News

Market Report – Baton Rouge, LA – April 2025

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"...

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Market Report – Lafayette, LA – April 2025

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"...

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Youngsville land sells for 2.7mm

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...

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Ochsner facility sells on Veterans

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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37+ Acres sell in Gonzales

The May 5, 2025 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $3.54M in disclosed volume. The headline deal: RBD Ascension LLC, a Baton Rouge-based entity, paid $1.93M ($1.16/Land SF) for 37+ acres of land on H Haydel Road in Gonzales. Land and retail accounted for two sales each, including the Highland Hardware...

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A trio of land sales

The April 28, 2025 issue covers three commercial sales recorded across Lafayette the previous week, totaling $799K in disclosed volume. The headline deal: SINGH HOLDINGS LLC paid $289K ($3.11/Land SF) for more than 2.1 acres of vacant land on Young Street in Youngsville. All three sales were land, including more than 32.6 acres on Gendarme Road in Carencro for $275K...

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Oschner Foundation purchases property on Jefferson

The April 28, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.6M in disclosed volume. The headline deal: K C LINEN LLC paid $1.5M ($34.09/SF) for an industrial warehouse and office property at 7639 Townsend Place in New Orleans. Industrial, retail and land properties each accounted for three of the ten...

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College Park Apartments sell near BRCC

The April 28, 2025 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $16.7M in disclosed volume. The headline deal: Dartpoints Operating Company, LLC, a Texas-based company, paid $9.4M ($83.40/SF) for a portion of the Bon Carré Technology Park on Florida Boulevard. Land led the week with four of the thirteen sales, including a...

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Jazz & Heritage Festival acquires old art gallery

The April 21, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $9.92M in disclosed volume. The headline deal: SMBC LEASING&FINANCE INC, a New York-based entity, paid $2.55M ($272.32/SF) for a dialysis clinic with warehouse space at 4419 and 4425 Utica Street in Metairie. Office led the week with four of the...

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Eddie’s Barbershop LLC purchases building on W Pinhook

The April 21, 2025 issue covers six commercial sales recorded across Lafayette the previous week, totaling $2.04M in disclosed volume. The headline deal: SOUTHERN MAGNOLIA REAL ESTATE LLC paid $523K ($184.09/SF) for an industrial property on more than 1.7 acres fronting Dulles Drive. Land led the week with four of the six sales, including two vacant commercial parcels totaling more...

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