News

718-Unit multifamily property sells

The June 30, 2025 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: DALAHN 2 LLC, a local investor, bought the CVS property at 888 Terry Parkway in Terrytown. Industrial led the week with six of the sixteen sales, including a former military warehouse on Sanctuary Drive bought by a Shreveport-based...

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Market Report – New Orleans, LA – May 2025

Overall Dollar Volume is down 3.67% The trailing 12 month total dollar volume of sales was $727.2M at the end of May 2025 vs. $755.0M at the end of the prior month. Overall Deal Velocity is down 0.58% The trailing 12 month sale count was 512 at the end of May 2025 vs. 515 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-New-Orleans-LA-May-2025.pdf" attachment_id="17554"...

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Market Report – Baton Rouge, LA – May 2025

Overall Dollar Volume is up 25.74% The trailing 12 month total dollar volume of sales was $542.7M at the end of May 2025 vs. $431.6M at the end of the prior month. Overall Deal Velocity is up 3.72% The trailing 12 month sale count was 362 at the end of May 2025 vs. 349 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-Baton-Rouge-LA-May-2025.pdf" attachment_id="17556"...

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Market Report – Lafayette, LA – May 2025

Overall Dollar Volume is up 5.96% The trailing 12 month total dollar volume of sales was $328.0M at the end of May 2025 vs. $309.5M at the end of the prior month. Overall Deal Velocity is up 4.32% The trailing 12 month sale count was 314 at the end of May 2025 vs. 301 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-Lafayette-LA-May-2025.pdf" attachment_id="17555"...

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Breaux’s Mart grocery store sells

The June 23, 2025 issue covers four commercial sales recorded across Lafayette the previous week. The headline deal: MELCHAN PROPERTIES LLC bought the Breaux's Mart grocery store on Moss Street. Land accounted for two of the four sales, including more than 0.8 acres of commercial land on Ambassador Caffery Parkway in Scott, while an office unit near Downtown Lafayette sold....

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Atlas Dermatology purchases their new Prairieville office

The June 23, 2025 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Pine Square Villas, LLC bought the 183-unit Pine Square Apartment complex on Dougherty Drive in the Mid City North area. Land and industrial led the week with three sales each, while Atlas Dermatology bought its new office location on...

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LSU Board of Supervisors acquires industrial warehouse

The June 23, 2025 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GARDE POINT SEAFOOD LLC bought a retail property at 10826 Hayne Boulevard, at the corner of Lafourche Street. Retail and industrial led the week with two of the five sales each, as the Louisiana State University Board of...

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Northgate Mall sells to local investor

The June 16, 2025 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: HUB CITY PLAZA LLC, a local developer, bought the Northgate Mall on Northeast Evangeline Thruway. Office accounted for two of the five sales, including an office condominium at the corner of Coolidge Street and Audubon Boulevard, while Bouligny Properties & Land LLC...

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Hilton property on Saint Charles sells

The June 16, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HC GRAND LODGE HOTEL OWNER LLC bought the Hilton Hotel property at 333 St. Charles Avenue. Retail led the week with four of the eight sales, including the Jefferson Autoplex property at Williams Boulevard and Airline Drive in...

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