News

Commercial Sales Report – April 2022

DOWNLOAD FULL REPORT (PDF) With $82mm sold on record in April 2022, the total volume transacted so far in the commercial market crosses $300mm, consistently outpacing each of the previous 7 years. The Retail sector has been most active with 37 sales so far in EBR Parish in 2022, followed by Office with 32. Retail and Industrial are the...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: Costco Purchases Land and 80m Dollar Apartment Sale

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4444 Tigerland Avenue Price: $8,300,000 ($67,480 / Unit) Buyer: Tigerland Holdings LLC Elifin's Notes: Local investor purchases the Latitude 30 Apartments in Tigerland. 449 Ben Hur Road Price: $80,100,000 ($267,893 / Unit) Buyer: 449 Ben Hur Road (LA) Owner LLC Elifin's Notes: Chicago-based investor purchases the Exchange of Baton Rouge, a 299...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: Benny’s Carwash Purchases Two Baker Properties

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7656 Realtors Ave Price: $1,770,000 ($221 / SF) Buyer: FCPT Holdings LLC Elifin's Notes: Four Corners Property Trust purchase the Fresenius Kidney Care Bon Carre medical office on Realtor's Ave off of Lobdell Blvd. 11741 Market Place Ave Price: $285,000 ($111 / SF) Buyer: 11741 Market Place LLC Elifin's Notes: Office building...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: Guerrilla Warfare Paintball Purchases 63 Acres on Joor Rd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9352 Interline Avenue Price: $657,000 ($95 / SF) Buyer: 9352 Interline LLC Elifin's Notes: Local investor purchases office building off Interline Ave. 4229 North Blvd Price: $200,000 ($100 / SF) Buyer: ACADIAN OAKS PET CLINIC, INC Elifin's Notes: Wahaya IT purchase Midcity property formerly used as a vet clinic. 8281 Goodwood Blvd Price: $1,915,000...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: Proposed Industriplex Town Homes, Sales Report March 2022

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3043 Old Forge Dr Price: $700,000 ($129 / SF) Buyer: Cambre Real Estate Investments LLC Elifin's Notes: Local investor purchases office building just off Bennington Ave near College Dr. 11745 Bricksome Ave, Unit A4 Price: $104,000 ($87 / SF) Buyer: Tregg Wilson Elifin's Notes: Office suite sells at Bricksome Place Office Condominiums. 3942...

Read More

Commercial Sales Report – March 2022

DOWNLOAD FULL REPORT (PDF) Through Q1 2022, the commercial sales market in EBR Parish continues to transact above historical averages in number of sales (118) and dollar volume transacted ($219.6mm). Most sectors of the sales market have seen increases in activity. Multifamily continues to outpace the rest, accounting for 38% of the total volume transacted in Q1 2022 ($84.5mm). Multifamily and Retail are...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: 28 Million Dollars of Multifamily Sold Last Week, New EV Chargers

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9817 Bluebonnet Blvd Price: $1,910,000 ($389 / SF) Buyer: United Community Bank Elifin's Notes: United Community Bank purchases Capital One bank branch on Bluebonnet Blvd near the Burbank Dr intersection. 7700 Perkins Rd Price: $1,833,000 ($193 / SF) Buyer: GoLeaux LLC Elifin's Notes: Its My Party location on Perkins Rd sells. 1112 Church...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: Three Self-Storage Properties and Downtown Hotel Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 12627 Jefferson Hwy Price: $1,500,000 ($122 / SF) Buyer: JKSC Holdings LLC Elifin's Notes: Majestic Medical Supplies purchases Jefferson Hwy property between Airline Hwy and Stumberg Lane. 2834 S Sherwood Forest Blvd, Suites B12, B13 Price: $135,000 ($55 / SF) Buyer: SKB Investments LLC Elifin's Notes: Two retail suites sell in the...

Read More
The Pulse - best commercial real estate baton rouge news elifin realty

The Pulse: ELIFIN® Announces New Partners and New Agents

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9257 Florida Blvd Price: $1,650,000 ($21 / SF) Buyer: 9257 Monterrey Plaza LLC Elifin's Notes: Local developer purchases shopping center on the corner of Florida Blvd and Monterrey Dr near the forthcoming Amazon fulfillment center. 8967 Jefferson Hwy Price: $5,312,000 ($1,022 / SF) Buyer: Lovango Too LLC Elifin's Notes: California-based investor purchases...

Read More

ELIFIN® Announces New Partners and New Agents

March 28, 2022 - Baton Rouge, LA – ELIFIN® is pleased to announce the elevation of three agents to the Partner level, one agent to Vice President, and the addition of four new commercial real estate agents to its team. George Bonvillain, Jr., Mark Segalla, and Will Chadwick have been elevated to Partner, and Keagan Finley has been promoted to Vice...

Read More