News

20 May

Posted at 12:00h in Research, The Pulse by ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1564 Belmont Ave $330,000 Buyer: Remmertter Properties, LLC $190/SF Elifin's Notes: Fully occupied fourplex sold to investor in the garden district. 8552 Paris Ave $175,000 Buyer: Bret Eugene Mounce $3/SF Elifin's Notes: 9253 Airline Hwy $175,000 Buyer: Airline Properties of Baton Rouge LLC $97/SF Elifin's Notes: Office building on Airline Hwy across from All Star Toyota sold to new...

15 May

Posted at 17:06h in Business, Commercial, Elifin Weekly, Insights, Listings, Office, Office Buildings, Technology by George Bonvillain, Office Specialist

Have you ever walked into outdated office space? Maybe an old travel agency in a small town or an accountant’s office that has not been updated since the 1980s – it’s only after stepping into one of these that you realize how far offices have come. Even in the past decade, we have made leaps and bounds in the office...

13 May

Posted at 12:00h in Research, The Pulse by ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10621 N Oak Hills Pkwy (Unit C) $339,000 Buyer: Boss Ladies LLC $111/SF Elifin's Notes: Owners of Grace Notes School of Music purchase office space off of N. Oak Hills Parkway. 20971, 20975 Old Scenic Hwy $150,000 Buyer: Jason Bankston & Christopher Griffin $50/SF Elifin's Notes: Duplex sold off Old Scenic Hwy in Zachary. 12770...

08 May

Posted at 16:46h in Commercial, Elifin Weekly, Insights, Landlords, Leasing, Multifamily by Mark Segalla, Multifamily Specialist

The multifamily sector is one that normally remains strong. As the population in the United States grows and the economy changes, one thing remains constant, people need a place to live. In the past 5 years, there have been varying trends that have impacted the multifamily sector as a whole, mainly due to the generation that make up the majority...

06 May

Posted at 12:00h in Research, The Pulse by ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8059 Summa Ave (Unit D) $106,000 Buyer: Sis-Kath LLC $105/SF Elifin's Notes: Office building sold in the Essen Plaza Condominium office park. 447 Oak Plaza Blvd. Brusly, LA $430,000 Buyer: Withheld $215/SF Elifin's Notes: Caffe Maison building, next to Walk-On's, off Highway 1 in Brusly. 8282 Goodwood Blvd $5,000,000 Buyer: 8282 Goodwood LLC $62/SF Elifin's Notes: GEC's office building...

01 May

Posted at 17:33h in Business, Commercial, Elifin Weekly, Insights, Investments by Mathew Laborde, CCIM

You may have thought about investing in commercial real estate. Many people have found incredible success in the industry and it is a great way to achieve your financial goals for an entrepreneurial-minded individual. As a self-starter, education is important and taking the time to learn about the industry can provide priceless knowledge and tips on becoming successful that you...

29 Apr

Posted at 12:00h in Research, The Pulse by ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Florida St at N Acadian Thwy $405,000 Buyer: Clean Ride LLC $38/SF Elifin's Notes: Vacant retail building across from BR General Mid-City purchased by Todd Graves and Robert Daigrepont, Jr. 1023 Lobdell Blvd $159,000 Buyer: Whitmore Investments LLC $26/SF Elifin's Notes: Office building on Lobdell Blvd sold to Whitmore Investment firm. 13112 Morlaix Ct $400,000 Buyer: NLJG...

24 Apr

Posted at 17:34h in Business, Elifin Weekly, Insights, Leasing, Office by George Bonvillain, Office Specialist

Coworking has become a true buzzword over the past few years since the term was coined in 2005 by Brad Neuberg, the originator of the co-working space. Coworking can be defined as any office or work environment that is shared by various employees. Since its inception in 2005, studies show that there are now more than 18,000 coworking spaces worldwide. In...

22 Apr

Posted at 12:00h in Research, The Pulse by ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2875 Iowa St $580,000 Buyer: MAD Investments Inc $39/SF Elifin's Notes: 20 unit apartment complex located in the Nicholson corridor near LSU. 10020 Mammoth Ave $320,000 Buyer: Centerfire Solutions LLC $38/SF Elifin's Notes: NNN leased investment industrial building sold off South Choctaw Dr. 550, 552 Oak Villa Blvd $329,000 Buyer: Edgar D. Serrano $47/SF Elifin's Notes: Multi-tenant property one...

17 Apr

Posted at 17:37h in Business, Commercial, Elifin Weekly, Insights, Investments, Landlords, Leasing, Multifamily by Mark Segalla, Multifamily Specialist

Whether you’re a commercial real estate developer, property owner, or investor, it only makes sense to try to increase the value of your multifamily property prior to putting it on the market for sale. However, in today’s day and age of technological advances, there are a number of “smart” ways to enhance your multifamily property that go far beyond the...

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