News

Lee’s Hamburgers building in Covington sold

A weekly update on the commercial real estate landscape of The Northshore. Six commercial properties sold on the Northshore during the week of August 17, 2026, totaling roughly $3.09 million across office, retail, industrial, and land transactions in Covington, Hammond, Loranger, and Abita Springs. The week was led by the $1,545,000 sale of 200 Caroline Ct in Covington, an office building...

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Diocese of Lafayette sells two land parcels

A weekly update on the commercial real estate landscape of Lafayette. Seven commercial sales closed across Lafayette the week of August 17, 2026, totaling $2.2M in disclosed volume. The headline deal: Jose Israel Rojas Barrera paid $475K ($34.58/SF) for an industrial property on Evans Lane. The Roman Catholic Diocese of Lafayette monetized two land parcels on Bonin Road and Teljean Road,...

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Texas entity purchases distribution facility for 5.4 million

A weekly update on the commercial real estate landscape of New Orleans. Sixteen commercial sales closed across New Orleans and surrounding markets the week of August 17, 2026, totaling $19.7M in disclosed volume. The headline deal: New Orleans 601 Edwards LLC, a Texas-based entity, paid $5.4M ($90/SF) for an industrial distribution property within the Elmwood Business Park. Retail and specialty properties...

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Planet Fitness franchisee purchases land in Gonzales

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Eight commercial sales closed across Baton Rouge and Ascension the week of August 17, 2026, totaling $4.6M in disclosed volume. The headline deal: Baseline Fitness LLC, an out-of-state Planet Fitness franchisee, paid $1.3M ($6.76/Land SF) for a 4-acre parcel off Highway 30 in Gonzales near I-10. Healthcare...

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How ELIFIN® Navigated a Challenging Due Diligence Period to Save the Transaction

Brady Becker and Adrien Foley of ELIFIN® represented the buyer in the successful acquisition of the ±14,699 SF retail property located at 102 Hatchell Lane in Denham Springs, LA. Challenge The due diligence process uncovered a pair of title issues that brought the transaction to the edge of collapse. An outdated survey and discrepancies across two separate abstracts of title made it...

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How ELIFIN® Sold A Confidential Portfolio That Never Hit the Market

Caden Leblanc of ELIFIN® represented both the buyer and seller in the successful sale of a three-property industrial portfolio located in Broussard, Louisiana (Lafayette Parish) and Gray, Louisiana (Terrebonne Parish). Challenge The seller had recently sold his business to a large public company and retained ownership of the real estate, leasing the facilities back to his former company. He was ready to...

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Northshore Commercial Real Estate: St. Tammany and Tangipahoa H1 2026 Report

Market Data | Northshore, LouisianaNorthshore Commercial Real Estate: St. Tammany and Tangipahoa Market DataThe Northshore recorded 165 commercial sales totaling $207.8 million in the first half of 2026, across St. Tammany and Tangipahoa parishes. If you own a building or land in Covington, Mandeville, Slidell, or Hammond, this page shows what is actually trading around you: the parishes, the cities,...

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What the $5.8B Hyundai Steel Mill Means for Ascension Parish Commercial Property Values

Market Intelligence | Ascension ParishWhat the $5.8B Hyundai Steel Mill Means for Ascension Parish Commercial Property ValuesHyundai Steel is building its first U.S. production facility on more than 1,700 acres near Donaldsonville: a $5.8 billion plant expected to create over 1,300 direct jobs at an average salary of $95,000. The state closed on the site on December 31, 2025, at...

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Commercial parcel just off I-12 sold in Covington

A weekly update on the commercial real estate landscape of The Northshore. One commercial sale closed on the Northshore the week of August 10, 2026. Jeffrey A. Borne purchased a 1-acre commercial land parcel for $550K ($7.94/Land SF) on Seymour Myers Drive in Covington, positioned within an industrial corridor near I-12. Commercial Sales Recorded Last Week 13446 Seymour Myers Dr, Covington, LA 70433 Type:...

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