News

1048 Carlton Rd, Broussard, LA

How a Lease Renewal Closed a Broussard Industrial Sale

Caden LeBlanc of ELIFIN® represented both the buyer and seller in the successful sale of the ±6,250 SF industrial property located at 1048 Carlton Rd in Broussard, LA. Challenge This deal came out of an existing relationship. Caden had already put two of the seller's other buildings under contract, so the seller knew how he worked. The challenge on this one was...

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6545 Airline Hwy, Baton Rouge, LA

How Steady Follow-Up Closed a Baton Rouge Industrial Sale

Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of the ±43,000 SF industrial property located at 6545 Airline Hwy in Baton Rouge, LA. Challenge The buyer had been interested in this property for a long time, but interest alone does not make a deal. For many years the building had operated as a furniture store, and...

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11724 Industriplex Blvd, Baton Rouge, LA

Baton Rouge Industrial Buyer Sees Upside Past Cash Flow

Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of the ±20,865 SF industrial property located at 11724 Industriplex Blvd in Baton Rouge, LA. Challenge The property came with low in-place cash flow, which is not what most investors look for at first glance. Selling it meant finding a buyer who could look past the current numbers...

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Market Report – Lafayette, LA – September 2026

Overall Dollar Volume is up 2.99% The trailing 12 month total dollar volume of sales was $411.3M at the end of Sep 2026 vs. $399.4M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 334 at the end of Sep 2026.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/10/Market-Report-Lafayette-LA-September-2026.pdf" attachment_id="26292" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – Baton Rouge, LA – September 2026

Overall Dollar Volume is up 0.47% The trailing 12 month total dollar volume of sales was $892.0M at the end of Sep 2026 vs. $887.8M at the end of the prior month. Overall Deal Velocity is up 0.92% The trailing 12 month sale count was 438 at the end of Sep 2026 vs. 434 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/10/Market-Report-Baton-Rouge-LA-September-2026.pdf" attachment_id="26289"...

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Market Report – New Orleans, LA – September 2026

Overall Dollar Volume is up 4.2% The trailing 12 month total dollar volume of sales was $1.235B at the end of Sep 2026 vs. $1.186B at the end of the prior month. Overall Deal Velocity is up 4.07% The trailing 12 month sale count was 613 at the end of Sep 2026 vs. 589 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/10/Market-Report-New-Orleans-LA-September-2026.pdf" attachment_id="26286"...

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Quality Inn in Slidell sells for 2.5 million

The October 26, 2026 issue covers nine commercial sales recorded on the Northshore the previous week, totaling $9.84M in disclosed volume. The headline deal: Pinnacle Residences Slidell LLC paid $2.5M ($43,860/unit) for the Quality Inn & Suites hotel on 1.1 acres off I-12 in Slidell. Office led the week with four of the nine sales, including the $1.55M sale of...

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Multiple affordable housing portfolios sold

The October 26, 2026 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.1M in disclosed volume. The headline deal: KND ORLEANS PLACE HOUSING LLC paid $3.5M ($58,333/unit) for Orleans Place, a 60-unit tax-credit apartment community in Lower Algiers, buying from a national affordable-housing owner. Multifamily led the week with five of the...

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Real estate office on Curran Lane sold

The October 26, 2026 issue covers five commercial sales recorded across Lafayette the previous week, totaling $6.03M in disclosed volume. The headline deal: 104 OIL PATCH ROAD LLC paid $2.14M ($178.33/SF) for a newly built 12,000-SF metal industrial building on a 0.96-acre lot in Garber Industrial Park in Broussard. Industrial and office led the week with two sales each, including...

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Chipotle off W Lee Dr changes hands

The October 26, 2026 issue covers eleven commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $8.16M in disclosed volume. The headline deal: AP FORT WAYNE LIMITED PARTNERSHIP paid $3.58M ($1,194/SF) for the newly built Chipotle with a Chipotlane on Frogmore Drive off West Lee Drive, sold on a new 15-year absolute NNN lease. Retail and land...

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