The 10 Largest Disclosed Commercial Sales in Louisiana, 2026 Year to Date
The largest disclosed commercial sale in Louisiana so far in 2026 is a 348-unit apartment community on Settlers Trace Boulevard in Lafayette. It sold for $64.8 million on July 30, which works out to $186,207 per unit. Five of the ten largest disclosed sales this year are multifamily, and at least seven went to buyers based outside Louisiana.
ELIFIN is Louisiana’s #1 commercial real estate brokerage by number of sales, with agents covering Baton Rouge, New Orleans, and Lafayette. Every sale below comes from ELIFIN’s proprietary transaction database, which tracks 59,000+ commercial properties and 41,000+ owner contacts across South Louisiana. Only sales with a publicly disclosed price are ranked.
The Top 10
A Georgia-based buyer purchased the 348-unit community in the Settlers Trace corridor.
A Texas-based buyer acquired the 324-unit property. At $191,358 per unit, it is the highest per-unit price among the six apartment sales over $10 million this year.
A Connecticut-based buyer purchased The Parc Fontaine Apartments. It has the most units of any sale on the list.
A New York-based entity bought One Canal Place, a 32-story office tower of roughly 650,000 SF. It is the only office building in the top 10.
A 189-unit high-rise apartment building in the CBD changed hands.
Reyes Holdings, an Illinois-based food and beverage producer and distributor, purchased the distribution facility from Republic National Distributing Company.
A 144-unit apartment property on the Northshore changed hands.
An Illinois-based company bought the distribution facility. The seller, Republic National Distributing Company, also sold the Jefferson Highway facility (No. 6) in the same week.
A New York-based company bought the shopping center on the West Bank.
A two-story retail building on Veterans Memorial Boulevard sold. At $285/SF, it has the highest per-foot price of any non-apartment sale in the top 10.
Nos. 11 to 16: The Rest of the $10 Million-Plus Sales
| # | Property | Type | Price | Close |
|---|---|---|---|---|
| 11 | Bellecour Crossing, 1251 N Ardenwood Dr, Baton Rouge (328 units, $35,366/unit) | Multifamily | $11,600,000 | Jan 2026 |
| 12 | 7801 Airline Dr, Metairie (104,986 SF, $110/SF) | Retail | $11,550,000 | Mar 2026 |
| 13 | Cypress Pointe medical office, 19065 Dr John Lambert Dr, Hammond (36,066 SF, $305/SF) | Medical office | $11,000,000 | Jan 2026 |
| 14 | Rehabilitation hospital, 8000 Summa Ave, Baton Rouge (28,000 SF, $377/SF) | Healthcare | $10,544,896 | Jan 2026 |
| 15 | Nine-property medical office portfolio, Acadiana (anchored at 401 Youngsville Hwy, Lafayette) | Medical office | $10,354,355 | Sep 2026 |
| 16 | Holly Court assisted living, 8585 Summa Ave, Baton Rouge (5.06 acres) | Healthcare | $10,000,000 | Feb 2026 |
The healthcare sales here went mostly to out-of-state capital. A New Jersey-based realty trust bought the Summa Avenue rehabilitation hospital, a Miami-based company bought Holly Court, and a Kansas-based company bought the nine-property Acadiana medical office portfolio.
What the List Shows
| Property Type (Top 10) | Sales | Combined Price | Share |
|---|---|---|---|
| Multifamily | 5 | $202.2M | 68% |
| Industrial | 2 | $38.5M | 13% |
| Office | 1 | $27.9M | 9% |
| Retail | 2 | $27.7M | 9% |
| Total | 10 | $296.3M | 100% |
Apartments set the top of the market. Multifamily makes up 68% of the top 10 by dollar volume and 6 of the 16 sales over $10 million. Price per unit ranged from $35,366 to $191,358:
| Apartment Sale | Units | Price | Per Unit |
|---|---|---|---|
| 3445 Bluebonnet Blvd, Baton Rouge | 324 | $62,000,000 | $191,358 |
| 536 Settlers Trace Blvd, Lafayette | 348 | $64,800,000 | $186,207 |
| 200 Carondelet St, New Orleans | 189 | $27,166,125 | $143,736 |
| 900 Emerald Forest Blvd, Covington | 144 | $15,250,000 | $105,903 |
| The Parc Fontaine Apartments, New Orleans | 702 | $33,000,000 | $47,009 |
| Bellecour Crossing, Baton Rouge | 328 | $11,600,000 | $35,366 |
Out-of-state capital is the buyer pool at this size. The transaction records identify buyers from Georgia, Texas, Connecticut, New York, and Illinois in at least seven of the top ten deals. If your building is worth $10 million or more, your likely buyer is a regional or national group that is weighing your property against deals in every other market it buys in.
The New Orleans metro led on deal count. Orleans and Jefferson Parishes each account for three of the top ten, a combined $139.2 million. Lafayette Parish has two deals worth $79.8 million, East Baton Rouge has one at $62.0 million, and St. Tammany has one at $15.3 million.
The top 10 is a small share of the market. ELIFIN has recorded $2.27 billion across 1,364 commercial sales in its seven tracked parishes so far in 2026. The ten largest disclosed deals make up about 13% of that volume. The other 87% traded in smaller deals.
Frequently Asked Questions
What was the largest commercial real estate sale in Louisiana in 2026?
The largest disclosed commercial sale in Louisiana through September 2026 was $64.8 million for a 348-unit apartment community at 536 Settlers Trace Boulevard in Lafayette, which closed July 30, 2026. That is $186,207 per unit. The buyer was a Georgia-based company.
How much commercial real estate has sold in Louisiana in 2026?
ELIFIN has recorded $2.27 billion in commercial sales volume across 1,364 transactions in East Baton Rouge, Orleans, Jefferson, Lafayette, Ascension, St. Tammany, and Tangipahoa Parishes from January 1 through September 24, 2026. Sixteen of those sales had a disclosed price of $10 million or more.
Who is buying large commercial properties in Louisiana?
Mostly out-of-state investors. At least seven of the ten largest disclosed Louisiana commercial sales in 2026 went to buyers based in Georgia, Texas, Connecticut, New York, or Illinois. Healthcare buyers at the $10 million level came from New Jersey, Florida, and Kansas.
What are apartment complexes selling for per unit in Louisiana?
Among the six Louisiana apartment sales above $10 million in 2026, prices ranged from $35,366 per unit (328 units on North Ardenwood Drive, Baton Rouge) to $191,358 per unit (324 units on Bluebonnet Boulevard, Baton Rouge).
Selling a Louisiana commercial property?
$2.27 billion in commercial property has traded in ELIFIN’s parishes so far in 2026. Your ELIFIN Block agent knows which local and out-of-state buyers are active on your corridor and runs the sale from pricing through closing.
Source: ELIFIN proprietary transaction database. Rankings include only sales with a publicly disclosed price, excluding residential lot sales. Total dollar volume includes estimated market values for transactions with undisclosed sale prices; price-per-SF and price-per-unit figures use disclosed prices only. Parish-wide coverage of East Baton Rouge, Orleans, Jefferson, Lafayette, Ascension, St. Tammany, and Tangipahoa Parishes. 2026 figures cover January 1 through September 24. Data current as of September 26, 2026.
Disclaimer: This content is derived from ELIFIN’s proprietary database and public records and is believed accurate but not guaranteed. Market conditions change. This is for informational purposes only and does not constitute an appraisal, valuation, tax, legal, or investment advice. Consult appropriate professionals before making real estate decisions.