News

15 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 3149, 3151 College Dr $1,650,000 Buyer: Vemuri LLC $130/SF Elifin's Notes: College Creek shopping center sold following foreclosure for $1.65 million 15005 Plank Rd $65,000 Buyer: HBH Holding Company LLC $30/SF Elifin's Notes: Flooded, distressed property sold on Plank Road in Baker 12466, 12468 Warfield Ave $95,000 Buyer: Samuel Diaz Property, LLC $48/SF Elifin's Notes: Duplex sold on Warfield...

10 Apr

Posted at 15:31h in Business, Commercial, Elifin Weekly, Insights, Retail, Technology by Will Chadwick, Retail Specialist

Its no secret that E-commerce has become a force to be reckoned with in recent years. In fact, last year online sales of physical products surpassed $500 billion and are projected to eclipse $735 billion by 2023 according to a report done by Statisa. The unquestioned e-commerce leader, Amazon, hit a $1 Trillion market cap last year, joining only Apple...

08 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 ADDRESS PRICE BUYER SELLER $/SQFT ELIFIN'S NOTES 8323 O'Hara Court $242,000 High Island Meerkats LLC Piperfield's Properties, LLC $93.87 A small, stand alone office building in Tara Place office park 1600 Cottondale Dr $75,000 Husam Sadek and Haneen Bsiasu 1533 Cottondale, LLC $4.49 Corner lot zoned C2 in Broadmoor Plaza Subdivision off of Airline Hwy 9679 Airline Hwy Withheld 9679 Airline Hwy LLC Dallas Salsbury Family...

03 Apr

Posted at 18:15h in Business, Commercial, Elifin Weekly, Industrial, Insights, Technology by Mathew Laborde, CCIM

Social media has become a major part of society’s everyday life. Many professionals and consumers alike start the day by opening their Instagram, Facebook, and Twitter to keep up-to-date with the day’s happenings. In fact, a study by PEW Research Center shows that around 67% of adults in the United States rely on social media sites for news. Even further,...

01 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 ADDRESS PRICE BUYER SELLER $/SQFT ELIFIN'S NOTES 6836, 6858 Van Gogh Ave $20,000.00 Antonio Latrell Simmons Baton Rouge Metropolitan Lions Club $0.75 Two parcels of land sold in Melrose East subdivision 2143 Plank Rd $282,000.00 Dennis Michael Etherdge, Sr LCJ LLC $31.69 Two free standing industrial buildings that formerly housed an electric motor service company 9800 Florida Blvd Withheld McDonald's Real Estate Company Broadmoor Village Shopping...

27 Mar

Posted at 18:01h in Business, Commercial, Elifin Weekly, Industrial, Insights, Investments, Office Buildings, Opportunity Zones by Mathew Laborde, CCIM

When looking for an industrial property there are a variety of factors that come into play. Although looking for an industrial space can be a bit daunting, especially if you are an unseasoned investor, having the right information and assistance will set you up for success. When you're scouting for a commercial industrial space, it's important to know what your...

25 Mar

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 ADDRESS PRICE BUYER SELLER $/SQFT ELIFIN'S NOTES 6227 Fieldstone Drive $170,000.00 Courthouse Properties, LLC Dasher Short $88.82 Single tenant office / warehouse facility in Cloverland 6225 Fieldstone Drive $250,000.00 Grahams Dreams, LLC Dasher Short $55.56 Office / warehouse building with 3 suites in Cloverland 4080 Florida Boulevard $164,000.00 Ha Hoang A+ Auto Plex, LLC $124.43 Fenced and paved former car lot nextdoor to O'Reilly's Auto Parts 12055 Coursey Boulevard $242,500.00 CRJH...

24 Mar

Posted at 20:06h in Business, Commercial, Elifin Weekly, Insights, Investments, Landlords, Leasing, Listings, Multifamily, Office Buildings, Retail, Technology by Mathew Laborde, CCIM

Did you know that according to The Wall Street Journal, real estate buyers spend 60% of their time looking at photos and listings with high-quality photos can gain anywhere between $934 and $116,000 on the market? So, when they say a picture is worth a thousand words, it might also be worth a thousand dollars. What can you do to...

18 Mar

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 ADDRESS PRICE BUYER SELLER $/SQFT ELIFIN'S NOTES 10982 Greenwell Springs Rd $1,400,000.00 Hindi Partners, LLC NFLP, LLC $280.79 Former Texaco / Jack in the Box at the corner of N Sherwood Forest Blvd and Greenwell Springs Rd. 8485 Bluebonnet Blvd $2,650,000.00 K & H Properties, LLC Donald G. Scully $265.00 Former Scully Financial office sold to the current occupants of the building,...

13 Mar

Posted at 15:58h in Business, Elifin Weekly, Insights, Investments, Landlords, Leasing, Office Buildings by Mathew Laborde, CCIM

Shared office space is all the rage right now, but just because it is popular does that mean it is profitable? As an investor, should you invest in a shared office space? In case you have been considering it, let's take a look into the pros and cons of coworking spaces.   What Exactly is a Coworking Space? Coworking is a newer term...

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