A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 47.506 Acres S Burnside Ave, Gonzales, LA 70737 Type: Land Price: $2,350,000 ($1.14 / Land SF) Buyer: Priceco West LC Elifin's Notes: Priceco West, L.C. has acquired a 47+ acre parcel of land. 9288 Hwy 75, Geismar, LA 70734 Type: Industrial Price: $1,703,548 ($227.14 / SF) Buyer: Reg Geismar LLC Elifin's Notes:...
Overall Dollar Volume is down 2.44% The trailing 12 month total dollar volume of sales was $344.8M at the end of Oct 2024 vs. $353.5M at the end of the prior month. Overall Deal Velocity is up 3.76% The trailing 12 month sale count was 331 at the end of Oct 2024 vs. 319 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Lafayette-LA-October-2024.pdf" attachment_id="13296"...
Overall Dollar Volume is up 2.53% The trailing 12 month total dollar volume of sales was $804.7M at the end of Oct 2024 vs. $784.9M at the end of the prior month. Overall Deal Velocity is up 2.2% The trailing 12 month sale count was 512 at the end of Oct 2024 vs. 501 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-New-Orleans-LA-October-2024.pdf" attachment_id="13294"...
Overall Dollar Volume is down 3% The trailing 12 month total dollar volume of sales was $412.0M at the end of Oct 2024 vs. $424.8M at the end of the prior month. Overall Deal Velocity is down 4.01% The trailing 12 month sale count was 335 at the end of Oct 2024 vs. 349 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Baton-Rouge-LA-October-2024.pdf" attachment_id="13297"...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 520 Ridge Rd, Lafayette, LA 70506 Type: Retail Price: $1,150,000 ($634.66 / SF) Buyer: ZIP N OPERATING LLC Elifin's Notes: A drive-thru car wash, formerly operated by Zip-N Car Wash, sells at the intersection of Ridge Road and Rue Du Belier. 668 I-10 N Frontage Rd, Scott, LA 70583 Type: Land Price: $750,000...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4408 S I-10 Service Road W, Metairie, LA 70001 Type: Retail Price: $2,650,000 ($854.84 / SF) Buyer: 4408 CLEARVIEW INVESTMENTS LLC Elifin's Notes: Hamdan Sons Investments purchase a Brother's branded gas station near the Clearview Parkway. 900 N Rampart St, New Orleans, LA 70116 Type: Mixed Portfolio Price: $2,116,375 ($215.39 / SF) Buyer:...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5915 Bluebonnet Parc Ave, Baton Rouge, LA 70836 Type: Retail Price: $5,200,000 ($96.30 / SF) Buyer: MA Bluebonnet LLC Elifin's Notes: Mon Ami Real Estate, a Chicago-based real estate investment firm, purchases two strip building in the Bluebonnet Parc Shopping Center, adjacent to the Mall of Louisiana. 4750...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1304 W Pinhook Rd, Lafayette, LA 70503 Type: Retail Price: $1,100,000 ($169.23 / SF) Buyer: C SIDE DESTIN PROPERTIES LLC Elifin's Notes: A pair of Houma-based investors purchase the Historic Cafe Vermilionville property. 2113 Robley Dr, Lafayette, LA 70503 Type: Retail Price: $500,000 ($236.52 / SF) Buyer: ALSOOLANI, DHAIF; SAEED, ALYA Elifin's Notes: The Circle...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Old Scenic Hwy, Baker, LA 70791 Type: Land Price: $4,533,199 ($0.52 / Land SF) Buyer: Templeton EBR LLC Elifin's Notes: 200+ acres sell on Old Scenic Hwy in Baker. 8313 Picardy Ave, Baton Rouge, LA 70809 Type: Healthcare Price: $3,050,000 ($338.89 / SF) Buyer: KG Holdings LC Elifin's Notes: McGee Commercial Real...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4200 Euphrosine St, New Orleans, LA 70125 Type: Industrial Price: $2,850,000 ($68.56 / SF) Buyer: GENTILLY CARNIVAL CLUB INC Elifin's Notes: Gentilly Carnival Club, Inc. has acquired a commercial storage property off of Earhart Boulevard. 1001 S Sibley St, Metairie, LA 70003 Type: Multifamily Price: $1,365,000 ($85,313 / Unit) Buyer: RAMI ENTERPRISE 2020...