News

One Week to Find What Months Couldn’t

Sam Johns of ELIFIN® represented the seller in the successful sale of the commercial condo unit located at 1101 Hugh Wallis Rd S, Unit 104 in Lafayette, LA. Challenge By the time Sam got involved, the client was frustrated. The property had been on the market without meaningful traction, and the owner was seriously considering pulling the listing and attempting to sell...

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The Pulse Northshore: Harbor Freight property in Covington sold

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 290 Tower Rd, Ponchatoula, LA 70454 Type: Industrial Price: $3,080,000 ($138.45 / SF) Buyer: TP2 OF HAMMOND LLC Elifin's Notes: An industrial facility with a lay down yard sells on Tower Road. 10209 Park Pl, Hammond, LA 70403 Type: Mixed-Use Price: $2,670,000 ($74.17 / SF) Buyer: CROWN STORAGE HAMMOND RV LLC Elifin's Notes: This...

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The Pulse LFT: Local investors purchase renowned downtown building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Jefferson St; 500 S Buchanan St, Lafayette, LA 70501 Type: Mixed-Use Price: $2,600,000 ($173.33 / SF) Buyer: WALKING ANTIQUE LLC Elifin's Notes: A local pair purchases the renowned mixed-use property featuring an event space and restaurant on the ground floor and apartments on the second, along with an adjacent...

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The Pulse NOLA: The Exchange Pickleball property sold to Illinois company

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 460 Josephine St; 2120 Rousseau St, New Orleans, LA 70130 Type: Retail Price: $5,200,000 ($281.10 / SF) Buyer: CSH 2120 ROUSSEAU LLC Elifin's Notes: An Illinois-based company acquires a former warehouse turned pickle ball amusement space. 4841 Zenith St, Metairie, LA 70001 Type: Multifamily Price: $1,200,000 ($100,000 / Unit) Buyer: 4841 ZENITH STREET...

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The Pulse BR: Medical office property sells for $246/sqft on Jefferson

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7417 Jefferson Hwy, Baton Rouge, LA 70806 Type: Office Price: $1,149,500 ($246.20 / SF) Buyer: Cajun Chiro Properties LLC Elifin's Notes: A medical office property changes hands on Jefferson Highway. 9432 Jefferson Hwy, Baton Rouge, LA 70809 Type: Land Price: $1,140,000 ($18.17 / Land SF) Buyer: Parochial Employees Retirement System of...

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The Pulse Northshore: St. Tammany Parish Government purchases 3.4+ acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 58023 S Walnut St, Slidell, LA 70461 Type: Land Price: $2,000,000 ($22.29 / Land SF) Buyer: BITTU BEDICO LLC Elifin's Notes: A 2+ acre tract of land sells near the I-10 and Hwy 190 intersection. 187 Dalwill Dr (Units 6, 7), Mandeville, LA 70471 Type: Land Price: $342,000 ($80.57 / Land SF) Buyer:...

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The Pulse LFT: Restaurant property off Hwy 90 in Broussard sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 338 Thoroughbred Dr, Lafayette, LA 70507 Type: Industrial Price: $470,000 ($29.25 / SF) Buyer: Troyanowski Properties LLC Elifin's Notes: An industrial property sells on Thoroughbred Drive. 200 Blk Albertson Pkwy, Broussard, LA 70518 Type: Land Price: $385,000 ($1.71 / Land SF) Buyer: PASSION HOME DESIGNS LLC Elifin's Notes: A 5+ acre parcel of land sells...

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The Pulse NOLA: Ramada Inn in Metairie trades for 8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3400 S I 10 Service Rd W, Metairie, LA 70001 Type: Hospitality Price: $8,000,000 ($41,451 / Unit) Buyer: NOLA HOTEL PROPERTIES LLC Elifin's Notes: A 193-unit hotel property changes ownership on South I-10 Service Road West. 609, 611 Royal St, New Orleans, LA 70130 Type: Mixed-Use Price: $2,975,000 ($448.72 / SF) Buyer: C...

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Market Report – Lafayette, LA – April 2026

Overall Dollar Volume is up 0.49% The trailing 12 month total dollar volume of sales was $389.5M at the end of Apr 2026 vs. $387.5M at the end of the prior month. Overall Deal Velocity is up 1.15% The trailing 12 month sale count was 353 at the end of Apr 2026 vs. 349 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/05/Market-Report-Lafayette-LA-April-2026.pdf" attachment_id="20776"...

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Market Report – Baton Rouge, LA – April 2026

Overall Dollar Volume is down 1.36% The trailing 12 month total dollar volume of sales was $1.187B at the end of Apr 2026 vs. $1.204B at the end of the prior month. Overall Deal Velocity is up 1.09% The trailing 12 month sale count was 462 at the end of Apr 2026 vs. 457 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Baton-Rouge-LA-April-2026.pdf" attachment_id="20852"...

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