News

16 Dec The Pulse: CJ Brown Sells Airline Office Building + East Baton Rouge Sewerage Commission Purchases Former All Star Nissan Location

Posted at 12:00h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8031 Airline Hwy Price: $765,000 ($178 / SF) Buyer: Bancorpsouth Bank Elifin's Notes: Bancoprsouth Bank purchases former Capital One branch on the corner of Airline Hwy and Tom Dr. 1044 O'Neal Ln Price: $230,000 ($61 / SF) Buyer: Ode Investment Properties LLC Elifin's Notes: Zachary-based Pit Stop Auto Shop owner purchases O'Neal...

13 Dec Pit Stop Auto Shop Expanding to New Location in Baton Rouge

Posted at 13:56h in Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF December 13th, 2019 - Baton Rouge, LA – Elifin Realty has announced the sale of 1044 O’Neal Ln in Baton Rouge, LA. The property was purchased by Joel and Rebecca Richardson of ODE Investment Properties, LLC. They intend to use 1044 O’Neal Ln as a second location for Pit Stop Auto Shop, LLC. Pit Stop Auto Shop is an ASE-certified (Automotive...

13 Dec Is commercial real estate a good career?

Posted at 12:00h in Commercial, Insights by Mathew Laborde, CCIM 0 Comments

Commercial real estate is an exciting and rewarding career, allowing infinite earning potential and flexibility for agents. As a commercial real estate agent, you will be your own boss, and have the ability and freedom to work your business around personal and family obligations. You can choose a specialty “niche” area, and work to become an expert in that field...

12 Dec Former Shrimp Basket Restaurant on Perkins Available for Restaurant Concept

Posted at 15:36h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF December 12th, 2019 - Baton Rouge, LA – Since Shrimp Basket’s closing of its two Baton Rouge locations, the restaurant at 7242 Perkins Road has sat vacant. Now marketed by Elifin Realty, the location is available for sublease and is in turn-key condition for a new restaurant concept. According to Will Chadwick, who is leasing the property, the previous operator...

12 Dec As a landlord, how do I calculate the lease rate for my office building?

Posted at 14:03h in Insights, Office by George Bonvillain, Office Specialist 0 Comments

This is a great question since commercial buildings and their uses vary so widely. There are also a lot of factors to consider when making this determination. The lease rate for an office building is going to largely depend on market conditions. Where are people moving to? What areas of town are the most desirable office submarkets? What’s going on...

11 Dec What Is the Best Website for Finding Commercial Real Estate?

Posted at 12:00h in Commercial, Insights by Mathew Laborde, CCIM 0 Comments

Searching for commercial real estate online is a little trickier than searching for residential. Residential real estate search engines such as Zillow, Homes.com, and Realtor.com, not to mention many residential brokerage sites feature a huge variety of listings. In the case of the larger sites, you can search nationwide for the property of your dreams. The online tools for commercial...

10 Dec How Do I Buy My First Commercial Property?

Posted at 12:00h in Commercial, Insights by Mathew Laborde, CCIM 0 Comments

When you decide to get into commercial real estate, finding and purchasing your first property comes with a big learning curve along with the financial investment. With a lot of advice out there comes a lot of confusion about the best way to jump into commercial real estate. But the real key is to find a deal and then approach...

09 Dec Is There an MLS for Commercial Real Estate?

Posted at 12:00h in Commercial, Insights by Mathew Laborde, CCIM 0 Comments

Many of us are familiar with MLS through purchasing a home. Realtors can go into MLS and build a query with the exact specifications of what we’re looking for and then email over daily or weekly lists of properties that may match those specifications. We check them out and send a thumbs up or thumbs down and they can use...

09 Dec The Pulse: New York Firm Purchases Downtown Office Building + Local Charter School Facility

Posted at 12:00h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 339 Florida St Price: $6,850,000 ($131 / SF) Buyer: RM Mentorship Acad LA LLC Elifin's Notes: New York investment firm, Rosemawr Management, purchases downtown office building used by the Mentorship Academy. 314 West Dr Price: $352,000 ($35,200 / Unit) Buyer: HIV/AIDS Alliance for Region Two (HAART) Inc Elifin's Notes: HAART, Inc (HIV/AIDS...

06 Dec Aquaculture Systems Technologies Moves HQ to Downtown Baton Rouge

Posted at 12:13h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF December 6th, 2019 - Baton Rouge, LA – Aquaculture Systems Technologies, LLC has recently consolidated all of its operations to their new location in Downtown Baton Rouge at 2120 N 3rd Street. George Bonvillain and Mathew Laborde, of Elifin Realty, assisted AST in finding the new location for their rapidly expanding business. Relocating their operations from New Orleans and their...