Results

Speed Wins a Baton Rouge Industrial Deal Below Asking

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....

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Metairie Retail Property Sold in 25 Days

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...

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How to Sell an Industrial Property That Needs Renovation for a Profit

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...

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Negotiating the Right Price on a Jefferson Industrial Buy

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...

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1031 Exchange From Multifamily to Retail

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...

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Youngsville Industrial Property Sold Off Market in 35 Days

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...

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Turning a Due Diligence Problem into a Path Forward

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...

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New Orleans Retail Sale Saved After Tenant Exit Threatened Financing

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...

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Baton Rouge Office Building Sold at a Profit Instead of Re-Leased

Fabian Edwards of ELIFIN® represented the seller in the successful sale of the ±4,086 SF office property located at 10527 Kentshire Ct in Baton Rouge, LA. Challenge The previous tenant had made modifications to the building during their tenancy that left the space in a configuration that was difficult to re-lease. Finding a new tenant willing to take the space as-is, or...

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