News

The Pulse BR: DaVita dialysis clinic sells for 2.7 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7797 Howell Blvd, Baton Rouge, LA 70807 Type: Office Price: $2,730,820 ($350.11 / SF) Buyer: Agree Limited Partnership Elifin's Notes: Agree Realty, a Michigan-based real estate investment company, purchases a DaVita dialysis clinic on Howell Blvd. Lots 8, 9 Terminal Ct, Geismar, LA 70734 Type: Land Price: $1,872,157 ($7.47 /...

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Apprentice Questions: Successful Morning Routine

Today's Question is for Mathew Laborde, President & CEO of ELIFIN®, from Katrina Stapleton in our Columbus, Ohio office. [embed]https://youtube.com/shorts/4ldDE9dybGg?si=fK479tI2zxIQll1n[/embed] Katrina: What is one thing you have to do every morning to set yourself up for a successful day? Mathew: There are two things that come to mind. First, I make my wife coffee every single morning. For a large part of my life,...

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Should You Sell or Lease Your Office Building? What to Consider.

Choosing whether to sell or lease your office building can be a big decision. You need to think about different things like your property, the market, and your personal and business goals. We talked to Jacob Loveland, an Office Sales & Leasing Specialist at ELIFIN, to get his advice on what to consider when making this choice. Sell vs. Lease Office...

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How to Manage and Maintain Your Rental Property

Managing and maintaining commercial rental properties can be challenging. We asked Keagan Finley, Senior Vice President of Multifamily Sales with ELIFIN®, to break down some of these challenges and give his advice on when and how to handle them.  Small vs. Large Rental Properties Size is one of the biggest factors on the personal effort required to care for the property. For...

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Should I Invest in Real Estate or the Stock Market?

Investing offers diverse opportunities, from real estate to the stock market. Each option presents unique benefits and potential returns, and you may wonder which option is right for you. According to Mathew Laborde, President & CEO at ELIFIN®, the answer depends on your personal situation, goals, and interests. Real Estate vs. Stocks: A Comparison Laborde says, "Real estate, depending on how and...

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The Pulse LFT: Over 18 acres sold off E Gloria Switch Rd

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 609 Guilbeau Rd, Lafayette, LA 70506 Type: Office Price: $625,000 ($111.61 / SF) Buyer: DOAN & DOAN PROPERTIES LLC Elifin's Notes: A medical office building sells along Guilbeau Road within the Congress Center Subdivison. 617 S Buchanan St, Lafayette, LA 70501 Type: Office Price: $511,000 ($170.33 / SF) Buyer: SCOUT PARTNERS PROPERTY 1 LLC Elifin's...

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The Pulse NOLA: Our Lady of Lourdes School sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 246 Metairie Rd, Metairie, LA 70005 Type: Retail Price: $1,925,000 ($505.12 / SF) Buyer: EWP 2005 LLC Elifin's Notes: A retail building, currently occupied by Em's Boutique, sells at the intersection of Metairie road and Stella Street. 634 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $1,500,000 ($79.00 / SF) Buyer: T&T SALVAGE...

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The Pulse BR: Nursing home property sold for 15.5mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7435 Bishop Ott Dr, Baton Rouge, LA 70806 Type: Healthcare Price: $15,575,000 Buyer: St Clare Manor Propco LLC Elifin's Notes: St. Clare Manor Nursing Home purchases the property where the facility is located. 4471 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $1,200,000 ($266.67 / SF) Buyer: 4471 Bluebonnet Blvd...

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Can a Landlord Sell a Property with an Active Lease?

Selling a Property with an Active Lease In commercial real estate, one common question is whether landlords can sell their properties while they have an active lease. The answer is a resounding yes. However, the process involves certain considerations and potential challenges. We spoke with Fabian Edwards, an Office Sales & Leasing Specialist with ELIFIN®, for advice.  Understanding the Basics "Properties often will...

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How to Develop Commercial Land

Developing land for commercial use can be a smart choice to increase the value of your investment property. Peter Laville, a Land Specialist with ELIFIN®, gives us some insight on current trends in commercial land development, and what to consider when beginning the process. Identifying Investors There are many steps to developing land for commercial use, but only one place to start:...

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