News

20 May The Pulse LFT: Maple Leaf Apartments sold to local investors

Posted at 09:23h 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 1815 Eraste Landry Rd, Lafayette, LA 70506 Type: Multifamily Price: $805,400 ($67,117 / Unit) Buyer: MAPLE LEAF LIVING LLC Elifin's Notes: A pair of local investors purchase the Maple Leaf Apartments, 12-units, on Eraste Landry Road 113, 114 Twin Meadow Lane, Lafayette, LA 70508 Type: Land Price: $315,000 ($4.95 / Land SF) Buyer: GFYM...

20 May The Pulse BR: Ascension Parish Government purchases 15+ acres

Posted at 09:18h 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 Tract AP-1 Weber City Rd, Gonzales, LA 70737 Type: Land Price: $735,000 ($2.25 / Land SF) Buyer: Ascension Parish Government Elifin's Notes: The Ascension Parish Government purchases 7.5+ acres within an existing 14+ acre tract of land fronting on Weber City Road in Gonzales 3765 North Acadian Thruway,...

13 May The Pulse LFT: Class A office property sells for 8.2mm

Posted at 09:43h 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 425 Settlers Trace Boulevard, Lafayette, LA 70508 Type: Office Price: $8,200,000 ($266.49 / SF) Buyer: 425 SETTLERS LLC Elifin's Notes: A two-story Class A medical office building sells on Settlers Trace Boulevard 1304 Bertrand Drive, Lafayette, LA 70506 Type: Office Price: $3,150,000 ($62.18 / SF) Buyer: BE TRO LLC Elifin's Notes: A six building office...

13 May The Pulse NOLA: Daycare purchases 3 adjacent buildings along Tulane

Posted at 09:39h 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 2907, 2909 Tulane Avenue, New Orleans, LA 70119 Type: Retail Price: $874,000 ($295.47 / SF) Buyer: KIDS KINGDOM ACADEMY & DAYCARE LLC Elifin's Notes: In one of their two purchases last week, Kid's Kingdom Academy & Daycare purchases their location along Tulane Avenue 1000 Bourbon Street, New Orleans, LA 70116 Type:...

13 May The Pulse BR: Podnuh’s BBQ on Sherwood sells to local investors

Posted at 09:34h 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 3202 South Sherwood Forest Boulevard, Baton Rouge, LA 70816 Type: Retail Price: $1,450,000 ($173.34 / SF) Buyer: Hailiang Lin Elifin's Notes: S Sherwood Forest Blvd property formerly used as Volcano Korean BBQ & Hot Pot restaurant sells. 8450 Madrid Avenue, Baton Rouge, LA 70814 Type: Industrial Price: $1,000,000 ($38.76 /...

08 May Six Building Office Property on Bertrand Sold for $3.15 Million

Posted at 16:56h in News, Press Releases by ELIFIN® 0 Comments

May 9, 2024 - Lafayette, LA – ELIFIN® is proud to announce the successful sale of 1304 Bertrand Drive in Lafayette, LA, for $3.15 million. Despite the complexities involved, the deal was successfully closed just 60 days after listing, with the property under contract within seven days. ELIFIN® representatives Brandon Abdella, Associate, and Fabian Edwards, Senior Associate, brokered the transaction,...

06 May The Pulse BR: Hampton Inn on Consititution sells to Lafayette company

Posted at 09:55h 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 1721 Louisiana 30 West, Gonzales, LA 70737 Type: Land Price: $875,000 ($12.17 / Land SF) Buyer: Jase Enterprises LLC Elifin's Notes: Investors purchase a 1+ acre parcel of commercial land along LA Hwy 30 in Gonzales. 11062 Cloverland Dr, Baton Rouge, LA 70809 Type: Industrial Price: $635,000 ($84.67 / SF) Buyer:...

06 May The Pulse LFT: 75-Unit Acadiana Mini-Storage Facility sells

Posted at 09:34h 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 100BLK Gatehouse Drive, Carencro, LA 70520 Type: Land Price: $310,000 ($0.59 / Land SF) Buyer: CARENCRO RENTALS LLC Elifin's Notes: Local entity purchases 11+ acres of vacant land near I-49 in Carencro 304 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $285,000 ($77.74 / SF) Buyer: EMERGED INVESTMENTS LLC Elifin's Notes: Local investor purchases an...

06 May The Pulse NOLA: Local company purchases Elmwood properties for 1.5mm

Posted at 09:22h 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 1521 Kuebel Street, Elmwood, LA 70123 Type: Industrial Price: $1,549,153 ($94.46 / SF) Buyer: GALVANIZED RE LLC Elifin's Notes: Local company purchases two industrial buildings within the Elmwood Business Park 6135 Bellaire Drive, New Orleans, LA 70124 Type: Multifamily Price: $1,325,000 ($132,500 / Unit) Buyer: Liang Meng; Liang Yin Elifin's Notes: A pair of...

29 Apr The Pulse LFT: “The Point” property at the corner of Simcoe and Surrey sells

Posted at 09:52h 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 101 Oil Patch Road, Broussard, LA 70518 Type: Industrial Price: $1,520,000 ($126.67 / SF) Buyer: BAYCO HOLDINGS LLC Elifin's Notes: An under construction industrial building, which will have 2,746 sq ft of office space and 9,254 sq ft of warehouse space, sells within the Garber Industrial Park in Broussard 900 East...