News

Guess Who: CREi Edition

Fly Jamerson, ELIFIN® Content Marketing Coordinator, attended the CREi Summit in Atlanta, Georgia. She made a custom Guess Who game for the featuring commercial real estate rockstars, and put them in a tournament bracket. Here's what happened next. [embed]https://youtube.com/shorts/5IFgnmZHv54?si=y2q1zywSQiw9M-JU[/embed] [embed]https://youtube.com/shorts/5OBIqu_uKEc?si=YXlzapwbLCZzXKsm[/embed] [embed]https://www.youtube.com/shorts/irSkDNN2cSc[/embed] https://youtu.be/1gxR1H7rIAQ?si=yF85IRcysRqrVGTS https://www.youtube.com/shorts/4Ql_GzP1_js...

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Apprentice Questions: Success with Cade McNabb

Today's Apprentice Question is for Cade McNabb, Industrial Associate, in Baton Rouge, LA. [embed]https://youtube.com/shorts/0uZ3qgipoJc[/embed] That’s how you build relationships—show that you can help them achieve their goals, whatever they’re trying to do. Josh: What is your No. 1 rule for success in commercial real estate? Cade: The most important skill you need starting out in our industry is being able to communicate with people....

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Market Report – New Orleans, LA – August 2024

Overall Dollar Volume is up 3.73% The trailing 12 month total dollar volume of sales was $785.0M at the end of Aug 2024 vs. $756.8M at the end of the prior month. Overall Deal Velocity is up 2.14% The trailing 12 month sale count was 525 at the end of Aug 2024 vs. 514 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-New-Orleans-LA-August-2024.pdf" attachment_id="12805"...

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Market Report – Lafayette, LA – August 2024

Overall Dollar Volume is up 5.73% The trailing 12 month total dollar volume of sales was $360.4M at the end of Aug 2024 vs. $340.8M at the end of the prior month. Overall Deal Velocity is down 1.57% The trailing 12 month sale count was 313 at the end of Aug 2024 vs. 318 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Lafayette-LA-August-2024.pdf" attachment_id="12806"...

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Market Report – Baton Rouge, LA – August 2024

Overall Dollar Volume is down 7.03% The trailing 12 month total dollar volume of sales was $425.4M at the end of Aug 2024 vs. $457.5M at the end of the prior month. Overall Deal Velocity is down 2.93% The trailing 12 month sale count was 364 at the end of Aug 2024 vs. 375 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Baton-Rouge-LA-August-2024.pdf" attachment_id="12808"...

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The Pulse BR: Mixed-use property sells along College Drive

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3154-3156 College Dr, Baton Rouge, LA 70808 Type: Mixed-Use Price: Withheld Buyer: Fulton BatonRougeLA LLC Elifin's Notes: New York-based buyers purchase this multi-tenant mixed-use property on College Dr.   Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either...

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The Pulse NOLA: Bourbon Street building sells for undisclosed price

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 429-433 Bourbon St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: CREDC BOURBON STREET LLC Elifin's Notes: A commercial property changes hands in the French Quarter along Bourbon Street. 115 Allen Toussaint Blvd, New Orleans, LA 70124 Type: Retail Price: Withheld Buyer: RCR 115-125 AT VENTURE LLC Elifin's Notes: A multi-tenant retail property...

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The Pulse LFT: UL Board of Supervisors purchases former restaurant property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1933 Youngsville Hwy, Youngsville, LA 70592 Type: Industrial Price: $1,875,000 ($70.45 / SF) Buyer: HIGH END AUTOMOTIVE LLC Elifin's Notes: High-End Automotive purchases their location along the Youngsville Highway. 1540 Johnston St, Lafayette, LA 70503 Type: Retail Price: $510,000 ($195.63 / SF) Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM Elifin's Notes:...

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The Pulse LFT: Youngsville industrial property sells for 3.98mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 512 Viaulet Rd, Youngsville, LA 70592 Type: Industrial Price: $3,977,125 ($235.79 / SF) Buyer: TRW HOLDINGS LLC Elifin's Notes: An industrial building with both office and warehouse space sells in Youngsville. 102, 104 Patriot Ave, Lafayette, LA 70508 Type: Land Price: $1,943,000 ($10.33 / Land SF) Buyer: LAFAYETTE REHAB PROPERTY LLC Elifin's Notes: A group...

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The Pulse NOLA: Bank of Louisiana building sells in the CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...

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