News

Market Report – Lafayette, LA – June 2026

Overall Dollar Volume is up 3.18% The trailing 12 month total dollar volume of sales was $374.4M at the end of Jun 2026 vs. $362.9M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 343 at the end of Jun 2026.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-Lafayette-LA-June-2026.pdf" attachment_id="21327" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – Baton Rouge, LA – June 2026

Overall Dollar Volume is down 1.15% The trailing 12 month total dollar volume of sales was $1.071B at the end of Jun 2026 vs. $1.084B at the end of the prior month. Overall Deal Velocity is down 2.63% The trailing 12 month sale count was 445 at the end of Jun 2026 vs. 457 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-Baton-Rouge-LA-June-2026.pdf" attachment_id="21328"...

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Market Report – New Orleans, LA – June 2026

Overall Dollar Volume is down 2.11% The trailing 12 month total dollar volume of sales was $1.107B at the end of Jun 2026 vs. $1.131B at the end of the prior month. Overall Deal Velocity is up 1.06% The trailing 12 month sale count was 573 at the end of Jun 2026 vs. 567 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-New-Orleans-LA-June-2026.pdf" attachment_id="21329"...

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Palmetto Greens apartments sell for 15.2 million

The July 13, 2026 issue covers eight commercial sales recorded on the Northshore the previous week, totaling $23M in disclosed volume. The headline deal: PALMETTO GREENS LLC paid $15.3M ($105,903/unit) for a 144-unit multifamily property on Emerald Forest Boulevard in Covington. Retail made up three of the eight sales, including an Iowa-based company's $1.49M purchase of a Dollar General property...

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Tennessee-based company purchases Walgreens property

The July 13, 2026 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $8M in disclosed volume. The headline deal: CD NEW ORLEANS, LLC, a Tennessee-based company, paid $2.06M ($137.24/SF) for a Walgreens branch property on Lake Forest Boulevard. Retail made up four of the 11 sales, including an auto repair property across...

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Commerce Centre in Prairieville sold for 6.8 million

The July 13, 2026 issue covers ten commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $8.66M in disclosed volume. The headline deal: ZRP Commerce Centre LLC, a South Carolina-based company, paid $6.8M ($186.03/SF) for the Commerce Centre strip center on Airline Highway in Prairieville. Retail made up four of the 10 sales, and an Ohio-based company...

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Selling More Than a Building

Benji Azar of ELIFIN® represented the seller in the successful sale of the 34-unit multifamily property located at 1400 Lake Ave in Metairie, LA. Challenge The sellers were a family navigating a succession, inheriting both the property and its associated responsibility. The building had been owned and operated by the family since the early 1970s, and the weight of that history was...

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84 Days to a National Tenant

Adrien Foley and Brady Becker of ELIFIN® represented the landlord in the successful lease of the ±10,000 SF office warehouse located at 1309 Dealers Ave in Elmwood, LA. Challenge The landlord had purchased the building in cash and put real money into renovating it. With that investment made, he was eager to get a tenant in. The pressure to lease fast in...

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An Acquisition Built on Persistence

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±20,072 SF industrial warehouse located at 3080 Rosenwald Rd in Baton Rouge, LA. Challenge The property was originally available only as part of a larger portfolio package, and the buyer had no interest in acquiring multiple properties. Time and patience allowed the seller to realize the potential in an...

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