News

12 May The Pulse BR: Perkins Rowe sells

Posted at 09:32h 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 7271 Airline Hwy, Baton Rouge, LA 70805 Type: Hospitality Price: $2,500,000 ($25,000 / Unit) Buyer: Village Resorts Baton Rouge LLC Elifin's Notes: The Crown Extended Stay motel property, featuring 100 units, sells on Airline Highway. 10748 Perkins Rd, Baton Rouge, LA 70810 Type: Specialty Price: $1,200,000 ($84.25 / SF) Buyer: Family...

12 May The Pulse NOLA: Industrial property sells for 2.25mm in Metairie

Posted at 09:31h 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 3217 27th St, Metairie, LA 70002 Type: Industrial Price: $2,250,000 ($260.72 / SF) Buyer: ARMADA PROPERTIES LLC Elifin's Notes: An industrial property sitting on 0.8+ acres sells on 27th Street in Metairie. 1645, 1649 Alexander Ct, Terrytown, LA 70056 Type: Multifamily Price: $1,500,000 ($50,000 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Local investor...

09 May Market Report – New Orleans, LA – April 2025

Posted at 07:55h in Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.01% The trailing 12 month total dollar volume of sales was $753.2M at the end of Apr 2025 vs. $784.6M at the end of the prior month. Overall Deal Velocity is up 1.99% The trailing 12 month sale count was 512 at the end of Apr 2025 vs. 502 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-New-Orleans-LA-April-2025.pdf" attachment_id="15869"...

09 May Market Report – Baton Rouge, LA – April 2025

Posted at 07:55h in Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 4.17% The trailing 12 month total dollar volume of sales was $432.1M at the end of Apr 2025 vs. $414.8M at the end of the prior month. Overall Deal Velocity is down 2.23% The trailing 12 month sale count was 350 at the end of Apr 2025 vs. 358 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Baton-Rouge-LA-April-2025.pdf" attachment_id="15868"...

09 May Market Report – Lafayette, LA – April 2025

Posted at 07:55h in Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 1.27% The trailing 12 month total dollar volume of sales was $307.5M at the end of Apr 2025 vs. $311.5M at the end of the prior month. Overall Deal Velocity is up 1.01% The trailing 12 month sale count was 301 at the end of Apr 2025 vs. 298 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Lafayette-LA-April-2025.pdf" attachment_id="15867"...

05 May The Pulse LFT: Youngsville land sells for 2.7mm

Posted at 10:45h 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 116 Alley 3, Lafayette, LA 70506 Type: Industrial Price: $2,700,000 ($64.04 / SF) Buyer: ACADIANA COLD STORAGE LLC Elifin's Notes: Acadiana Cold Storage LLC acquires a cold storage warehouse property on Alley 3. 1300 Blk Detente Rd, Youngsville, LA 70592 Type: Land Price: $2,700,000 ($0.61 / Land SF) Buyer: S & C DEVELOPERS LLC Elifin's...

05 May The Pulse NOLA: Ochsner facility sells on Veterans

Posted at 10:34h 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 3601 Behrman Pl, New Orleans, LA 70114 Type: Multifamily Price: $1,600,000 ($14,679 / Unit) Buyer: 3601 BEHRMAN LLC Elifin's Notes: The Landing, a 109-unit senior living facility, changes ownership. 2205 N Hullen St, Metairie, LA 70001 Type: Multifamily Price: $1,530,000 ($85,000 / Unit) Buyer: SILVER LAKE ESTATE LLC Elifin's Notes: Silver Lake Estate LLC...

05 May The Pulse BR: 37+ Acres sell in Gonzales

Posted at 10:32h 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 39120 H Haydel Rd, Gonzales, LA 70737 Type: Land Price: $1,925,000 ($1.16 / Land SF) Buyer: RBD Ascension LLC Elifin's Notes: A Baton Rouge-based entity purchases 37+ acres of land in Gonzales. 7460 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $1,200,000 ($133.33 / SF) Buyer: 7460 Highland LLC Elifin's Notes:...

28 Apr The Pulse LFT: A trio of land sales

Posted at 09:17h 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 Lot 6 Young St, Youngsville, LA 70592 Type: Land Price: $289,000 ($3.11 / Land SF) Buyer: SINGH HOLDINGS LLC Elifin's Notes: Singh Holdings LLC acquires a 2.1+ acre parcel of vacant land on Young Street. 1629 Gendarme Rd, Carencro, LA 70520 Type: Land Price: $275,000 ($0.19 / Land SF) Buyer: TARPLEY LLC Elifin's Notes: A...

28 Apr The Pulse NOLA: Oschner Foundation purchases property on Jefferson

Posted at 09:16h 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 7639 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $1,500,000 ($34.09 / SF) Buyer: K C LINEN LLC Elifin's Notes: An industrial warehouse/office property changes hands on Townsend Place. 455 S Galvez St, New Orleans, LA 70119 Type: Industrial Price: $1,050,000 ($95.45 / SF) Buyer: 451 455 SOUTH GALVEZ LLC Elifin's Notes: An...