Research

01 Jul The Pulse LFT: Beaullieu Square office condo sells

Posted at 09:47h 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 200 Beaullieu Dr (Unit 5), Lafayette, LA 70508 Type: Office Price: $740,000 ($228.82 / SF) Buyer: DVS PROPERTY MANAGEMENT LLC Elifin's Notes: An office condominium unit sells in Beaullieu Square 201, 213 West Pine St, Lafayette, LA 70501 Type: Retail Price: $475,000 ($51.63 / SF) Buyer: CBSAVOY PROPERTIES LLC Elifin's Notes: A commercial property sells...

24 Jun The Pulse BR: Developer purchases 250+ acres just outside Baker

Posted at 10:06h 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 16470 Old Scenic Hwy, Baker, LA 70714 Type: Land Price: $2,310,000 ($0.20 / Land SF) Buyer: Keystone Square LLC Elifin's Notes: Local developer purchases over 250 acres of land zoned commercial and rural just outside of Baker. 4884 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $1,103,540 ($230.24 /...

24 Jun The Pulse LFT: 8.5+ acres sell along Johnston St

Posted at 10:02h 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 6921 Johnston St, Lafayette, LA 70503 Type: Land Price: $950,000 ($2.54 / Land SF) Buyer: HTT ALLIANCE LLC Elifin's Notes: An 8.5+ acre parcel of vacant commercial land sells along Johnston Street near East Broussard Road 856, 858 Ridge Rd, Duson, LA 70529 Type: Industrial Price: $680,000 ($53.13 / SF) Buyer: BELLARD, LEO IVAN...

24 Jun The Pulse NOLA: Metairie office building sells for 2.15mm

Posted at 09:59h 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 3045 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $2,150,000 ($170.82 / SF) Buyer: 3045 RIDGELAKE LLC Elifin's Notes: A three-story office building sells at the intersection of 20th Street and Ridgelake Drive. 5050-5058 Lapalco Blvd, Marrero, LA 70072 Type: Retail Price: $899,000 ($64.21 / SF) Buyer: COVERED PROPERTIES LLC Elifin's Notes: A neighborhood...

17 Jun The Pulse BR: Chipotle property on Siegen sold to Las Vegas investors

Posted at 09:48h 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 Tract 4-C-2-A Siegen Ln, Baton Rouge, LA 70809 Type: Land Price: $1,675,000 ($45.24 / SF) Buyer: CFT NV Developments LLC Elifin's Notes: Land adjacent to Chipotle on Siegen Lane sells to Las Vegas-based investors. 710 N Lobdell Blvd, Baton Rouge, LA 70806 Type: Hospitality Price: $1,200,000 ($24,490 / Unit) Buyer: ASVR...

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

Posted at 09:42h 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 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...

17 Jun The Pulse LFT: Please consider voting for ELIFIN

Posted at 09:40h 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 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...

14 Jun Market Report – New Orleans, LA – May 2024

Posted at 10:18h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

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"...

14 Jun Market Report – Baton Rouge, LA – May 2024

Posted at 10:17h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

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"...

14 Jun Market Report – Lafayette, LA – May 2024

Posted at 10:13h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

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]...