The May 19, 2025 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.4M in disclosed volume. The headline deal: MORGAN&MORGAN LLC paid $2.8M ($116.12/SF) for a large showroom property at 2425 Williams Boulevard, at the corner of 24th Street in Kenner. Retail led the week with three of the seven sales, including...
May 16, 2025 – Gonzales, LA – ELIFIN® is pleased to announce that Phase I of Conway Village Center, a new retail development located at the entrance of the Conway master-planned community, is now 100% leased. Tenants in Phase I include Library Wine & Provisions, Cypress Physical Therapy, Distilled Luxe Boutique, Distilled Hair Co. & Salon, Faithful Friends Animal Hospital,...
The May 12, 2025 issue covers eleven commercial sales recorded across Lafayette the previous week, totaling $4.55M in disclosed volume. The headline deal: SHADOW CREEK DEVELOPMENT LLC, a local entity, paid $1.08M ($0.78/Land SF) for more than 31 acres on Moss Street in Carencro. Land led the week with six of the eleven sales, including three East Kaliste Saloom Road...
The May 12, 2025 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $5.15M in disclosed volume. The headline deal: Village Resorts Baton Rouge LLC paid $2.5M ($25,000/unit) for the 100-unit Crown Extended Stay motel on Airline Highway. Land led the week with six of the thirteen sales, including two vacant commercial parcels on...
The May 12, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.26M in disclosed volume. The headline deal: ARMADA PROPERTIES LLC paid $2.25M ($260.72/SF) for an industrial property on 0.8+ acres at 3217 27th Street in Metairie. Industrial led the week with three of the eight sales, while EAGLE EQUITIES LLC...
Overall Dollar Volume is down 4.01% The trailing 12 month total dollar volume of sales was $753.2M at the end of Apr 2025 vs. $784.6M at the end of the prior month. Overall Deal Velocity is up 1.99% The trailing 12 month sale count was 512 at the end of Apr 2025 vs. 502 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-New-Orleans-LA-April-2025.pdf" attachment_id="15869"...
Overall Dollar Volume is up 4.17% The trailing 12 month total dollar volume of sales was $432.1M at the end of Apr 2025 vs. $414.8M at the end of the prior month. Overall Deal Velocity is down 2.23% The trailing 12 month sale count was 350 at the end of Apr 2025 vs. 358 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Baton-Rouge-LA-April-2025.pdf" attachment_id="15868"...
Overall Dollar Volume is down 1.27% The trailing 12 month total dollar volume of sales was $307.5M at the end of Apr 2025 vs. $311.5M at the end of the prior month. Overall Deal Velocity is up 1.01% The trailing 12 month sale count was 301 at the end of Apr 2025 vs. 298 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/05/Market-Report-Lafayette-LA-April-2025.pdf" attachment_id="15867"...
The May 5, 2025 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $10.7M in disclosed volume. The headline deal: ACADIANA COLD STORAGE LLC paid $2.7M ($64.04/SF) for a cold storage warehouse property on Alley 3. Retail led the week with four of the ten sales, including Best Stop Cajun Food's $2.4M purchase of its new Carencro...
The May 5, 2025 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.37M in disclosed volume. The headline deal: 3601 BEHRMAN LLC paid $1.6M ($14,679/unit) for The Landing, a 109-unit senior living facility at 3601 Behrman Place in New Orleans. Retail led the week with six of the twelve sales, including the...
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