News

The Pulse LFT: UL Board of Supervisors purchases former restaurant property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1933 Youngsville Hwy, Youngsville, LA 70592 Type: Industrial Price: $1,875,000 ($70.45 / SF) Buyer: HIGH END AUTOMOTIVE LLC Elifin's Notes: High-End Automotive purchases their location along the Youngsville Highway. 1540 Johnston St, Lafayette, LA 70503 Type: Retail Price: $510,000 ($195.63 / SF) Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM Elifin's Notes:...

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The Pulse LFT: Youngsville industrial property sells for 3.98mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 512 Viaulet Rd, Youngsville, LA 70592 Type: Industrial Price: $3,977,125 ($235.79 / SF) Buyer: TRW HOLDINGS LLC Elifin's Notes: An industrial building with both office and warehouse space sells in Youngsville. 102, 104 Patriot Ave, Lafayette, LA 70508 Type: Land Price: $1,943,000 ($10.33 / Land SF) Buyer: LAFAYETTE REHAB PROPERTY LLC Elifin's Notes: A group...

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The Pulse NOLA: Bank of Louisiana building sells in the CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...

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The Pulse BR: Stanton’s Appliance purchases N Sherwood facility

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 13779 Airline Hwy, Baton Rouge, LA 70817 Type: Industrial Price: $1,600,000 ($101.59 / SF) Buyer: ChillCo Inc Elifin's Notes: ChillCo purchases Airline Hwy industrial properties. 2450 N Sherwood Forest Dr, Baton Rouge, LA 70815 Type: Industrial Price: $600,000 ($30.00 / SF) Buyer: Stanton's Appliance Sales & Service Inc Elifin's Notes: Stanton's Appliance...

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Apprentice Questions: Common Mistakes

Today's Question is for Peter Laville, Land Specialist in Baton Rouge, Louisiana. [embed]https://youtube.com/shorts/ojy4Cl8WDAs?feature=share[/embed] What is one mistake you commonly see brokers make when they're just starting out? Peter Laville: I can't really speak to other brokers and their mistakes, but I can tell you the mistakes I made when I was first starting out. Two big ones: When I was cold calling, I...

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LSU Fall Business Reception 2024

Are you an LSU student interested in Commercial Real Estate? LSU Tigers! Don’t miss your chance to talk about Careers in Commercial Real Estate. George, LSU Alum and ELIFIN® Head of Recruitment and Talent Acquisition will be at the Fall Business Networking Reception on September 24th. [embed]https://youtube.com/shorts/vpA1TkrBvig[/embed] - About the ELIFIN® Apprenticeship Program You are an ideal candidate for this position if you are ambitious, hard-working,...

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The Three E’s of Social Media with Mo Regalado

Why Crexi is Crushing It on Social Media in Commercial Real Estate [embed]https://youtu.be/kObBVXv9AWY[/embed] Mo Regalado: Crexi is doing an amazing job on social media, hitting the three E's, which is they are entertaining, they’re engaging, and that it’s educational. Like pretty much everything that they put out, I learn something new from it, and that’s absolutely important when it comes to creating...

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The Pulse LFT: Chateaus development purchased by Chicago-based company

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 727 Malapart Rd, Lafayette, LA 70507 Type: Multifamily Price: $23,435,000 ($209,241 / Unit) Buyer: SFR KL MS BORROWER I LLC Elifin's Notes: Kairos Living, a Chicago-based property management company, purchases The Chateaus, a single family rental home development in Scott. 2010 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $2,595,972 ($408.81 /...

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The Pulse NOLA: Former OnPath Federal Credit Union properties sell

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5508 Citrus Blvd, New Orleans, LA 70123 Type: Office Price: $5,870,000 ($233.44 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location. 1554 Westbank Expy, Westwego, LA 70094 Type: Office Price: $3,020,000 ($431.43 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases...

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