Research

The Pulse NOLA: CVS property sells for 3.9mm in Metairie

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2105 Cleary Ave, Metairie, LA 70001 Type: Retail Price: $3,925,000 ($286.50 / SF) Buyer: AGREE CENTRAL LLC Elifin's Notes: Agree Central LLC, a Michigan-based company acquires a CVS pharmacy property at the corner of Cleary Avenue and West Napoleon Avenue. 1521 Dickory Ave, Harahan, LA 70123 Type: Industrial Price: $933,120 ($106.34 /...

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The Pulse BR: Waffle House purchases land in Prairieville

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4208 Bluebonnet Blvd (Bldg C), Baton Rouge, LA 70809 Type: Office Price: $1,300,000 ($216.67 / SF) Buyer: B&E Properties LLC Elifin's Notes: An office building sells within the Bluebonnet Palms Office Park. 11954 Coursey Blvd, Baton Rouge, LA 70816 Type: Retail Price: $520,000 ($89.66 / SF) Buyer:...

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Market Report – Ascension Parish, LA – Q3 2025

Overall Dollar Volume is down 6.46% The trailing 12 month total dollar volume of sales was $206.5M at the end of Sep 2025 vs. $220.8M at the end of the prior month. Overall Deal Velocity is down 2.15% The trailing 12 month sale count was 91 at the end of Sep 2025 vs. 93 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/10/Market-Report-Ascension-Parish-LA-Q3-2025.pdf" attachment_id="19020"...

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Market Report – Lafayette, LA – September 2025

Overall Dollar Volume is down 1.77% The trailing 12 month total dollar volume of sales was $357.5M at the end of Sep 2025 vs. $363.9M at the end of the prior month. Overall Deal Velocity is down 1.81% The trailing 12 month sale count was 325 at the end of Sep 2025 vs. 331 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/10/Market-Report-Lafayette-LA-September-2025.pdf" attachment_id="19019"...

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Market Report – Baton Rouge, LA – September 2025

Overall Dollar Volume is up 3.17% The trailing 12 month total dollar volume of sales was $843.6M at the end of Sep 2025 vs. $817.7M at the end of the prior month. Overall Deal Velocity is up 3.69% The trailing 12 month sale count was 422 at the end of Sep 2025 vs. 407 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/10/Market-Report-Baton-Rouge-LA-September-2025.pdf" attachment_id="19018"...

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Market Report – New Orleans, LA – September 2025

Overall Dollar Volume is down 0.38% The trailing 12 month total dollar volume of sales was $815.5M at the end of Sep 2025 vs. $818.6M at the end of the prior month. Overall Deal Velocity is up 1.03% The trailing 12 month sale count was 491 at the end of Sep 2025 vs. 486 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/10/Market-Report-New-Orleans-LA-September-2025.pdf" attachment_id="19017"...

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The Pulse NOLA: Entergy purchases 23 acres in Westwego

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3601 Bender Blvd, New Orleans, LA 70114 Type: Multifamily Price: $3,100,000 ($38,750 / Unit) Buyer: OAK VILLA HOUSING 1 LLC Elifin's Notes: The Oak Villa Apartments, an 80-unit affordable senior living community, sells for 3.1MM. 234 Harbor Cir, New Orleans, LA 70126 Type: Industrial Price: $1,050,000 ($53.85 / SF) Buyer: KB LAND HOLDINGS...

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The Pulse BR: McKernan-led group purchases land

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7501 Burbank Dr, Baton Rouge, LA 70820 Type: Land Price: $950,000 ($7.01 / Land SF) Buyer: Burbank Pickleball Investment Properties LLC Elifin's Notes: Burbank Pickleball Investment Properties LLC, led by Gordon McKernan, purchases two parcels of land totaling over 3 acres on Burbank Drive, adjacent...

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The Pulse LFT: Former Shade Tree Cafe property sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6413 Johnston St, Lafayette, LA 70503 Type: Retail Price: $875,000 ($15.35 / SF) Buyer: TROTTERS OF ALEXANDRIA INC Elifin's Notes: Trotters of Alexandria Inc acquires a two-story retail property with a variety of future uses on Johnston Street. 219 S Eola Rd, Broussard, LA 70518 Type: Retail Price: $530,000 ($201.60 / SF) Buyer: DREAMS...

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The Pulse LFT: Owner of Roul’s Hamburgers purchases land

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1300 Bertrand Dr, Lafayette, LA 70506 Type: Office Price: $700,000 ($32.21 / SF) Buyer: BE TRO LLC Elifin's Notes: Office property with redevelopment potential and sitting on ±3.4 acres, sold along Bertrand Dr. 5709 Johnston St, Lafayette, LA 70503 Type: Retail Price: $582,000 ($149.23 / SF) Buyer: SPARK BRIXTON LLC Elifin's Notes: Spark Brixton LLC,...

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