News

Lafayette Parish Government purchases industrial property

The October 5, 2026 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.88M in disclosed volume. The headline deal: LAFAYETTE PARISH, through the Lafayette Government Office, paid $845K ($103.55/SF) for an industrial property on Easy Street in Lafayette. Industrial led the week with two of the three sales, including a renovated flex space with office and...

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Soniat House hotel sells to Dallas buyer

The October 5, 2026 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.3M in disclosed volume. The headline deal: COASTLINE CONSTRUCTION AND RENOVATION, LLC paid $1.53M ($36.77/SF) for an industrial warehouse on the Industrial Canal at 5600 Hayne Boulevard in New Orleans East. Retail led the week with five of the fourteen...

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Tractor Supply property in Prairieville sold to REIT

The October 5, 2026 issue covers fifteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $23.2M in disclosed volume. The headline deal: Grigsby Properties LLC paid $7.17M ($220.35/SF) for an office property on Highlandia Drive in Baton Rouge. Retail led the week with five of the fifteen sales, including a publicly traded net-lease REIT's $6.77M purchase...

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9297 Hwy 979, Livonia, LA

77-Acre Training Facility Sold on a Revived Deal

Jacob Loveland of ELIFIN® represented the seller in the successful sale of the 77.01-acre property located at 9297 Hwy 979 in Livonia, LA. Challenge The property was unlike anything else on the market. Seventy-seven acres with a ±16,911 SF training facility and two additional buildings in a sparsely populated area is not the kind of asset that attracts a wide buyer pool....

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3250 and 3270 Carlotta St, Baton Rouge, LA

Baton Rouge Multifamily Buyer Lands Bank-Owned Deal

Jonathan Duhon of ELIFIN® represented the buyer in the successful acquisition of the 14-unit multifamily property located at 3250 and 3270 Carlotta St in Baton Rouge, LA. Challenge The property had been on the market for over a year and had already cycled through multiple price reductions, dropping from over $2 million down to $1.5 million before the bank took it back....

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3116 Metairie Rd, Metairie, LA

Targeted Marketing Finds the Right Buyer for a Metairie Redevelopment

Adrien Foley and Brady Becker of ELIFIN® represented the seller in the successful sale of the ±3,600 SF retail property located at 3116 Metairie Rd in Metairie, LA. Challenge The property had been the home of the family business for years, and selling it meant closing a chapter that carried real history. But beyond the sentimental weight of the decision, the building...

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Market Report – Baton Rouge, LA – August 2026

Overall Dollar Volume is down 3.04% The trailing 12 month total dollar volume of sales was $887.8M at the end of Aug 2026 vs. $915.7M at the end of the prior month. Overall Deal Velocity is down 1.81% The trailing 12 month sale count was 434 at the end of Aug 2026 vs. 442 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-Baton-Rouge-LA-August-2026.pdf" attachment_id="22392"...

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Market Report – New Orleans, LA – August 2026

Overall Dollar Volume is up 5.67% The trailing 12 month total dollar volume of sales was $1.186B at the end of Aug 2026 vs. $1.122B at the end of the prior month. Overall Deal Velocity is up 0.86% The trailing 12 month sale count was 588 at the end of Aug 2026 vs. 583 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-New-Orleans-LA-August-2026.pdf" attachment_id="22390"...

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Market Report – Lafayette, LA – August 2026

Overall Dollar Volume is down 1.67% The trailing 12 month total dollar volume of sales was $399.4M at the end of Aug 2026 vs. $406.1M at the end of the prior month. Overall Deal Velocity is up 1.52% The trailing 12 month sale count was 335 at the end of Aug 2026 vs. 330 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-Lafayette-LA-August-2026.pdf" attachment_id="22388"...

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Harbor Freight Tools building on Lapalco Blvd sold

The September 28, 2026 issue covers eighteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.4M in disclosed volume. The headline deal: AUDUBON DEVELOPMENT LLC paid $4.45M ($158,929/unit) for a 28-unit multifamily property on Saint Charles Avenue. Industrial made up six of the 18 sales, including two properties in Elmwood Business Park bought by GALVANIZED...

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