News

06 Jan

Posted at 12:00h in Research, The Pulse by Elifin Realty

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8660 Airline Hwy Price: Price Withheld Buyer: MDC Coastal 12 LLC Elifin's Notes: Realty Income Corporation, a San Diego-based investment firm, purchases the PetSmart near the corner of Airline Hwy and Florida Blvd. 1464 Government St Price: Price Withheld Buyer: 1464 Government Street LLC Elifin's Notes: The owners of Wanderlust by Abby...

30 Dec

Posted at 12:26h in Press Releases by Elifin Realty

DOWNLOAD PDF December 27th, 2019 - Baton Rouge, LA – Mark Segalla, Multifamily Specialist at Elifin Realty, has announced the sale of 4552 Earl Gros Ave in Baton Rouge, LA. This multifamily apartment complex is located in Tigerland, just seconds from LSU’s campus. With the assistance of Elifin Realty, multifamily investors Eric and Susan D. Morrison have added this investment to their...

30 Dec

Posted at 12:00h in Research, The Pulse by Elifin Realty

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11420 Bard Ave Price: $1,100,000 ($25,000 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: New Orleans investor, Max Perret, purchases Sherwood Shadow Condos, a 44-unit complex near the corner of Bard Ave and N Sherwood Forest Dr. 3126, 3150, 3152, 3154 Nicholson Dr Price: $480,000 ($40,000 / Unit) Buyer: Beaurayne...

27 Dec

Posted at 12:00h in Commercial, Content, Insights by Mathew Laborde, CCIM

Commercial real estate is broken down into four major categories: Office Retail Multi-family Industrial But within these four major categories there is a lot of variety. For instance, a retail space could be a small strip mall, a single building, or a full-sized mall. A multi-family property can range from a building that contains four apartments or 100 apartments to a...

23 Dec

Posted at 12:00h in Research, The Pulse by Elifin Realty

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1860 Boulevard de Province Price: $4,567,500 ($21,959 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: The Sable Chase Apartments complex sells to Michigan-based Contour Companies, a firm that specializes in commercial and residential developments and multifamily revitalization. The 208 unit complex is located between Old Hammond Hwy...

23 Dec

Posted at 12:00h in Content, Insights by Mathew Laborde, CCIM

When you’re ready to list your commercial real estate, whether it’s an investment property or a brick and mortar storefront you used for your business, one question looms large: How do I choose the right commercial real estate broker? There are a few things to take into consideration, including the size of the brokerage, their location, and whether or not you connect...

20 Dec

Posted at 13:00h in Commercial, Insights by Mathew Laborde, CCIM

The return on commercial investment property in Baton Rouge can vary, and your goals determine whether or not the percentage return is good or not. Many people who own investment properties are using their returns as retirement income, supplemental or otherwise. For these people, a more secure deal is desirable over a high risk deal where they may lose some money....

19 Dec

Posted at 13:00h in Commercial, Insights by Mathew Laborde, CCIM

While it is indeed a broad term, to put it simply, commercial real estate is every single property short of a single-family residential home. If it's not a single-family detached residential home, condo, or town-home — you can place a safe bet on the fact that it's commercial.    In comparison to residential, commercial real-estate is also often considerably larger spaces than...

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