News

Market Report – New Orleans, LA – April 2025

Overall Dollar Volume is down 4.01% The trailing 12 month total dollar volume of sales was $753.2M at the end of Apr 2025 vs. $784.6M at the end of the prior month. Overall Deal Velocity is up 1.99% The trailing 12 month sale count was 512 at the end of Apr 2025 vs. 502 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-New-Orleans-LA-April-2025.pdf" attachment_id="15869"...

Read More

Market Report – Baton Rouge, LA – April 2025

Overall Dollar Volume is up 4.17% The trailing 12 month total dollar volume of sales was $432.1M at the end of Apr 2025 vs. $414.8M at the end of the prior month. Overall Deal Velocity is down 2.23% The trailing 12 month sale count was 350 at the end of Apr 2025 vs. 358 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Baton-Rouge-LA-April-2025.pdf" attachment_id="15868"...

Read More

Market Report – Lafayette, LA – April 2025

Overall Dollar Volume is down 1.27% The trailing 12 month total dollar volume of sales was $307.5M at the end of Apr 2025 vs. $311.5M at the end of the prior month. Overall Deal Velocity is up 1.01% The trailing 12 month sale count was 301 at the end of Apr 2025 vs. 298 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Lafayette-LA-April-2025.pdf" attachment_id="15867"...

Read More

The Pulse LFT: Youngsville land sells for 2.7mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 116 Alley 3, Lafayette, LA 70506 Type: Industrial Price: $2,700,000 ($64.04 / SF) Buyer: ACADIANA COLD STORAGE LLC Elifin's Notes: Acadiana Cold Storage LLC acquires a cold storage warehouse property on Alley 3. 1300 Blk Detente Rd, Youngsville, LA 70592 Type: Land Price: $2,700,000 ($0.61 / Land SF) Buyer: S & C DEVELOPERS LLC Elifin's...

Read More

The Pulse NOLA: Ochsner facility sells on Veterans

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3601 Behrman Pl, New Orleans, LA 70114 Type: Multifamily Price: $1,600,000 ($14,679 / Unit) Buyer: 3601 BEHRMAN LLC Elifin's Notes: The Landing, a 109-unit senior living facility, changes ownership. 2205 N Hullen St, Metairie, LA 70001 Type: Multifamily Price: $1,530,000 ($85,000 / Unit) Buyer: SILVER LAKE ESTATE LLC Elifin's Notes: Silver Lake Estate LLC...

Read More

The Pulse BR: 37+ Acres sell in Gonzales

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 39120 H Haydel Rd, Gonzales, LA 70737 Type: Land Price: $1,925,000 ($1.16 / Land SF) Buyer: RBD Ascension LLC Elifin's Notes: A Baton Rouge-based entity purchases 37+ acres of land in Gonzales. 7460 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $1,200,000 ($133.33 / SF) Buyer: 7460 Highland LLC Elifin's Notes:...

Read More

The Pulse LFT: A trio of land sales

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Lot 6 Young St, Youngsville, LA 70592 Type: Land Price: $289,000 ($3.11 / Land SF) Buyer: SINGH HOLDINGS LLC Elifin's Notes: Singh Holdings LLC acquires a 2.1+ acre parcel of vacant land on Young Street. 1629 Gendarme Rd, Carencro, LA 70520 Type: Land Price: $275,000 ($0.19 / Land SF) Buyer: TARPLEY LLC Elifin's Notes: A...

Read More

The Pulse NOLA: Oschner Foundation purchases property on Jefferson

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7639 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $1,500,000 ($34.09 / SF) Buyer: K C LINEN LLC Elifin's Notes: An industrial warehouse/office property changes hands on Townsend Place. 455 S Galvez St, New Orleans, LA 70119 Type: Industrial Price: $1,050,000 ($95.45 / SF) Buyer: 451 455 SOUTH GALVEZ LLC Elifin's Notes: An...

Read More

The Pulse BR: College Park Apartments sell near BRCC

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7117 Florida Blvd, Baton Rouge, LA 70806 Type: Office Price: $9,400,000 ($83.40 / SF) Buyer: Dartpoints Operating Company, LLC Elifin's Notes: Dartpoints Operating Company LLC, a Texas-based company, acquires a portion of the Bon Carré Technology Park. 373 Community College Dr, Baton Rouge, LA 70806 Type: Multifamily Price:...

Read More

The Pulse NOLA: Jazz & Heritage Festival acquires old art gallery

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4419, 4425 Utica St, Metairie, LA 70006 Type: Office Price: $2,550,000 ($272.32 / SF) Buyer: SMBC LEASING&FINANCE INC Elifin's Notes: A New York-based entity purchases a dialysis clinic with warehouse space on Utica Street. 840 N Rampart St, New Orleans, LA 70116 Type: Retail Price: $2,300,000 ($363.52 / SF) Buyer: NEW ORLEANS JAZZ...

Read More