Research

26 Aug The Pulse NOLA: Hollywood Park Apartments sell for 4.25mm

Posted at 09:17h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4000 Westbank Expy, Marrero, LA 70072 Type: Multifamily Price: $4,250,000 ($60,714 / Unit) Buyer: 4000 HOLLYWOOD APARTMENTS LLC Elifin's Notes: Hamdan Sons Investments, via a separate entity, purchases the Hollywood Park Apartments, 70-units, in Marrero. 3826 Magazine St, New Orleans, LA 70115 Type: Retail Price: $1,150,000 ($420.17 / SF) Buyer: DECADE LLC Elifin's Notes:...

26 Aug The Pulse BR: Assured Flooring purchases new HQ

Posted at 09:16h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11962 Lakeland Park Blvd, Baton Rouge, LA 70809 Type: Industrial Price: $1,635,000 ($87.03 / SF) Buyer: Diniz Design, Inc Elifin's Notes: Diniz Design purchases the company's facility on Lakeland Park Blvd. 10530 Airline Hwy, Baton Rouge, LA 70816 Type: Industrial Price: $1,200,000 ($47.07 / SF) Buyer: JPR MEMBERS, LLC Elifin's Notes: Assured...

19 Aug The Pulse NOLA: Two former Jefferson Parish school sites sell

Posted at 09:26h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10542 Jefferson Hwy, New Orleans, LA 70123 Type: Multifamily Price: $1,640,000 ($82,000 / Unit) Buyer: River Ridge Maisonettes, LLC Elifin's Notes: A 20-unit multifamily property sells in River Ridge. 172 Harbor Circle, New Orleans, LA 70126 Type: Industrial Price: $675,000 ($42.19 / SF) Buyer: FAYT INC Elifin's Notes: An industrial property changes hands near...

19 Aug The Pulse LFT: Local non-profit SMILE purchases office building

Posted at 09:25h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 220 Hector Connoly Rd, Carencro, LA 70520 Type: Industrial Price: $2,926,000 ($47.41 / SF) Buyer: FNLR COMPOUNDS MATTER LLC Elifin's Notes: A national real estate investment trust purchases an industrial property in Carencro. 104 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,375,000 ($114.58 / SF) Buyer: T&D PROPERTY CONSULTING LLC Elifin's Notes: A...

19 Aug The Pulse BR: Downtown restaurant building sold to owners

Posted at 09:25h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 38278 Highway 74, Gonzales, LA 70737 Type: Mixed-Use Price: $1,000,000 ($76.92 / SF) Buyer: Bully's Investments LLC Elifin's Notes: This commercial property includes: a restaurant, two warehouses, two single family residences, and a mobile home. 5157 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $970,000 ($205.51 / SF) Buyer: 9141...

15 Aug Market Report – New Orleans, LA – July 2024

Posted at 14:27h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.59% The trailing 12 month total dollar volume of sales was $756.8M at the end of Jul 2024 vs. $793.2M at the end of the prior month. Overall Deal Velocity is up 1.58% The trailing 12 month sale count was 514 at the end of Jul 2024 vs. 506 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-New-Orleans-LA-July-2024.pdf" attachment_id="12473"...

15 Aug Market Report – Lafayette, LA – July 2024

Posted at 14:26h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

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"...

15 Aug Market Report – Baton Rouge, LA – July 2024

Posted at 14:25h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

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"...

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

Posted at 09:16h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

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...

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

Posted at 09:12h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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...