In the midst of one of the most challenging office markets in recent history, Jacob Loveland and Fabian Edwards of ELIFIN® Realty were tasked with turning around a property that had not achieved full occupancy in nearly a decade. ELIFIN® successfully leased the office asset at 2351 Energy Dr in Baton Rouge, LA. Challenge Jacob and Fabian assumed the exclusive listing following...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4710 Cameron St, Lafayette, LA 70506 Type: Office Price: $290,000 ($40.28 / SF) Buyer: GD PROPERTY HOLDINGS LLC Elifin's Notes: GD Property Holdings LLC acquires an office property with warehouse space on Cameron Street. 1414 S College Rd, Lafayette, LA 70503 Type: Retail Price: $235,000 ($123.68 / SF) Buyer: CATHOLIC CHARITIES OF ACADIANA INC Elifin's...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2121 Chartres St, New Orleans, LA 70116 Type: Industrial Price: $6,000,000 ($167.33 / SF) Buyer: ENDEAVOR 21 LLC Elifin's Notes: A property with interconnected warehouses sells at the corner of Chartres Street and Elysian Fields Avenue. 3012 26th St, Metairie, LA 70002 Type: Office Price: $1,300,000 ($142.86 / SF) Buyer: 26TH STREET LLC Elifin's...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 14340 S Choctaw Dr, Baton Rouge, LA 70815 Type: Retail Price: $3,200,000 ($114.29 / SF) Buyer: Choctaw 143 LLC Elifin's Notes: An RV sales property changes ownership on South Choctaw Drive. 11444 Reulet Ave, Baton Rouge, LA 70816 Type: Hospitality Price: $2,400,000 ($40,678 / Unit) Buyer: Ashoka Corporation, TIN Elifin's Notes: Ashoka...
Alex Ruch, Industrial real estate specialist in Baton Rouge, and Fabian Edwards, a top office leasing broker in Louisiana, represented both landlord and tenant in the successful lease of a 20,873 SF industrial warehouse/office property at 2724 Meeker Drive in Baton Rouge, LA. Challenge This assignment centered around a unique property type—one with a huge power infrastructure, an atypical floor plan, unlike...
ELIFIN® successfully represented the buyer in the $14.5 million purchase of an 84-acre industrial site in Brusly, LA, paving the way for a major global manufacturer to establish operations in West Baton Rouge Parish. Challenge This project came with a unique set of hurdles. ELIFIN® was approached by a large South Korea-based manufacturing company, SNT Global, to search for its first U.S....
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 300 Acadian Hills Lane, Lafayette, LA 70507 Type: Specialty Price: $36,860,000 ($530.02 / SF) Buyer: FRIENDS OF LAFAYETTE CHARTER FOUNDATION INC Elifin's Notes: Friends of Lafayette Charter Foundation Inc. acquires the newly built two-story middle school adjacent to the Lafayette Renaissance Charter High School on the Northside of Lafayette. This...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5301 Elysian Fields Ave, New Orleans, LA 70122 Type: Office Price: $775,000 ($212.91 / SF) Buyer: ELYSIAN FIELDS HOLDING COMPANY LLC Elifin's Notes: An office property changes ownership adjacent to Canseco's Filmore Market off of Filmore Avenue. 3229 Edenborn Ave, Metairie, LA 70002 Type: Office Price: $585,600 ($142.48 / SF) Buyer: PIN OAK...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9150, 9292 Airline Hwy, Baton Rouge, LA 70815 Type: Retail Price: $20,540,000 ($211.99 / SF) Buyer: Real Estate Holdco LLC Elifin's Notes: Hudson Automotive Group, a South Carolina-based company, acquires All Star Toyota on Airline Highway. 12810 Airline Hwy, Baton Rouge, LA 70809 Type: Retail Price: $13,650,000...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 120 Oil Center Dr, Lafayette, LA 70503 Type: Office Price: $1,500,000 ($161.29 / SF) Buyer: BIG BRAIN PROPERTY INVESTMENTS LLC Elifin's Notes: An office property sells at the corner of Oil Center Drive and Heymann Boulevard. 2715 Youngsville Hwy, Youngsville, LA 70592 Type: Retail Price: $853,750 ($149.96 / SF) Buyer: ACTS PROPERTIES YOUNGSVILLE LLC Elifin's...