News

The Pulse LFT: Mixed-use property along Camellia Blvd sells for 2.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Camellia Blvd, Lafayette, LA 70508 Type: Mixed-Use Price: $2,475,000 ($253.12 / SF) Buyer: MD4 PROPERTIES LLC Elifin's Notes: A pair of Youngsville-based investors purchase a newly constructed commercial property with two office suites on the first floor and two residential 3BR/3BA units on the second floor 804 East Saint Mary...

Read More

The Pulse BR: Hotel developers purchase land off Corporate Blvd

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9522 Brookline Ave, Baton Rouge, LA 70809 Type: Office Price: $1,650,000 ($89.75 / SF) Buyer: 9522 Brookline LLC Elifin's Notes: Local investor purchases Brookline Ave office building off Drusilla Lane. Tract B-2-A-1-A-2-B-3 West Lee Dr, Baton Rouge, LA 70820 Type: Land Price: $1,525,000 ($28.70 / Land SF) Buyer: Tasty Delites Southeast...

Read More

The Pulse CBUS: E Town St apartment complex sells for 19.6mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 223 E Town St, Columbus, OH 43215 Type: Multifamily Price: $19,600,000 ($186,667 / Unit) Buyer: RM 223 E TOWN LLC Elifin's Notes: The 223 E Town apartment property sells; it has 105 units, with studio, 1BR/1BA, 2BR/1BA and 2BR/2BA layouts 2160-2184 East Main St, Bexley, OH 43209 Type: Multifamily Price: $7,500,000 ($107,143 /...

Read More

The Pulse NOLA: Excelth purchases their location in Algiers

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4422 General Meyer Ave, New Orleans, LA 70131 Type: Healthcare Price: $1,325,000 ($39.18 / SF) Buyer: EXCELTH INC Elifin's Notes: Excelth, a primary health care company, purchases their location in Algiers adjacent to Edna Karr High School 809 Behrman Highway, Terrytown, LA 70056 Type: Retail Price: $1,150,000 ($115.00 / SF) Buyer: 809 BEHRMAN...

Read More

Market Report – Baton Rouge, LA – January 2024

Overall Dollar Volume is down 3.89% The trailing 12 month total dollar volume of sales was $589.6M at the end of Jan 2024 vs. $613.4M at the end of the prior month. Overall Deal Velocity is down 3.5% The trailing 12 month sale count was 413 at the end of Jan 2024 vs. 428 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-Baton-Rouge-LA-January-2024.pdf" attachment_id="10841"...

Read More

The Pulse LFT: Three Wendy’s locations sold last week

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3144 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $2,272,549 ($766.98 / SF) Buyer: WENDYS PROPERTIES LLC Elifin's Notes: The Wendy's main office acquire one of their franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway 3510 West Pinhook Rd, Lafayette, LA 70508 Type: Retail Price: $2,045,071 ($681.69 / SF) Buyer:...

Read More

The Pulse CBUS: McDonald’s Real Estate Co. purchases 1.2 acres

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3400 Twin Creek Dr, Columbus, OH 43204 Type: Multifamily Price: $20,000,000 ($56,818 / Unit) Buyer: HILLIARD VILLAGE OWNER LLC Elifin's Notes: The Hilliard Village apartment complex sells near Redick Park 5800 Gender Rd, Columbus, OH 43110 Type: Retail Price: $3,621,596 ($734.90 / SF) Buyer: SHEETZ INC Elifin's Notes: Sheetz Inc acquires a service station, constructed...

Read More

The Pulse NOLA: Caluda’s Cottage Catering purchases their Elmwood location

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1332 Esplanade Ave, New Orleans, LA 70116 Type: Multifamily Price: $1,125,000 ($187,500 / Unit) Buyer: 1332 ESPLANADE AVE LLC Elifin's Notes: A 6-unit multifamily property changes hands in Tremé 1536 River Oaks Rd W, New Orleans, LA 70123 Type: Industrial Price: $965,000 ($112.21 / SF) Buyer: COFFEE COTTAGE INC Elifin's Notes: Caluda's Cottage Catering...

Read More

The Pulse BR: Multi-building retail property sells in Prairieville

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17340, 17346, 17354 Airline Hwy, Prairieville, LA 70769 Type: Retail Price: $820,000 ($88.79 / SF) Buyer: Lap Nguyen LLC Elifin's Notes: A three building retail property, anchored by the Fat Cat Saloon, sells along Airline Highway in Prairieville 3060 Valley Creek Dr, Baton Rouge, LA 70808 Type: Office Price: $500,000...

Read More

Aldi Purchases 3 Acres Near Amazon Fulfillment Center at Cortana

March 8, 2024 - Baton Rouge, LA – Will Chadwick, Partner – Retail Sales & Leasing, is thrilled to announce the sale of a 3-acre lot adjacent to the Amazon Fulfillment Center at the former Cortana Mall site to the supermarket giant, ALDI. This strategic purchase underscores a trend of new development for ALDI in the Baton Rouge market. They join...

Read More