News

The Pulse LFT: Local investors purchase renowned downtown building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Jefferson St; 500 S Buchanan St, Lafayette, LA 70501 Type: Mixed-Use Price: $2,600,000 ($173.33 / SF) Buyer: WALKING ANTIQUE LLC Elifin's Notes: A local pair purchases the renowned mixed-use property featuring an event space and restaurant on the ground floor and apartments on the second, along with an adjacent...

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The Pulse NOLA: The Exchange Pickleball property sold to Illinois company

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 460 Josephine St; 2120 Rousseau St, New Orleans, LA 70130 Type: Retail Price: $5,200,000 ($281.10 / SF) Buyer: CSH 2120 ROUSSEAU LLC Elifin's Notes: An Illinois-based company acquires a former warehouse turned pickle ball amusement space. 4841 Zenith St, Metairie, LA 70001 Type: Multifamily Price: $1,200,000 ($100,000 / Unit) Buyer: 4841 ZENITH STREET...

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The Pulse BR: Medical office property sells for $246/sqft on Jefferson

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7417 Jefferson Hwy, Baton Rouge, LA 70806 Type: Office Price: $1,149,500 ($246.20 / SF) Buyer: Cajun Chiro Properties LLC Elifin's Notes: A medical office property changes hands on Jefferson Highway. 9432 Jefferson Hwy, Baton Rouge, LA 70809 Type: Land Price: $1,140,000 ($18.17 / Land SF) Buyer: Parochial Employees Retirement System of...

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The Pulse Northshore: St. Tammany Parish Government purchases 3.4+ acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 58023 S Walnut St, Slidell, LA 70461 Type: Land Price: $2,000,000 ($22.29 / Land SF) Buyer: BITTU BEDICO LLC Elifin's Notes: A 2+ acre tract of land sells near the I-10 and Hwy 190 intersection. 187 Dalwill Dr (Units 6, 7), Mandeville, LA 70471 Type: Land Price: $342,000 ($80.57 / Land SF) Buyer:...

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The Pulse LFT: Restaurant property off Hwy 90 in Broussard sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 338 Thoroughbred Dr, Lafayette, LA 70507 Type: Industrial Price: $470,000 ($29.25 / SF) Buyer: Troyanowski Properties LLC Elifin's Notes: An industrial property sells on Thoroughbred Drive. 200 Blk Albertson Pkwy, Broussard, LA 70518 Type: Land Price: $385,000 ($1.71 / Land SF) Buyer: PASSION HOME DESIGNS LLC Elifin's Notes: A 5+ acre parcel of land sells...

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The Pulse NOLA: Ramada Inn in Metairie trades for 8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3400 S I 10 Service Rd W, Metairie, LA 70001 Type: Hospitality Price: $8,000,000 ($41,451 / Unit) Buyer: NOLA HOTEL PROPERTIES LLC Elifin's Notes: A 193-unit hotel property changes ownership on South I-10 Service Road West. 609, 611 Royal St, New Orleans, LA 70130 Type: Mixed-Use Price: $2,975,000 ($448.72 / SF) Buyer: C...

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Market Report – Lafayette, LA – April 2026

Overall Dollar Volume is up 0.49% The trailing 12 month total dollar volume of sales was $389.5M at the end of Apr 2026 vs. $387.5M at the end of the prior month. Overall Deal Velocity is up 1.15% The trailing 12 month sale count was 353 at the end of Apr 2026 vs. 349 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/05/Market-Report-Lafayette-LA-April-2026.pdf" attachment_id="20776"...

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Market Report – Baton Rouge, LA – April 2026

Overall Dollar Volume is down 1.36% The trailing 12 month total dollar volume of sales was $1.187B at the end of Apr 2026 vs. $1.204B at the end of the prior month. Overall Deal Velocity is up 1.09% The trailing 12 month sale count was 462 at the end of Apr 2026 vs. 457 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Baton-Rouge-LA-April-2026.pdf" attachment_id="20852"...

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Market Report – New Orleans, LA – April 2026

Overall Dollar Volume is up 6.9% The trailing 12 month total dollar volume of sales was $1.063B at the end of Apr 2026 vs. $994.3M at the end of the prior month Overall Deal Velocity is down 0.55% The trailing 12 month sale count was 540 at the end of Apr 2026 vs. 543 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/05/Market-Report-New-Orleans-LA-April-2026.pdf" attachment_id="20777"...

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The Pulse BR: ELIFIN brokered 39% of the industrial sales in 2025 in BR and Ascension

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Dear Reader,We do very little self-promotion in this Pulse. We just report the market data. Well, I came across a stat that was too staggering not to share.ELIFIN brokered 39% of the industrial sales in 2025 across EBR and Ascension Parishes. That's 1 out of every 2.6...

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