News

26 Mar Market Report – Baton Rouge, LA – February 2025

Posted at 15:30h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 7.08% The trailing 12 month total dollar volume of sales was $374.6M at the end of Feb 2025 vs. $403.1M at the end of the prior month. Overall Deal Velocity is down 0.57% The trailing 12 month sale count was 348 at the end of Feb 2025 vs. 350 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/03/Market-Report-Baton-Rouge-LA-February-2025.pdf" attachment_id="14378"...

24 Mar The Pulse NOLA: Luxury apartments sell for over 33mm

Posted at 09:10h 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 2651 Poydras St, New Orleans, LA 70119 Type: Multifamily Price: $33,151,001 ($132,604 / Unit) Buyer: 2651 POYDRAS LLC Elifin's Notes: The Marquis Luxury Apartments, 250 units, changes ownership at Poydras Street and South Broad Street. 2221 N Hullen St, Metairie, LA 70005 Type: Multifamily Price: $1,600,000 ($88,889 / Unit) Buyer: NORTH HULLEN APARTMENTS...

24 Mar The Pulse LFT: Newly constructed multifamily complex sells

Posted at 09:09h 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 508 E Main St, Broussard, LA 70518 Type: Multifamily Price: $1,222,500 ($152,813 / Unit) Buyer: DMCC HOLDINGS LLC Elifin's Notes: DMCC Holdings LLC acquires a newly constructed 8-unit, 2BR/2BA, townhome property in Broussard. 300 Rue Beauregard Rd (Unit I), Lafayette, LA 70508 Type: Office Price: $865,000 ($221.17 / SF) Buyer: STRONGHOLD GROUP LLC Elifin's Notes:...

24 Mar The Pulse BR: City of Central acquires Sullivan Road property

Posted at 09:08h 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 14140 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Retail Price: $950,000 ($93.56 / SF) Buyer: A P Dodson, LLC Elifin's Notes: A P Dodson LLC purchases the former Mike Anderson's restaurant property on Greenwell Springs Road. 11575 Sullivan Rd, Baton Rouge, LA 70818 Type: Retail Price: $760,000 ($400.63 /...

17 Mar The Pulse NOLA: Arbor Place Apartments sell for 7.6mm

Posted at 09:07h 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 735 Heritage Ave, Terrytown, LA 70056 Type: Multifamily Price: $7,610,000 ($55,956 / Unit) Buyer: ARBOR PLACE LLC Elifin's Notes: The Arbor Place Apartments, consisting of 136 units, changes hands on Heritage Avenue in Terrytown. 801, 805 Distributors Row, New Orleans, LA 70123 Type: Industrial Price: $1,790,000 ($82.87 / SF) Buyer: IHTSW INVESTMENTS Elifin's Notes:...

17 Mar The Pulse LFT: Retail property sells for 24.99mm

Posted at 09:06h 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 201 Spring Farm Rd, Lafayette, LA 70508 Type: Retail Price: $24,993,103 ($1,125.16 / SF) Buyer: EPRT TENNESSEE PROPERTIES LLC Elifin's Notes: A Tennessee-based property trust purchases the Dave & Buster's retail property near Our Lady of Lourdes. 116 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $170,000 ($48.53 / SF) Buyer: PICARD, GAGE DALE Elifin's...

17 Mar The Pulse BR: Former dental office sells

Posted at 09:06h 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 2726 Continental Dr, Baton Rouge, LA 70808 Type: Office Price: $1,000,000 ($104.23 / SF) Buyer: MJRJ Properties LLC Elifin's Notes: A dental office property, remodeled into a wellness clinic, changes ownership on Continental Drive. 9509 Jefferson Hwy, Baton Rouge, LA 70809 Type: Land Price: $720,000 ($13.71 / Land SF) Buyer: Ryan...

11 Mar ELIFIN® Announces New Vice Presidents and Senior Associates

Posted at 15:52h in News, Press Releases by ELIFIN® 0 Comments

March 11, 2025 – Baton Rouge, LA – ELIFIN®, a leading commercial real estate brokerage firm, is proud to announce the promotion of four outstanding team members, recognizing their exceptional contributions and commitment to the firm's continued growth. In a significant advancement, Alex Ruch (Industrial Sales & Leasing Specialist) and Fabian Edwards (Office Sales & Leasing Specialist) have been promoted to...

10 Mar The Pulse LFT: Two hotels sell in Lafayette

Posted at 09:09h 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 1720 Kaliste Saloom Rd (Units B6, B7), Lafayette, LA 70508 Type: Office Price: $250,000 ($125.00 / SF) Buyer: LE CARRE PROPERTIES LLC Elifin's Notes: A pair of office units sell within the Le Carre Office Park. 2225 NW Evangeline Thwy, Lafayette, LA 70501 Type: Hospitality Price: Withheld Buyer: BAPU 8 OF LAFAYETTE LLC Elifin's Notes:...

10 Mar The Pulse NOLA: Restaurant and bar portfolio sells

Posted at 09:07h 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 4704 Veterans Memorial Blvd, Metairie, LA 70006 Type: Retail Price: $3,475,000 ($259.79 / SF) Buyer: AREA 55 LLC Elifin's Notes: A retail strip center sells along Veterans Memorial Boulevard in Metairie. 117 Central Dr, Metairie, LA 70005 Type: Industrial Price: $475,000 ($121.79 / SF) Buyer: 117 CENTRAL DRIVE LLC Elifin's Notes: An industrial property...