Results

Sold Before the Vacancy Became Costly

Fabian Edwards of ELIFIN® represented the seller in the successful sale of the property located at 10517 Kentshire Court in Baton Rouge, LA. Challenge The seller, based in Mexico, received notice that his tenant would not be renewing their lease, putting him in a difficult position. With a mortgage on the property and no local presence in Baton Rouge to lean on,...

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73 Days to End a Two-Year Vacancy

Jacob Loveland of ELIFIN® represented the landlord in the successful leasing of a long-vacant suite at the shopping center located at Carriage Crossing Shopping Center in Baton Rouge, LA. Challenge One suite at the property had sat vacant for over two years with virtually no leasing activity to show for it. The landlord was losing income on a space that, by all...

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Two Sales, One Property, One Year

Alex Ruch of ELIFIN® represented the seller in the successful disposition of the FedEx-tenanted distribution center located at 10781 Coursey Ct in Baton Rouge, LA — the same property he represented them in acquiring just one year prior. Challenge The prospective buyer was interested in acquiring the property for his own business operations, but the existing lease with the current tenant had...

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How Market Knowledge Secured a Strong Acquisition for Retail Buyer

Noah Loveland and Benji Azar of ELIFIN® successfully represented the buyer in the acquisition of Walker Plaza, a multi-tenant retail center anchored by national and local tenants including Dollar Tree, Pizza Hut, and more, located along Walker South Rd in Walker, LA. Challenge Walker Plaza presented a compelling opportunity for the buyer, but the seller's asking price reflected assumptions about value that...

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Protecting the Owner’s Income Through a Tenant Transition

Alex Ruch and Cade McNabb of ELIFIN® represented the landlord in the successful re-leasing of the ±6,769 SF industrial flex warehouse located at 9131 Castille Dr in Baton Rouge, LA. Challenge The existing tenant at 9131 Castille Dr had outgrown the space but still had over a year remaining on their lease. Simply walking away was not an option, and the owner...

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Leasing Momentum Leads to Investment Sale

Lindsay Redhead of ELIFIN® turned a successful leasing effort into a strategic investment disposition at the office property located at 5917 Jones Creek Rd in Baton Rouge, LA. Challenge Although the building had reached full occupancy through Lindsay’s earlier leasing efforts, preparing the property for sale presented a new set of challenges. For the property to appeal to investors and support an...

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From Uncertainty to Closing in 25 Days

After more than 20 years of stable ownership with the same tenant in place, an unexpected vacancy created an urgent situation for the building owner, who needed a fast and reliable solution for the property. Brady Becker and Adrien Foley of ELIFIN® represented both the buyer and seller in the sale of the industrial building located at 2317 Kingston St....

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Four Properties, Three Owners, One Successful Acquisition

Alex Ruch of ELIFIN® repped the buyer in four property acquisitions along Government Street. Challenge The client set out to acquire four separate properties along Government Street as part of a vision to redevelop the area for a niche retail concept. The properties, however, were owned by three different owners and represented separate transactions with different expectations, timelines, and representation. Coordinating multiple...

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From Missed Opportunity to Operational Fit

Mark Johns of  ELIFIN® successfully assisted Omega Protein in securing a large, SIP-compliant warehouse facility on an accelerated timeline after an initial site fell through. Challenge Omega Protein, a division of Cooke Inc, the largest privately owned seafood company in the world, needed to secure a large warehouse facility to support its operations. Initially, Omega Protein submitted an offer on a property...

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Clearing the Path to a Clean Close

Mark Johns of ELIFIN® represented both the seller and buyer in the successful sale of the ±26,500 SF industrial office/warehouse located at 211 Diesel Dr in Scott, LA. Challenge The seller was ready to retire and needed more than just a buyer. He needed a clear and orderly path to closing. The property carried several encumbrances that created significant complexity, requiring full...

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