News

02 Feb The Pulse BR: $30mm permit issued for Our Lady of The Lake

Posted at 09:04h 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 17363 Vallee Ct, Prairieville, LA 70769 Type: Industrial Price: $465,000 ($66.43 / SF) Buyer: Intense Volleyball L3C Elifin's Notes: An industrial property with a pair of connected metal warehouses sells on Vallee Court. 41063 Don Lou Dr, Gonzales, LA 70737 Type: Industrial Price: $430,000 ($86.00 / SF) Buyer: Owens, Casey John Elifin's...

28 Jan Strategic Coordination Drives a Successful Net Lease Sale

Posted at 07:56h in Results by ELIFIN® 0 Comments

ELIFIN®’s Adrien Foley and Brady Becker, represented both parties on the sale of the auto repair property at 2118 Kenner Ave in Kenner, LA. Challenge This transaction involved a net lease sale with multiple sophisticated parties. The tenant, Gerber, is a national credit tenant, and the buyer, Agree Realty, is a publicly traded REIT. As a result, the deal required navigating...

28 Jan Resolving Inspection Negotiations to Achieve a Win-Win Sale

Posted at 07:53h in Results by ELIFIN® 0 Comments

The 5,400 square foot retail property located at 3212 W Esplanade Ave N sold to Fleurty Girl owner for $1.25 million. Adrien Foley and Brady Becker of ELIFIN® represented the seller in this transaction. Challenge Brady and Adrien were tasked with selling the former Quality Seeds location. After successfully finding a buyer, during the due diligence phase, inspection findings led the buyer...

28 Jan Repositioning a Stalled Listing for a Successful Sale

Posted at 07:50h in Results by ELIFIN® 0 Comments

ELIFIN® agents, Peter Laville and Lindsay Redhead, facilitated the sale of an 18.14 acre tract of land off Florida Blvd in Baton Rouge. Challenge This opportunity was more than a single transaction; it was a long-term pursuit. Peter and Lindsay initially pitched to the owner of the property more than a year before actually securing the listing. In 2024, the seller...

26 Jan The Pulse Northshore: Restaurant property in Covington sold

Posted at 09:46h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 273 General Patton Ave, Mandeville, LA 70471 Type: Industrial Price: $635,000 ($100.79 / SF) Buyer: LOUISIANA REVITALIZATION FUND LLC Elifin's Notes: A newly constructed industrial property sells off of Highway 59 in Mandeville. 27061 Louisiana 435, Abita Springs, LA 70420 Type: Land Price: $485,000 ($0.39 / Land SF) Buyer: MARK & KASEY LLC Elifin's...

26 Jan The Pulse LFT: 101 acres sold in Broussard

Posted at 09:41h 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 400 Blk, 435 Bayou Tortue Rd; 200 Blk Lafferty Dr, Broussard, LA 70518 Type: Land Price: $2,050,000 ($0.46 / Land SF) Buyer: PLATINUM BUSINESS PROPERTY LLC Elifin's Notes: A set of three parcels of land totaling more than 101 acres sells off of Bayou Tortue Road. 617 Stewart St, Lafayette, LA...

26 Jan The Pulse NOLA: Poydras Tower sold

Posted at 09:28h 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 1012 Harimaw Ct E, Metairie, LA 70001 Type: Industrial Price: $1,525,000 ($96.57 / SF) Buyer: THWG LLC Elifin's Notes: An industrial property changes hands within Metairie's Labarre Business Park. 6101 Chatham Dr, New Orleans, LA 70122 Type: Land Price: $977,500 ($8.50 / Land SF) Buyer: DEUX SAINT LLC Elifin's Notes: This 2.64 acre parcel...

26 Jan The Pulse BR: Elevate Church purchases retail center in Baker

Posted at 09:28h 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 12250 Plank Rd, Baton Rouge, LA 70811 Type: Retail Price: $1,200,000 ($15.58 / SF) Buyer: Elevate Church Baton Rouge Inc Elifin's Notes: A former grocery anchored retail center property changes ownership at the corner of Plank Road and Comite Drive. 2941 S Ruby St, Gonzales, LA...

20 Jan When Timing Matters Most

Posted at 21:50h in Results by ELIFIN® 0 Comments

ELIFIN® Industrial Sales and Leasing Specialists, Alex Ruch and Cade McNabb, represented both parties in the sale of the property located at 11135 Airline Hwy. Challenge The primary challenge in this transaction was timing. At the time Alex and Cade took this listing, the property was fully-occupied with an existing lease. After hitting the market, they found an interested buyer but they...

20 Jan From Global Negotiations to Local Growth

Posted at 21:44h in Results by ELIFIN® 0 Comments

Mark Johns of ELIFIN® successfully represented both the landlord and tenant in the lease of the 144,000-square-foot industrial property located at 302 Klaby Meaux Rd in Kaplan, LA. Challenge After being presented with an opportunity to bring a major new tenant to town for the City of Kaplan, Mark encountered a unique set of hurdles to lease up this large warehouse...