Research

19 May The Pulse LFT: Wright Group buys industrial property for 5.5mm

Posted at 10:23h 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 520 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $5,500,000 ($150.09 / SF) Buyer: TWG SERVICING COMPANY INC Elifin's Notes: The Wright Group purchases an industrial-flex property in the Pilette area 101 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $2,800,000 ($233.33 / SF) Buyer: MCSTORAGE MINI LP Elifin's Notes: A newly constructed...

19 May The Pulse BR: Tractor Supply buys land in Prairieville

Posted at 10:19h 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 Tract Y-1-A LA Hwy 42, Prairieville, LA 70769 Type: Land Price: $1,005,000 ($5.27 / Land SF) Buyer: Tractor Supply Company Elifin's Notes: Tractor Supply Company purchases a 4.3+ acre parcel of commercial land adjacent to Oak Grove Market on Louisiana Highway 42. 11920 Perkins Rd (Unit A), Baton...

19 May The Pulse NOLA: Showroom sells for 2.8mm in Kenner

Posted at 10:19h 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 2425 Williams Blvd, Kenner, LA 70062 Type: Retail Price: $2,800,000 ($116.12 / SF) Buyer: MORGAN&MORGAN LLC Elifin's Notes: A large showroom property changes ownership at the corner of Williams Boulevard and 24th Street. 2975 Behrman Hwy, New Orleans, LA 70114 Type: Retail Price: $550,000 ($83.85 / SF) Buyer: IGLESIA PENTECOSTAL REFUGIO DE SALVACION Elifin's...

12 May The Pulse LFT: 25+ Acres sell along East Kaliste Saloom

Posted at 09:35h 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 5000 Moss St, Lafayette, LA 70507 Type: Land Price: $1,077,800 ($0.78 / Land SF) Buyer: SHADOW CREEK DEVELOPMENT LLC Elifin's Notes: A local entity purchases 31+ acres in Carencro. 700 E Kaliste Saloom Rd, Lafayette, LA 70508 Type: Land Price: $900,000 ($0.94 / Land SF) Buyer: RONNIE WHITE CUSTOM HOMES LLC Elifin's Notes: As part...

12 May The Pulse BR: Perkins Rowe sells

Posted at 09:32h 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 7271 Airline Hwy, Baton Rouge, LA 70805 Type: Hospitality Price: $2,500,000 ($25,000 / Unit) Buyer: Village Resorts Baton Rouge LLC Elifin's Notes: The Crown Extended Stay motel property, featuring 100 units, sells on Airline Highway. 10748 Perkins Rd, Baton Rouge, LA 70810 Type: Specialty Price: $1,200,000 ($84.25 / SF) Buyer: Family...

12 May The Pulse NOLA: Industrial property sells for 2.25mm in Metairie

Posted at 09:31h 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 3217 27th St, Metairie, LA 70002 Type: Industrial Price: $2,250,000 ($260.72 / SF) Buyer: ARMADA PROPERTIES LLC Elifin's Notes: An industrial property sitting on 0.8+ acres sells on 27th Street in Metairie. 1645, 1649 Alexander Ct, Terrytown, LA 70056 Type: Multifamily Price: $1,500,000 ($50,000 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Local investor...

09 May Market Report – New Orleans, LA – April 2025

Posted at 07:55h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.01% The trailing 12 month total dollar volume of sales was $753.2M at the end of Apr 2025 vs. $784.6M at the end of the prior month. Overall Deal Velocity is up 1.99% The trailing 12 month sale count was 512 at the end of Apr 2025 vs. 502 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-New-Orleans-LA-April-2025.pdf" attachment_id="15869"...

09 May Market Report – Baton Rouge, LA – April 2025

Posted at 07:55h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 4.17% The trailing 12 month total dollar volume of sales was $432.1M at the end of Apr 2025 vs. $414.8M at the end of the prior month. Overall Deal Velocity is down 2.23% The trailing 12 month sale count was 350 at the end of Apr 2025 vs. 358 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Baton-Rouge-LA-April-2025.pdf" attachment_id="15868"...

09 May Market Report – Lafayette, LA – April 2025

Posted at 07:55h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 1.27% The trailing 12 month total dollar volume of sales was $307.5M at the end of Apr 2025 vs. $311.5M at the end of the prior month. Overall Deal Velocity is up 1.01% The trailing 12 month sale count was 301 at the end of Apr 2025 vs. 298 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Lafayette-LA-April-2025.pdf" attachment_id="15867"...

05 May The Pulse LFT: Youngsville land sells for 2.7mm

Posted at 10:45h 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 116 Alley 3, Lafayette, LA 70506 Type: Industrial Price: $2,700,000 ($64.04 / SF) Buyer: ACADIANA COLD STORAGE LLC Elifin's Notes: Acadiana Cold Storage LLC acquires a cold storage warehouse property on Alley 3. 1300 Blk Detente Rd, Youngsville, LA 70592 Type: Land Price: $2,700,000 ($0.61 / Land SF) Buyer: S & C DEVELOPERS LLC Elifin's...