A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2645 O'Neal Lane (Bldg B), Baton Rouge, LA 70816 Type: Office Price: $1,149,000 ($160.36 / SF) Buyer: Drs McCulloh LLC Elifin's Notes: A medical office building sells within the American Plaza office complex on O'Neal Lane. 914, 918 N Burnside Ave, Gonzales, LA 70737 Type: Retail Price: $167,000 ($115.41 /...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Machine Loop, Scott, LA 70583 Type: Industrial Price: $910,000 ($113.75 / SF) Buyer: MFTA INVESTMENTS LLC Elifin's Notes: An industrial warehouse property sells on Machine Loop in Scott. 547 N Pierce St, Lafayette, LA 70501 Type: Industrial Price: $150,000 ($30.59 / SF) Buyer: SQUARE BUSINESS AUTO FABRICATION LLC Elifin's Notes: Square Business Auto Fabrication,...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2225 Fayette St, Kenner, LA 70062 Type: Industrial Price: $500,000 ($125.00 / SF) Buyer: Future Property Investments, LLC Elifin's Notes: A local entity purchases an industrial property within the Crestview Office & Industrial Park in Kenner. Lots 75, 76, 77, 78 Fayette St, Kenner, LA 70062 Type: Land Price: $50,000 ($5.18 /...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3329 W Pinhook Rd, Lafayette, LA 70508 Type: Office Price: $1,662,500 ($55.42 / SF) Buyer: WHC LLC Elifin's Notes: A large, two-story office building in Broussard changes ownership. 5644, 5646 Cameron St, Scott, LA 70583 Type: Retail Price: $637,500 ($213.07 / SF) Buyer: ROVIN K INTERNATIONAL LLC Elifin's Notes: Rovin K International acquires a gas...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3409 Severn Ave, Metairie, LA 70002 Type: Multifamily Price: $17,650,000 ($109,627 / Unit) Buyer: LOCAL ON SEVERN LLC Elifin's Notes: The Medve Group, a Texas-based property management company, acquires The Local on Severn, a 161-unit multifamily property, in Metairie for $17.6MM. 1925 L and A Rd, Metairie, LA 70001 Type: Industrial Price:...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 356.3 acres Wax Rd, Baton Rouge, LA 70818 Type: Land Price: $5,700,000 ($0.37 / Land SF) Buyer: Central City Of Elifin's Notes: The City of Central, presumably for the planned Mainstreet 2030 project, purchases 356+ acres of land located between Wax Road and Hooper Road. 34411...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1581 S Bernard Rd, Broussard, LA 70518 Type: Retail Price: $1,595,000 ($477.26 / SF) Buyer: CRRE INVESTMENTS LLC Elifin's Notes: CRRE Investments acquires the retail property at the corner of South Bernard and West Fairfield, adjacent to the Sabal neighborhood developments, in Broussard. 113 W Convent St, Lafayette, LA 70501 Type: Office Price:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4425 W Napoleon Ave, Metairie, LA 70001 Type: Industrial Price: $1,900,000 ($267.61 / SF) Buyer: 2007 CLEARVIEW LLC Elifin's Notes: 2007 Clearview LLC purchases an industrial flex-showroom space on West Napoleon Avenue in Metairie. 4512 Zenith St, Metairie, LA 70001 Type: Industrial Price: $1,750,000 ($118.81 / SF) Buyer: 2007 CLEARVIEW LLC Elifin's Notes: 2007...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 908 W Orice Roth Rd, Gonzales, LA 70737 Type: Industrial Price: $3,000,000 ($45.32 / SF) Buyer: SKR Real Estate LLC Elifin's Notes: SKR Real Estate purchases a collection of industrial properties (three warehouses and 2+ acres of land) on and just off of Orice Roth Road. 13862 Perkins...
Overall Dollar Volume is down 1.36% The trailing 12 month total dollar volume of sales was $820.1M at the end of Dec 2024 vs. $831.4M at the end of the prior month. Overall Deal Velocity is up 0.77% The trailing 12 month sale count was 524 at the end of Dec 2024 vs. 520 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/01/Market-Report-New-Orleans-LA-December-2024.pdf" attachment_id="13799"...