News

ELIFIN® Announces Expansion to Lafayette, Louisiana

December 5th, 2023 – ELIFIN®, a commercial real estate brokerage firm with locations in Louisiana and Ohio is excited to announce the opening of its office in Lafayette, Louisiana. This strategic expansion is the firm’s fourth office. “The demand for us to do business in Acadiana from our existing clients and prospective clients has increased exponentially indicating that it was clearly...

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The Pulse LFT: Lafayette Parish School Board purchases two properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 301 Rue Beauregard, Lafayette, LA 70508 Type: Office Price: $1,000,000 ($166.67 / SF) Buyer: LAFAYETTE PARISH SCHOOL BOARD THE Elifin's Notes: The Lafayette Parish School Board purchases a multi-suite office property near the intersection of East Kaliste Saloom Road and South College Road 307 Rue Beauregard, Lafayette, LA 70508 Type: Land Price: $585,000...

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The Pulse NOLA: Lucky Inn Motel along Iberville St sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2625 Iberville St, New Orleans, LA 70119 Type: Hospitality Price: $2,800,000 ($93,333 / Unit) Buyer: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC Elifin's Notes: The New Orleans Women & Children's Shelter, Inc. purchases the newly renovated Lucky Inn Motel along Iberville Street 6541 I 10 Service Rd, New Orleans, LA...

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The Pulse CBUS: 123-year-old York Masons Building sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 867 Mt Vernon Ave, Columbus, OH 43203 Type: Office Price: $2,900,000 ($107.62 / SF) Buyer: MAROON ARTS GROUP Elifin's Notes: An office building, the York Masons Building, built in 1900, sells in the King-Lincoln Bronzeville area 1760 E Dublin Granville Road, Columbus, OH 43229 Type: Retail Price: $2,600,000 ($69.18 / SF) Buyer: G &...

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The Pulse BR: Shipley Do-Nuts anchored retail center sells on Essen Lane

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5565 Essen Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,375,000 ($278.34 / SF) Buyer: By & Bette Office LLC Elifin's Notes: Local Baton Rouge investors purchase the Shipley Do-Nuts anchored retail center on Essen Lane. 8280 YMCA Plaza Dr, Building 5, Baton Rouge, LA 70810 Type: Office Price: $820,000 ($210.53 /...

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Market Report – New Orleans, LA – October 2023

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.46% The trailing 12 month total dollar volume of sales was $641.2M at the end of Oct 2023 vs. $700.4M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 407 at the end of Oct 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/11/Market-Report-New-Orleans-LA-October-2023.pdf" attachment_id="8636" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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The Pulse LFT: 26+ Acres along E Pont Des Mouton sell to local developer

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1243 E Pont Des Mouton Rd, Lafayette, LA 70507 Type: Land Price: $874,000 ($1.67 / Land SF) Buyer: CASTILLE REAL ESTATE CO LLC Elifin's Notes: Castille Real Estate Co LLC, as a portion of a larger act of assemblage, has purchased 12+ acres near the intersection of East Pont Des...

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The Pulse BR: Bluebonnet garden office sells for 194 PSF

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5550 Florida Blvd, Baton Rouge, LA 70806 Type: Office Price: $1,800,000 ($53.90 / SF) Buyer: Belfair Baptist Church, Inc Elifin's Notes: Belfair Baptist Church purchases office building on the corner of Florida Blvd and Cloud Dr. 4603 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $600,000 ($194.36 / SF) Buyer: Denis Bay,...

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The Pulse CBUS: Retail center sells for 3.1mm on Grandview Ave

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 648 Grandview Ave, Columbus, OH 43215 Type: Retail Price: $3,100,000 ($376.40 / SF) Buyer: South of Grandview/Dublin Rd. Elifin's Notes: A multi-tenant retail property with a gas station sells in the South of Grandview/Dublin Rd area 1948 Mcallister Ave, Columbus, OH 43205 Type: Retail Price: $2,142,857 Buyer: FIP MASTER FUNDING XXIV LLC Elifin's Notes: In...

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