News

29 Nov Market Report – New Orleans, LA – October 2023

Posted at 09:08h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.46% The trailing 12 month total dollar volume of sales was $641.2M at the end of Oct 2023 vs. $700.4M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 407 at the end of Oct 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/11/Market-Report-New-Orleans-LA-October-2023.pdf" attachment_id="8636" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

29 Nov Market Report – Baton Rouge, LA – October 2023

Posted at 09:06h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.18% The trailing 12 month total dollar volume of sales was $665.9M at the end of Oct 2023 vs. $680.8M at the end of the prior month. Overall Deal Velocity is up 2.59% The trailing 12 month sale count was 436 at the end of Oct 2023 vs. 425 at the end of the prior...

27 Nov The Pulse LFT: 26+ Acres along E Pont Des Mouton sell to local developer

Posted at 09:19h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1243 E Pont Des Mouton Rd, Lafayette, LA 70507 Type: Land Price: $874,000 ($1.67 / Land SF) Buyer: CASTILLE REAL ESTATE CO LLC Elifin's Notes: Castille Real Estate Co LLC, as a portion of a larger act of assemblage, has purchased 12+ acres near the intersection of East Pont Des...

27 Nov The Pulse BR: Bluebonnet garden office sells for 194 PSF

Posted at 09:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5550 Florida Blvd, Baton Rouge, LA 70806 Type: Office Price: $1,800,000 ($53.90 / SF) Buyer: Belfair Baptist Church, Inc Elifin's Notes: Belfair Baptist Church purchases office building on the corner of Florida Blvd and Cloud Dr. 4603 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $600,000 ($194.36 / SF) Buyer: Denis Bay,...

27 Nov The Pulse CBUS: Retail center sells for 3.1mm on Grandview Ave

Posted at 09:15h in Research, The Pulse, The Pulse: Columbus by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 648 Grandview Ave, Columbus, OH 43215 Type: Retail Price: $3,100,000 ($376.40 / SF) Buyer: South of Grandview/Dublin Rd. Elifin's Notes: A multi-tenant retail property with a gas station sells in the South of Grandview/Dublin Rd area 1948 Mcallister Ave, Columbus, OH 43205 Type: Retail Price: $2,142,857 Buyer: FIP MASTER FUNDING XXIV LLC Elifin's Notes: In...

27 Nov The Pulse NOLA: Maple Street Cafe property sells in East Carrollton

Posted at 09:14h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7623 Maple St, New Orleans, LA 70118 Type: Retail Price: $825,000 ($662.65 / SF) Buyer: 7623 MAPLE STREET LLC Elifin's Notes: A restaurant property, occupied by the Maple Street Cafe, sells in the East Carrollton area 2502 8th St, Harvey, LA 70058 Type: Retail Price: $122,000 ($31.28 / SF) Buyer: BOOK MARQUE LLC Elifin's...

20 Nov The Pulse LFT: Parish Brewing Company purchases 1.4-acre parcel

Posted at 09:32h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 914 W Pont Des Mouton Rd, Lafayette, LA 70507 Type: Industrial Price: $1,500,000 ($93.53 / SF) Buyer: 2KT ELITE PROPERTIES LLC Elifin's Notes: A local company acquires a two-building industrial property located West of I-49 along West Pont Des Mouton Road 2760 E Milton Ave, Youngsville, LA 70592 Type: Land Price: $800,000 ($11.48...

20 Nov The Pulse CBUS: Two Crosswoods area hotels sell for 14.8mm total

Posted at 09:18h in Research, The Pulse, The Pulse: Columbus by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 7300 Huntington Park Dr, Columbus, OH 43235 Type: Hospitality Price: $8,850,000 ($85,096 / Unit) Buyer: COLUMBUS NORTH APARTMENTS LLC Elifin's Notes: In one of two similar transactions, the common buyer purchased the Surface Inn Worthington Hotel in the Crosswoods area 7272 Huntington Park Dr, Columbus, OH 43235 Type: Hospitality Price: $5,950,000 ($63,298 /...

20 Nov The Pulse NOLA: Music venue on Frenchman St sells to local investors

Posted at 09:15h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2636 Athania Pkwy, Metairie, LA 70002 Type: Office Price: $288,000 ($112.19 / SF) Buyer: CONCORD HOLDINGS LLC Elifin's Notes: A dentist office changes hands in the Athania area of Metairie 7007 Read Blvd, New Orleans, LA 70127 Type: Retail Price: $140,000 ($53.56 / SF) Buyer: BB & TT L L C Elifin's Notes: A...

20 Nov The Pulse BR: Shell gas station sells on Main St in Zachary

Posted at 09:14h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7248 Perkins Road, Baton Rouge, LA 70808 Type: Mixed-Use Price: $1,650,000 Buyer: Monkey See Monkey Do LLC Elifin's Notes: Perkins Palms, a mixed-use property featuring multifamily and retail space, sells to local investors and real estate agents, Steve Davis Jr. and Lawrence Maestri. 20191 Plank Rd, Zachary, LA 70791 Type: Retail Price:...