Research

17 Apr The Pulse BR: 30 Acres along Nicholson Dr sell for 9.5mm

Posted at 08:52h 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 30 Acres Nicholson Dr Type: Land Price: $9,500,000 ($7.27 / Land SF) Buyer: Baton Rouge Acquisitions LLC Elifin's Notes: Commercial Properties Realty Trust purchases approximately 30 acres on Nicholson Dr between downtown and LSU from Goldman Sachs. 12046 Cloverland Ct Type: Industrial Price: $545,000 ($91.77 / SF) Buyer: Mimosa by ME LLC Elifin's Notes:...

11 Apr Market Report – New Orleans, LA – March 2023

Posted at 10:16h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.15% The trailing 12 month total dollar volume of sales was $1.114B at the end of Mar 2023 vs. $1.139B at the end of the prior month. Overall Deal Velocity is down 2.06%. The trailing 12 month sale count was 498 at the end of Mar 2023 vs. 509 at the end of the prior...

10 Apr The Pulse LFT: Medical center adjacent to ULL sold

Posted at 09:38h 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 104 Four Park Rd Type: Retail Price: $600,000 ($115 / SF) Buyer: FOURPARK RENTALS LLC Elifin's Notes: Local buyer acquires a day care center in Carencro 248 N College Rd Type: Office Price: $425,000 ($106 / SF) Buyer: SABBAGHIAN PROPERTIES LLC Elifin's Notes: An entity, led by a local doctor, purchases the Acadiana Spine and...

10 Apr The Pulse NOLA: 268-Unit American Can mixed use development sells

Posted at 09:37h 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 2930 Camp St Type: Mixed-Use Price: $965,000 ($121 / SF) Buyer: ST.JOHN GARDEN DISTRICT HOUSE, LLC Elifin's Notes: California-based investors purchase a Garden District area church with historic ties back to the 1840s; although it is zoned within a primarily residential designation, certain commercial uses are permitted under HU-RD1 5110...

10 Apr The Pulse BR: The Sterling apartments on Highland sell for 15mm

Posted at 09:28h 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 Two Weeks 4500 Burbank Dr Type: Multifamily Price: $21,750,000 ($113,281 / Unit) Buyer: HPI Oliver LLC Elifin's Notes: Hamilton Point Investments, a Connecticut-based real estate investment firm, purchases the Oliver Apartments, a 192 unit student housing apartment complex near LSU. 3135 Highland Rd Type: Multifamily Price: $15,000,000 ($153,061 / Unit) Buyer: Tailwind Baton Rouge...

06 Apr Market Report – Baton Rouge, LA – March 2023

Posted at 13:46h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 3.05% The trailing 12 month total dollar volume of sales was $1.098B at the end of Mar 2023 vs. $1.133B at the end of the prior month. Overall Deal Velocity is down 0.36%. The trailing 12 month sale count was 528 at the end of Mar 2023 vs. 530 at the end of the prior...

03 Apr The Pulse LFT: Commercial real estate sales from last week

Posted at 11:34h 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 1717 Eraste Landry Rd Type: Multifamily Price: $3,800,000 ($34,862 / Unit) Buyer: STANLEY LAFAYETTE OAKS LLC Elifin's Notes: Local investment group purchases the Oak Park Estates mobile home park in the Oak Park Estates area 111 Wallace Broussard Rd Type: Retail Price: $3,000,000 (- / SF) Buyer: CADET 23 LLC Elifin's Notes: Delaware-registered entity acquires...

03 Apr The Pulse BR: Proposed 20-acre mixed use development off Highland Rd

Posted at 10:18h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Upcoming Planning Commission Cases The Village at Magnolia Woods Submitted 3/3/23 by Matt Estopinal. Proposed rezone from Single Family Residential (A1) to Planned Unit Development (PUD) for a proposed mixed use development with low and medium density residential and commercial/office uses on property located on the north side of Highland...

03 Apr The Pulse NOLA: IHOP in Harvey area sells for 1.5mm

Posted at 09:43h 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 735 Elysian Fields Ave Type: Retail Price: $1,660,000 ($370 / SF) Buyer: MDC ASSOCIATES L L C Elifin's Notes: Local investor purchases retail property along Elysian Fields Avenue in the Marigny. 1719 Manhattan Blvd Type: Retail Price: $1,550,000 ($316 / SF) Buyer: MANHATTAN PLACE IHOP LLC Elifin's Notes: Hamdan Sons Investments LLC purchases a...

29 Mar Market Report – Baton Rouge, LA – February 2023

Posted at 08:59h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.67%. The trailing 12 month total dollar volume of sales was $1.133B at the end of Feb 2023 vs. $1.164B at the end of the prior month. Overall Deal Velocity is steady. The trailing 12 month sale count was 530 at the end of Feb 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/03/Market-Report-Baton-Rouge-LA-February-2023-ELIFIN.pdf" attachment_id="7228" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...