After more than 20 years of stable ownership with the same tenant in place, an unexpected vacancy created an urgent situation for the building owner, who needed a fast and reliable solution for the property. Brady Becker and Adrien Foley of ELIFIN® represented both the buyer and seller in the sale of the industrial building located at 2317 Kingston St....
Alex Ruch of ELIFIN® repped the buyer in four property acquisitions along Government Street. Challenge The client set out to acquire four separate properties along Government Street as part of a vision to redevelop the area for a niche retail concept. The properties, however, were owned by three different owners and represented separate transactions with different expectations, timelines, and representation. Coordinating multiple...
A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 520 Johnny F Smith Blvd, Slidell, LA 70460 Type: Industrial Price: $3,500,000 ($108.17 / SF) Buyer: 4228 MAIN STREET PROPERTIES LLC Elifin's Notes: A local construction company associated entity purchases a newly constructed industrial property with showroom, office and warehouse space. Lots 11, 12, 14, 16 Hwy 1088, Mandeville, LA...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 327 Iberia St, Youngsville, LA 70592 Type: Retail Price: $1,926,297 ($103.63 / SF) Buyer: IBERIA STREET HOLDINGS LLC Elifin's Notes: The Youngsville Midtown Square commercial center with multiple tenants changes ownership on Iberia Street. 108, 109 Guernsey Lane, Youngsville, LA 70592 Type: Industrial Price: $1,550,000 ($87.02 / SF) Buyer: STELKIN BASEBALL LLC Elifin's Notes: A...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 115 Focis St, Metairie, LA 70005 Type: Retail Price: $1,500,000 ($307.57 / SF) Buyer: 115-117 FOCIS STREET LLC Elifin's Notes: A multi-tenant retail property sells near Metairie Road. 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $805,252 ($104.04 / SF) Buyer: BB FIBERS LLC Elifin's Notes: A local company purchases an industrial...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 13213, 13259 Perkins Rd, Baton Rouge, LA 70810 Type: Retail Price: $1,350,000 ($129.81 / SF) Buyer: Carlye LLC Elifin's Notes: A pair of local business owners acquire the Perkins Plaza retail strip center. 5917 Jones Creek Rd, Baton Rouge, LA 70817 Type: Office Price: $662,500 ($64.75 /...
Mark Johns of ELIFIN® successfully assisted Omega Protein in securing a large, SIP-compliant warehouse facility on an accelerated timeline after an initial site fell through. Challenge Omega Protein, a division of Cooke Inc, the largest privately owned seafood company in the world, needed to secure a large warehouse facility to support its operations. Initially, Omega Protein submitted an offer on a property...
Through careful negotiation and creative deal structuring, ELIFIN® guided a transaction with conflicting occupancy expectations to a smooth and timely closing. Challenge As the transaction progressed, a key issue emerged regarding post-closing occupancy. The buyer required the property to be delivered fully vacant in order to execute immediate operational plans and avoid disruption to future use of the asset. At the same...
Mark Johns of ELIFIN® represented both the seller and buyer in the successful sale of the ±26,500 SF industrial office/warehouse located at 211 Diesel Dr in Scott, LA. Challenge The seller was ready to retire and needed more than just a buyer. He needed a clear and orderly path to closing. The property carried several encumbrances that created significant complexity, requiring full...
2025 South Louisiana Land Sales: Transaction SummaryA comprehensive analysis of 283 commercial land transactions totaling $174.3 million across South Louisiana's major markets.Land is the foundation of every commercial real estate project — and in 2025, South Louisiana's land market showed strong activity. Across Greater Baton Rouge, Greater New Orleans, and Lafayette, ELIFIN tracked 283 commercial land sales totaling $174.3 million...
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