News

Market Report – Lafayette, LA – December 2024

Overall Dollar Volume is down 6.73% The trailing 12 month total dollar volume of sales was $297.5M at the end of Dec 2024 vs. $318.9M at the end of the prior month. Overall Deal Velocity is down 1.95% The trailing 12 month sale count was 301 at the end of Dec 2024 vs. 307 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/01/Market-Report-Lafayette-LA-December-2024.pdf" attachment_id="13800"...

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Market Report – Baton Rouge, LA – December 2024

Overall Dollar Volume is down 9.53% The trailing 12 month total dollar volume of sales was $394.2M at the end of Dec 2024 vs. $435.7M at the end of the prior month. Overall Deal Velocity is down 0.86% The trailing 12 month sale count was 344 at the end of Dec 2024 vs. 347 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/01/Market-Report-Baton-Rouge-LA-December-2024.pdf" attachment_id="13801"...

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The Pulse LFT: Two mobile home parks change hands

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 301, 305 Malapart Rd, Lafayette, LA 70507 Type: Retail Price: $950,000 ($152.81 / SF) Buyer: INSURANCE AUTO AUCTIONS CORP Elifin's Notes: An auto auction property changes hands on Malapart Road. 840 Jenkins Rd, Duson, LA 70529 Type: Multifamily Price: $875,000 ($39,773 / Unit) Buyer: LT ENTERPRISES LLC Elifin's Notes: LT Enterprises acquires a 22-unit mobile...

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The Pulse NOLA: Retail property sells in the French Quarter

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 604 Julia St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,400,000 ($216.95 / SF) Buyer: 604 JULIA LLC Elifin's Notes: A Warehouse District mixed-use property, consisting of one street level retail, four STR units, and two apartments, sells. 609, 615 Chartres St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: 609 CHARTRES...

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The Pulse BR: Teakwood Village apartments sell for 6.7mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 34200 Distribution Lane, Gonzales, LA 70737 Type: Industrial Price: $10,177,887 ($174.49 / SF) Buyer: FNLR Compounds Matter Too LLC Elifin's Notes: A New York-based real estate investment company purchases the Univar Solutions chemical company property, sitting on 22 acres in Gonzales. 515 Gardere Lane, Baton Rouge, LA 70820 Type:...

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The Pulse LFT: Three commercial sales recorded last week

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1813 Bertrand Dr, Lafayette, LA 70506 Type: Industrial Price: $675,000 ($70.31 / SF) Buyer: 1813 BERTRAND LLC Elifin's Notes: An industrial showroom/warehouse sells on Bertrand Drive. 2843 Verot School Rd, Lafayette, LA 70508 Type: Office Price: $362,000 ($201.11 / SF) Buyer: LAFLA VENTURES LLC Elifin's Notes: LAFLA Ventures LLC acquires an office property on Verot...

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The Pulse NOLA: Former Winn-Dixie property in Algiers sells for 8.1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3008 Holiday Dr, New Orleans, LA 70131 Type: Retail Price: $8,100,000 ($127.29 / SF) Buyer: ROYALE WINN NOLA LLC Elifin's Notes: A Florida-based entity acquires the former Winn-Dixie property in Algiers. 613, 635, 641 Baronne St, New Orleans, LA 70113 Type: Office Price: $2,400,000 ($93.39 / SF) Buyer: 615 BARONNE ST LLC Elifin's Notes:...

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The Pulse BR: 732-Unit Arlington Cottages and Townhomes sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5423 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Retail Price: $4,251,123 ($588.64 / SF) Buyer: Maxwell Properties L P Elifin's Notes: Maxwell Properties purchases the former Neighbors Credit Union property on the corner of S Sherwood Forest Blvd and Market Place Ave. 8900-9070 Parkway Dr, Baton...

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

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 /...

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The Pulse BR: Former Unitech Training Academy sells on Coursey

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...

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