Research

29 Jul The Pulse BR: Former rehab facility sells for 15mm

Posted at 09:22h 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 2414 Bunker Hill Dr, Baton Rouge, LA 70808 Type: Office Price: $15,000,000 ($98.68 / SF) Buyer: Avenues Recovery Center Elifin's Notes: Avenue Recovery Center purchases the former Cenikor drug rehab facility. 9118 Bluebonnet Centre Blvd, Baton Rouge, LA 70809 Type: Office Price: $3,576,254 ($141.53 / SF) Buyer: VPU Baton Rouge LLC Elifin's...

22 Jul The Pulse LFT: Local investor purchases acreage on Youngsville Hwy

Posted at 09:46h 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 2405 Youngsville Hwy, Youngsville, LA 70592 Type: Land Price: $1,450,000 ($6.91 / Land SF) Buyer: SF VANGUARD VENTURES LLC Elifin's Notes: Local investor purchases 4.8+ acres of vacant commercial land fronting on the Youngsville Highway. 803 Bertrand Dr, Lafayette, LA 70506 Type: Land Price: $1,000,000 ($13.14 / Land SF) Buyer: MOS V RE LLC Elifin's...

22 Jul The Pulse NOLA: Express Tech Automotive property sells on Westbank Expy

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 6226, 6232 Jefferson Hwy, Harahan, LA 70123 Type: Office Price: $1,040,000 ($335.48 / SF) Buyer: 1640 HICKORY LLC Elifin's Notes: A pair of office buildings sell in Harahan. 74 Westbank Expy, Gretna, LA 70053 Type: Retail Price: $800,000 ($145.45 / SF) Buyer: NOLA ACM LLC Elifin's Notes: An auto repair retail property, currently operated...

22 Jul The Pulse BR: Town Donuts owner purchases retail building

Posted at 09:42h 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 2330 O'Neal Ln, Baton Rouge, LA 70816 Type: Retail Price: $5,251,000 ($1,166.89 / SF) Buyer: Stasia BRLA LLC Elifin's Notes: The Fast Stop gas station on O'neal Lane sells to California-based investors. 8801 Bluebonnet Blvd, Baton Rouge, LA 70810 Type: Office Price: $1,000,000 ($203.54 / SF) Buyer: Brown Rogers Properties, LLC Elifin's...

15 Jul Market Report – New Orleans, LA – June 2024

Posted at 10:02h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 4.71% The trailing 12 month total dollar volume of sales was $793.2M at the end of Jun 2024 vs. $757.5M at the end of the prior month. Overall Deal Velocity is up 4.98% The trailing 12 month sale count was 506 at the end of Jun 2024 vs. 482 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-New-Orleans-LA-June-2024.pdf" attachment_id="12203"...

15 Jul Market Report – Lafayette, LA – June 2024

Posted at 10:01h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 5.52% The trailing 12 month total dollar volume of sales was $348.1M at the end of Jun 2024 vs. $368.5M at the end of the prior month. Overall Deal Velocity is down 4.17% The trailing 12 month sale count was 322 at the end of Jun 2024 vs. 336 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-Lafayette-LA-June-2024.pdf" attachment_id="12202"...

15 Jul Market Report – Baton Rouge, LA – June 2024

Posted at 10:00h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 0.59% The trailing 12 month total dollar volume of sales was $502.3M at the end of Jun 2024 vs. $505.3M at the end of the prior month. Overall Deal Velocity is down 5.5% The trailing 12 month sale count was 361 at the end of Jun 2024 vs. 382 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-Baton-Rouge-LA-June-2024.pdf" attachment_id="12200"...

15 Jul The Pulse LFT: Summer Place apartments sell to Houston-based investor

Posted at 09:48h 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 BLK Ridge Rd, Lafayette, LA 70506 Type: Land Price: $1,450,000 ($2.92 / Land SF) Buyer: ATRIUM ACQUISITIONS LLC Elifin's Notes: A 11.4 acre commercial vacant land at the intersection of Ridge Road and Ambassador Caffery Parkway sells to Atrium Acquisitions LLC. 1921 Chemin Metairie Pkwy, Youngsville, LA 70592 Type: Land Price: $952,515...

15 Jul The Pulse NOLA: Former Save A Lot on South Carrollton sells

Posted at 09:44h 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 3021, 3033, 3037 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $2,575,000 ($164.10 / SF) Buyer: EARHART SQUARE GROUP LLC Elifin's Notes: A property with a grocery store (former Save A Lot) and another retail building sells at South Carrollton Avenue & Earheart Boulevard 905 Royal St, New...

15 Jul The Pulse BR: DaVita dialysis clinic sells for 2.7 million

Posted at 09:44h 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 7797 Howell Blvd, Baton Rouge, LA 70807 Type: Office Price: $2,730,820 ($350.11 / SF) Buyer: Agree Limited Partnership Elifin's Notes: Agree Realty, a Michigan-based real estate investment company, purchases a DaVita dialysis clinic on Howell Blvd. Lots 8, 9 Terminal Ct, Geismar, LA 70734 Type: Land Price: $1,872,157 ($7.47 /...