Research

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]...

29 Nov Market Report – Baton Rouge, LA – October 2023

Posted at 09:06h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

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...

27 Nov The Pulse LFT: 26+ Acres along E Pont Des Mouton sell to local developer

Posted at 09:19h 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 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...

27 Nov The Pulse BR: Bluebonnet garden office sells for 194 PSF

Posted at 09:15h 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 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,...