News

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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Restaurant property in Covington sold

The January 26, 2026 issue covers five commercial sales recorded on the Northshore the previous week, totaling $1.44M in disclosed volume. The headline deal: LOUISIANA REVITALIZATION FUND LLC paid $635K ($100.79/SF) for a newly constructed industrial property off Highway 59 in Mandeville. Industrial made up two of the five sales, a 28+ acre parcel along Highway 435 in Abita Springs...

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101 acres sold in Broussard

The January 26, 2026 issue covers three commercial sales recorded across Lafayette the previous week, totaling $2.37M in disclosed volume. The headline deal: PLATINUM BUSINESS PROPERTY LLC paid $2.05M ($0.46/land SF) for three parcels of land totaling more than 101 acres off Bayou Tortue Road in Broussard. The other two sales were an industrial property in the Freetown area near...

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Poydras Tower sold

The January 26, 2026 issue covers eighteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.72M in disclosed volume. The headline deal: THWG LLC paid $1.53M ($96.57/SF) for an industrial property in Metairie's Labarre Business Park. Multifamily made up five of the 18 sales, as San Antonio-based LYND acquired four apartment complexes totaling 1,512 units...

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Elevate Church purchases retail center in Baker

The January 26, 2026 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $2.3M in disclosed volume. The headline deal: Elevate Church Baton Rouge Inc paid $1.2M ($15.58/SF) for a former grocery-anchored retail center at the corner of Plank Road and Comite Drive. Retail accounted for three of the five sales and industrial the...

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When Timing Matters Most

ELIFIN® Industrial Sales and Leasing Specialists, Alex Ruch and Cade McNabb, represented both parties in the sale of the property located at 11135 Airline Hwy. Challenge The primary challenge in this transaction was timing. At the time Alex and Cade took this listing, the property was fully-occupied with an existing lease. After hitting the market, they found an interested buyer but they...

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From Global Negotiations to Local Growth

Mark Johns of ELIFIN® successfully represented both the landlord and tenant in the lease of the 144,000-square-foot industrial property located at 302 Klaby Meaux Rd in Kaplan, LA. Challenge After being presented with an opportunity to bring a major new tenant to town for the City of Kaplan, Mark encountered a unique set of hurdles to lease up this large warehouse...

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Large industrial facility sold for 6.2mm

The January 19, 2026 issue covers nine commercial sales recorded on the Northshore the previous week, totaling $13.7M in disclosed volume. The headline deal: SNT GLOBAL INC. paid $6.2M ($77.50/SF) for an 80,000 sq ft industrial facility on Happywoods Road in Hammond. The Dawn Express convenience store and gas station in Loranger sold for $4.5M, and two mobile home parks...

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