Research

24 Feb Market Report – Lafayette, LA – January 2025

Posted at 13:26h in Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 10.07% The trailing 12 month total dollar volume of sales was $267.5M at the end of Jan 2025 vs. $297.5M at the end of the prior month. Overall Deal Velocity is down 1.0% The trailing 12 month sale count was 298 at the end of Jan 2025 vs. 301 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Lafayette-LA-January-2025.pdf" attachment_id="14192"...

24 Feb Market Report – New Orleans, LA – January 2025

Posted at 13:24h in Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.85% The trailing 12 month total dollar volume of sales was $787.4M at the end of Jan 2025 vs. $827.5M at the end of the prior month. Overall Deal Velocity is down 3.81% The trailing 12 month sale count was 505 at the end of Jan 2025 vs. 525 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-New-Orleans-LA-January-2025.pdf" attachment_id="14191"...

24 Feb The Pulse NOLA: Ruth’s Chris property on Veterans sells

Posted at 09:15h 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 1770 Tchoupitoulas St, New Orleans, LA 70130 Type: Mixed-Use Price: $8,065,000 ($78.84 / SF) Buyer: 1770 TCHOUPITOULAS, INC. Elifin's Notes: A mixed-use property, comprising three buildings including an apartment complex and a storage facility, sells on Tchoupitoulas Street. 7122, 7130 Crowder Blvd, New Orleans, LA 70127 Type: Multifamily Price: $1,187,500 ($56,548 /...

24 Feb The Pulse LFT: Lafayette Parish School Board purchases land

Posted at 09:14h 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 106 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,850,000 ($154.17 / SF) Buyer: OIL PATCH REAL ESTATE HOLDINGS LLC Elifin's Notes: Oil Patch Real Estate Holdings acquires a newly constructed industrial property within the Garber Industrial Park in Broussard. 207 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $820,000 ($51.25 /...

24 Feb The Pulse BR: 235+ Acres sell in Zachary

Posted at 09:14h 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 300 Mount Pleasant Rd, Zachary, LA 70791 Type: Land Price: $1,900,000 ($0.19 / Land SF) Buyer: GDE Tiger Drilling LLC Elifin's Notes: An Oakdale-based entity purchases 235+ acres of land in Zachary. 5969 McClelland Dr, Baton Rouge, LA 70805 Type: Industrial Price: $1,100,000 ($32.99 / SF) Buyer: WHL Holdings LLC Elifin's Notes:...

17 Feb The Pulse LFT: Sage Specialty Hospital property sells for 7.9mm

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 204 Energy Pkwy, Lafayette, LA 70508 Type: Healthcare Price: $7,900,000 ($148.25 / SF) Buyer: W & F BUILDING MAINTENANCE CO Elifin's Notes: A healthcare property, occupied by Sage Specialty Hospital, sells near Feu Follet Road. 1223 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $1,300,000 ($309.52 / SF) Buyer: CORDOVA POIRIER REAL ESTATE LLC Elifin's...

17 Feb The Pulse BR: Metro Office Park condo sold to local real estate agent

Posted at 09:47h 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 10235 Jefferson Hwy (Bldg 4, Ste C), Baton Rouge, LA 70809 Type: Office Price: $510,000 ($248.05 / SF) Buyer: Pino Holding Company LLC Elifin's Notes: An office condominium unit sells within the Metro Office Park on Jefferson Highway. 4469 Bluebonnet Blvd (Unit 5), Baton Rouge, LA 70809 Type: Office Price:...

17 Feb The Pulse NOLA: Historic Madame X Mansion sells

Posted at 09:47h 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 927 Toulouse St, New Orleans, LA 70112 Type: Multifamily Price: $1,450,000 ($207,143 / Unit) Buyer: MADAME X LLC Elifin's Notes: The historic Madame X Mansion, featuring 7 apartments, sells in the French Quarter. 2417 Sharon St, Metairie, LA 70062 Type: Industrial Price: $799,900 ($109.70 / SF) Buyer: PATRIOT RESPONSE GROUP LLC Elifin's Notes: Patriot...

10 Feb The Pulse LFT: Burgersmith-anchored retail center sells for 2.9mm

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 224 St Nazaire Rd, Broussard, LA 70518 Type: Retail Price: $2,900,000 ($263.64 / SF) Buyer: SAINT NAZ LLC Elifin's Notes: A retail strip center, anchored by Burgersmith, sells on Saint Nazaire Road in Broussard. 1606 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,890,000 ($1,011.78 / SF) Buyer: LEE VENABLE HOLDINGS LLC Elifin's Notes:...

10 Feb The Pulse BR: Historic abandoned building sells in Downtown

Posted at 09:43h 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 232 Lafayette St, Baton Rouge, LA 70801 Type: Mixed-Use Price: $850,000 ($59.57 / SF) Buyer: Visit Baton Rouge Elifin's Notes: The Visit Baton Rouge organization acquires a historic mixed-use property on Lafayette Street in Downtown BR. 2.89 Acres LA Hwy 73, Geismar, LA 70734 Type: Land Price: $525,000 ($4.17 /...