Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of a six-property industrial portfolio totaling ±38,920 SF across 2857 Bern Dr, 9670, 9674, 9684, and 10023 Mammoth Ave, and 11838 Richcroft Ave in Baton Rouge, LA. Challenge The seller was ready to exit his entire Choctaw industrial portfolio in one move and roll the proceeds into a...
Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±6,645 SF industrial property located at 1655 Cottondale Dr in Baton Rouge, LA. Challenge Good industrial properties in Baton Rouge do not sit long. When the right asset hits the market, the window to act is short, and buyers who move slowly lose deals to buyers who do not....
Adrien Foley and Brady Becker of ELIFIN® represented both the buyer and seller in the successful sale of the ±3,581 SF retail property located at 3521 Veterans Blvd in Metairie, LA. Challenge The seller did not want a long, drawn out process. He had one condition: the deal needed to close within 25 days of going under contract. That left very little...
Alex Ruch of ELIFIN® represented the seller in the successful sale of the ±6,500 SF property located at 1905 Dallas Dr in Baton Rouge, LA. Challenge The property needed significant work, which narrows the buyer pool to those who can see past the current condition to the opportunity underneath. Finding the right buyer was not a matter of broad market exposure. It...
Adrien Foley and Brady Becker of ELIFIN® represented the buyer in the successful acquisition of the ±7,500 SF industrial property located at 333 River Road in Jefferson, LA. Challenge Getting to an agreed price was the defining challenge of this transaction. The buyer had a clear sense of what the asset was worth to him and what it needed to cost to...
Noah Loveland and Benji Azar of ELIFIN® represented the buyer in the successful acquisition of the ±21,780 SF retail strip center located at 18539 Hwy 22 in Ponchatoula, LA. Challenge The buyer had just sold a 44-unit multifamily property and needed to place the proceeds into a replacement asset through a 1031 exchange before a hard deadline. Missing that window would have...
Caden Leblanc of ELIFIN® represented the seller and Mark Johns of ELIFIN® represented the buyer in the successful sale of the ±28,251 SF industrial property located at 3350 Griffin Rd in Youngsville, LA. Challenge Caden sourced the property off market, but finding the deal was only the first step. Getting a buyer to commit proved harder than expected. The seller was ready...
Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of the ±8,660 SF commercial property located at 4726 Government St in Baton Rouge, LA. Challenge An inspection issue surfaced during due diligence that had the potential to end the transaction entirely. The findings carried long-term implications for both the buyer and the seller, and without a clear...
Brady Becker and Adrien Foley of ELIFIN® represented the buyer in the successful acquisition of the multi-tenant retail property located at 521, 525 Harrison Ave in New Orleans, LA. Challenge The buyer was under contract on a three-unit retail building in Lakeview with financing in progress when one of the tenants, who had been occupying on a month-to-month basis, gave notice and...
Frank Lopiccolo of ELIFIN® represented the landlord in the successful lease of 4826 Magazine Street in New Orleans, LA. Challenge The space had been configured for a restaurant, but the landlord had no interest in leasing to another one. The wear and tear that comes with food service tenancy was something she was not willing to repeat, and she had a clear...
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