News

Market Report – Baton Rouge, LA – June 2024

Overall Dollar Volume is down 0.59% The trailing 12 month total dollar volume of sales was $502.3M at the end of Jun 2024 vs. $505.3M at the end of the prior month. Overall Deal Velocity is down 5.5% The trailing 12 month sale count was 361 at the end of Jun 2024 vs. 382 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-Baton-Rouge-LA-June-2024.pdf" attachment_id="12200"...

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The Pulse LFT: Summer Place apartments sell to Houston-based investor

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 BLK Ridge Rd, Lafayette, LA 70506 Type: Land Price: $1,450,000 ($2.92 / Land SF) Buyer: ATRIUM ACQUISITIONS LLC Elifin's Notes: A 11.4 acre commercial vacant land at the intersection of Ridge Road and Ambassador Caffery Parkway sells to Atrium Acquisitions LLC. 1921 Chemin Metairie Pkwy, Youngsville, LA 70592 Type: Land Price: $952,515...

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The Pulse NOLA: Former Save A Lot on South Carrollton sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3021, 3033, 3037 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $2,575,000 ($164.10 / SF) Buyer: EARHART SQUARE GROUP LLC Elifin's Notes: A property with a grocery store (former Save A Lot) and another retail building sells at South Carrollton Avenue & Earheart Boulevard 905 Royal St, New...

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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 CBUS: Fulfillment center sells for 20.2mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 6215 - 6275 Winchester Blvd, Columbus, OH 43110 Type: Industrial Price: $20,250,000 ($135.14 / SF) Buyer: STAG INDUSTRIAL HOLDINGS LLC Elifin's Notes: A large scale industrial property, used as a fulfillment center, sells in the Canal Winchester area. 1159 Bonham Ave, Columbus, OH 43211 Type: Land Price: $4,375,980 ($3.21 / Land SF) Buyer: RIVERSIDE...

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