Research

Market Report – Baton Rouge, LA – September 2024

Overall Dollar Volume is down 0.35% The trailing 12 month total dollar volume of sales was $423.9M at the end of Sep 2024 vs. $425.4M at the end of the prior month. Overall Deal Velocity is down 4.4% The trailing 12 month sale count was 348 at the end of Sep 2024 vs. 364 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/10/Market-Report-Baton-Rouge-LA-September-2024.pdf" attachment_id="13003"...

Read More

Market Report – Columbus, OH – September 2024

Overall Dollar Volume is up 1.15% The trailing 12 month total dollar volume of sales was $1.529B at the end of Sep 2024 vs. $1.512B at the end of the prior month. Overall Deal Velocity is up 0.52% The trailing 12 month sale count was 578 at the end of Sep 2024 vs. 575 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/10/Market-Report-Columbus-OH-September-2024.pdf" attachment_id="13005"...

Read More

The Pulse LFT: Local entity purchases 3 fast food restaurant properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1602 N University Ave; 4154 W Congress St, Lafayette, LA 70506 Type: Retail Price: $2,102,965 ($560.64 / SF) Buyer: RAJANE LLC Elifin's Notes: This sale includes two of the three fast food locations purchased by a local entity this past week. 400 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $1,595,587 ($3.86...

Read More

The Pulse CBUS: Lincoln Village apartment complex sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 82, 96, 102, 104 E 16th Ave, Columbus, OH 43201 Type: Specialty Price: $5,100,000 ($214.34 / SF) Buyer: UP COLUMBUS OHIO STATE OWNER LLC Elifin's Notes: A Chicago-based developer purchases the Summit on 16th Church facility along with a neighboring duplex. 80-160 Old Village Rd, Columbus, OH 43228 Type: Multifamily Price: $4,350,000 ($90,625...

Read More

The Pulse NOLA: Monday restaurant property sells in Mid-City

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 821 Washington Ave, New Orleans, LA 70130 Type: Multifamily Price: $6,225,000 ($194,531 / Unit) Buyer: Housing Authority of New Orleans Elifin's Notes: Housing Authority of New Orleans purchases a 32-unit multifamily complex. 318 N Alexander St, 4327 Bienville St, New Orleans, LA 70119 Type: Retail Price: $3,700,000 ($389.27 / SF) Buyer: MONDAYS BIENVILLE...

Read More

The Pulse BR: Local nonprofit Cat Haven purchases office building

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4212 American Way, Baton Rouge, LA 70816 Type: Office Price: $1,550,000 ($152,905.20 / SF) Buyer: Florida - 11512 Lake Sherwood 2 LLC Elifin's Notes: Pittsburgh-based Orbital Engineering purchases office just off of S Sherwood Forest Blvd. 10710 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Retail Price: $1,525,000 ($90.77 /...

Read More

The Pulse LFT: City of Lafayette purchases 18+ acres near Debaillon Park

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3735 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $2,000,000 ($44.53 / SF) Buyer: 3735 90 LLC Elifin's Notes: An industrial property with multiple buildings sells along Highway 90 in Broussard. 100BLK Chappuis Dr, Lafayette, LA 70501 Type: Land Price: $1,050,000 ($3.47 / Land SF) Buyer: ARBOURS AT ACADIANA LLC Elifin's Notes: The Arbours...

Read More

The Pulse CBUS: Former Burger King on Cleveland Ave sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 572 S Nelson Rd, Columbus, OH 43205 Type: Industrial Price: $1,815,703 ($30.44 / SF) Buyer: 572 S NELSON LLC Elifin's Notes: Through two transactions, an investor acquires this set of industrial warehouses in the Bexley area. 3034 Westerville Rd, Columbus, OH 43224 Type: Industrial Price: $1,652,400 ($107.58 / SF) Buyer: 5242 ANGOLA RD LLC Elifin's...

Read More

The Pulse NOLA: Estella’s Home retail property sells for 1.45mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 601 N Frisco Ave, Metairie, LA 70005 Type: Retail Price: $1,450,000 ($290.00 / SF) Buyer: FRISCO ESTELLE LLC Elifin's Notes: Frisco Estelle LLC acquires the Estella's Home property at the intersection of Frisco Avenue and Metairie Road. 122, 126 Harrison Ave, New Orleans, LA 70124 Type: Office Price: $969,000 ($519.85 / SF) Buyer:...

Read More

The Pulse BR: City of Baton Rouge purchases property on Greenwell St

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 324 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,700,000 ($242.86 / SF) Buyer: Shree Raina 324 Lee LLC Elifin's Notes: Local investors purchase retail center on Lee Dr. 320 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,550,000 ($221.43 / SF) Buyer: Shree Geeta 320 LLC Elifin's Notes: Local...

Read More