Overall Dollar Volume is down 7.52% The trailing 12 month total dollar volume of sales was $318.9M at the end of Nov 2024 vs. $344.8M at the end of the prior month. Overall Deal Velocity is down 7.25% The trailing 12 month sale count was 307 at the end of Nov 2024 vs. 331 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Lafayette-LA-November-2024.pdf" attachment_id="13527"...
Overall Dollar Volume is up 3.39% The trailing 12 month total dollar volume of sales was $832.0M at the end of Nov 2024 vs. $804.7M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 521 at the end of Nov 2024 vs. 512 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-New-Orleans-LA-November-2024.pdf" attachment_id="13534"...
Overall Dollar Volume is up 5.74% The trailing 12 month total dollar volume of sales was $435.7M at the end of Nov 2024 vs. $412.0M at the end of the prior month. Overall Deal Velocity is up 3.58% The trailing 12 month sale count was 347 at the end of Nov 2024 vs. 335 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Baton-Rouge-LA-November-2024.pdf" attachment_id="13532"...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Dairy Lane, Broussard, LA 70518 Type: Industrial Price: $1,430,000 ($119.17 / SF) Buyer: BRAEDEN INDUSTRIES LLC Elifin's Notes: Braeden Industries acquires an industrial warehouse property on Dairy Lane. 6921 Ambassador Caffery Pkwy, Broussard, LA 70518 Type: Land Price: $875,000 ($16.74 / Land SF) Buyer: JADS PROPERTY LLC Elifin's Notes: A 1+ acre parcel of...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10 Commerce Ct, New Orleans, LA 70123 Type: Industrial Price: $1,500,000 ($121.38 / SF) Buyer: AB&LD PROPERTIES LLC Elifin's Notes: AB&LD Properties acquires a property in Elmwood featuring 7520 SF of industrial warehouse space and 4838 SF of office space. 5414, 5418 Magazine St, New Orleans, LA 70115 Type: Mixed-Use Price: $1,350,000...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3384 Government St, Baton Rouge, LA 70806 Type: Retail Price: $1,950,000 ($178.77 / SF) Buyer: Highway 23 LLC Elifin's Notes: A New Orleans area based entity purchases the CVS Pharmacy property on Government Street. 5238 Dijon Dr, Baton Rouge, LA 70808 Type: Office Price: $1,150,000 ($177.69 / SF) Buyer: 1075 Government,...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3425 W Pinhook Rd, Lafayette, LA 70506 Type: Retail Price: Withheld Buyer: FTF LA 3424 W PINHOOK RD LLC Elifin's Notes: A newly constructed service station sells on West Pinhook Road. Commercial Permits Issued Last Week Address Type / Value Description Owner / Applicant / Contractor 400 RUE SCHOLASTIQUE Addition / Alteration / Repair (C) $10,000 new walls [O] N/A [C]...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12301 Coursey Blvd, Baton Rouge, LA 70816 Type: Office Price: $2,950,000 ($73.75 / SF) Buyer: 12301 Coursey LLC Elifin's Notes: Local real estate investor Michael Diveincenti, Jr. purchases two-story office building on Coursey Blvd. 305 E Hwy 30, Gonzales, LA 70737 Type: Industrial Price: $2,500,000 ($106.38 / SF) Buyer: Vince Diez...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 15 Lake Forest Blvd, New Orleans, LA 70128 Type: Land Price: $1,585,000 ($8.07 / Land SF) Buyer: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS Elifin's Notes: A 4+ acre parcel of land sells near Audubon Louisiana Nature Center. 9300 Jefferson Hwy, River Ridge, LA 70123 Type: Office Price: $1,450,000 ($499.48 / SF) Buyer:...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 227, 229 Heymann Blvd, Lafayette, LA 70503 Type: Office Price: $2,050,000 ($177.17 / SF) Buyer: TIDES PROPERTIES LLC Elifin's Notes: Tides Properties acquires an office property at the corner of Heymann Boulevard and Travis Street. 6004 Johnston St, Lafayette, LA 70503 Type: Land Price: $975,000 ($15.99 / Land SF) Buyer: FPLJ LLC Elifin's Notes: FPLJ...