News

Downtown hotel sold to Orlando-based company

The February 9, 2026 issue covers seventeen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $22.6M in disclosed volume. The headline deal: Holly Court Propco LLC, a Miami-based company, paid $10M ($572.67/SF) for the Holly Court assisted living facility on Summa Avenue. Land, multifamily, industrial and office properties each accounted for three sales, as a Texas-based...

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Repositioning an Underperforming Office Building for Long-Term Success

ELIFIN®’s Fabian Edwards, turned the office located at 5420 Corporate Blvd into a case study in value creation through strategic repositioning and owner occupancy. Challenge The property at 5420 Corporate Blvd is a 30,663 square foot office building located in a highly desirable submarket, yet it faced a difficult situation. Despite its strong location, the property was only 45% occupied and had...

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Guiding a Complex Rezoning to Deliver Community Impact

Noah Loveland of ELIFIN®, specializing in Retail Sales & Leasing, represented the seller in the successful transaction at 2328 Metairie Rd. Challenge The sale presented a unique regulatory challenge. While the ±16,726 square foot, Class A mixed-use property was well located in the heart of Old Metairie, the buyer’s intended use,  a 24-hour emergency and specialty veterinary hospital, was not permitted under...

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Gas station on E Pine Street sold

The February 2, 2026 issue covers two commercial sales recorded on the Northshore the previous week, totaling $800K in disclosed volume. The headline deal: HARMAN ENTERPRISES LLC paid $800K ($444.44/SF) for a convenience store and gas station on East Pine Street in Ponchatoula. The other sale was a 2+ acre tract along Highway 22 near North Hoover Road in Ponchatoula...

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Acadian Ambulance acquires Boys & Girls Club building

The February 2, 2026 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $1.72M in disclosed volume. The headline deal: GSL HOMES LLC paid $575K ($4.00/land SF) for a 3+ acre parcel on South Hugh Wallis Road that is platted into two commercial and eight residential lots. Industrial made up three of the seven sales, and Acadian...

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Le Pavilion luxury hotel sells

The February 2, 2026 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.96M in disclosed volume. The headline deal: 3701 US 90 PROPERTY OWNER LLC paid $5.1M ($35,915/unit) for a self-storage property next to Snow Hilton Park on Highway 90 in Avondale. Industrial properties made up three of the six sales, and...

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$30mm permit issued for Our Lady of The Lake

The February 2, 2026 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $2.1M in disclosed volume. The headline deal: Intense Volleyball L3C paid $465K ($66.43/SF) for an industrial property with a pair of connected metal warehouses on Vallee Court in Prairieville. Industrial properties made up five of the seven sales, with the others...

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Strategic Coordination Drives a Successful Net Lease Sale

ELIFIN®’s Adrien Foley and Brady Becker, represented both parties on the sale of the auto repair property at 2118 Kenner Ave in Kenner, LA. Challenge This transaction involved a net lease sale with multiple sophisticated parties. The tenant, Gerber, is a national credit tenant, and the buyer, Agree Realty, is a publicly traded REIT. As a result, the deal required navigating...

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Resolving Inspection Negotiations to Achieve a Win-Win Sale

The 5,400 square foot retail property located at 3212 W Esplanade Ave N sold to Fleurty Girl owner for $1.25 million. Adrien Foley and Brady Becker of ELIFIN® represented the seller in this transaction.  Challenge Brady and Adrien were tasked with selling the former Quality Seeds location. After successfully finding a buyer, during the due diligence phase, inspection findings led the buyer...

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Repositioning a Stalled Listing for a Successful Sale

ELIFIN® agents, Peter Laville and Lindsay Redhead, facilitated the sale of an 18.14 acre tract of land off Florida Blvd in Baton Rouge. Challenge This opportunity was more than a single transaction; it was a long-term pursuit. Peter and Lindsay initially pitched to the owner of the property more than a year before actually securing the listing. In 2024, the seller...

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