News

13 Jul The Pulse LFT: Pennsylvania-based company purchases property in Scott

Posted at 10:26h 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 1223 Delhomme Ave, Scott, LA 70583 Type: Industrial Price: Withheld Buyer: LIBERTY TIRE RECYCLING LLC Elifin's Notes: A Pennsylvania-based company purchases an industrial property on Delhomme Avenue. Commercial Permits Issued Last Week .tg { border-collapse: collapse; border-color: #ccc; border-spacing: 0; border: 1px solid rgba(0, 0, 0, 0.12); background-color: #fff; width: 100%; } .tg td { background-color: #fff; border-color: #ccc; border-style: solid; border-width: 0px; color: #212121; font-size:...

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13 Jul The Pulse NOLA: Tennessee-based company purchases Walgreens property

Posted at 10:17h 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 11297 Lake Forest Blvd, New Orleans, LA 70128 Type: Retail Price: $2,060,000 ($137.24 / SF) Buyer: CD NEW ORLEANS, LLC Elifin's Notes: A Tennessee-based company purchases a Walgreens branch property on Lake Forest Boulevard. 3125 N Causeway Blvd, Metairie, LA 70002 Type: Retail Price: $1,490,000 ($326.75 / SF) Buyer: 3125 N CAUSEWAY LLC Elifin's...

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13 Jul The Pulse BR: Commerce Centre in Prairieville sold for 6.8 million

Posted at 09:44h 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 17097 Airline Hwy, Prairieville, LA 70769 Type: Retail Price: $6,800,000 ($186.03 / SF) Buyer: ZRP Commerce Centre LLC Elifin's Notes: A South Carolina-based company purchases a strip center property on Airline Highway. 2940 S Ruby St, Gonzales, LA 70737 Type: Industrial Price: $612,653 ($122.53 / SF) Buyer:...

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11 Jul Selling More Than a Building

Posted at 18:32h in Results by ELIFIN® 0 Comments

Benji Azar of ELIFIN® represented the seller in the successful sale of the 34-unit multifamily property located at 1400 Lake Ave in Metairie, LA. Challenge The sellers were a family navigating a succession, inheriting both the property and its associated responsibility. The building had been owned and operated by the family since the early 1970s, and the weight of that history was...

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11 Jul 84 Days to a National Tenant

Posted at 18:29h in Results by ELIFIN® 0 Comments

Adrien Foley and Brady Becker of ELIFIN® represented the landlord in the successful lease of the ±10,000 SF office warehouse located at 1309 Dealers Ave in Elmwood, LA. Challenge The landlord had purchased the building in cash and put real money into renovating it. With that investment made, he was eager to get a tenant in. The pressure to lease fast in...

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11 Jul An Acquisition Built on Persistence

Posted at 18:25h in Results by ELIFIN® 0 Comments

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±20,072 SF industrial warehouse located at 3080 Rosenwald Rd in Baton Rouge, LA. Challenge The property was originally available only as part of a larger portfolio package, and the buyer had no interest in acquiring multiple properties. Time and patience allowed the seller to realize the potential in an...

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06 Jul Selling an Industrial Crane Warehouse With a Stabilized Yard in Lafayette

Posted at 16:24h in Insights by Mathew Laborde, SIOR, CCIM 0 Comments

Industrial / Warehouse | Lafayette, LouisianaSelling an Industrial Crane Warehouse With a Stabilized Yard in LafayetteIf you own a 10,000 to 30,000 SF warehouse around Lafayette with 20-foot-plus eave height, a 10-ton bridge crane, and several acres of stabilized yard, you own a building the energy services economy is built to buy. ELIFIN has tracked 226 industrial sales in Lafayette...

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06 Jul Industrial Real Estate Sales in Terrebonne Parish (Houma and Gray)

Posted at 16:24h in Insights by Mathew Laborde, SIOR, CCIM 0 Comments

Industrial | Terrebonne ParishIndustrial Real Estate Sales in Terrebonne Parish (Houma and Gray)Industrial buildings in Houma and Gray have been trading near $100 per square foot, with ELIFIN's recent closings running from $68 to $127 depending on age, condition, clear height, and crane capacity. Two corridors carry the activity: the West Houma corridor along Venture, Capital, Equity, Valhi, and South...

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06 Jul How to Sell a Leased Small-Bay Industrial Building in Baton Rouge

Posted at 16:24h in Insights by Mathew Laborde, SIOR, CCIM 0 Comments

Industrial | Baton Rouge MetroHow to Sell a Leased Small-Bay Industrial Building in Baton RougeA leased small-bay industrial building in Baton Rouge (3,000 to 30,000 square feet, dock-high and grade-level doors, a fenced laydown yard, and 15% office or less) is one of the most liquid assets on the market right now. ELIFIN has tracked 828 industrial sales in East...

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06 Jul Selling a Warehouse in Kenner, North of MSY

Posted at 16:24h in Insights by Mathew Laborde, SIOR, CCIM 0 Comments

Industrial / Warehouse | Kenner, Jefferson ParishSelling a Warehouse in Kenner, North of MSYIf you own a warehouse north of Louis Armstrong International (MSY) in Kenner, the kind with a 10 to 20 percent office build-out and a fenced exterior yard, you own one of the most tradeable industrial products in Jefferson Parish. ELIFIN has tracked 116 industrial sales in...

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