The July 7, 2025 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON BUSINESS CENTER INVESTMENT LLC bought the Jefferson Business Center at 520 and 524 Elmwood Park Boulevard in Elmwood. Office led the week with four of the twelve sales, while a Texas-based entity bought an industrial property on...
The July 7, 2025 issue covers twelve commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Brothers Hospitality LLC bought a 77-room hotel property on Varsity Street across from the Baton Rouge Metropolitan Airport. Office led the week with five of the twelve sales, including a two-story office property in front of the Masjid Al-Rahman...
July 1, 2025- Baton Rouge, LA – ELIFIN® is pleased to announce the successful sale of 12320 South Choctaw Dr in Baton Rouge to David and Marissa Hofstetter, owners of Restoration 1 of East Baton Rouge. The purchase reflects the company’s continued rapid growth and expansion as they scale operations to meet rising demand across the region. The ±15,000 SF facility...
The June 30, 2025 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: JA PROPERTY MANAGEMENT LLC bought an office property along with a vacant parcel on Rue Jean Lafitte. Industrial led the week with three of the seven sales, while a local investor bought a 10-unit multifamily property on Meaux Boulevard off Johnston Street...
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...
The June 30, 2025 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: JP Morgan Chase Bank bought a 1+ acre parcel of vacant commercial land off Burbank Drive near Lee Drive. Land led the week with six of the nine sales, including a 0.6+ acre parcel slated to be Louisiana's first...
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"...
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"...
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"...
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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