News

The Pulse BR: Industrial property on Highlandia sold for 2mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 645 Highlandia Dr, Baton Rouge, LA 70810 Type: Industrial Price: $2,000,000 ($169.66 / SF) Buyer: L J R Holdings LLC Elifin's Notes: An industrial flex property with multiple buildings including a two-story office building sells on Highlandia Drive. 11710 Cloverland Court, Baton Rouge, LA 70809 Type: Industrial Price: $1,250,000 ($115.74...

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Persistence and Positioning to Grow the Client’s Portfolio

Mark Johns of ELIFIN® represented the buyer in the successful acquisition of the industrial property located at 200 Oil Patch Road in Broussard, LA. Challenge The buyer was not someone who came easily. Mark had cold called and left messages for months with no response. When the buyer finally called back, they were candid about why: it was Mark's persistence that earned...

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From Hard No to Off-Market Close in 45 Days

Caden Leblanc of ELIFIN® represented both the seller and buyer in the successful sale of the industrial warehouse and office property located at 178 Trinity Lane in Houma, LA. Challenge The owner had been on Caden's radar for months. Every prospecting call met the same answer: a firm no. The owner had no intention of selling, and that position did not waver...

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Maximizing Price and Minimizing Vacancy Time

Fabian Edwards of ELIFIN® represented the seller in the successful sale of the medical office property located at 9237 Bluebonnet Blvd in Baton Rouge, LA. Challenge The owner, a retired physician who had practiced out of the building for years, had leased the property to another doctor with an expectation that the tenant would purchase it when the lease expired. When that...

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The Pulse Northshore: Hidden Oaks campground sold for 2.3mm

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week Parcels 2-S, 4 Wadsworth Pkwy, Mandeville, LA 70448 Type: Land Price: $4,300,000 ($0.69 / Land SF) Buyer: CROSBY DEVELOPMENT COMPANY, L.L.C. Elifin's Notes: A local developer purchases a pair of large tracts of land on either side of I-12 next to the newly developed Gulf South Commerce Park. 21544 Hwy...

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The Pulse LFT: 8 acres sold on Ambassador Caffery

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 600 Blk Ambassador Caffery Pkwy, Lafayette, LA 70583 Type: Land Price: $1,250,000 ($3.57 / Land SF) Buyer: LAFAYETTE 600 AMBASSADOR CAFFERY LLC Elifin's Notes: An 8+ acre parcel of land sells on Ambassador Caffery Parkway in Scott. 606, 618 N University Ave, Lafayette, LA 70506 Type: Industrial Price: $700,000 ($34.68 / SF) Buyer: RITE...

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The Pulse NOLA: California company purchases Walnut Square apartments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2564 Barataria Blvd, Marrero, LA 70072 Type: Retail Price: $2,150,000 ($231.53 / SF) Buyer: BZCP MARRERO LA LLC Elifin's Notes: A New York-based company purchases a CVS Pharmacy property on Barataria Boulevard. 3100 19th St, Metairie, LA 70002 Type: Retail Price: $2,047,933 ($172.46 / SF) Buyer: NORBO PROPERTIES LAKEVIEW LLC Elifin's Notes: The former...

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The Pulse BR: One acre sold for 2.1mm on Corporate Blvd

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6849 Corporate Blvd, Baton Rouge, LA 70809 Type: Land Price: $2,136,618 ($30.00 / Land SF) Buyer: Synergy Bank Elifin's Notes: A 1+ acre parcel of land sells next to the Reserve at Cedar Lodge on Corporate Boulevard. 3202, 3230 Iowa St, Baton Rouge, LA 70802 Type: Multifamily Price:...

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Market Report – Lafayette, LA – March 2026

Overall Dollar Volume is down 10.52% The trailing 12 month total dollar volume of sales was $387.5M at the end of Mar 2026 vs. $433.1M at the end of the prior month. Overall Deal Velocity is up 2.35% The trailing 12 month sale count was 349 at the end of Mar 2026 vs. 341 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/04/Market-Report-Lafayette-LA-March-2025.pdf" attachment_id="20482"...

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Market Report – New Orleans, LA – March 2026

Overall Dollar Volume is up 4.38% The trailing 12 month total dollar volume of sales was $994.3M at the end of Mar 2026 vs. $952.5M at the end of the prior month. Overall Deal Velocity is up 0.93% The trailing 12 month sale count was 543 at the end of Mar 2026 vs. 538 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/04/Market-Report-New-Orleans-LA-March-2025.pdf" attachment_id="20483"...

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