News

06 Mar Four Properties, Three Owners, One Successful Acquisition

Posted at 11:31h in Results by ELIFIN® 0 Comments

Alex Ruch of ELIFIN® repped the buyer in four property acquisitions along Government Street. Challenge The client set out to acquire four separate properties along Government Street as part of a vision to redevelop the area for a niche retail concept. The properties, however, were owned by three different owners and represented separate transactions with different expectations, timelines, and representation. Coordinating multiple...

02 Mar The Pulse Northshore: Newly constructed industrial property sells for 3.5mm

Posted at 08:33h 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 520 Johnny F Smith Blvd, Slidell, LA 70460 Type: Industrial Price: $3,500,000 ($108.17 / SF) Buyer: 4228 MAIN STREET PROPERTIES LLC Elifin's Notes: A local construction company associated entity purchases a newly constructed industrial property with showroom, office and warehouse space. Lots 11, 12, 14, 16 Hwy 1088, Mandeville, LA...

02 Mar The Pulse LFT: Youngsville Midtown Square sold

Posted at 08:28h 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 327 Iberia St, Youngsville, LA 70592 Type: Retail Price: $1,926,297 ($103.63 / SF) Buyer: IBERIA STREET HOLDINGS LLC Elifin's Notes: The Youngsville Midtown Square commercial center with multiple tenants changes ownership on Iberia Street. 108, 109 Guernsey Lane, Youngsville, LA 70592 Type: Industrial Price: $1,550,000 ($87.02 / SF) Buyer: STELKIN BASEBALL LLC Elifin's Notes: A...

02 Mar The Pulse NOLA: Gordon McKernan-led entity purchases Jefferson Financial building

Posted at 08:20h 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 115 Focis St, Metairie, LA 70005 Type: Retail Price: $1,500,000 ($307.57 / SF) Buyer: 115-117 FOCIS STREET LLC Elifin's Notes: A multi-tenant retail property sells near Metairie Road. 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $805,252 ($104.04 / SF) Buyer: BB FIBERS LLC Elifin's Notes: A local company purchases an industrial...

02 Mar The Pulse BR: Perkins Plaza retail center sold

Posted at 08:15h 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 13213, 13259 Perkins Rd, Baton Rouge, LA 70810 Type: Retail Price: $1,350,000 ($129.81 / SF) Buyer: Carlye LLC Elifin's Notes: A pair of local business owners acquire the Perkins Plaza retail strip center. 5917 Jones Creek Rd, Baton Rouge, LA 70817 Type: Office Price: $662,500 ($64.75 /...

27 Feb From Missed Opportunity to Operational Fit

Posted at 09:00h in Results by ELIFIN® 0 Comments

Mark Johns of ELIFIN® successfully assisted Omega Protein in securing a large, SIP-compliant warehouse facility on an accelerated timeline after an initial site fell through. Challenge Omega Protein, a division of Cooke Inc, the largest privately owned seafood company in the world, needed to secure a large warehouse facility to support its operations. Initially, Omega Protein submitted an offer on a property...

27 Feb Bridging Competing Timelines to Close the Deal

Posted at 08:52h in Results by ELIFIN® 0 Comments

Through careful negotiation and creative deal structuring, ELIFIN® guided a transaction with conflicting occupancy expectations to a smooth and timely closing. Challenge As the transaction progressed, a key issue emerged regarding post-closing occupancy. The buyer required the property to be delivered fully vacant in order to execute immediate operational plans and avoid disruption to future use of the asset. At the same...

26 Feb Clearing the Path to a Clean Close

Posted at 15:58h in Results by ELIFIN® 0 Comments

Mark Johns of ELIFIN® represented both the seller and buyer in the successful sale of the ±26,500 SF industrial office/warehouse located at 211 Diesel Dr in Scott, LA. Challenge The seller was ready to retire and needed more than just a buyer. He needed a clear and orderly path to closing. The property carried several encumbrances that created significant complexity, requiring full...

26 Feb 2025 South Louisiana Land Sales: Transaction Summary

Posted at 10:47h in Insights by ELIFIN® 0 Comments

2025 South Louisiana Land Sales: Transaction SummaryA comprehensive analysis of 283 commercial land transactions totaling $174.3 million across South Louisiana's major markets.Land is the foundation of every commercial real estate project — and in 2025, South Louisiana's land market showed strong activity. Across Greater Baton Rouge, Greater New Orleans, and Lafayette, ELIFIN tracked 283 commercial land sales totaling $174.3 million...

26 Feb 2025 South Louisiana Multifamily Market: Transaction Summary

Posted at 10:37h in Insights by ELIFIN® 0 Comments

2025 South Louisiana Multifamily Market: Transaction SummaryA comprehensive look at apartment and multifamily investment sales across Louisiana's three major metros in 2025, powered by ELIFIN's proprietary transaction database.South Louisiana's multifamily market surged in 2025. While overall deal count held steady compared to the prior year, dollar volume nearly doubled — driven by a wave of institutional-grade apartment community transactions in...