DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.18% The trailing 12 month total dollar volume of sales was $665.9M at the end of Oct 2023 vs. $680.8M at the end of the prior month. Overall Deal Velocity is up 2.59% The trailing 12 month sale count was 436 at the end of Oct 2023 vs. 425 at the end of the prior...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1243 E Pont Des Mouton Rd, Lafayette, LA 70507 Type: Land Price: $874,000 ($1.67 / Land SF) Buyer: CASTILLE REAL ESTATE CO LLC Elifin's Notes: Castille Real Estate Co LLC, as a portion of a larger act of assemblage, has purchased 12+ acres near the intersection of East Pont Des...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5550 Florida Blvd, Baton Rouge, LA 70806 Type: Office Price: $1,800,000 ($53.90 / SF) Buyer: Belfair Baptist Church, Inc Elifin's Notes: Belfair Baptist Church purchases office building on the corner of Florida Blvd and Cloud Dr. 4603 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $600,000 ($194.36 / SF) Buyer: Denis Bay,...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7623 Maple St, New Orleans, LA 70118 Type: Retail Price: $825,000 ($662.65 / SF) Buyer: 7623 MAPLE STREET LLC Elifin's Notes: A restaurant property, occupied by the Maple Street Cafe, sells in the East Carrollton area 2502 8th St, Harvey, LA 70058 Type: Retail Price: $122,000 ($31.28 / SF) Buyer: BOOK MARQUE LLC Elifin's...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 914 W Pont Des Mouton Rd, Lafayette, LA 70507 Type: Industrial Price: $1,500,000 ($93.53 / SF) Buyer: 2KT ELITE PROPERTIES LLC Elifin's Notes: A local company acquires a two-building industrial property located West of I-49 along West Pont Des Mouton Road 2760 E Milton Ave, Youngsville, LA 70592 Type: Land Price: $800,000 ($11.48...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2636 Athania Pkwy, Metairie, LA 70002 Type: Office Price: $288,000 ($112.19 / SF) Buyer: CONCORD HOLDINGS LLC Elifin's Notes: A dentist office changes hands in the Athania area of Metairie 7007 Read Blvd, New Orleans, LA 70127 Type: Retail Price: $140,000 ($53.56 / SF) Buyer: BB & TT L L C Elifin's Notes: A...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7248 Perkins Road, Baton Rouge, LA 70808 Type: Mixed-Use Price: $1,650,000 Buyer: Monkey See Monkey Do LLC Elifin's Notes: Perkins Palms, a mixed-use property featuring multifamily and retail space, sells to local investors and real estate agents, Steve Davis Jr. and Lawrence Maestri. 20191 Plank Rd, Zachary, LA 70791 Type: Retail Price:...
// Article originally appeared in New Orleans City Business on November 13, 2023 Construction on St. Bernard Circle Apartments, across from Circle Food Store in Orleans Parish, is currently underway after breaking ground on October 25. Permits have been issued for the construction of the 53,485-square-foot, four-story, multifamily development, which will also feature two retail spaces and a landscaped community park....
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 101 La Rue France Type: Office Price: $2,200,000 ($48.94 / SF) Buyer: AMG TOWER LLC Elifin's Notes: Acadiana Management Group acquires the AMG office tower in which they are the primary tenant located near the corner of West Pinhook Road and La Rue France alongside the Vermilion River 301 E Bluebird...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2325 N Hullen St Type: Office Price: $1,037,500 ($98.81 / SF) Buyer: POL BUILDING LLC Elifin's Notes: An Arkansas-based entity purchases a multi-tenant commercial property within the Athania Place Annex area of Metairie 1411 Claire Ave Type: Land Price: $775,000 ($10.40 / Land SF) Buyer: AM PLAZA LLC Elifin's Notes: Local entity purchases 1.7+...