News

Ohio-based REIT acquires Oak Grove Townhomes

The March 16, 2026 issue covers twelve commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $9M in disclosed volume. The headline deal: 8888 Airline LLC, a local investor, paid $4.55M ($91.03/SF) for a Conn's Home Plus property on Airline Highway, with plans to lease it to the Secretary of State. Retail made up four of the...

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Assisted living facility sold for 8.5mm

The March 9, 2026 issue covers ten commercial sales recorded on the Northshore the previous week, totaling $13.2M in disclosed volume. The headline deal: SABRA HEALTH CARE HOLDINGS III LLC, a California-based health care REIT, paid $8.5M ($100.05/SF) for The Trace, an assisted and independent living facility on Crawford Road in Covington. Retail made up five of the 10 sales,...

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Scott Oaks Plaza sold for 4.35mm

The March 9, 2026 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $10.9M in disclosed volume. The headline deal: PGP SCOTT OAKS LLC, a Tennessee-based company, paid $4.35M ($61.79/SF) for Scott Oaks Plaza, a grocery-anchored shopping center on Cameron Street in Scott. Retail made up three of the seven sales, including a newly constructed convenience store...

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St Vincent de Paul property sells

The March 9, 2026 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.9M in disclosed volume. The headline deal: MARILLAC COMMUNITY HEALTH CENTERS paid $2.9M ($140.10/SF) for a two-story office property on Canal Street occupied by St Vincent de Paul. Multifamily made up three of the 10 sales, including a 10-unit property...

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Red Stick Brothers purchase subdivision

The March 9, 2026 issue covers sixteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $12.2M in disclosed volume. The headline deal: Oakwood by RSB LLC, of rental home owner and manager Red Stick Brothers, paid $3.25M ($53,279/unit) for the Oakwood Terrace Subdivision, 60 homes and an office/clubhouse on Cedar Court. Industrial properties made up five...

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Leasing Momentum Leads to Investment Sale

Lindsay Redhead of ELIFIN® turned a successful leasing effort into a strategic investment disposition at the office property located at 5917 Jones Creek Rd in Baton Rouge, LA. Challenge Although the building had reached full occupancy through Lindsay’s earlier leasing efforts, preparing the property for sale presented a new set of challenges. For the property to appeal to investors and support an...

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From Uncertainty to Closing in 25 Days

After more than 20 years of stable ownership with the same tenant in place, an unexpected vacancy created an urgent situation for the building owner, who needed a fast and reliable solution for the property. Brady Becker and Adrien Foley of ELIFIN® represented both the buyer and seller in the sale of the industrial building located at 2317 Kingston St....

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Four Properties, Three Owners, One Successful Acquisition

Alex Ruch of ELIFIN® repped the buyer in four property acquisitions along Government Street. Challenge The client set out to acquire four separate properties along Government Street as part of a vision to redevelop the area for a niche retail concept. The properties, however, were owned by three different owners and represented separate transactions with different expectations, timelines, and representation. Coordinating multiple...

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Newly constructed industrial property sells for 3.5mm

The March 2, 2026 issue covers eight commercial sales recorded on the Northshore the previous week, totaling $5.31M in disclosed volume. The headline deal: 4228 MAIN STREET PROPERTIES LLC, an entity associated with a local construction company, paid $3.5M ($108.17/SF) for a newly constructed industrial property with showroom, office and warehouse space in Slidell. Land made up four of the...

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Youngsville Midtown Square sold

The March 2, 2026 issue covers six commercial sales recorded across Lafayette the previous week, totaling $5.2M in disclosed volume. The headline deal: IBERIA STREET HOLDINGS LLC paid $1.93M ($103.63/SF) for the multi-tenant Youngsville Midtown Square commercial center on Iberia Street. Industrial made up three of the six sales, including a pair of baseball training facilities on Guernsey Lane in...

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