News

Assured Flooring & Countertops Purchase new HQ on Airline Hwy

August 21, 2024 - Baton Rouge, LA – Alex Ruch, Senior Associate - Industrial Sales & Leasing at ELIFIN®, is proud to announce the successful acquisition of 10530 Airline Highway in Baton Rouge, Louisiana by Assured Flooring & Countertops. The property is approximately 23,570 square feet of showroom, office, and warehouse space and will serve as the new flagship HQ...

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Apprentice Questions: Confidence is a Skill

Today's Apprentice Question is for Peter Laville, Land Specialist in Baton Rouge, Louisiana. [embed]https://youtube.com/shorts/Bi8jyfU7VRM[/embed] Josh: In your opinion, what is the single most important skill to develop when starting out as a young agent? Peter Laville: Be confident about who you are and what you do, no matter what your age is. When you're doing deals and you're in the market, you're at...

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The Pulse NOLA: Two former Jefferson Parish school sites sell

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10542 Jefferson Hwy, New Orleans, LA 70123 Type: Multifamily Price: $1,640,000 ($82,000 / Unit) Buyer: River Ridge Maisonettes, LLC Elifin's Notes: A 20-unit multifamily property sells in River Ridge. 172 Harbor Circle, New Orleans, LA 70126 Type: Industrial Price: $675,000 ($42.19 / SF) Buyer: FAYT INC Elifin's Notes: An industrial property changes hands near...

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The Pulse LFT: Local non-profit SMILE purchases office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 220 Hector Connoly Rd, Carencro, LA 70520 Type: Industrial Price: $2,926,000 ($47.41 / SF) Buyer: FNLR COMPOUNDS MATTER LLC Elifin's Notes: A national real estate investment trust purchases an industrial property in Carencro. 104 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,375,000 ($114.58 / SF) Buyer: T&D PROPERTY CONSULTING LLC Elifin's Notes: A...

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The Pulse BR: Downtown restaurant building sold to owners

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 38278 Highway 74, Gonzales, LA 70737 Type: Mixed-Use Price: $1,000,000 ($76.92 / SF) Buyer: Bully's Investments LLC Elifin's Notes: This commercial property includes: a restaurant, two warehouses, two single family residences, and a mobile home. 5157 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $970,000 ($205.51 / SF) Buyer: 9141...

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Calling Perry Musgrow

[embed]https://youtube.com/shorts/F2QWXoekwBI?si=vJo3jYO7cdMuu8X3[/embed] Fly: I want to know, what is your first memory of buying or selling something? Perry Musgrow: The first house I bought was when my wife was pregnant. We were expecting a son. We closed in August, and my son was born in November. We were in there painting the room blue and everything. I still own that house. It was...

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Calling Mark Segalla

  [embed]https://youtube.com/shorts/g56zEGCVeDU?si=ab6XjWYWYrZ4W-UR[/embed] Fly: I want to know, what is your first memory of buying or selling something? Mark Segalla: In high school, my best friend and I started a lawn care company. We walked around the neighborhood with our push mower because we didn’t have a truck, knocking on doors and waiting for our first "yes." Eventually, we got it up to about...

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Getting to know: Lindsay Redhead

  [embed]https://youtube.com/shorts/29WgZb8QgUA?si=4NdLSLavAHTL9C-3[/embed] Fly: What is your first memory of buying or selling something? Lindsay Redhead: Basically, my parents had a reward system—do chores or make certain grades, and I would earn credit. I distinctly remember that, for some reason, I really wanted this fleece blanket with the Mad Hatter's face on it from Alice in Wonderland, the one with Johnny Depp, which is...

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Career Opportunities in Commercial Real Estate Fall 2024

Are you a student interested in Commercial Real Estate? George Bonvillain, Jr, ELIFIN® Partner and Head of Recruitment and Talent Acquisition, is going on tour this fall to talk about career opportunities as an Associate or in our Apprenticeship Program. - About the ELIFIN® Apprenticeship Program You are an ideal candidate for this position if you are ambitious, hard-working, quick, and throughout college you’ve...

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Market Report – New Orleans, LA – July 2024

Overall Dollar Volume is down 4.59% The trailing 12 month total dollar volume of sales was $756.8M at the end of Jul 2024 vs. $793.2M at the end of the prior month. Overall Deal Velocity is up 1.58% The trailing 12 month sale count was 514 at the end of Jul 2024 vs. 506 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-New-Orleans-LA-July-2024.pdf" attachment_id="12473"...

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