News

Big data is not necessarily a new concept. However, it has been a big topic of conversation when it comes to commercial real estate lately. “Although Big Data is not new, its exponential growth within CRE is. Today’s challenge involves getting a handle on a workable platform, taking the right steps in assembling a CRE data repository, isolating meaningful data...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1774 N Flannery Rd $1,020,000 Buyer: Waste Pro of Louisiana Inc $34/SF Elifin's Notes: Waste Pro purchases industrial space on N Flannery with plans to renovate and occcupy. 10267 Mammoth Ave $85,000 Buyer: Weimer Enterprises LLC $35/SF Elifin's Notes: Industrial property sold near S Choctaw Dr. 7122 Florida Blvd $270,000 Buyer: ST Enterprises of BR LLC $37/SF Elifin's Notes:...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7464 Exchange Place $160,000 Buyer: The Selders Development Group LLC $34/SF Elifin's Notes: Two story office building near Wooddale Blvd sells for more than $34 SF. 9111,9121,9131,9151 Interline Ave $1,300,000 Buyer: DB Interline LLC $33/SF Elifin's Notes: Brian Dantin purchases 4 office buildings in Interline Office Plaza off of I-12 between Airline Hwy and...

There is no denying that the commercial real estate industry has changed drastically over the years. One of the primary advances has been via property technology (or PropTech), which has changed the very way that we interact with physical buildings. This, paired with an increased desire (or in some cases, need) for multifamily properties, has caused significant changes — particularly...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4767 Plank Rd N/A Buyer: Claude Property LLC N/A Elifin's Notes: Advanced Auto Parts building on Plank Road and Byron St sold for undisclosed price. 620 Florida St $1,220,000 Buyer: Louisiana School Boards Association $102/SF Elifin's Notes: Louisiana School Board Association purchases office building downtown on Florida St. 1025 La Crete Ln $205,000 Buyer: 1029 La Crete...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 634 N Seventh St $190,000 Buyer: 5812 Investments LLC $51/SF Elifin's Notes: Multifamily residence in downtown Baton Rouge purchased for redevelopment. 8550, 8628 Sully Dr $825,000 Buyer: Seventy Eight Holdings LLC $9/SFofLand Elifin's Notes: Multifamily complex in Central off of Sullivan Rd sold for $825,000. 10122 Mammoth Ave $465,000 Buyer: NSB LLC $39/SF Elifin's Notes: Industrial building on Mammoth...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1564 Belmont Ave $330,000 Buyer: Remmertter Properties, LLC $190/SF Elifin's Notes: Fully occupied fourplex sold to investor in the garden district. 8552 Paris Ave $175,000 Buyer: Bret Eugene Mounce $3/SF Elifin's Notes: 9253 Airline Hwy $175,000 Buyer: Airline Properties of Baton Rouge LLC $97/SF Elifin's Notes: Office building on Airline Hwy across from All Star Toyota sold to new...

Have you ever walked into outdated office space? Maybe an old travel agency in a small town or an accountant’s office that has not been updated since the 1980s – it’s only after stepping into one of these that you realize how far offices have come. Even in the past decade, we have made leaps and bounds in the office...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10621 N Oak Hills Pkwy (Unit C) $339,000 Buyer: Boss Ladies LLC $111/SF Elifin's Notes: Owners of Grace Notes School of Music purchase office space off of N. Oak Hills Parkway. 20971, 20975 Old Scenic Hwy $150,000 Buyer: Jason Bankston & Christopher Griffin $50/SF Elifin's Notes: Duplex sold off Old Scenic Hwy in Zachary. 12770...

The multifamily sector is one that normally remains strong. As the population in the United States grows and the economy changes, one thing remains constant, people need a place to live. In the past 5 years, there have been varying trends that have impacted the multifamily sector as a whole, mainly due to the generation that make up the majority...