A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcel 2B East Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $4,000,000 ($4.82 / Land SF) Buyer: DB CAMELLIA LAND LLC Elifin's Notes: DB Camellia Land LLC, a Baton Rouge-based entity, purchases 19.049 acres of vacant commercial land out of a larger land parcel at the terminus of East Bluebird...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5350 Perkins Rd, Baton Rouge, LA 70809 Type: Land Price: $1,139,260 ($19.96 / Land SF) Buyer: Kidz Karousel-Rouzan Realty LLC Elifin's Notes: Kidz Karousel, a local early childhood development center, purchases acreage off Perkins Rd in the Rouzan Commercial neighborhood. 15134 Old Hammond Hwy, Baton Rouge, LA 70816 Type:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 12169 Old Gentilly Rd, New Orleans, LA 70129 Type: Industrial Price: $4,915,000 ($251.28 / SF) Buyer: CROWN ENTERPRISES LLC Elifin's Notes: Through Yellow Trucking's bankruptcy bidding process, this truck terminal was one of eight properties purchased by Crown Enterprises LLC, a Michigan-based commercial real estate development entity 2401 Connecticut Ave,...
Overall Dollar Volume is down 3.89% The trailing 12 month total dollar volume of sales was $589.6M at the end of Jan 2024 vs. $613.4M at the end of the prior month. Overall Deal Velocity is down 3.5% The trailing 12 month sale count was 413 at the end of Jan 2024 vs. 428 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-Baton-Rouge-LA-January-2024.pdf" attachment_id="10841"...
Overall Dollar Volume is up 3.88% The trailing 12 month total dollar volume of sales was $670.1M at the end of Jan 2024 vs. $645.0M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 404 at the end of Jan 2024 vs. 397 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-New-Orleans-LA-January-2024.pdf" attachment_id="10840"...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 115 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $475,000 ($38.31 / SF) Buyer: SHREYANSH LLC Elifin's Notes: An industrial property changes hands along Beau Pre Road near West Pinhook Road 201 Andre St, Carencro, LA 70520 Type: Multifamily Price: $261,000 ($13,737 / Unit) Buyer: HOLY FAMILY PROPERTIES LLC Elifin's Notes: A pair of...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7500 Chef Menteur Hwy, New Orleans, LA 70126 Type: Multifamily Price: $1,950,000 ($62,903 / Unit) Buyer: JMRV SUPERIOR INVESTMENTS LLC Elifin's Notes: A California-based investor purchases a mobile home park along Chef Menteur Highway in the Viavant/Venetian Isles area 3020 20th St, Metairie, LA 70002 Type: Office Price: $875,000 ($122.21 / SF) Buyer:...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7808 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Retail Price: $1,825,000 ($608.33 / SF) Buyer: Brock's Real Estate LLC Elifin's Notes: Shreveport-based investor purchases service station near the corner of Greenwell Springs Rd and Airline Hwy. 7808 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Retail Price: $770,000 ($256.67...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3300BLK NW Evangeline Thwy, Carencro, LA 70520 Type: Land Price: $827,000 ($3.52 / Land SF) Buyer: PRIMAX PROPERTIES LLC Elifin's Notes: Primax Properties, based in Charlotte, North Carolina, purchases 5+ acres of vacant commercial land along I-49 in Carencro 230 Cactus Rd, Duson, LA 70529 Type: Industrial Price: $305,000 ($76.25 / SF) Buyer: GC...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 201 Decatur St, New Orleans, LA 70130 Type: Retail Price: $2,700,000 ($330.60 / SF) Buyer: BUTTERFIELDS BUTTER LLC Elifin's Notes: A mixed-use property sells at the corner of Decatur Street and Iberville Street in the French Quarter 9601 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,084,000 ($577.61 / SF) Buyer: MCDONALDS...