DOWNLOAD PDF December 12th, 2019 - Baton Rouge, LA – Since Shrimp Basket’s closing of its two Baton Rouge locations, the restaurant at 7242 Perkins Road has sat vacant. Now marketed by Elifin Realty, the location is available for sublease and is in turn-key condition for a new restaurant concept. According to Will Chadwick, who is leasing the property, the previous operator...
This is a great question since commercial buildings and their uses vary so widely. There are also a lot of factors to consider when making this determination. The lease rate for an office building is going to largely depend on market conditions. Where are people moving to? What areas of town are the most desirable office submarkets? What’s going on...
Searching for commercial real estate online is a little trickier than searching for residential. Residential real estate search engines such as Zillow, Homes.com, and Realtor.com, not to mention many residential brokerage sites feature a huge variety of listings. In the case of the larger sites, you can search nationwide for the property of your dreams. The online tools for commercial...
When you decide to get into commercial real estate, finding and purchasing your first property comes with a big learning curve along with the financial investment. With a lot of advice out there comes a lot of confusion about the best way to jump into commercial real estate. But the real key is to find a deal and then approach...
Many of us are familiar with MLS through purchasing a home. Realtors can go into MLS and build a query with the exact specifications of what we’re looking for and then email over daily or weekly lists of properties that may match those specifications. We check them out and send a thumbs up or thumbs down and they can use...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 339 Florida St Price: $6,850,000 ($131 / SF) Buyer: RM Mentorship Acad LA LLC Elifin's Notes: New York investment firm, Rosemawr Management, purchases downtown office building used by the Mentorship Academy. 314 West Dr Price: $352,000 ($35,200 / Unit) Buyer: HIV/AIDS Alliance for Region Two (HAART) Inc Elifin's Notes: HAART, Inc (HIV/AIDS...
DOWNLOAD PDF December 6th, 2019 - Baton Rouge, LA – Aquaculture Systems Technologies, LLC has recently consolidated all of its operations to their new location in Downtown Baton Rouge at 2120 N 3rd Street. George Bonvillain and Mathew Laborde, of Elifin Realty, assisted AST in finding the new location for their rapidly expanding business. Relocating their operations from New Orleans and their...
We’ve all seen it. People who look like they have it all together. All the nicest clothes or watches, picking up the tab for the table. But then they get home and scratch and scrape to pay their light bill. This same illusion can hold true for commercial real estate brokers. A lot of people see commercial real estate brokers who...
If you’re searching for the owner of a commercial property, be prepared to dust off your detective badge and get down to work. While finding the owner of a commercial property is possible, you have to do a little digging to get there. Finding the owner of a commercial property begins by identifying which parish it’s in. Once you know which...
In this case, the term “expensive” is relative. What looks expensive to a novice, first-time investor may look like pocket change to one that is established in commercial real estate investing. But, to be fair, commercial real estate is generally more expensive than single-family residential homes. This is the result of a few factors. Commercial property takes a lot of money to...
