Overall Dollar Volume is down 7.03% The trailing 12 month total dollar volume of sales was $425.4M at the end of Aug 2024 vs. $457.5M at the end of the prior month. Overall Deal Velocity is down 2.93% The trailing 12 month sale count was 364 at the end of Aug 2024 vs. 375 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Baton-Rouge-LA-August-2024.pdf" attachment_id="12808"...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3154-3156 College Dr, Baton Rouge, LA 70808 Type: Mixed-Use Price: Withheld Buyer: Fulton BatonRougeLA LLC Elifin's Notes: New York-based buyers purchase this multi-tenant mixed-use property on College Dr. Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 429-433 Bourbon St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: CREDC BOURBON STREET LLC Elifin's Notes: A commercial property changes hands in the French Quarter along Bourbon Street. 115 Allen Toussaint Blvd, New Orleans, LA 70124 Type: Retail Price: Withheld Buyer: RCR 115-125 AT VENTURE LLC Elifin's Notes: A multi-tenant retail property...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1933 Youngsville Hwy, Youngsville, LA 70592 Type: Industrial Price: $1,875,000 ($70.45 / SF) Buyer: HIGH END AUTOMOTIVE LLC Elifin's Notes: High-End Automotive purchases their location along the Youngsville Highway. 1540 Johnston St, Lafayette, LA 70503 Type: Retail Price: $510,000 ($195.63 / SF) Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM Elifin's Notes:...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 512 Viaulet Rd, Youngsville, LA 70592 Type: Industrial Price: $3,977,125 ($235.79 / SF) Buyer: TRW HOLDINGS LLC Elifin's Notes: An industrial building with both office and warehouse space sells in Youngsville. 102, 104 Patriot Ave, Lafayette, LA 70508 Type: Land Price: $1,943,000 ($10.33 / Land SF) Buyer: LAFAYETTE REHAB PROPERTY LLC Elifin's Notes: A group...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 13779 Airline Hwy, Baton Rouge, LA 70817 Type: Industrial Price: $1,600,000 ($101.59 / SF) Buyer: ChillCo Inc Elifin's Notes: ChillCo purchases Airline Hwy industrial properties. 2450 N Sherwood Forest Dr, Baton Rouge, LA 70815 Type: Industrial Price: $600,000 ($30.00 / SF) Buyer: Stanton's Appliance Sales & Service Inc Elifin's Notes: Stanton's Appliance...
Today's Question is for Peter Laville, Land Specialist in Baton Rouge, Louisiana. [embed]https://youtube.com/shorts/ojy4Cl8WDAs?feature=share[/embed] What is one mistake you commonly see brokers make when they're just starting out? Peter Laville: I can't really speak to other brokers and their mistakes, but I can tell you the mistakes I made when I was first starting out. Two big ones: When I was cold calling, I...
Are you an LSU student interested in Commercial Real Estate? LSU Tigers! Don’t miss your chance to talk about Careers in Commercial Real Estate. George, LSU Alum and ELIFIN® Head of Recruitment and Talent Acquisition will be at the Fall Business Networking Reception on September 24th. [embed]https://youtube.com/shorts/vpA1TkrBvig[/embed] - About the ELIFIN® Apprenticeship Program You are an ideal candidate for this position if you are ambitious, hard-working,...
Why Crexi is Crushing It on Social Media in Commercial Real Estate [embed]https://youtu.be/kObBVXv9AWY[/embed] Mo Regalado: Crexi is doing an amazing job on social media, hitting the three E's, which is they are entertaining, they’re engaging, and that it’s educational. Like pretty much everything that they put out, I learn something new from it, and that’s absolutely important when it comes to creating...