A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6300 Johnston St, Lafayette, LA 70503 Type: Land Price: $965,000 ($19.60 / Land SF) Buyer: 6321 JOHNSTON LLC Elifin's Notes: A 1.1+ acre parcel of land sells at the corner of Johnston Street and Bellevue Plantation Road. 350 E Farrel Rd, Lafayette, LA 70508 Type: Land Price: $643,000 ($10.25 / Land SF) Buyer: SOUTHERN...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8871 Florida Blvd, Baton Rouge, LA 70815 Type: Retail Price: $2,291,000 ($1,058.20 / SF) Buyer: Loker LLC Elifin's Notes: A California-based company acquires a Starbucks-occupied property right off of Florida Boulevard and Airline Highway. 527 E Airport Ave, Baton Rouge, LA 70806 Type: Office Price: $990,000 ($184.19 / SF) Buyer: TWRU...
Overall Dollar Volume is up 2.21% The trailing 12 month total dollar volume of sales was $144.6M at the end of Jan 2025 vs. $141.5M at the end of the prior month. Overall Deal Velocity is down 5.32% The trailing 12 month sale count was 89 at the end of Jan 2025 vs. 94 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Ascension-Parish-LA-January-2025.pdf" attachment_id="14189"...
Overall Dollar Volume is up 2.25% The trailing 12 month total dollar volume of sales was $403.0M at the end of Jan 2025 vs. $394.2M at the end of the prior month. Overall Deal Velocity is up 1.45% The trailing 12 month sale count was 349 at the end of Jan 2025 vs. 344 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Baton-Rouge-LA-January-2025.pdf" attachment_id="14190"...
Overall Dollar Volume is down 10.07% The trailing 12 month total dollar volume of sales was $267.5M at the end of Jan 2025 vs. $297.5M at the end of the prior month. Overall Deal Velocity is down 1.0% The trailing 12 month sale count was 298 at the end of Jan 2025 vs. 301 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Lafayette-LA-January-2025.pdf" attachment_id="14192"...
Overall Dollar Volume is down 4.85% The trailing 12 month total dollar volume of sales was $787.4M at the end of Jan 2025 vs. $827.5M at the end of the prior month. Overall Deal Velocity is down 3.81% The trailing 12 month sale count was 505 at the end of Jan 2025 vs. 525 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-New-Orleans-LA-January-2025.pdf" attachment_id="14191"...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1770 Tchoupitoulas St, New Orleans, LA 70130 Type: Mixed-Use Price: $8,065,000 ($78.84 / SF) Buyer: 1770 TCHOUPITOULAS, INC. Elifin's Notes: A mixed-use property, comprising three buildings including an apartment complex and a storage facility, sells on Tchoupitoulas Street. 7122, 7130 Crowder Blvd, New Orleans, LA 70127 Type: Multifamily Price: $1,187,500 ($56,548 /...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 106 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,850,000 ($154.17 / SF) Buyer: OIL PATCH REAL ESTATE HOLDINGS LLC Elifin's Notes: Oil Patch Real Estate Holdings acquires a newly constructed industrial property within the Garber Industrial Park in Broussard. 207 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $820,000 ($51.25 /...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 300 Mount Pleasant Rd, Zachary, LA 70791 Type: Land Price: $1,900,000 ($0.19 / Land SF) Buyer: GDE Tiger Drilling LLC Elifin's Notes: An Oakdale-based entity purchases 235+ acres of land in Zachary. 5969 McClelland Dr, Baton Rouge, LA 70805 Type: Industrial Price: $1,100,000 ($32.99 / SF) Buyer: WHL Holdings LLC Elifin's Notes:...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 204 Energy Pkwy, Lafayette, LA 70508 Type: Healthcare Price: $7,900,000 ($148.25 / SF) Buyer: W & F BUILDING MAINTENANCE CO Elifin's Notes: A healthcare property, occupied by Sage Specialty Hospital, sells near Feu Follet Road. 1223 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $1,300,000 ($309.52 / SF) Buyer: CORDOVA POIRIER REAL ESTATE LLC Elifin's...