News

Market Report – Lafayette, LA – May 2025

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"...

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Breaux’s Mart grocery store sells

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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Atlas Dermatology purchases their new Prairieville office

The June 23, 2025 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Pine Square Villas, LLC bought the 183-unit Pine Square Apartment complex on Dougherty Drive in the Mid City North area. Land and industrial led the week with three sales each, while Atlas Dermatology bought its new office location on...

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LSU Board of Supervisors acquires industrial warehouse

The June 23, 2025 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GARDE POINT SEAFOOD LLC bought a retail property at 10826 Hayne Boulevard, at the corner of Lafourche Street. Retail and industrial led the week with two of the five sales each, as the Louisiana State University Board of...

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Northgate Mall sells to local investor

The June 16, 2025 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: HUB CITY PLAZA LLC, a local developer, bought the Northgate Mall on Northeast Evangeline Thruway. Office accounted for two of the five sales, including an office condominium at the corner of Coolidge Street and Audubon Boulevard, while Bouligny Properties & Land LLC...

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Hilton property on Saint Charles sells

The June 16, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HC GRAND LODGE HOTEL OWNER LLC bought the Hilton Hotel property at 333 St. Charles Avenue. Retail led the week with four of the eight sales, including the Jefferson Autoplex property at Williams Boulevard and Airline Drive in...

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Chicken Salad Chick property on West Lee Drive sells

The June 16, 2025 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: HAA Properties, Helix Community Schools, bought the property housing its Aviation Academy off Plank Road. Retail led the week with three of the seven sales, including the former Chicken Salad Chick location on West Lee Drive, bought by Mississippi-based...

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Lafreniere Assisted Living Center sells in Metairie

The June 9, 2025 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: RIDGELAKE ENTERPRISE LLC bought an industrial property with warehouse and office space at 2609 Ridgelake Drive in Metairie. Industrial led the week with three of the seven sales, including an industrial warehouse on Poydras Street bought by a...

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Shopping center on Ambassador Caffery sold

The June 9, 2025 issue covers ten commercial sales recorded across Lafayette the previous week. The headline deal: WAX FAIRVIEW LLC, a California-based company, bought a Shoppers Value-anchored neighborhood center at the corner of Ambassador Caffery Parkway and Dulles Drive. Retail and land each accounted for three of the ten sales, as GOC Landholdings LLC bought a pair of side-by-side...

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Roux 61 property sold to Baton Rouge Orthopaedic Clinic

The June 9, 2025 issue covers sixteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: BROC Real Estate Development LLC, Baton Rouge Orthopaedic Clinic's real estate arm, bought the Roux 61 restaurant property on Bluebonnet Boulevard. Retail led the week with five of the sixteen sales, while a 159+ acre parcel of vacant land...

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