News

25 Nov The Pulse NOLA: Public Defenders Office purchases building

Posted at 09:36h 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 4770 S I-10 Service Rd W, Metairie, LA 70001 Type: Office Price: $2,650,000 ($111.04 / SF) Buyer: CLEARVIEW GROUP PROPERTIES LLC Elifin's Notes: Clearview Group Properties purchases an multi-tenant office property, adjacent to the Lakeside Hospital. 1200 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $1,800,000 ($163.64 / SF) Buyer: WHITNEY...

25 Nov The Pulse BR: 7Brew property sells on Essen Lane

Posted at 09:35h 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 5117 Essen Lane, Baton Rouge, LA 70809 Type: Retail Price: $2,563,163 ($3,203.95 / SF) Buyer: Getty Leasing Elifin's Notes: Getty Realty, a New York-based real estate investment firm, purchases the 7Brew coffee chain property on Essen Lane. Lot 7 Grizzly Way, Baton Rouge, LA 70817 Type: Land Price: $1,982,292 ($13.54...

18 Nov The Pulse LFT: Car wash sells along West Willow Street

Posted at 09:32h 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 4101 W Pinhook Rd, Broussard, LA 70518 Type: Land Price: $229,218 ($1.52 / Land SF) Buyer: ROMERO, CLAYTON A Elifin's Notes: A 3.4+ acre parcel of land sells along West Pinhook Road. 804 N Pierce St, Lafayette, LA 70501 Type: Retail Price: $147,500 ($295.00 / SF) Buyer: SYNERGY ENTERPRISES LLC Elifin's Notes: A self-serve car...

18 Nov The Pulse NOLA: Self-Storage center sells along Earhart Boulevard

Posted at 09:24h 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 16 W 23rd St, Kenner, LA 70062 Type: Industrial Price: $1,250,000 ($155.82 / SF) Buyer: All Star Properties, LLC Elifin's Notes: All Star Properties purchases a NNN-leased industrial portfolio, with one property in Kenner & the other in Lafayette. 2719 Marietta St, Kenner, LA 70062 Type: Industrial Price: $700,000 ($140.00 / SF) Buyer:...

18 Nov The Pulse BR: Hexion Chemical property sold in Geismar

Posted at 09:24h 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 47.506 Acres S Burnside Ave, Gonzales, LA 70737 Type: Land Price: $2,350,000 ($1.14 / Land SF) Buyer: Priceco West LC Elifin's Notes: Priceco West, L.C. has acquired a 47+ acre parcel of land. 9288 Hwy 75, Geismar, LA 70734 Type: Industrial Price: $1,703,548 ($227.14 / SF) Buyer: Reg Geismar LLC Elifin's Notes:...

18 Nov Market Report – Lafayette, LA – October 2024

Posted at 08:28h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 2.44% The trailing 12 month total dollar volume of sales was $344.8M at the end of Oct 2024 vs. $353.5M at the end of the prior month. Overall Deal Velocity is up 3.76% The trailing 12 month sale count was 331 at the end of Oct 2024 vs. 319 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Lafayette-LA-October-2024.pdf" attachment_id="13296"...

18 Nov Market Report – New Orleans, LA – October 2024

Posted at 08:27h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 2.53% The trailing 12 month total dollar volume of sales was $804.7M at the end of Oct 2024 vs. $784.9M at the end of the prior month. Overall Deal Velocity is up 2.2% The trailing 12 month sale count was 512 at the end of Oct 2024 vs. 501 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-New-Orleans-LA-October-2024.pdf" attachment_id="13294"...

18 Nov Market Report – Baton Rouge, LA – October 2024

Posted at 08:26h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 3% The trailing 12 month total dollar volume of sales was $412.0M at the end of Oct 2024 vs. $424.8M at the end of the prior month. Overall Deal Velocity is down 4.01% The trailing 12 month sale count was 335 at the end of Oct 2024 vs. 349 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Baton-Rouge-LA-October-2024.pdf" attachment_id="13297"...

11 Nov The Pulse LFT: Former Zip-N car wash sells for 1.15mm

Posted at 09:28h 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 520 Ridge Rd, Lafayette, LA 70506 Type: Retail Price: $1,150,000 ($634.66 / SF) Buyer: ZIP N OPERATING LLC Elifin's Notes: A drive-thru car wash, formerly operated by Zip-N Car Wash, sells at the intersection of Ridge Road and Rue Du Belier. 668 I-10 N Frontage Rd, Scott, LA 70583 Type: Land Price: $750,000...

11 Nov The Pulse NOLA: OM Causeway Realty purchases gas station

Posted at 09:26h 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 4408 S I-10 Service Road W, Metairie, LA 70001 Type: Retail Price: $2,650,000 ($854.84 / SF) Buyer: 4408 CLEARVIEW INVESTMENTS LLC Elifin's Notes: Hamdan Sons Investments purchase a Brother's branded gas station near the Clearview Parkway. 900 N Rampart St, New Orleans, LA 70116 Type: Mixed Portfolio Price: $2,116,375 ($215.39 / SF) Buyer:...