News

31 Oct Market Report – Baton Rouge, LA – September 2025

Posted at 12:43h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 3.17% The trailing 12 month total dollar volume of sales was $843.6M at the end of Sep 2025 vs. $817.7M at the end of the prior month. Overall Deal Velocity is up 3.69% The trailing 12 month sale count was 422 at the end of Sep 2025 vs. 407 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/10/Market-Report-Baton-Rouge-LA-September-2025.pdf" attachment_id="19018"...

31 Oct Market Report – New Orleans, LA – September 2025

Posted at 12:41h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 0.38% The trailing 12 month total dollar volume of sales was $815.5M at the end of Sep 2025 vs. $818.6M at the end of the prior month. Overall Deal Velocity is up 1.03% The trailing 12 month sale count was 491 at the end of Sep 2025 vs. 486 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/10/Market-Report-New-Orleans-LA-September-2025.pdf" attachment_id="19017"...

27 Oct The Pulse NOLA: Entergy purchases 23 acres in Westwego

Posted at 08:44h 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 3601 Bender Blvd, New Orleans, LA 70114 Type: Multifamily Price: $3,100,000 ($38,750 / Unit) Buyer: OAK VILLA HOUSING 1 LLC Elifin's Notes: The Oak Villa Apartments, an 80-unit affordable senior living community, sells for 3.1MM. 234 Harbor Cir, New Orleans, LA 70126 Type: Industrial Price: $1,050,000 ($53.85 / SF) Buyer: KB LAND HOLDINGS...

27 Oct The Pulse BR: McKernan-led group purchases land

Posted at 08:33h 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 7501 Burbank Dr, Baton Rouge, LA 70820 Type: Land Price: $950,000 ($7.01 / Land SF) Buyer: Burbank Pickleball Investment Properties LLC Elifin's Notes: Burbank Pickleball Investment Properties LLC, led by Gordon McKernan, purchases two parcels of land totaling over 3 acres on Burbank Drive, adjacent...

27 Oct The Pulse LFT: Former Shade Tree Cafe property sold

Posted at 08:25h 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 6413 Johnston St, Lafayette, LA 70503 Type: Retail Price: $875,000 ($15.35 / SF) Buyer: TROTTERS OF ALEXANDRIA INC Elifin's Notes: Trotters of Alexandria Inc acquires a two-story retail property with a variety of future uses on Johnston Street. 219 S Eola Rd, Broussard, LA 70518 Type: Retail Price: $530,000 ($201.60 / SF) Buyer: DREAMS...

20 Oct The Pulse LFT: Owner of Roul’s Hamburgers purchases land

Posted at 10:37h 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 1300 Bertrand Dr, Lafayette, LA 70506 Type: Office Price: $700,000 ($32.21 / SF) Buyer: BE TRO LLC Elifin's Notes: Office property with redevelopment potential and sitting on ±3.4 acres, sold along Bertrand Dr. 5709 Johnston St, Lafayette, LA 70503 Type: Retail Price: $582,000 ($149.23 / SF) Buyer: SPARK BRIXTON LLC Elifin's Notes: Spark Brixton LLC,...

20 Oct The Pulse NOLA: Langenstein’s grocery property in Uptown sold

Posted at 10:30h 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 2800 Veterans Blvd, Metairie, LA 70002 Type: Office Price: $9,300,000 ($95.89 / SF) Buyer: ROBCO LLC Elifin's Notes: A three-story office property along with its parking garage changes ownership on Veterans Boulevard in Metairie. 8814 Veterans Memorial Blvd, Metairie, LA 70003 Type: Retail Price: $5,900,000 ($180.24 / SF) Buyer: VLN DEVELOPERS LLC Elifin's Notes:...

20 Oct The Pulse BR: OYO motel off Airline Hwy sold

Posted at 10:22h 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 15151 Florida Blvd, Baton Rouge, LA 70819 Type: Office Price: $2,625,000 ($18.64 / SF) Buyer: United Christian Faith Ministries Inc Elifin's Notes: United Christian Faith Ministries Inc acquires an office property along with a 9+ acre vacant plot on Florida Boulevard. 17227 Airline Hwy, Prairieville, LA...

13 Oct The Pulse NOLA: Chick-fil-A purchases land in Gretna

Posted at 09:57h 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 3432, 3434 Canal St; 118 S Clark St, New Orleans, LA 70119 Type: Office Price: $1,400,000 ($229.55 / SF) Buyer: 3434 CANAL LLC Elifin's Notes: An office property changes hands at the corner of Canal and South Clark Streets. 3314 Conti St, New Orleans, LA 70119 Type: Office Price: $647,999 ($79.88 /...

13 Oct The Pulse LFT: City of Lafayette purchases downtown building

Posted at 09:20h 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 214 Jefferson St, Lafayette, LA 70501 Type: Office Price: $6,176,250 ($146.44 / SF) Buyer: LAF-CITY Elifin's Notes: The City of Lafayette purchases the historic office property at 214 Jefferson Street along with a pair of parking lots. 5732 Johnston St, Lafayette, LA 70503 Type: Retail Price: $2,092,000 ($670.51 / SF) Buyer: BOSCOBEL DG LLC Elifin's...