Research

04 Mar The Pulse BR: Jefferson Lakes apartments sells for 13.75mm

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 12400 Jefferson Hwy, Baton Rouge, LA 70816 Type: Multifamily Price: $13,750,000 ($46,453 / Unit) Buyer: Jefferson Lakes Apt LLC Elifin's Notes: Jefferson Lakes, a 290 unit apartment complex just off the Airline Hwy intersection, sells. 6500 Scenic Hwy, Baton Rouge, LA 70807 Type: Multifamily Price: $7,100,000 ($84,524 / Unit) Buyer: Scenic...

26 Feb The Pulse LFT: 23+ Acres sell to Baton Rouge-based entity

Posted at 09:58h 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 Tract 5-B-2 Fortune Road, Youngsville, LA 70592 Type: Land Price: $1,025,000 ($1.01 / Land SF) Buyer: 9191 VENTURES LLC Elifin's Notes: A Baton Rouge-based entity purchases 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway 801 West University Avenue, Lafayette, LA 70506 Type: Retail Price: $412,000 ($43.35...

26 Feb The Pulse BR: Exxon Mobil purchases land off Scenic Hwy

Posted at 09:02h 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 7358 Theola Hines Lane, Gonzales, LA 70737 Type: Land Price: $687,500 ($0.62 / Land SF) Buyer: RRL Holdings LLC Elifin's Notes: Through three separate transactions, RRL Holdings LLC purchases two vacant land parcels combining to hold 25+ acres located at the intersection of I-10 and Hwy 941 326...

26 Feb The Pulse NOLA: Charter school property sells for 27.5mm

Posted at 08:57h 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 979 Behrman Highway, Terrytown, LA 70056 Type: Specialty Price: $27,500,755 ($305.56 / SF) Buyer: ATHLOS ACADEMY OF JEFFERSON Elifin's Notes: Athlos Academy of Jefferson purchases their charter school property in Terrytown 1212 27th Street, Kenner, LA 70062 Type: Industrial Price: $400,000 ($57.47 / SF) Buyer: PRADAT INVESTMENTS LLC Elifin's Notes: An industrial flex property...

19 Feb The Pulse LFT: Charter school developer purchases 15.9+ acres

Posted at 09:13h 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 Parcel 2B East Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $4,000,000 ($4.82 / Land SF) Buyer: DB CAMELLIA LAND LLC Elifin's Notes: DB Camellia Land LLC, a Baton Rouge-based entity, purchases 19.049 acres of vacant commercial land out of a larger land parcel at the terminus of East Bluebird...

19 Feb The Pulse BR: Rouzan commercial land sells to Kidz Karousel

Posted at 09:08h 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 5350 Perkins Rd, Baton Rouge, LA 70809 Type: Land Price: $1,139,260 ($19.96 / Land SF) Buyer: Kidz Karousel-Rouzan Realty LLC Elifin's Notes: Kidz Karousel, a local early childhood development center, purchases acreage off Perkins Rd in the Rouzan Commercial neighborhood. 15134 Old Hammond Hwy, Baton Rouge, LA 70816 Type:...

19 Feb The Pulse NOLA: Truck terminal sells for 4.9mm

Posted at 09:07h 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 12169 Old Gentilly Rd, New Orleans, LA 70129 Type: Industrial Price: $4,915,000 ($251.28 / SF) Buyer: CROWN ENTERPRISES LLC Elifin's Notes: Through Yellow Trucking's bankruptcy bidding process, this truck terminal was one of eight properties purchased by Crown Enterprises LLC, a Michigan-based commercial real estate development entity 2401 Connecticut Ave,...

15 Feb Market Report – Baton Rouge, LA – January 2024

Posted at 16:30h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 3.89% The trailing 12 month total dollar volume of sales was $589.6M at the end of Jan 2024 vs. $613.4M at the end of the prior month. Overall Deal Velocity is down 3.5% The trailing 12 month sale count was 413 at the end of Jan 2024 vs. 428 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-Baton-Rouge-LA-January-2024.pdf" attachment_id="10841"...

15 Feb Market Report – New Orleans, LA – January 2024

Posted at 16:25h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 3.88% The trailing 12 month total dollar volume of sales was $670.1M at the end of Jan 2024 vs. $645.0M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 404 at the end of Jan 2024 vs. 397 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-New-Orleans-LA-January-2024.pdf" attachment_id="10840"...

12 Feb The Pulse LFT: Champagne Grocery & Deli property near Cajundome sells

Posted at 10:06h 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 115 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $475,000 ($38.31 / SF) Buyer: SHREYANSH LLC Elifin's Notes: An industrial property changes hands along Beau Pre Road near West Pinhook Road 201 Andre St, Carencro, LA 70520 Type: Multifamily Price: $261,000 ($13,737 / Unit) Buyer: HOLY FAMILY PROPERTIES LLC Elifin's Notes: A pair of...