News

11 May The Pulse NOLA: 7Brew Coffee purchases tract of land

Posted at 07:51h 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 3812 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $1,793,000 ($154.57 / SF) Buyer: DUAL FOCUS VISIONARY HOLDINGS LLC Elifin's Notes: A multi-unit medical office property sells on Ridgelake Drive. 6100 Elysian Fields Ave, New Orleans, LA 70122 Type: Office Price: $1,740,000 ($198.90 / SF) Buyer: ELYSIAN PLACE LLC Elifin's Notes: A two-story office...

11 May The Pulse BR: North Carolina fast-food chain purchases property

Posted at 07:48h 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 2615, 2677 Nicholson Dr, Baton Rouge, LA 70802 Type: Retail Price: $4,200,000 ($599.06 / SF) Buyer: Rabies Timber LLC Elifin's Notes: A newly constructed convenience store/gas station with an adjacent retail building sells on Nicholson Drive. 755 W Lee Dr, Baton Rouge, LA 70820 Type: Retail Price: ...

09 May When the Seller Needs a Strong Price and a Flexible Exit

Posted at 14:42h in Results by ELIFIN® 0 Comments

Alex Ruch and Fabian Edwards of ELIFIN® closed the sale of the industrial property located at 11710 Cloverland Ct in Baton Rouge, LA, with Alex representing the seller and Fabian representing the buyer. Challenge The owner was ready to downsize and relocate his operation, but selling the building did not mean he could vacate overnight. He needed time after closing to wind...

09 May The Deal That Brought 5551 Corporate Blvd Back to Life

Posted at 14:40h in Results by ELIFIN® 0 Comments

Fabian Edwards of ELIFIN® represented Scott Berg in both the acquisition and leasing of the office building located at 5551 Corporate Blvd in Baton Rouge, LA. Challenge The nearly 60,000 square foot office building had sat vacant for close to two years following a fire in December 2023 that left significant smoke damage throughout the property. The building needed substantial renovation before...

09 May How to Rezone and Sell at a Premium in 30 Days

Posted at 14:36h in Results by ELIFIN® 0 Comments

Brady Becker and Adrien Foley of ELIFIN® represented the seller in the successful sale of the retail property located at a confidential address in Harahan, LA. Challenge The seller was ready to retire and needed a clean, private disposition on a tight timeline. The property required rezoning through Jefferson Parish before the transaction could close, and with only 90 days to work...

04 May The Pulse Northshore: OnPath FCU purchases four properties

Posted at 09:27h 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 506 W Morris Ave, Hammond, LA 70403 Type: Office Price: $565,000 ($245.76 / SF) Buyer: HER AESTHETICS MEDICAL SPA LLC Elifin's Notes: An office property, most recently utilized as a law office, sells on West Morris Avenue. 3275 Pontchartrain Dr, Slidell, LA 70458 Type: Retail Price: $459,000 ($22.87 / SF) Buyer: JAMHOUR KHALIL Elifin's...

04 May The Pulse LFT: New construction industrial building sold for 2mm

Posted at 09:20h 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 200 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $2,300,000 ($167.21 / SF) Buyer: 200 Oil Patch Road LLC Elifin's Notes: A newly constructed industrial property with office and warehouse space sells on Oil Patch Road. (picture unavailable for the building). 100 Blk Rue Jean Lafitte, Lafayette, LA 70508 Type: Land Price:...

04 May The Pulse NOLA: Large single-family home portfolio sold

Posted at 09:14h 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 1200 Poydras St (Retail Unit), New Orleans, LA 70113 Type: Retail Price: $7,272,000 ($421.08 / SF) Buyer: ANTANTA LLC Elifin's Notes: A Florida-based company acquires the first floor, a retail unit, of the building at 1200 Poydras Street. 840 Sherry Lane, Westwego, LA 70094 Type: Multifamily Price: $3,700,000 ($59,677 / Unit) Buyer:...

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

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 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...

02 May Persistence and Positioning to Grow the Client’s Portfolio

Posted at 15:53h in Results by ELIFIN® 0 Comments

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...