Research

29 Apr The Pulse NOLA: French Quarter property sold for 1.17 million

Posted at 09:38h 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 1224 Decatur Street, New Orleans, LA 70116 Type: Mixed-Use Price: $1,175,000 ($229.99 / SF) Buyer: HANQI INVESTMENTS LLC Elifin's Notes: Gretna-based investors purchase a mixed-use property on Decatur in the French Quarter 5501 Crowder Boulevard, New Orleans, LA 70127 Type: Retail Price: $975,000 ($69.10 / SF) Buyer: MJM CROWDER INVESTMENTS LLC Elifin's Notes: Former...

29 Apr The Pulse BR: Local investor purchases 28 homes

Posted at 09:37h 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 3445 Bluebonnet Boulevard, Baton Rouge, LA 70809 Type: Land Price: $1,800,000 ($11.67 / Land SF) Buyer: Ujjagar Investment LLC Elifin's Notes: Local investor purchases vacant lot off Bluebonnet Blvd near the Celtic Dr intersection. 2718 S Ruby Ave, Gonzales, LA 70737 Type: Industrial Price: $1,360,000 ($116.51 / SF) Buyer: COLEMAN ROOFING...

26 Apr Market Report – New Orleans, LA – March 2024

Posted at 08:53h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 7.48% The trailing 12 month total dollar volume of sales was $733.1M at the end of Mar 2024 vs. $682.1M at the end of the prior month. Overall Deal Velocity is down 1.74% The trailing 12 month sale count was 396 at the end of Mar 2024 vs. 403 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/04/Market-Report-New-Orleans-LA-March-2024.pdf" attachment_id="11346"...

26 Apr Market Report – Baton Rouge, LA – March 2024

Posted at 08:51h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 3.17% The trailing 12 month total dollar volume of sales was $591.5M at the end of Mar 2024 vs. $610.8M at the end of the prior month. Overall Deal Velocity is down 4.1% The trailing 12 month sale count was 398 at the end of Mar 2024 vs. 415 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Baton-Rouge-LA-March-2024.pdf" attachment_id="11416"...

22 Apr The Pulse LFT: First Baptist Church purchases building downtown

Posted at 09:12h 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 810 S Buchanan St, Lafayette, LA 70501 Type: Office Price: $2,697,500 ($174.03 / SF) Buyer: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE Elifin's Notes: The First Baptist Church of Lafayette Louisiana purchases the office building along with the 0.4+ acre parking lot at the corner of South Buchanan and...

22 Apr The Pulse NOLA: Harvey investor purchases two hotels in the Warehouse District

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 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $800,000 ($103.36 / SF) Buyer: ELEMENTAL STYLE&STRUCTURE LLC Elifin's Notes: An industrial flex warehouse space sells in Elmwood 13 24th St, Kenner, LA 70062 Type: Industrial Price: $565,000 ($99.12 / SF) Buyer: 13 W 24TH LLC Elifin's Notes: An industrial property along with adjacent...

22 Apr The Pulse BR: Retail Center sells near Highland at Lee

Posted at 09:09h 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 9250 Wilbur St, Baton Rouge, LA 70807 Type: Industrial Price: $1,218,290 ($62.16 / SF) Buyer: FNLR Non-Friction LLC Elifin's Notes: California-based buyers purchase large industrial facility and vacant lot on the corner of Wilbur St and Rosenwald Rd. 162 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price:...

15 Apr The Pulse LFT: Connoly Park strip center sells for 4.65mm in Carencro

Posted at 09:25h 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 107 Hector Connoly Rd, Carencro, LA 70520 Type: Retail Price: $4,650,000 ($181.64 / SF) Buyer: SAI SRK CREATIONS LLC Elifin's Notes: A multi-tenant retail strip center, Connoly Park, sells in Carencro 130 N Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $1,295,331 ($80.96 / SF) Buyer: FNLR NON FRICTION LLC Elifin's Notes: FNLR Non Friction...

15 Apr The Pulse BR: New York investors purchase 3 apartment complexes

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 5251 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Retail Price: $1,300,000 ($135.42 / SF) Buyer: Fen Xu Elifin's Notes: EE Kitchen & Bath owner purchases the company's building on S Sherwood Forest Blvd. 13386 Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $1,190,000 ($175.00 / SF) Buyer: Clay &...

15 Apr The Pulse NOLA: Norma’s Sweets in Mid City purchases building

Posted at 09:05h 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 850 Kenner Ave, Kenner, LA 70062 Type: Industrial Price: $475,000 ($57.82 / SF) Buyer: WASTE PRO OF LOUISIANA INC Elifin's Notes: An industrial property sells just south of the Airport in Kenner 2915 Bienville St, New Orleans, LA 70119 Type: Industrial Price: $375,000 ($98.92 / SF) Buyer: 2915 BIENVILLE PROPERTIES LLC Elifin's Notes: Norma's...