Research

18 Dec The Pulse LFT: Lafayette Health Club property on Kaliste Saloom Rd sells

Posted at 09:24h 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 114 Eunice St, Lafayette, LA 70508 Type: Retail Price: $1,400,000 ($109.29 / SF) Buyer: 114 EUNICE LLC Elifin's Notes: New Orleans-based investors purchase another Camp Bow-Wow property to add to their purchase of a New Orleans location last year 2905 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,000,000 ($83.44 / SF) Buyer:...

18 Dec The Pulse BR: Baton Rouge Airport purchases local shopping center and car wash

Posted at 09:18h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-3-B N Airway Dr, Baton Rouge, LA 70815 Type: Land Price: $2,402,382 ($2.89 / Land SF) Buyer: Old Dominion Freight Line, Inc Elifin's Notes: Old Dominion Freight Line, Inc purchases land near the Amazon fulfillment center. 8188 Plank Rd, Baton Rouge, LA 70811 Type: Retail Price: $2,270,000 ($39.33 / SF) Buyer: The...

18 Dec The Pulse NOLA: Vacant shopping center sells for 1.8mm

Posted at 09:10h 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 1075 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $2,000,000 ($104.31 / SF) Buyer: D&J PETERS ROAD PROPERTIES LLC Elifin's Notes: A local entity purchases the former Chevron Harvey Terminal industrial property which includes two buildings on 7+ acres of land 1951 Ames Blvd, Marrero, LA 70072 Type: Retail Price: $1,800,000 ($62.50...

11 Dec The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

Posted at 08:48h 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 1015 W Pinhook Rd, Lafayette, LA 70503 Type: Hospitality Price: $2,275,000 ($45,500 / Unit) Buyer: OM SHANTI OM ELEVEN LLC Elifin's Notes: Local hotel owners purchase the Clarion Pointe Hotel along West Pinhook near the Oil Center 8500BLK Cameron St, Duson, LA 70529 Type: Land Price: $1,018,300 ($0.12 / Land SF) Buyer: MORSAM PROPERTIES...

11 Dec The Pulse NOLA: Local investors purchase retail in the CBD

Posted at 08:45h 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 2502 Magnolia St, New Orleans, LA 70113 Type: Industrial Price: $800,000 ($40.93 / SF) Buyer: 2502 MAGNOLIA ST LLC Elifin's Notes: An industrial warehouse property changes hands in the Central City area 717 Common St, New Orleans, LA 70130 Type: Retail Price: $500,000 ($94.34 / SF) Buyer: 717 COMMON PROPERTIES LLC Elifin's Notes: Local...

11 Dec The Pulse BR: Baton Rouge International School campus sells for 4.2mm

Posted at 08:45h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5015 Autoplex Dr, Baton Rouge, LA 70809 Type: Specialty Price: $4,200,000 ($160.61 / SF) Buyer: Ryan Jumonville Elifin's Notes: Former Baton Rouge International School campus sells to Ryan Jumonville, a Florida-based real estate investor who recently purchased a large 4 building industrial complex on S Choctaw Dr. 6515 Greenwell Springs...

04 Dec The Pulse LFT: Lafayette Parish School Board purchases two properties

Posted at 09:23h 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 301 Rue Beauregard, Lafayette, LA 70508 Type: Office Price: $1,000,000 ($166.67 / SF) Buyer: LAFAYETTE PARISH SCHOOL BOARD THE Elifin's Notes: The Lafayette Parish School Board purchases a multi-suite office property near the intersection of East Kaliste Saloom Road and South College Road 307 Rue Beauregard, Lafayette, LA 70508 Type: Land Price: $585,000...

04 Dec The Pulse NOLA: Lucky Inn Motel along Iberville St sells

Posted at 09:19h 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 2625 Iberville St, New Orleans, LA 70119 Type: Hospitality Price: $2,800,000 ($93,333 / Unit) Buyer: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC Elifin's Notes: The New Orleans Women & Children's Shelter, Inc. purchases the newly renovated Lucky Inn Motel along Iberville Street 6541 I 10 Service Rd, New Orleans, LA...

04 Dec The Pulse BR: Shipley Do-Nuts anchored retail center sells on Essen Lane

Posted at 09:18h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5565 Essen Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,375,000 ($278.34 / SF) Buyer: By & Bette Office LLC Elifin's Notes: Local Baton Rouge investors purchase the Shipley Do-Nuts anchored retail center on Essen Lane. 8280 YMCA Plaza Dr, Building 5, Baton Rouge, LA 70810 Type: Office Price: $820,000 ($210.53 /...

29 Nov Market Report – New Orleans, LA – October 2023

Posted at 09:08h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.46% The trailing 12 month total dollar volume of sales was $641.2M at the end of Oct 2023 vs. $700.4M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 407 at the end of Oct 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/11/Market-Report-New-Orleans-LA-October-2023.pdf" attachment_id="8636" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...