News

04 Apr The Pulse: ELIFIN® Announces New Partners and New Agents

Posted at 08:35h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9257 Florida Blvd Price: $1,650,000 ($21 / SF) Buyer: 9257 Monterrey Plaza LLC Elifin's Notes: Local developer purchases shopping center on the corner of Florida Blvd and Monterrey Dr near the forthcoming Amazon fulfillment center. 8967 Jefferson Hwy Price: $5,312,000 ($1,022 / SF) Buyer: Lovango Too LLC Elifin's Notes: California-based investor purchases...

28 Mar ELIFIN® Announces New Partners and New Agents

Posted at 13:00h in News, Press Releases by ELIFIN® 1 Comment

March 28, 2022 - Baton Rouge, LA – ELIFIN® is pleased to announce the elevation of three agents to the Partner level, one agent to Vice President, and the addition of four new commercial real estate agents to its team. George Bonvillain, Jr., Mark Segalla, and Will Chadwick have been elevated to Partner, and Keagan Finley has been promoted to Vice...

28 Mar The Pulse: FDL Health Investors Purchase 6 Properties

Posted at 08:42h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6680 Hanks Drive Price: $500,000 ($25,000 / Unit) Buyer: P&A Properties LLC Elifin's Notes: Lafayette-based investor purchases Kean Place Apartments, a 20 unit complex located just off of Airline Hwy. 3278 Ivanhoe St Price: $370,000 ($123,333 / Unit) Buyer: BAYOU BEACH PROPERTIES LLC Elifin's Notes: Investor purchases triplex near the LSU campus. 14635...

23 Mar Commercial Sales Report – February 2022

Posted at 09:20h in Content, Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) As the Multifamily sector continues to see increased activity, the commercial market as a whole is up 29% in number of transactions and up 50% in total volume compared to 7-year averages. There have been a total of 73 commercial sales recorded so far in 2022, compared to 75 at this time in 2021. However, at...

22 Mar Commercial Sales Report – January 2022

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

DOWNLOAD FULL REPORT (PDF) After a record year for commercial sales in 2021, the first month of 2022 has already outpaced previous years’ January figures in total dollar volume transacted with $92.3mm – largely driven by the Multifamily sector. While the average price per unit in Multifamily for January 2022 is lower than 2020 and 2021, the dollar volume transacted...

21 Mar The Pulse: Aspen Apartments Sold and New Proposed Hannah Q

Posted at 08:14h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2022 North Lobdell Boulevard Price: Withheld Buyer: AB Aspen Apartments Owner LLC Elifin's Notes: Miami-based investors purchase the Aspen Apartments, a 117 unit apartment complex off Lobdell Blvd. Price withheld. 9449 Hampton Way Price: $461,000 ($57,625 / Unit) Buyer: Paige Holdings LLC Elifin's Notes: Florida-based investor purchases 8 unit apartment complex just...

16 Mar Bernhard Normand Construction Sells Garden Office Building For Record Price

Posted at 07:24h in News, Press Releases by ELIFIN® 0 Comments

February 15, 2022 - Baton Rouge, LA – George Bonvillain, Partner and Office Specialist, is pleased to announce the recent sale of Building 1 in Goodwood Office Park on Jefferson Highway. The final available building at Goodwood Office Park has sold for over $285 per square foot setting a new high for garden office sales in Baton Rouge. Developed by Bernhard...

14 Mar The Pulse: Multi-Million Dollar Retail and Multifamily Sales

Posted at 09:41h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5955 Airline Hwy Price: $6,115,000 ($415 / SF) Buyer: Exchangeright Net-Leased Portfolio 54 DST Elifin's Notes: California-based investor purchases Walgreens on the corner of Airline Hwy and Greenwell St. 6254 Florida Blvd Price: $1,120,000 ($79 / SF) Buyer: RR Company of America LLC Elifin's Notes: Retail strip center sells on the corner...

07 Mar The Pulse: Siegen Shopping Center Sold – New Crumbl Cookies

Posted at 08:41h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6725, 6745, 6875, 6911, 6971, 7055 Siegen Lane Price: Withheld Buyer: Siegen Plaza Retail Associates LLC Elifin's Notes: Fidelis, a Texas-based real estate investment firm, purchases Siegen Lane shopping center with Olive Garden, Chick-fil-a, Ross, Petco, and Home Goods as tenants. Price withheld. 5909 Bluebonnet Blvd Price: $5,075,000 ($157 /...

28 Feb The Pulse: Central Domino’s and Urgent Care in Baker Sold

Posted at 08:51h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10544 Sullivan Rd Price: $1,005,000 ($319 / SF) Buyer: H & W Ventures LLC Elifin's Notes: Central City retail property anchored by Domino's sells on Sullivan Rd near the Wax Rd intersection. 13435 Hooper Rd Price: $670,000 ($266 / SF) Buyer: Shujat Holding Company Elifin's Notes: Circle K in Central sells to...