Fabian Edwards of ELIFIN® represented Scott Berg in both the acquisition and leasing of the office building located at 5551 Corporate Blvd in Baton Rouge, LA. Challenge The nearly 60,000 square foot office building had sat vacant for close to two years following a fire in December 2023 that left significant smoke damage throughout the property. The building needed substantial renovation before...
Brady Becker and Adrien Foley of ELIFIN® represented the seller in the successful sale of the retail property located at a confidential address in Harahan, LA. Challenge The seller was ready to retire and needed a clean, private disposition on a tight timeline. The property required rezoning through Jefferson Parish before the transaction could close, and with only 90 days to work...
A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 506 W Morris Ave, Hammond, LA 70403 Type: Office Price: $565,000 ($245.76 / SF) Buyer: HER AESTHETICS MEDICAL SPA LLC Elifin's Notes: An office property, most recently utilized as a law office, sells on West Morris Avenue. 3275 Pontchartrain Dr, Slidell, LA 70458 Type: Retail Price: $459,000 ($22.87 / SF) Buyer: JAMHOUR KHALIL Elifin's...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $2,300,000 ($167.21 / SF) Buyer: 200 Oil Patch Road LLC Elifin's Notes: A newly constructed industrial property with office and warehouse space sells on Oil Patch Road. (picture unavailable for the building). 100 Blk Rue Jean Lafitte, Lafayette, LA 70508 Type: Land Price:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1200 Poydras St (Retail Unit), New Orleans, LA 70113 Type: Retail Price: $7,272,000 ($421.08 / SF) Buyer: ANTANTA LLC Elifin's Notes: A Florida-based company acquires the first floor, a retail unit, of the building at 1200 Poydras Street. 840 Sherry Lane, Westwego, LA 70094 Type: Multifamily Price: $3,700,000 ($59,677 / Unit) Buyer:...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 645 Highlandia Dr, Baton Rouge, LA 70810 Type: Industrial Price: $2,000,000 ($169.66 / SF) Buyer: L J R Holdings LLC Elifin's Notes: An industrial flex property with multiple buildings including a two-story office building sells on Highlandia Drive. 11710 Cloverland Court, Baton Rouge, LA 70809 Type: Industrial Price: $1,250,000 ($115.74...
Mark Johns of ELIFIN® represented the buyer in the successful acquisition of the industrial property located at 200 Oil Patch Road in Broussard, LA. Challenge The buyer was not someone who came easily. Mark had cold called and left messages for months with no response. When the buyer finally called back, they were candid about why: it was Mark's persistence that earned...
Caden Leblanc of ELIFIN® represented both the seller and buyer in the successful sale of the industrial warehouse and office property located at 178 Trinity Lane in Houma, LA. Challenge The owner had been on Caden's radar for months. Every prospecting call met the same answer: a firm no. The owner had no intention of selling, and that position did not waver...
Fabian Edwards of ELIFIN® represented the seller in the successful sale of the medical office property located at 9237 Bluebonnet Blvd in Baton Rouge, LA. Challenge The owner, a retired physician who had practiced out of the building for years, had leased the property to another doctor with an expectation that the tenant would purchase it when the lease expired. When that...
A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week Parcels 2-S, 4 Wadsworth Pkwy, Mandeville, LA 70448 Type: Land Price: $4,300,000 ($0.69 / Land SF) Buyer: CROSBY DEVELOPMENT COMPANY, L.L.C. Elifin's Notes: A local developer purchases a pair of large tracts of land on either side of I-12 next to the newly developed Gulf South Commerce Park. 21544 Hwy...
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