The December 23, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.1M in disclosed volume. The headline deal: METALS USA PLATES&SHAPES INC paid $4.3M ($47.19/SF) for the industrial warehouse property at 550 Modern Farms Road in Westwego, adjacent to its current location. Industrial and retail led the week with three of...
The December 23, 2024 issue covers fifteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $10.1M in disclosed volume. The headline deal: Dynacord Holdings LLC paid $2.6M ($106.74/SF) for the former Unitech Training Academy property on Coursey Boulevard, behind the Home Depot. Industrial led the week with six of the fifteen sales, while Jetts Enterprises bought...
The December 23, 2024 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $12.8M in disclosed volume. The headline deal: FVR LOUISIANA LLC paid $6.52M ($374.75/SF) for the healthcare property occupied by Saint Joseph Hospice on West Pinhook Road. Retail led the week with three of the nine sales, including a gas station and convenience store near...
The December 16, 2024 issue covers six commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $2.93M in disclosed volume. The headline deal: Rubin, Frederic P, an individual investor, paid $925K ($632.69/SF) for the Take 5 Oil Change property on O'Neal Lane. Land led the week with three of the six sales, including a 106+ acre parcel...
The December 16, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $9.14M in disclosed volume. The headline deal: RAZZ HALILI TRUST paid $2.56M ($551.49/SF) for a fishing charter and lodging property at 5057 Kenal Road in Lafitte, a purchase by a Texas-based restaurateur. Retail led the week with three of the...
The December 16, 2024 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $1.96M in disclosed volume. The headline deal: MAGGIE CONCEPT INC paid $750K ($378.79/SF) for a convenience store with a gas station at the intersection of Southwest Evangeline Thruway and East Pinhook Road. Retail, industrial and land each accounted for two of the seven sales,...
Overall Dollar Volume is down 7.52% The trailing 12 month total dollar volume of sales was $318.9M at the end of Nov 2024 vs. $344.8M at the end of the prior month. Overall Deal Velocity is down 7.25% The trailing 12 month sale count was 307 at the end of Nov 2024 vs. 331 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Lafayette-LA-November-2024.pdf" attachment_id="13527"...
Overall Dollar Volume is up 3.39% The trailing 12 month total dollar volume of sales was $832.0M at the end of Nov 2024 vs. $804.7M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 521 at the end of Nov 2024 vs. 512 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-New-Orleans-LA-November-2024.pdf" attachment_id="13534"...
Overall Dollar Volume is up 5.74% The trailing 12 month total dollar volume of sales was $435.7M at the end of Nov 2024 vs. $412.0M at the end of the prior month. Overall Deal Velocity is up 3.58% The trailing 12 month sale count was 347 at the end of Nov 2024 vs. 335 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Baton-Rouge-LA-November-2024.pdf" attachment_id="13532"...
The December 9, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $3.82M in disclosed volume. The headline deal: BRAEDEN INDUSTRIES LLC paid $1.43M ($119.17/SF) for an industrial warehouse property on Dairy Lane in Broussard. Industrial led the week with three of the five sales, including a warehouse on more than two acres on East Pinhook...
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