News

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

The March 2, 2026 issue covers eight commercial sales recorded on the Northshore the previous week. The headline deal: 4228 MAIN STREET PROPERTIES LLC, an entity associated with a local construction company, bought a newly constructed industrial property with showroom, office and warehouse space in Slidell. Land made up four of the eight sales, including a 20+ acre tract off...

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Youngsville Midtown Square sold

The March 2, 2026 issue covers six commercial sales recorded across Lafayette the previous week. The headline deal: IBERIA STREET HOLDINGS LLC bought 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 Youngsville....

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Gordon McKernan-led entity purchases Jefferson Financial building

The March 2, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 115-117 FOCIS STREET LLC bought a multi-tenant retail property near Metairie Road. Industrial made up four of the eight sales, three of them warehouses near the airport in Kenner, and an entity backed by a pair of attorneys...

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Perkins Plaza retail center sold

The March 2, 2026 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Carlye LLC, a pair of local business owners, bought the Perkins Plaza retail strip center on Perkins Road. Retail made up six of the 13 sales, and one buyer, Aubota, LLC, assembled four properties on Government Street across three...

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From Missed Opportunity to Operational Fit

Mark Johns of  ELIFIN® successfully assisted Omega Protein in securing a large, SIP-compliant warehouse facility on an accelerated timeline after an initial site fell through. Challenge Omega Protein, a division of Cooke Inc, the largest privately owned seafood company in the world, needed to secure a large warehouse facility to support its operations. Initially, Omega Protein submitted an offer on a property...

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Clearing the Path to a Clean Close

Mark Johns of ELIFIN® represented both the seller and buyer in the successful sale of the ±26,500 SF industrial office/warehouse located at 211 Diesel Dr in Scott, LA. Challenge The seller was ready to retire and needed more than just a buyer. He needed a clear and orderly path to closing. The property carried several encumbrances that created significant complexity, requiring full...

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2025 South Louisiana Land Sales: Transaction Summary

2025 South Louisiana Land Sales: Transaction SummaryA comprehensive analysis of 283 commercial land transactions totaling $174.3 million across South Louisiana's major markets.Land is the foundation of every commercial real estate project — and in 2025, South Louisiana's land market showed strong activity. Across Greater Baton Rouge, Greater New Orleans, and Lafayette, ELIFIN tracked 283 commercial land sales totaling $174.3 million...

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2025 South Louisiana Multifamily Market: Transaction Summary

2025 South Louisiana Multifamily Market: Transaction SummaryA comprehensive look at apartment and multifamily investment sales across Louisiana's three major metros in 2025, powered by ELIFIN's proprietary transaction database.South Louisiana's multifamily market surged in 2025. While overall deal count held steady compared to the prior year, dollar volume nearly doubled — driven by a wave of institutional-grade apartment community transactions in...

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