News

Market Report – Lafayette, LA – June 2026

Overall Dollar Volume is up 3.18% The trailing 12 month total dollar volume of sales was $374.4M at the end of Jun 2026 vs. $362.9M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 343 at the end of Jun 2026.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-Lafayette-LA-June-2026.pdf" attachment_id="21327" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – Baton Rouge, LA – June 2026

Overall Dollar Volume is down 1.15% The trailing 12 month total dollar volume of sales was $1.071B at the end of Jun 2026 vs. $1.084B at the end of the prior month. Overall Deal Velocity is down 2.63% The trailing 12 month sale count was 445 at the end of Jun 2026 vs. 457 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-Baton-Rouge-LA-June-2026.pdf" attachment_id="21328"...

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Market Report – New Orleans, LA – June 2026

Overall Dollar Volume is down 2.11% The trailing 12 month total dollar volume of sales was $1.107B at the end of Jun 2026 vs. $1.131B at the end of the prior month. Overall Deal Velocity is up 1.06% The trailing 12 month sale count was 573 at the end of Jun 2026 vs. 567 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-New-Orleans-LA-June-2026.pdf" attachment_id="21329"...

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The Pulse Northshore: Palmetto Greens apartments sell for 15.2 million

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 900 Emerald Forest Blvd, Covington, LA 70433 Type: Multifamily Price: $15,250,000 ($105,903 / Unit) Buyer: PALMETTO GREENS LLC Elifin's Notes: A 144-unit multifamily property changes hands on Emerald Forest Boulevard. Lot 1 Turnpike Rd, Covington, LA 70433 Type: Land Price: $2,300,000 ($16.00 / Land SF) Buyer: BITTU GOOD B LLC Elifin's Notes: A 3+...

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The Pulse LFT: Pennsylvania-based company purchases property in Scott

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1223 Delhomme Ave, Scott, LA 70583 Type: Industrial Price: Withheld Buyer: LIBERTY TIRE RECYCLING LLC Elifin's Notes: A Pennsylvania-based company purchases an industrial property on Delhomme Avenue. Commercial Permits Issued Last Week .tg { border-collapse: collapse; border-color: #ccc; border-spacing: 0; border: 1px solid rgba(0, 0, 0, 0.12); background-color: #fff; width: 100%; } .tg td { background-color: #fff; border-color: #ccc; border-style: solid; border-width: 0px; color: #212121; font-size:...

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The Pulse NOLA: Tennessee-based company purchases Walgreens property

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 11297 Lake Forest Blvd, New Orleans, LA 70128 Type: Retail Price: $2,060,000 ($137.24 / SF) Buyer: CD NEW ORLEANS, LLC Elifin's Notes: A Tennessee-based company purchases a Walgreens branch property on Lake Forest Boulevard. 3125 N Causeway Blvd, Metairie, LA 70002 Type: Retail Price: $1,490,000 ($326.75 / SF) Buyer: 3125 N CAUSEWAY LLC Elifin's...

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The Pulse BR: Commerce Centre in Prairieville sold for 6.8 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17097 Airline Hwy, Prairieville, LA 70769 Type: Retail Price: $6,800,000 ($186.03 / SF) Buyer: ZRP Commerce Centre LLC Elifin's Notes: A South Carolina-based company purchases a strip center property on Airline Highway. 2940 S Ruby St, Gonzales, LA 70737 Type: Industrial Price: $612,653 ($122.53 / SF) Buyer:...

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Selling More Than a Building

Benji Azar of ELIFIN® represented the seller in the successful sale of the 34-unit multifamily property located at 1400 Lake Ave in Metairie, LA. Challenge The sellers were a family navigating a succession, inheriting both the property and its associated responsibility. The building had been owned and operated by the family since the early 1970s, and the weight of that history was...

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84 Days to a National Tenant

Adrien Foley and Brady Becker of ELIFIN® represented the landlord in the successful lease of the ±10,000 SF office warehouse located at 1309 Dealers Ave in Elmwood, LA. Challenge The landlord had purchased the building in cash and put real money into renovating it. With that investment made, he was eager to get a tenant in. The pressure to lease fast in...

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An Acquisition Built on Persistence

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±20,072 SF industrial warehouse located at 3080 Rosenwald Rd in Baton Rouge, LA. Challenge The property was originally available only as part of a larger portfolio package, and the buyer had no interest in acquiring multiple properties. Time and patience allowed the seller to realize the potential in an...

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