin's...

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Market Report – New Orleans, LA – May 2024

Overall Dollar Volume is up 0.83% The trailing 12 month total dollar volume of sales was $757.2M at the end of May 2024 vs. $751.0M at the end of the prior month. Overall Deal Velocity is down 4.19% The trailing 12 month sale count was 480 at the end of May 2024 vs. 501 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/06/Market-Report-New-Orleans-LA-May-2024.pdf" attachment_id="11834"...

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Market Report – Baton Rouge, LA – May 2024

Overall Dollar Volume is down 7.41% The trailing 12 month total dollar volume of sales was $505.3M at the end of May 2024 vs. $545.8M at the end of the prior month. Overall Deal Velocity is down 3.78% The trailing 12 month sale count was 382 at the end of May 2024 vs. 397 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/06/Market-Report-Baton-Rouge-LA-May-2024.pdf" attachment_id="11836"...

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Market Report – Lafayette, LA – May 2024

Overall Dollar Volume is steady. The trailing 12 month total dollar volume of sales was $368.5M at the end of May 2024. Overall Deal Velocity is down 2.61% The trailing 12 month sale count was 336 at the end of May 2024 vs. 345 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/06/Market-Report-Lafayette-LA-May-2024.pdf" attachment_id="11835" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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The Pulse LFT: Former KFC property sells on Ambassador Caffery

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3328 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $1,150,000 ($547.62 / SF) Buyer: 3328 AMBASSADOR CAFFERY LLC Elifin's Notes: The KFC fast food retail property sells near the intersection of Ambassador Caffery Parkway & Johnston Street 1207 N University Ave, Lafayette, LA 70506 Type: Office Price: $460,000 ($139.39 / SF) Buyer: DUPONT...

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The Pulse NOLA: City of NOLA purchases industrial property for 7mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10500 Hayne Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,325,000 ($70,644 / Unit) Buyer: Haltere Fund VI, LLC Elifin's Notes: The Haltere Group, a California-based investment firm, purchases the Arbors on the Lake apartment complex 3035 Earhart Blvd, New Orleans, LA 70125 Type: Industrial Price: $7,000,000 ($143.78 / SF) Buyer: CITY OF...

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The Pulse BR: Downtown Building in Belle of Baton Rouge complex sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 150 Mayflower St, Baton Rouge, LA 70802 Type: Retail Price: $1,466,000 ($139.62 / SF) Buyer: GLP Capital, LP Elifin's Notes: Gaming & Leisure Properties purchase building in the Belle of Baton Rouge complex downtown. 8220 Goodwood Blvd, Baton Rouge, LA 70806 Type: Office Price: $685,000 ($57.42 / SF) Buyer: Louisiana Organization...

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The Pulse LFT: Pathway Church purchases their Southcity Pkwy location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Southcity Pkwy, Lafayette, LA 70503 Type: Specialty Price: $1,827,829 ($146.46 / SF) Buyer: PATHWAY CHURCH INC Elifin's Notes: Pathway Church Inc. purchases the specialty property which they occupy along Southcity Parkway 100 Cheyenne Dr, Scott, LA 70583 Type: Multifamily Price: $1,089,000 ($60,500 / Unit) Buyer: CASTLE ROW LLC Elifin's Notes: An 18-unit, all 2BR/1BA...

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The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1315 Southlawn Blvd, New Orleans, LA 70114 Type: Multifamily Price: $4,100,000 ($53,947 / Unit) Buyer: PG REALTY PRO LLC Elifin's Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank 5212 South Claiborne Ave, New Orleans, LA 70115 Type: Specialty Price: $1,920,000 ($136.32 / SF) Buyer: CHURCH...

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