News

20 Apr The Pulse LFT: ELIFIN is growing and hiring + Last week’s sales

Posted at 09:00h 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 300 Blk Glaser Dr, Lafayette, LA 70508 Type: Land Price: $832,650 ($0.80 / Land SF) Buyer: TRAILS AT LANGLINAIS ESTATES LLC THE Elifin's Notes: A 23+ acre parcel of land sells in Broussard. 301 Breakwater Dr, Lafayette, LA 70507 Type: Industrial Price: $730,000 ($100.21 / SF) Buyer: ER INVESTMENTS LLC Elifin's Notes: An industrial warehouse...

20 Apr The Pulse NOLA: ELIFIN is growing and hiring + Last week’s sales

Posted at 08:54h 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 4227, 4229 Royal St, New Orleans, LA 70117 Type: Industrial Price: $1,150,000 ($70.23 / SF) Buyer: T & G INVESTMENTS LLC Elifin's Notes: An industrial warehouse property occupied by a marine supply company sells on Royal Street. 4713 Utica St, Metairie, LA 70006 Type: Office Price: $623,000 ($150.30 / SF) Buyer: IUEC LOCAL...

20 Apr The Pulse BR: ELIFIN is growing and hiring + Last week’s sales

Posted at 08:43h 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 2706 S Cabela's Pkwy, Gonzales, LA 70737 Type: Retail Price: $3,750,000 ($255.10 / SF) Buyer: Pertuit Family LLC Elifin's Notes: A group of local buyers purchase a retail strip center near Bass Pro Shops in Gonzales. 5258 Dijon Dr, Baton Rouge, LA 70808 Type: Office Price: $3,112,000...

13 Apr The Pulse Northshore: Kansas-based fireworks wholesaler purchases property

Posted at 10:16h 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 18120 Old Covington Hwy, Hammond, LA 70403 Type: Industrial Price: $2,900,000 ($41.17 / SF) Buyer: WINCO FIREWORKS INTERNATIONAL LLC Elifin's Notes: A Kansas-based fireworks wholesaler purchases a former food distribution facility. 10549 Hwy 440, Kentwood, LA 70444 Type: Industrial Price: $525,000 ($17.50 / SF) Buyer: CAM2 INTERNATIONAL LLC Elifin's Notes: A local company purchases...

13 Apr The Pulse LFT: 40 acres in Youngsville sold to developer

Posted at 10:12h 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 900 W Pont Des Mouton Rd, Lafayette, LA 70507 Type: Industrial Price: $1,462,500 ($91.41 / SF) Buyer: Calco Investments LLC Elifin's Notes: An industrial property on 1.8 acres sells on Pont Des Mouton Road. Lot 3 Piat Rd, Youngsville, LA 70592 Type: Land Price: $1,085,211 ($0.62 / Land SF) Buyer: LAKE IVY LLC Elifin's Notes:...

13 Apr The Pulse NOLA: One Canal Place sold for 27.8mm

Posted at 10:08h 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 365 Canal St, New Orleans, LA 70130 Type: Office Price: $27,875,000 ($42.72 / SF) Buyer: AGGREGATED HOLDINGS OF NEW ORLEANS LLC Elifin's Notes: A New York-based entity purchases One Canal Place, a 32-story 650k sq ft office tower. 7001 Lawrence Rd, New Orleans, LA 70126 Type: Multifamily Price: $3,750,000 ($14,259 / Unit) Buyer:...

13 Apr The Pulse BR: Florida aviation company purchases property at BTR

Posted at 10:07h 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 6959 Commerce Cir, Baton Rouge, LA 70809 Type: Land Price: $975,000 ($19.98 / Land SF) Buyer: B2 Investments Commerce Circle LLC Elifin's Notes: A 1+ acre parcel of commercial land sells within the Towne Center development. 12666 Jefferson Hwy, Baton Rouge, LA 70816 Type: Self-Storage Price: $582,500 ($6,773 / Unit) Buyer:...

11 Apr How Aggressive Outreach Makes Deals Happen

Posted at 21:01h in Results by ELIFIN® 0 Comments

Adrien Foley of ELIFIN® represented both the seller and buyer in the successful sale of the property located at 83 23rd St in Kenner, LA. Challenge The property had sat on the market for over a year with another brokerage, generating little traction in a corridor that should have had no shortage of qualified buyers. When the listing was transferred to Adrien,...

11 Apr A Land Donation for the Perfect Acquisition

Posted at 17:32h in Results by ELIFIN® 0 Comments

Jacob Loveland of ELIFIN® represented the buyer in the successful acquisition of the property located at 411 Colonial Dr in Baton Rouge, LA. Challenge Jacob had been working with this buyer for two years searching for the right property. Option after option failed to meet their needs, and the pool of viable candidates was shrinking. When 411 Colonial Dr emerged as a...

11 Apr Structuring a Lease for Flexibility in a Tight Market

Posted at 09:32h in Results by ELIFIN® 0 Comments

Alex Ruch of ELIFIN® represented the landlord in the successful leasing of the property located at 216 Pont Des Mouton Rd in Lafayette, LA. Challenge A tenant looking to expand into the Lafayette market had a specific requirement: dock access. Supply of dock-equipped industrial space in the market was extremely limited, and the only viable option was a building that exceeded what...