News

14 Apr The Pulse NOLA: Former Federal Reserve building sells in CBD

Posted at 09:33h 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 147 Carondelet St, New Orleans, LA 70112 Type: Office Price: $3,500,000 ($83.49 / SF) Buyer: OLD FEDERAL RESERVE LLC Elifin's Notes: The former Federal Reserve branch building sells in the CBD. 1820 L and A Rd, Metairie, LA 70001 Type: Industrial Price: $1,715,000 ($107.19 / SF) Buyer: FOUR RIVERS PROPERTIES LLC Elifin's Notes: An...

14 Apr The Pulse BR: Waste Pro purchases 26+ acres

Posted at 09:33h 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 6535 Industrial Dr, Geismar, LA 70734 Type: Industrial Price: $34,450,000 ($172.25 / SF) Buyer: Rivermark SP Realty LLC; Rivermark MS Realty LLC Elifin's Notes: A pair of New York based entities purchase the industrial property occupied by Marucci Sports and two other tenants in Geismer. 12949 Leisure Rd,...

07 Apr The Pulse LFT: 191-Unit apartment complex sells

Posted at 09:25h 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 110 Matrix Loop, Lafayette, LA 70507 Type: Industrial Price: $1,525,000 ($84.72 / SF) Buyer: LAFAYETTE PROPERTY PARTNERS LLC Elifin's Notes: Lafayette Property Partners, a Florida limited liability company, acquires an industrial warehouse property on Matrix Loop near Carencro. 208, 220 Heymann Blvd, Lafayette, LA 70503 Type: Office Price: $1,316,000 ($116.84 / SF) Buyer: 210...

07 Apr The Pulse NOLA: Strip center sells at Algiers Plaza

Posted at 09:22h 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 1105 Veterans Memorial Blvd (Land Only), Metairie, LA 70005 Type: Land Price: $2,650,000 ($85.68 / Land SF) Buyer: KMHSHELL LLC Elifin's Notes: KMHShell LLC purchases a parcel of land, not including the improvements, next to a gas station/convenience store which they currently own. 2831 St Claude Ave, New Orleans, LA...

07 Apr The Pulse BR: Healthcare property changes hands for 6.1mm

Posted at 09:22h 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 4728 Constitution Ave, Baton Rouge, LA 70808 Type: Hospitality Price: $18,000,000 ($61,224 / Unit) Buyer: APM Property Holdings LLC Elifin's Notes: The Crowne Plaza Hotel, with 294 rooms, sells on Constitution Avenue near I-10. 4040 North Blvd, Baton Rouge, LA 70806 Type: Healthcare Price: $6,100,000 ($170.70 / SF) Buyer: Community Development...

04 Apr Market Report – Ascension Parish, LA – Q1 2025

Posted at 12:12h in Insights, Market Report: Ascension Parish, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 1.87% The trailing 12 month total dollar volume of sales was $138.8M at the end of Mar 2025 vs. $136.2M at the end of the prior month. Overall Deal Velocity is down 2.35% The trailing 12 month sale count was 83 at the end of Mar 2025 vs. 85 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/04/Market-Report-Ascension-Parish-LA-Q1-2025.pdf" attachment_id="14454"...

31 Mar The Pulse NOLA: Extra Space Storage facility sells for 29.6mm

Posted at 09:22h 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 4866 Tchoupitoulas St, New Orleans, LA 70115 Type: Self-Storage Price: $29,600,000 ($34,180 / Unit) Buyer: EXTRA SPACE PROPERTIES TWO LLC Elifin's Notes: The Extra Space Storage facility on Tchoupitoulas Street sells near F&M's Patio Bar. 211 Camp St, New Orleans, LA 70170 Type: Hospitality Price: $1,675,600 Buyer: INTERNATIONAL HOUSE L L C Elifin's Notes:...

31 Mar The Pulse LFT: Southpark Center sells for 1.8mm

Posted at 09:21h 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 209 Southpark Rd, Lafayette, LA 70508 Type: Mixed-Use Price: $1,805,000 ($69.42 / SF) Buyer: CASTLE ROW LLC Elifin's Notes: Castle Row LLC acquires Southpark Center, a mixed-use property on Southpark Road. 155, 201 High Meadows Blvd, Lafayette, LA 70507 Type: Multifamily Price: $456,000 ($38,000 / Unit) Buyer: DBC BAYOU RENTALS LLC Elifin's Notes: DBC Bayou...

31 Mar The Pulse BR: Duvic’s Martini Bar property sells to local investors

Posted at 09:21h 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 2854 Kalurah St, Baton Rouge, LA 70808 Type: Retail Price: $1,150,000 ($341.25 / SF) Buyer: Kalurah Christian Properties LLC Elifin's Notes: Duvic's Martini Bar property sells to a group of local investors. 5013 Baker Blvd, Baker, LA 70714 Type: Multifamily Price: $560,000 ($62,222 / Unit) Buyer: Epic Management Solutions, LLC Elifin's Notes:...

26 Mar Market Report – New Orleans, LA – February 2025

Posted at 15:32h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 0.65% The trailing 12 month total dollar volume of sales was $792.5M at the end of Feb 2025 vs. $787.4M at the end of the prior month. Overall Deal Velocity is up 0.4% The trailing 12 month sale count was 507 at the end of Feb 2025 vs. 505 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/03/Market-Report-New-Orleans-LA-February-2025.pdf" attachment_id="14379"...