A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1909 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Hospitality Price: $13,750,000 ($129,717 / Unit) Buyer: OM SHANTI OM TWELVE LLC Elifin's Notes: In one of two acquisitions this past week, Om Shanti Om LLC, a hotel investment group, purchases the Home2 Suites within the Parc Lafayette Center 201 Kaliste Saloom Rd,...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4140 Williams Blvd, Kenner, LA 70065 Type: Office Price: $1,450,000 ($148.26 / SF) Buyer: AMERICAN NATIONAL RED CROSS Elifin's Notes: The American National Red Cross acquires an office building on Williams Boulevard near the Pontchartrain Convention Center 3121 21st St, Metairie, LA 70002 Type: Office Price: $900,000 ($112.50 / SF) Buyer: Morris Brett...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2105 Oak Villa Blvd, Baton Rouge, LA 70815 Type: Industrial Price: $4,700,000 ($97.66 / SF) Buyer: Lloyd Properties, LLC Elifin's Notes: Cornerstone Flooring purchases building on the corner of Oak Villa and S Choctaw Dr for its headquarters. 16400 Airline Hwy, Prairieville, LA 70769 Type: Retail Price: $4,200,000 ($420.00 /...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is up 3.66% The trailing 12 month total dollar volume of sales was $645.0M at the end of Dec 2023 vs. $622.3M at the end of the prior month. Overall Deal Velocity is up 1.79% The trailing 12 month sale count was 397 at the end of Dec 2023 vs. 390 at the end of the prior...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is up 11.25% The trailing 12 month total dollar volume of sales was $613.4M at the end of Dec 2023 vs. $551.4M at the end of the prior month. Overall Deal Velocity is up 0.71% The trailing 12 month sale count was 428 at the end of Dec 2023 vs. 425 at the end of the prior...
January 25, 2024 - Baton Rouge, LA – Alex Ruch, Senior Associate - Industrial Sales & Leasing at ELIFIN®, is proud to announce the successful acquisition of 2105 Oak Villa Blvd by Cornerstone Flooring Companies. The property, comprising approximately 48,125 sqft of office, production, and warehouse space on 6.3 acres, is set to become the new flagship headquarters for Cornerstone...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcels 1, 2 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $2,952,000 ($1.85 / Land SF) Buyer: CAMELLIA VENTURE LLC Elifin's Notes: Camellia Venture LLC purchases two adjacent parcels, Parcel 1 (8+ acres) and Parcel 2 (28+ acres), of vacant land within a larger parcel where E Bluebird Dr...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2233 8th St, Harvey, LA 70058 Type: Healthcare Price: $5,320,858 Buyer: 2233 EIGHTH LLC Elifin's Notes: The Maison De'ville Nursing Home in Harvey sells to an Indiana-based entity 2941 Royal St, New Orleans, LA 70117 Type: Retail Price: $3,000,000 ($85.76 / SF) Buyer: Eternal Seeds, Inc Elifin's Notes: An entity led by a New...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4041 Government St, Baton Rouge, LA 70806 Type: Office Price: $975,000 ($221.59 / SF) Buyer: Wong Assets LLC Elifin's Notes: Local investors purchase Mid City office building on Government St. 2725 Bern Dr, Baton Rouge, LA 70814 Type: Industrial Price: $920,000 ($125.17 / SF) Buyer: Reeb Rigging LLC Elifin's Notes: Reeb Rigging...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 717 Duhon Rd, Lafayette, LA 70506 Type: Retail Price: $400,000 Buyer: H & H CAO INVESTMENT LLC Elifin's Notes: A former church, turned Le Béni Grand event venue, property changes hands near the intersection of Duhon Road and West Broussard Road 424 E Vermilion St, Lafayette, LA 70501 Type: Retail Price: $330,000 ($220.00...
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