News

10 Mar The Pulse NOLA: Restaurant and bar portfolio sells

Posted at 09:07h 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 4704 Veterans Memorial Blvd, Metairie, LA 70006 Type: Retail Price: $3,475,000 ($259.79 / SF) Buyer: AREA 55 LLC Elifin's Notes: A retail strip center sells along Veterans Memorial Boulevard in Metairie. 117 Central Dr, Metairie, LA 70005 Type: Industrial Price: $475,000 ($121.79 / SF) Buyer: 117 CENTRAL DRIVE LLC Elifin's Notes: An industrial property...

10 Mar The Pulse BR: Highland Village Shopping Center sells for 8.3mm

Posted at 09:05h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5255 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $8,300,000 ($114.47 / SF) Buyer: RG Highland LLC Elifin's Notes: The Walmart-anchored Highland Village Shopping Center, comprising three buildings, sells to a Laplace-based buyer. 11777 Coursey Blvd, Baton Rouge, LA 70816 Type: Retail Price: $995,000 ($194.22 / SF) Buyer: MAARS Properties...

03 Mar The Pulse NOLA: New Orleans Center for Creative Arts sells to State of LA

Posted at 09:11h 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 2831 Chartres St, New Orleans, LA 70117 Type: Industrial Price: $8,000,000 ($163.33 / SF) Buyer: STATE OF LOUISIANA Elifin's Notes: The State of Louisiana acquires the New Orleans Center for Creative Arts facility on Chartres Street. 1435 Japonica St, New Orleans, LA 70117 Type: Industrial Price: $2,050,000 ($58.69 / SF) Buyer: STAY READY...

03 Mar The Pulse LFT: Land on Johnston St sells for $19.60 PSF

Posted at 09:10h 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 6300 Johnston St, Lafayette, LA 70503 Type: Land Price: $965,000 ($19.60 / Land SF) Buyer: 6321 JOHNSTON LLC Elifin's Notes: A 1.1+ acre parcel of land sells at the corner of Johnston Street and Bellevue Plantation Road. 350 E Farrel Rd, Lafayette, LA 70508 Type: Land Price: $643,000 ($10.25 / Land SF) Buyer: SOUTHERN...

03 Mar The Pulse BR: 100+ acres sell off Hooper Road

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

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8871 Florida Blvd, Baton Rouge, LA 70815 Type: Retail Price: $2,291,000 ($1,058.20 / SF) Buyer: Loker LLC Elifin's Notes: A California-based company acquires a Starbucks-occupied property right off of Florida Boulevard and Airline Highway. 527 E Airport Ave, Baton Rouge, LA 70806 Type: Office Price: $990,000 ($184.19 / SF) Buyer: TWRU...

24 Feb Market Report – Ascension Parish, LA – Q4 2024

Posted at 13:29h in Insights, Market Report: Ascension Parish, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 2.21% The trailing 12 month total dollar volume of sales was $144.6M at the end of Jan 2025 vs. $141.5M at the end of the prior month. Overall Deal Velocity is down 5.32% The trailing 12 month sale count was 89 at the end of Jan 2025 vs. 94 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Ascension-Parish-LA-January-2025.pdf" attachment_id="14189"...

24 Feb Market Report – Baton Rouge, LA – January 2025

Posted at 13:27h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 2.25% The trailing 12 month total dollar volume of sales was $403.0M at the end of Jan 2025 vs. $394.2M at the end of the prior month. Overall Deal Velocity is up 1.45% The trailing 12 month sale count was 349 at the end of Jan 2025 vs. 344 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Baton-Rouge-LA-January-2025.pdf" attachment_id="14190"...

24 Feb Market Report – Lafayette, LA – January 2025

Posted at 13:26h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 10.07% The trailing 12 month total dollar volume of sales was $267.5M at the end of Jan 2025 vs. $297.5M at the end of the prior month. Overall Deal Velocity is down 1.0% The trailing 12 month sale count was 298 at the end of Jan 2025 vs. 301 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Lafayette-LA-January-2025.pdf" attachment_id="14192"...

24 Feb Market Report – New Orleans, LA – January 2025

Posted at 13:24h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.85% The trailing 12 month total dollar volume of sales was $787.4M at the end of Jan 2025 vs. $827.5M at the end of the prior month. Overall Deal Velocity is down 3.81% The trailing 12 month sale count was 505 at the end of Jan 2025 vs. 525 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-New-Orleans-LA-January-2025.pdf" attachment_id="14191"...

24 Feb The Pulse NOLA: Ruth’s Chris property on Veterans sells

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 1770 Tchoupitoulas St, New Orleans, LA 70130 Type: Mixed-Use Price: $8,065,000 ($78.84 / SF) Buyer: 1770 TCHOUPITOULAS, INC. Elifin's Notes: A mixed-use property, comprising three buildings including an apartment complex and a storage facility, sells on Tchoupitoulas Street. 7122, 7130 Crowder Blvd, New Orleans, LA 70127 Type: Multifamily Price: $1,187,500 ($56,548 /...