News

18 Sep Market Report – New Orleans, LA – August 2024

Posted at 09:42h in Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 3.73% The trailing 12 month total dollar volume of sales was $785.0M at the end of Aug 2024 vs. $756.8M at the end of the prior month. Overall Deal Velocity is up 2.14% The trailing 12 month sale count was 525 at the end of Aug 2024 vs. 514 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-New-Orleans-LA-August-2024.pdf" attachment_id="12805"...

18 Sep Market Report – Lafayette, LA – August 2024

Posted at 09:41h in Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 5.73% The trailing 12 month total dollar volume of sales was $360.4M at the end of Aug 2024 vs. $340.8M at the end of the prior month. Overall Deal Velocity is down 1.57% The trailing 12 month sale count was 313 at the end of Aug 2024 vs. 318 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Lafayette-LA-August-2024.pdf" attachment_id="12806"...

18 Sep Market Report – Baton Rouge, LA – August 2024

Posted at 09:39h in Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 7.03% The trailing 12 month total dollar volume of sales was $425.4M at the end of Aug 2024 vs. $457.5M at the end of the prior month. Overall Deal Velocity is down 2.93% The trailing 12 month sale count was 364 at the end of Aug 2024 vs. 375 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Baton-Rouge-LA-August-2024.pdf" attachment_id="12808"...

16 Sep The Pulse BR: Mixed-use property sells along College Drive

Posted at 09:33h 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 3154-3156 College Dr, Baton Rouge, LA 70808 Type: Mixed-Use Price: Withheld Buyer: Fulton BatonRougeLA LLC Elifin's Notes: New York-based buyers purchase this multi-tenant mixed-use property on College Dr. Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either...

16 Sep The Pulse NOLA: Bourbon Street building sells for undisclosed price

Posted at 09:33h 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 429-433 Bourbon St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: CREDC BOURBON STREET LLC Elifin's Notes: A commercial property changes hands in the French Quarter along Bourbon Street. 115 Allen Toussaint Blvd, New Orleans, LA 70124 Type: Retail Price: Withheld Buyer: RCR 115-125 AT VENTURE LLC Elifin's Notes: A multi-tenant retail property...

16 Sep The Pulse LFT: UL Board of Supervisors purchases former restaurant property

Posted at 09:32h 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 1933 Youngsville Hwy, Youngsville, LA 70592 Type: Industrial Price: $1,875,000 ($70.45 / SF) Buyer: HIGH END AUTOMOTIVE LLC Elifin's Notes: High-End Automotive purchases their location along the Youngsville Highway. 1540 Johnston St, Lafayette, LA 70503 Type: Retail Price: $510,000 ($195.63 / SF) Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM Elifin's Notes:...

09 Sep The Pulse LFT: Youngsville industrial property sells for 3.98mm

Posted at 09:20h 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 512 Viaulet Rd, Youngsville, LA 70592 Type: Industrial Price: $3,977,125 ($235.79 / SF) Buyer: TRW HOLDINGS LLC Elifin's Notes: An industrial building with both office and warehouse space sells in Youngsville. 102, 104 Patriot Ave, Lafayette, LA 70508 Type: Land Price: $1,943,000 ($10.33 / Land SF) Buyer: LAFAYETTE REHAB PROPERTY LLC Elifin's Notes: A group...

09 Sep The Pulse NOLA: Bank of Louisiana building sells in the CBD

Posted at 09:12h 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 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...

09 Sep The Pulse BR: Stanton’s Appliance purchases N Sherwood facility

Posted at 09:10h 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 13779 Airline Hwy, Baton Rouge, LA 70817 Type: Industrial Price: $1,600,000 ($101.59 / SF) Buyer: ChillCo Inc Elifin's Notes: ChillCo purchases Airline Hwy industrial properties. 2450 N Sherwood Forest Dr, Baton Rouge, LA 70815 Type: Industrial Price: $600,000 ($30.00 / SF) Buyer: Stanton's Appliance Sales & Service Inc Elifin's Notes: Stanton's Appliance...

08 Sep Apprentice Questions: Common Mistakes

Posted at 15:35h in Commercial, Content, Insights by ELIFIN® 0 Comments

Today's Question is for Peter Laville, Land Specialist in Baton Rouge, Louisiana. [embed]https://youtube.com/shorts/ojy4Cl8WDAs?feature=share[/embed] What is one mistake you commonly see brokers make when they're just starting out? Peter Laville: I can't really speak to other brokers and their mistakes, but I can tell you the mistakes I made when I was first starting out. Two big ones: When I was cold calling, I...