Mark Johns of ELIFIN® represented the seller in the successful sale of the ±6,200 SF industrial property located at 102 Jared Dr in Broussard, LA. Challenge When Mark listed the property, the street had two other available buildings. Within a month, that number had grown to more than five properties available within a 100-yard radius. Suddenly the seller was competing in a...
Mark Johns of ELIFIN® represented both the landlord and the tenant in the successful lease of the ±16,068 SF industrial property located at 338 Thoroughbred Dr in Lafayette, LA. Challenge The landlord had purchased the building vacant with a clear plan: get it leased quickly and at numbers that justified the purchase price. That created a specific kind of pressure. The acquisition...
Jacob Loveland of ELIFIN® represented the seller in the successful sale of the 77.01-acre property located at 9297 Hwy 979 in Livonia, LA. Challenge The property was unlike anything else on the market. Seventy-seven acres with a ±16,911 SF training facility and two additional buildings in a sparsely populated area is not the kind of asset that attracts a wide buyer pool....
Jonathan Duhon of ELIFIN® represented the buyer in the successful acquisition of the 14-unit multifamily property located at 3250 and 3270 Carlotta St in Baton Rouge, LA. Challenge The property had been on the market for over a year and had already cycled through multiple price reductions, dropping from over $2 million down to $1.5 million before the bank took it back....
Adrien Foley and Brady Becker of ELIFIN® represented the seller in the successful sale of the ±3,600 SF retail property located at 3116 Metairie Rd in Metairie, LA. Challenge The property had been the home of the family business for years, and selling it meant closing a chapter that carried real history. But beyond the sentimental weight of the decision, the building...
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...
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...
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...
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...
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