Research

11 Oct Market Report – New Orleans, LA – September 2024

Posted at 09:18h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 0.64% The trailing 12 month total dollar volume of sales was $782.7M at the end of Sep 2024 vs. $787.7M at the end of the prior month. Overall Deal Velocity is down 4.76% The trailing 12 month sale count was 500 at the end of Sep 2024 vs. 525 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/10/Market-Report-New-Orleans-LA-September-2024.pdf" attachment_id="13004"...

11 Oct Market Report – Baton Rouge, LA – September 2024

Posted at 09:17h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

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"...

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

Posted at 09:33h 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 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...

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

Posted at 09:29h 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 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...

07 Oct The Pulse BR: Local nonprofit Cat Haven purchases office building

Posted at 09:29h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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 /...

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

Posted at 09:59h 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 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...

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

Posted at 09:55h 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 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:...

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

Posted at 09:54h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

23 Sep The Pulse LFT: Land sold for Arbours at Lafayette apartments expansion

Posted at 09:24h 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 7616, 7620 Johnston St, Maurice, LA 70503 Type: Industrial Price: $3,600,000 ($107.46 / SF) Buyer: RIGID REAL ESTATE HOLDINGS LLC Elifin's Notes: Ridge Real Estate Holdings acquires an industrial property with multiple buildings on 8+ acres near Maurice. 3420 NE Evangeline Thwy, Lafayette, LA 70507 Type: Land Price: $2,000,000 ($2.87 / Land SF) Buyer:...

23 Sep The Pulse BR: Chick-fil-A purchases new restaurant location

Posted at 09:16h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract Y-8-A-1-A Woodbine Ct, Prairieville, LA 70769 Type: Land Price: $10,960,850 ($1.35 / Land SF) Buyer: Magnolia Ridge Logistics Investment LLC Elifin's Notes: A 186+ acre tract of land sells in Prairieville. 511 N Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $2,500,000 ($446.43 / SF) Buyer: Chick-fil-A Inc Elifin's Notes: Chick-fil-A...