News

Meribo restaurant owners purchase their location

A weekly update on the commercial real estate landscape of The Northshore. Eight commercial sales closed on the Northshore the week of September 7, 2026, totaling $6.1M in disclosed volume. The headline deal: Meribo LLC paid $1.3M ($433.62/SF) for a restaurant property on Lee Lane in Covington. Land, retail, and office assets dominated the week's activity, with regional and out-of-state investors...

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Large industrial property sold for nearly 4 million

A weekly update on the commercial real estate landscape of Lafayette. Twelve commercial sales closed across Lafayette the week of September 7, 2026, totaling $11.5M in disclosed volume. The headline deal: Get-A-Way Retreats LLC and 350 Griffin Road LLC paid $3.9M ($138.05/SF) for a large industrial property in Youngsville. Industrial, retail, and land assets dominated the week's activity, with in-state and...

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Restaurant owners purchase Uptown property

A weekly update on the commercial real estate landscape of New Orleans. Nine commercial sales closed across New Orleans and surrounding markets the week of September 7, 2026, totaling $5.7M in disclosed volume. The headline deal: Pentagon Investors LLC paid $1.5M ($399.78/SF) for a multi-tenant retail property on Harrison Avenue in New Orleans. Retail, office, and industrial properties led the week's...

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Texas company purchases Bluebonnet Reserve for 62 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Sixteen commercial sales closed across Baton Rouge and Ascension the week of September 7, 2026, totaling $72.1M in disclosed volume. The headline deal: Bluebonnet Reserve BR LLC, a Texas-based company, paid $62M ($191,358/unit) for Bluebonnet Reserve, a 324-unit multifamily property on Bluebonnet Boulevard. Multifamily assets and mixed-use...

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Magazine Street Lease Matches Landlord’s Ideal Tenant Profile

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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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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CIS Industries Expands Operations with New Office at 4726 Government St

September 4, 2026- Baton Rouge, LA – Alex Ruch, Senior Vice President – Industrial Sales & Leasing at ELIFIN® is pleased to announce the successful acquisition of 4726 Government St by CIS Industries. The property provides approximately 8,660 square feet of office space with 120 feet of frontage along a high-traffic corridor and is set to serve as an expansion...

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Florida-based charter school company purchases land

A weekly update on the commercial real estate landscape of The Northshore. Eleven commercial sales closed on the Northshore the week of August 31, 2026, totaling $18.7M in disclosed volume. The headline deal: Red Apple at St Tammany Upper LLC, a Florida-based charter school company, paid $6.2M ($7.00/Land SF) for a 20+ acre parcel on South Ochsner Boulevard in Covington, expanding...

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Terrace Centre sold for over 3 million

A weekly update on the commercial real estate landscape of Lafayette. Eleven commercial sales closed across Lafayette the week of August 31, 2026, totaling $7.6M in disclosed volume. The headline deal: Madel Realty LLC paid $3.2M ($76.83/SF) for Terrace Centre, a Class B office building on Ambassador Caffery Parkway. Office, industrial, and land assets drove the week's activity, with out-of-state investors...

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