News

23 Dec The Pulse NOLA: Two mixed-use properties sell in French Quarter

Posted at 09:49h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 550 Modern Farms Rd, Westwego, LA 70094 Type: Industrial Price: $4,300,000 ($47.19 / SF) Buyer: METALS USA PLATES&SHAPES INC Elifin's Notes: Metals USA Plates & Shapes Inc purchases the industrial warehouse property adjacent to their current location in Westwego. 600 Elmwood Park Blvd, Harahan, LA 70123 Type: Industrial Price: $4,200,000 ($51.53 /...

23 Dec The Pulse BR: Former Unitech Training Academy sells on Coursey

Posted at 09:48h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 10551 Coursey Blvd, Baton Rouge, LA 70816 Type: Office Price: $2,600,000 ($106.74 / SF) Buyer: Dynacord Holdings LLC Elifin's Notes: Dynacord Holdings acquires the former Unitech Training Academy property on Coursey Boulevard, behind the Home Depot. 20190 Plank Rd, Zachary, LA 70791 Type: Retail Price: $1,600,000 ($581.82 / SF) Buyer: Jetts...

23 Dec The Pulse LFT: City of Lafayette acquires industrial property for 1.7mm

Posted at 09:45h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 923 W Pinhook Rd, Lafayette, LA 70503 Type: Healthcare Price: $6,523,941 ($374.75 / SF) Buyer: FVR LOUISIANA LLC Elifin's Notes: The commercial property occupied by the Saint Joseph Hospice changes hands on West Pinhook. 226 St Nazaire Rd, Broussard, LA 70518 Type: Retail Price: $2,000,000 ($363.64 / SF) Buyer: PAUL & HARRY 2 LLC Elifin's...

16 Dec The Pulse BR: Take 5 Oil Change sells on O’Neal Lane

Posted at 10:07h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2112 O'Neal Lane, Baton Rouge, LA 70816 Type: Retail Price: $925,000 ($632.69 / SF) Buyer: Rubin, Frederic P Elifin's Notes: An individual investor purchases the Take 5 Oil Change property on O'Neal Lane. 106.27 Acres Couret Dr, Baton Rouge, LA 70818 Type: Land Price: $886,581 ($0.19 / Land SF) Buyer: H11...

16 Dec The Pulse NOLA: Former Uptown Delivery Pharmacy property sells

Posted at 09:39h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5057 Kenal Rd, Lafitte, LA 70067 Type: Retail Price: $2,560,000 ($551.49 / SF) Buyer: RAZZ HALILI TRUST Elifin's Notes: A Texas-based restaurateur purchases a fishing charter and lodging property in Lafitte. 501-505 Metairie Rd, Metairie, LA 70005 Type: Mixed-Use Price: $1,400,000 ($238.26 / SF) Buyer: 9300 JEFFERSON HIGHWAY LLC Elifin's Notes: A mixed-use property,...

16 Dec The Pulse LFT: Buc-ee’s purchases 42+ acres off I-10

Posted at 09:38h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1332 SW Evangeline Thwy, Lafayette, LA 70501 Type: Retail Price: $750,000 ($378.79 / SF) Buyer: MAGGIE CONCEPT INC Elifin's Notes: Maggie Concept Inc. acquires a convenience store with a gas station at the intersection of Southwest Evangeline Thruway and East Pinhook Road. 415 S Pierce St, Lafayette, LA 70501 Type: Office Price: $450,000...

16 Dec Market Report – Lafayette, LA – November 2024

Posted at 09:27h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 7.52% The trailing 12 month total dollar volume of sales was $318.9M at the end of Nov 2024 vs. $344.8M at the end of the prior month. Overall Deal Velocity is down 7.25% The trailing 12 month sale count was 307 at the end of Nov 2024 vs. 331 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Lafayette-LA-November-2024.pdf" attachment_id="13527"...

16 Dec Market Report – New Orleans, LA – November 2024

Posted at 09:26h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 3.39% The trailing 12 month total dollar volume of sales was $832.0M at the end of Nov 2024 vs. $804.7M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 521 at the end of Nov 2024 vs. 512 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-New-Orleans-LA-November-2024.pdf" attachment_id="13534"...

16 Dec Market Report – Baton Rouge, LA – November 2024

Posted at 09:24h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 5.74% The trailing 12 month total dollar volume of sales was $435.7M at the end of Nov 2024 vs. $412.0M at the end of the prior month. Overall Deal Velocity is up 3.58% The trailing 12 month sale count was 347 at the end of Nov 2024 vs. 335 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Baton-Rouge-LA-November-2024.pdf" attachment_id="13532"...

09 Dec The Pulse LFT: Industrial property sells for 1.43mm on Dairy Lane

Posted at 09:23h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Dairy Lane, Broussard, LA 70518 Type: Industrial Price: $1,430,000 ($119.17 / SF) Buyer: BRAEDEN INDUSTRIES LLC Elifin's Notes: Braeden Industries acquires an industrial warehouse property on Dairy Lane. 6921 Ambassador Caffery Pkwy, Broussard, LA 70518 Type: Land Price: $875,000 ($16.74 / Land SF) Buyer: JADS PROPERTY LLC Elifin's Notes: A 1+ acre parcel of...