News

29 Apr

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 Florida St at N Acadian Thwy $405,000 Buyer: Clean Ride LLC $38/SF Elifin's Notes: Vacant retail building across from BR General Mid-City purchased by Todd Graves and Robert Daigrepont, Jr. 1023 Lobdell Blvd $159,000 Buyer: Whitmore Investments LLC $26/SF Elifin's Notes: Office building on Lobdell Blvd sold to Whitmore Investment firm. 13112 Morlaix Ct $400,000 Buyer: NLJG...

24 Apr

Posted at 17:34h in Business, Elifin Weekly, Insights, Leasing, Office by George Bonvillain, Office Specialist

Coworking has become a true buzzword over the past few years since the term was coined in 2005 by Brad Neuberg, the originator of the co-working space. Coworking can be defined as any office or work environment that is shared by various employees. Since its inception in 2005, studies show that there are now more than 18,000 coworking spaces worldwide. In...

22 Apr

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 2875 Iowa St $580,000 Buyer: MAD Investments Inc $39/SF Elifin's Notes: 20 unit apartment complex located in the Nicholson corridor near LSU. 10020 Mammoth Ave $320,000 Buyer: Centerfire Solutions LLC $38/SF Elifin's Notes: NNN leased investment industrial building sold off South Choctaw Dr. 550, 552 Oak Villa Blvd $329,000 Buyer: Edgar D. Serrano $47/SF Elifin's Notes: Multi-tenant property one...

17 Apr

Posted at 17:37h in Business, Commercial, Elifin Weekly, Insights, Investments, Landlords, Leasing, Multifamily by Mark Segalla, Multifamily Specialist

Whether you’re a commercial real estate developer, property owner, or investor, it only makes sense to try to increase the value of your multifamily property prior to putting it on the market for sale. However, in today’s day and age of technological advances, there are a number of “smart” ways to enhance your multifamily property that go far beyond the...

15 Apr

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 3149, 3151 College Dr $1,650,000 Buyer: Vemuri LLC $130/SF Elifin's Notes: College Creek shopping center sold following foreclosure for $1.65 million 15005 Plank Rd $65,000 Buyer: HBH Holding Company LLC $30/SF Elifin's Notes: Flooded, distressed property sold on Plank Road in Baker 12466, 12468 Warfield Ave $95,000 Buyer: Samuel Diaz Property, LLC $48/SF Elifin's Notes: Duplex sold on Warfield...

10 Apr

Posted at 15:31h in Business, Commercial, Elifin Weekly, Insights, Retail, Technology by Will Chadwick, Retail Specialist

Its no secret that E-commerce has become a force to be reckoned with in recent years. In fact, last year online sales of physical products surpassed $500 billion and are projected to eclipse $735 billion by 2023 according to a report done by Statisa. The unquestioned e-commerce leader, Amazon, hit a $1 Trillion market cap last year, joining only Apple...

08 Apr

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 ADDRESS PRICE BUYER SELLER $/SQFT ELIFIN'S NOTES 8323 O'Hara Court $242,000 High Island Meerkats LLC Piperfield's Properties, LLC $93.87 A small, stand alone office building in Tara Place office park 1600 Cottondale Dr $75,000 Husam Sadek and Haneen Bsiasu 1533 Cottondale, LLC $4.49 Corner lot zoned C2 in Broadmoor Plaza Subdivision off of Airline Hwy 9679 Airline Hwy Withheld 9679 Airline Hwy LLC Dallas Salsbury Family...

03 Apr

Posted at 18:15h in Business, Commercial, Elifin Weekly, Industrial, Insights, Technology by Mathew Laborde, CCIM

Social media has become a major part of society’s everyday life. Many professionals and consumers alike start the day by opening their Instagram, Facebook, and Twitter to keep up-to-date with the day’s happenings. In fact, a study by PEW Research Center shows that around 67% of adults in the United States rely on social media sites for news. Even further,...

01 Apr

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 ADDRESS PRICE BUYER SELLER $/SQFT ELIFIN'S NOTES 6836, 6858 Van Gogh Ave $20,000.00 Antonio Latrell Simmons Baton Rouge Metropolitan Lions Club $0.75 Two parcels of land sold in Melrose East subdivision 2143 Plank Rd $282,000.00 Dennis Michael Etherdge, Sr LCJ LLC $31.69 Two free standing industrial buildings that formerly housed an electric motor service company 9800 Florida Blvd Withheld McDonald's Real Estate Company Broadmoor Village Shopping...

27 Mar

Posted at 18:01h in Business, Commercial, Elifin Weekly, Industrial, Insights, Investments, Office Buildings, Opportunity Zones by Mathew Laborde, CCIM

When looking for an industrial property there are a variety of factors that come into play. Although looking for an industrial space can be a bit daunting, especially if you are an unseasoned investor, having the right information and assistance will set you up for success. When you're scouting for a commercial industrial space, it's important to know what your...

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