Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of the ±8,660 SF commercial property located at 4726 Government St in Baton Rouge, LA. Challenge An inspection issue surfaced during due diligence that had the potential to end the transaction entirely. The findings carried long-term implications for both the buyer and the seller, and without a clear...
Brady Becker and Adrien Foley of ELIFIN® represented the buyer in the successful acquisition of the multi-tenant retail property located at 521, 525 Harrison Ave in New Orleans, LA. Challenge The buyer was under contract on a three-unit retail building in Lakeview with financing in progress when one of the tenants, who had been occupying on a month-to-month basis, gave notice and...
Market News | AcadianaWhat SpaceX's $100 Billion Starbase Louisiana Means for Acadiana Commercial Real EstateOn August 25, 2026, SpaceX announced Starbase Louisiana: a $100 billion spaceport on 125,000 acres of coastal Vermilion Parish near Pecan Island, planned as the largest launch facility in the world. Construction starts in 2027. The first Starship launch is targeted for 2029. SpaceX says at...
The September 7, 2026 issue covers eight commercial sales recorded on the Northshore the previous week, totaling $6.06M in disclosed volume. The headline deal: MERIBO LLC paid $1.3M ($433.62/SF) for a restaurant property on Lee Lane in Covington. Land made up three of the eight sales, including a 3+ acre parcel of commercial land on West Causeway Approach for $1M,...
The September 7, 2026 issue covers twelve commercial sales recorded across Lafayette the previous week, totaling $11.5M in disclosed volume. The headline deal: Get-A-Way Retreats LLC and 350 Griffin Road, LLC paid $3.9M ($138.05/SF) for a large industrial property in Youngsville. Land made up four of the 12 sales, including a 29+ acre parcel on Ambassador Caffery Parkway in Broussard...
The September 7, 2026 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.68M in disclosed volume. The headline deal: PENTAGON INVESTORS LLC paid $1.45M ($399.78/SF) for a multi-tenant retail property on Harrison Avenue. Office made up four of the nine sales and retail three, including an Uptown property on Tchoupitoulas Street bought...
The September 7, 2026 issue covers sixteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $72.1M in disclosed volume. The headline deal: Bluebonnet Reserve BR LLC, a Texas-based company, paid $62M ($191,358/unit) for Bluebonnet Reserve, a 324-unit multifamily property on Bluebonnet Boulevard. Retail made up seven of the 16 sales, including two former Allstar dealerships bought...
Frank Lopiccolo of ELIFIN® represented the landlord in the successful lease of 4826 Magazine Street in New Orleans, LA. Challenge The space had been configured for a restaurant, but the landlord had no interest in leasing to another one. The wear and tear that comes with food service tenancy was something she was not willing to repeat, and she had a clear...
Fabian Edwards of ELIFIN® represented the seller in the successful sale of the ±4,086 SF office property located at 10527 Kentshire Ct in Baton Rouge, LA. Challenge The previous tenant had made modifications to the building during their tenancy that left the space in a configuration that was difficult to re-lease. Finding a new tenant willing to take the space as-is, or...
Fabian Edwards of ELIFIN® represented the seller in the successful sale of the ±5,540 SF office property located at 4610 Bluebonnet in Baton Rouge, LA. Challenge The owner had purchased the building just a few years prior, and when the time came to sell his business, the real estate came with it. The new business owner needed to lease back a portion...
No obligation. Takes under two minutes.