December 5th, 2023 – ELIFIN®, a commercial real estate brokerage firm with locations in Louisiana and Ohio is excited to announce the opening of its office in Lafayette, Louisiana. This strategic expansion is the firm’s fourth office. “The demand for us to do business in Acadiana from our existing clients and prospective clients has increased exponentially indicating that it was clearly...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 301 Rue Beauregard, Lafayette, LA 70508 Type: Office Price: $1,000,000 ($166.67 / SF) Buyer: LAFAYETTE PARISH SCHOOL BOARD THE Elifin's Notes: The Lafayette Parish School Board purchases a multi-suite office property near the intersection of East Kaliste Saloom Road and South College Road 307 Rue Beauregard, Lafayette, LA 70508 Type: Land Price: $585,000...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2625 Iberville St, New Orleans, LA 70119 Type: Hospitality Price: $2,800,000 ($93,333 / Unit) Buyer: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC Elifin's Notes: The New Orleans Women & Children's Shelter, Inc. purchases the newly renovated Lucky Inn Motel along Iberville Street 6541 I 10 Service Rd, New Orleans, LA...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5565 Essen Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,375,000 ($278.34 / SF) Buyer: By & Bette Office LLC Elifin's Notes: Local Baton Rouge investors purchase the Shipley Do-Nuts anchored retail center on Essen Lane. 8280 YMCA Plaza Dr, Building 5, Baton Rouge, LA 70810 Type: Office Price: $820,000 ($210.53 /...
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]...
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...
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...
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,...
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...
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...