News

06 Oct The Pulse NOLA: Historic firehouse in Irish Channel sold

Posted at 10:06h 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 4289, 4293 Lac Saint Pierre Dr, Harvey, LA 70058 Type: Multifamily Price: $2,500,000 ($104,167 / Unit) Buyer: NOLA PROPERTIES LSP LLC Elifin's Notes: A pair of apartment buildings, totaling 24-units, sell in Harvey. 514 Jackson Ave, New Orleans, LA 70130 Type: Mixed-Use Price: $1,250,000 ($245.10 / SF) Buyer: NITETRIPPERS LLC Elifin's Notes: A newly...

06 Oct The Pulse BR: Hotel in Zachary sold

Posted at 10:06h 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 7800 Innovation Park Dr, Baton Rouge, LA 70820 Type: Specialty Price: $12,539,727 ($171.72 / SF) Buyer: 22Beacon Facilities Corporation Elifin's Notes: 22Beacon Facilities Corporation, a Maryland-based non-profit organization, acquires a school property on Innovation Park Drive. 4415 American Way, Baton Rouge, LA 70816 Type: Office Price: $2,600,000...

30 Sep Market Report – Lafayette, LA – August 2025

Posted at 11:23h in Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.78% The trailing 12 month total dollar volume of sales was $363.9M at the end of Aug 2025 vs. $382.2M at the end of the prior month. Overall Deal Velocity is down 3.22% The trailing 12 month sale count was 331 at the end of Aug 2025 vs. 342 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/09/Market-Report-Lafayette-LA-August-2025.pdf" attachment_id="18817"...

30 Sep Market Report – Baton Rouge, LA – August 2025

Posted at 11:21h in Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 17.35% The trailing 12 month total dollar volume of sales was $794.9M at the end of Aug 2025 vs. $677.4M at the end of the prior month. Overall Deal Velocity is up 4.37% The trailing 12 month sale count was 406 at the end of Aug 2025 vs. 389 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/09/Market-Report-Baton-Rouge-LA-August-2025.pdf" attachment_id="18819"...

30 Sep Market Report – New Orleans, LA – August 2025

Posted at 11:20h in Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 1.93% The trailing 12 month total dollar volume of sales was $818.6M at the end of Aug 2025 vs. $834.7M at the end of the prior month. Overall Deal Velocity is down 1.62% The trailing 12 month sale count was 486 at the end of Aug 2025 vs. 494 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/09/Market-Report-New-Orleans-LA-August-2025.pdf" attachment_id="18818"...

29 Sep The Pulse LFT: LifePoint Church acquires new location

Posted at 09:39h 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 2133 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $2,250,000 ($734.81 / SF) Buyer: SALOOM PLAZA HOLDINGS LLC Elifin's Notes: Saloom Plaza Holdings LLC acquires a convenience store at the corner of Kaliste Saloom Road and East Martial Avenue. 129 Spinner Dr, Broussard, LA 70518 Type: Industrial Price: $2,180,384 ($145.36 / SF) Buyer:...

29 Sep The Pulse NOLA: Restaurant property on St Claude Ave sold

Posted at 09:37h 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 2637 N Hullen St, Metairie, LA 70002 Type: Retail Price: $1,873,900 ($249.85 / SF) Buyer: 2637 N HULLEN LLC Elifin's Notes: A retail property changes ownership near Copeland Tower on North Hullen Street. 10833 Chef Menteur Hwy, New Orleans, LA 70127 Type: Retail Price: $1,300,000 ($383.93 / SF) Buyer: ZAHRAN LLC Elifin's Notes: A...

29 Sep The Pulse BR: 12 acres adjacent to Zachary Community Park sold

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 19919 Scenic Hwy, Baton Rouge, LA 70807 Type: Land Price: $675,000 ($1.19 / Land SF) Buyer: ST Development Partners LLC Elifin's Notes: ST Development Partners LLC acquires a 12+ acre parcel of land adjacent to Zachary Community Park. 12455 S Harrells Ferry Rd, Baton Rouge, LA...

22 Sep The Pulse LFT: Johnston St property sold for 3.7mm

Posted at 07:48h 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 4952 Johnston St, Lafayette, LA 70503 Type: Mixed-Use Price: $3,730,000 ($40.14 / SF) Buyer: DABM PROPERTIES LLC Elifin's Notes: An entity related to Doug Ashy Building Materials, founded in 1960, acquires the mixed-use property with multiple buildings next to their current location on Johnston Street. 406 Apollo Rd, Scott, LA 70583 Type:...

22 Sep The Pulse BR: 43 acres sold on Bluebonnet Blvd

Posted at 07:43h 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 4400 McHugh Rd, Zachary, LA 70791 Type: Healthcare Price: $7,000,000 ($159.55 / SF) Buyer: Ashbrook Oakwood LLC Elifin's Notes: Ashbrook Oakwood LLC acquires Oakwood Village Assisted Living on Mchugh Road. 1702 N Burnside Ave, Gonzales, LA 70737 Type: Office Price: $1,200,000 ($203.39 / SF) Buyer: Guillot Properties...