The March 3, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $11.1M in disclosed volume. The headline deal: STATE OF LOUISIANA paid $8M ($163.33/SF) for the New Orleans Center for Creative Arts facility at 2831 Chartres Street. Retail led the week with four of the eight sales, including a former dry...
The March 3, 2025 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $3.39M in disclosed volume. The headline deal: 6321 JOHNSTON LLC paid $965K ($19.60/Land SF) for more than 1.1 acres of land at the corner of Johnston Street and Bellevue Plantation Road. Industrial led the week with four of the eight sales, including an industrial...
The March 3, 2025 issue covers ten commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $6.76M in disclosed volume. The headline deal: Loker LLC, a California-based company, paid $2.29M ($1,058.20/SF) for a Starbucks-occupied property right off Florida Boulevard and Airline Highway. Retail and industrial led the week with three sales each, while the TWRU accountant group...
Overall Dollar Volume is up 2.21% The trailing 12 month total dollar volume of sales was $144.6M at the end of Jan 2025 vs. $141.5M at the end of the prior month. Overall Deal Velocity is down 5.32% The trailing 12 month sale count was 89 at the end of Jan 2025 vs. 94 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Ascension-Parish-LA-January-2025.pdf" attachment_id="14189"...
Overall Dollar Volume is up 2.25% The trailing 12 month total dollar volume of sales was $403.0M at the end of Jan 2025 vs. $394.2M at the end of the prior month. Overall Deal Velocity is up 1.45% The trailing 12 month sale count was 349 at the end of Jan 2025 vs. 344 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Baton-Rouge-LA-January-2025.pdf" attachment_id="14190"...
Overall Dollar Volume is down 10.07% The trailing 12 month total dollar volume of sales was $267.5M at the end of Jan 2025 vs. $297.5M at the end of the prior month. Overall Deal Velocity is down 1.0% The trailing 12 month sale count was 298 at the end of Jan 2025 vs. 301 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Lafayette-LA-January-2025.pdf" attachment_id="14192"...
Overall Dollar Volume is down 4.85% The trailing 12 month total dollar volume of sales was $787.4M at the end of Jan 2025 vs. $827.5M at the end of the prior month. Overall Deal Velocity is down 3.81% The trailing 12 month sale count was 505 at the end of Jan 2025 vs. 525 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-New-Orleans-LA-January-2025.pdf" attachment_id="14191"...
The February 24, 2025 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.1M in disclosed volume. The headline deal: 1770 TCHOUPITOULAS, INC. paid $8.07M ($78.84/SF) for a mixed-use property of three buildings, including an apartment complex and a storage facility, at 1770 Tchoupitoulas Street. Retail led the week with four of the...
The February 24, 2025 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $4.63M in disclosed volume. The headline deal: OIL PATCH REAL ESTATE HOLDINGS LLC paid $1.85M ($154.17/SF) for a newly constructed industrial property in the Garber Industrial Park in Broussard. Land led the week with four of the eight sales, including more than 3.8 acres...
The February 24, 2025 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $4.33M in disclosed volume. The headline deal: GDE Tiger Drilling LLC, an Oakdale-based entity, paid $1.9M ($0.19/Land SF) for 235+ acres of land on Mount Pleasant Road in Zachary. Land led the week with three of the nine sales, while the...
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