News

Mixed-Use Property in Downtown Donaldsonville sold to Korean Investment Group

May 15, 2026 - Baton Rouge, LA – ELIFIN® is pleased to announce the successful sale of 416-420 Mississippi Street in Donaldsonville, LA. The mixed-use property, located in the heart of Downtown Donaldsonville, was acquired by a Korean investment group with plans to support workforce housing and accommodations tied to the region’s rapidly expanding industrial sector. Lindsay Redhead and Peter Laville...

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Retail center in Mandeville sells for over 3mm

Four commercial sales closed on the Northshore the week of May 11, 2026, totaling $5.37M in disclosed volume. The headline deal: HIGHWAY 23 LLC paid $3.05M ($354.20/SF) for a multi-tenant retail strip center on North Causeway Boulevard in Mandeville. Retail made up three of the four sales, including a vet clinic and adjacent lot on Girod Street for $1.3M, and...

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Donut shop property sells on N University Ave

Five commercial sales closed across Lafayette the week of May 11, 2026, totaling $2.34M in disclosed volume. The headline deal: GOC LANDHOLDINGS LLC paid $600K ($193.30/SF) for the improvements, a convenience store and gas pumps, at 618 Rue Du Belier. The other sales included a QSR property occupied by Louisiana Donuts and Pastries on North University Avenue in Carencro for...

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7Brew Coffee purchases tract of land

Twenty-five commercial sales closed across New Orleans and surrounding markets the week of May 11, 2026, totaling $15.7M in disclosed volume. The headline deal: DUAL FOCUS VISIONARY HOLDINGS LLC paid $1.79M ($154.57/SF) for a multi-unit medical office property on Ridgelake Drive in Metairie. Retail made up seven of the 25 sales and office six, and 7Brew Coffee paid $1M for...

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North Carolina fast-food chain purchases property

Twelve commercial sales closed across Baton Rouge and Ascension the week of May 11, 2026, totaling $14.7M in disclosed volume. The headline deal: Rabies Timber LLC paid $4.2M ($599.06/SF) for a newly constructed convenience store and gas station with an adjacent retail building on Nicholson Drive. Retail made up five of the 12 sales, including Cook Out, the North Carolina-based...

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When the Seller Needs a Strong Price and a Flexible Exit

Alex Ruch and Fabian Edwards of ELIFIN® closed the sale of the industrial property located at 11710 Cloverland Ct in Baton Rouge, LA, with Alex representing the seller and Fabian representing the buyer. Challenge The owner was ready to downsize and relocate his operation, but selling the building did not mean he could vacate overnight. He needed time after closing to wind...

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The Deal That Brought 5551 Corporate Blvd Back to Life

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...

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How to Rezone and Sell at a Premium in 30 Days

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...

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OnPath FCU purchases four properties

Eleven commercial sales closed on the Northshore the week of May 4, 2026, totaling $3.38M in disclosed volume. The headline deal: HER AESTHETICS MEDICAL SPA LLC paid $565K ($245.76/SF) for an office property on West Morris Avenue in Hammond most recently used as a law office. Land made up four of the 11 sales, including two parking lots the City...

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New construction industrial building sold for 2mm

Six commercial sales closed across Lafayette the week of May 4, 2026, totaling $3.73M in disclosed volume. The headline deal: 200 Oil Patch Road LLC paid $2.3M ($167.21/SF) for a newly constructed industrial property with office and warehouse space on Oil Patch Road in Broussard. Land and industrial each accounted for two of the six sales, including a 1+ acre...

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