News

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. The headline deal: SMBC LEASING&FINANCE INC, a New York-based entity, bought a dialysis clinic with warehouse space at 4419 and 4425 Utica Street in Metairie. Office led the week with four of the ten sales, including a second dialysis clinic on...

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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. The headline deal: SOUTHERN MAGNOLIA REAL ESTATE LLC bought 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 than five acres in the Garber Industrial Park,...

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Market Report – Lafayette, LA – March 2025

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"...

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Market Report – New Orleans, LA – March 2025

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"...

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Market Report – Baton Rouge, LA – March 2025

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"...

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Two medical condos sold in Lafayette Surgical Specialty Hospital

The April 14, 2025 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: J & L CORNER OFFICES TWO LLC bought a pair of medical office condo units within the Lafayette Surgical Specialty Hospital on Kaliste Saloom Road. Industrial accounted for two of the five sales, including a commercial property used as a sports training...

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Former Federal Reserve building sells in CBD

The April 14, 2025 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: OLD FEDERAL RESERVE LLC bought the former Federal Reserve branch building at 147 Carondelet Street in the CBD. Office led the week with four of the eleven sales, including a medical office condo in the Touro LCMC Health...

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Waste Pro purchases 26+ acres

The April 14, 2025 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Rivermark SP Realty LLC and Rivermark MS Realty LLC, a pair of New York-based entities, bought the industrial property on Industrial Drive in Geismar occupied by Marucci Sports and two other tenants. Land led the week with three of...

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191-Unit apartment complex sells

The April 7, 2025 issue covers ten commercial sales recorded across Lafayette the previous week. The headline deal: LAFAYETTE PROPERTY PARTNERS LLC, a Florida limited liability company, bought an industrial warehouse property on Matrix Loop near Carencro. Office led the week with four of the ten sales, including an office property on Heymann Boulevard in the Oil Center, while a...

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