News

Market Report – Baton Rouge, LA – August 2026

Overall Dollar Volume is down 3.04% The trailing 12 month total dollar volume of sales was $887.8M at the end of Aug 2026 vs. $915.7M at the end of the prior month. Overall Deal Velocity is down 1.81% The trailing 12 month sale count was 434 at the end of Aug 2026 vs. 442 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-Baton-Rouge-LA-August-2026.pdf" attachment_id="22392"...

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Market Report – New Orleans, LA – August 2026

Overall Dollar Volume is up 5.67% The trailing 12 month total dollar volume of sales was $1.186B at the end of Aug 2026 vs. $1.122B at the end of the prior month. Overall Deal Velocity is up 0.86% The trailing 12 month sale count was 588 at the end of Aug 2026 vs. 583 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-New-Orleans-LA-August-2026.pdf" attachment_id="22390"...

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Market Report – Lafayette, LA – August 2026

Overall Dollar Volume is down 1.67% The trailing 12 month total dollar volume of sales was $399.4M at the end of Aug 2026 vs. $406.1M at the end of the prior month. Overall Deal Velocity is up 1.52% The trailing 12 month sale count was 335 at the end of Aug 2026 vs. 330 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-Lafayette-LA-August-2026.pdf" attachment_id="22388"...

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Harbor Freight Tools building on Lapalco Blvd sold

The September 28, 2026 issue covers eighteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.4M in disclosed volume. The headline deal: AUDUBON DEVELOPMENT LLC paid $4.45M ($158,929/unit) for a 28-unit multifamily property on Saint Charles Avenue. Industrial made up six of the 18 sales, including two properties in Elmwood Business Park bought by GALVANIZED...

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AVALA Hospital in Covington sold

The September 28, 2026 issue covers twelve commercial sales recorded on the Northshore the previous week, totaling $17.6M in disclosed volume. The headline deal: ST TAMMANY HEALTH SYSTEM paid $8.59M ($403.12/SF) for a healthcare property on Highway 1085 in Covington. The same health system paid $2.65M for a medical office property on Highway 22 in Madisonville, and a Canadian-backed healthcare...

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River Ranch building sold to law firm

The September 28, 2026 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $2.9M in disclosed volume. The headline deal: RR LAFAYETTE OFFICE LLC, a law firm, paid $1.27M ($176.18/SF) for a two-story River Ranch building on Woods Crossing with office space below and residential space above. Land made up three of the seven sales, including a...

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Daycare facility in Prairieville sold for 1.5 million

The September 28, 2026 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $4.4M in disclosed volume. The headline deal: Golden Rule Daycare Dutchtown LLC paid $1.55M ($206.86/SF) for a daycare center property on Highway 73 in Prairieville. Retail led the week with four of the nine sales, while a Texas-based company bought two...

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Selling an Industrial Portfolio in Baton Rouge for 1031 Exchange

Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of a six-property industrial portfolio totaling ±38,920 SF across 2857 Bern Dr, 9670, 9674, 9684, and 10023 Mammoth Ave, and 11838 Richcroft Ave in Baton Rouge, LA. Challenge The seller was ready to exit his entire Choctaw industrial portfolio in one move and roll the proceeds into a...

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Speed Wins a Baton Rouge Industrial Deal Below Asking

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±6,645 SF industrial property located at 1655 Cottondale Dr in Baton Rouge, LA. Challenge Good industrial properties in Baton Rouge do not sit long. When the right asset hits the market, the window to act is short, and buyers who move slowly lose deals to buyers who do not....

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Metairie Retail Property Sold in 25 Days

Adrien Foley and Brady Becker of ELIFIN® represented both the buyer and seller in the successful sale of the ±3,581 SF retail property located at 3521 Veterans Blvd in Metairie, LA. Challenge The seller did not want a long, drawn out process. He had one condition: the deal needed to close within 25 days of going under contract. That left very little...

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