A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2327 O'Neal Lane, Baton Rouge, LA 70816 Type: Retail Price: $950,000 ($500.00 / SF) Buyer: HCO BTR LLC Elifin's Notes: An Alabama entity acquires a fast food property at the corner of O'Neal Lane and Bristoe Avenue. 18165 E Petroleum Dr, Baton Rouge, LA 70809 Type: Office Price:...
Overall Dollar Volume is up 12.64% The trailing 12 month total dollar volume of sales was $311.5M at the end of Mar 2025 vs. $276.5M at the end of the prior month. Overall Deal Velocity is down 3.25% The trailing 12 month sale count was 298 at the end of Mar 2025 vs. 308 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/04/Market-Report-Lafayette-LA-March-2025.pdf" attachment_id="14580"...
Overall Dollar Volume is down 1.15% The trailing 12 month total dollar volume of sales was $783.4M at the end of Mar 2025 vs. $792.5M at the end of the prior month. Overall Deal Velocity is down 1.18% The trailing 12 month sale count was 501 at the end of Mar 2025 vs. 507 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/04/Market-Report-New-Orleans-LA-March-2025.pdf" attachment_id="14579"...
Overall Dollar Volume is up 3.67% The trailing 12 month total dollar volume of sales was $414.8M at the end of Mar 2025 vs. $400.1M at the end of the prior month. Overall Deal Velocity is up 2.29% The trailing 12 month sale count was 358 at the end of Mar 2025 vs. 350 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/04/Market-Report-Baton-Rouge-LA-March-2025.pdf" attachment_id="14581"...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1103 Kaliste Saloom Rd (Unit 102, 106), Lafayette, LA 70508 Type: Office Price: $1,556,879 ($220.99 / SF) Buyer: J & L CORNER OFFICES TWO LLC Elifin's Notes: A local entity purchases a pair of medical office condo units within the Lafayette Surgical Specialty Hospital. 116 Eunice St, Lafayette, LA 70508 Type: Industrial Price:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 147 Carondelet St, New Orleans, LA 70112 Type: Office Price: $3,500,000 ($83.49 / SF) Buyer: OLD FEDERAL RESERVE LLC Elifin's Notes: The former Federal Reserve branch building sells in the CBD. 1820 L and A Rd, Metairie, LA 70001 Type: Industrial Price: $1,715,000 ($107.19 / SF) Buyer: FOUR RIVERS PROPERTIES LLC Elifin's Notes: An...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6535 Industrial Dr, Geismar, LA 70734 Type: Industrial Price: $34,450,000 ($172.25 / SF) Buyer: Rivermark SP Realty LLC; Rivermark MS Realty LLC Elifin's Notes: A pair of New York based entities purchase the industrial property occupied by Marucci Sports and two other tenants in Geismer. 12949 Leisure Rd,...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Matrix Loop, Lafayette, LA 70507 Type: Industrial Price: $1,525,000 ($84.72 / SF) Buyer: LAFAYETTE PROPERTY PARTNERS LLC Elifin's Notes: Lafayette Property Partners, a Florida limited liability company, acquires an industrial warehouse property on Matrix Loop near Carencro. 208, 220 Heymann Blvd, Lafayette, LA 70503 Type: Office Price: $1,316,000 ($116.84 / SF) Buyer: 210...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1105 Veterans Memorial Blvd (Land Only), Metairie, LA 70005 Type: Land Price: $2,650,000 ($85.68 / Land SF) Buyer: KMHSHELL LLC Elifin's Notes: KMHShell LLC purchases a parcel of land, not including the improvements, next to a gas station/convenience store which they currently own. 2831 St Claude Ave, New Orleans, LA...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4728 Constitution Ave, Baton Rouge, LA 70808 Type: Hospitality Price: $18,000,000 ($61,224 / Unit) Buyer: APM Property Holdings LLC Elifin's Notes: The Crowne Plaza Hotel, with 294 rooms, sells on Constitution Avenue near I-10. 4040 North Blvd, Baton Rouge, LA 70806 Type: Healthcare Price: $6,100,000 ($170.70 / SF) Buyer: Community Development...