News

18 Dec The Pulse NOLA: Vacant shopping center sells for 1.8mm

Posted at 09:10h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1075 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $2,000,000 ($104.31 / SF) Buyer: D&J PETERS ROAD PROPERTIES LLC Elifin's Notes: A local entity purchases the former Chevron Harvey Terminal industrial property which includes two buildings on 7+ acres of land 1951 Ames Blvd, Marrero, LA 70072 Type: Retail Price: $1,800,000 ($62.50...

11 Dec The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

Posted at 08:48h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1015 W Pinhook Rd, Lafayette, LA 70503 Type: Hospitality Price: $2,275,000 ($45,500 / Unit) Buyer: OM SHANTI OM ELEVEN LLC Elifin's Notes: Local hotel owners purchase the Clarion Pointe Hotel along West Pinhook near the Oil Center 8500BLK Cameron St, Duson, LA 70529 Type: Land Price: $1,018,300 ($0.12 / Land SF) Buyer: MORSAM PROPERTIES...

11 Dec The Pulse NOLA: Local investors purchase retail in the CBD

Posted at 08:45h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2502 Magnolia St, New Orleans, LA 70113 Type: Industrial Price: $800,000 ($40.93 / SF) Buyer: 2502 MAGNOLIA ST LLC Elifin's Notes: An industrial warehouse property changes hands in the Central City area 717 Common St, New Orleans, LA 70130 Type: Retail Price: $500,000 ($94.34 / SF) Buyer: 717 COMMON PROPERTIES LLC Elifin's Notes: Local...

11 Dec The Pulse BR: Baton Rouge International School campus sells for 4.2mm

Posted at 08:45h 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 5015 Autoplex Dr, Baton Rouge, LA 70809 Type: Specialty Price: $4,200,000 ($160.61 / SF) Buyer: Ryan Jumonville Elifin's Notes: Former Baton Rouge International School campus sells to Ryan Jumonville, a Florida-based real estate investor who recently purchased a large 4 building industrial complex on S Choctaw Dr. 6515 Greenwell Springs...

06 Dec Why are we giving $20,000 to one of our agents?

Posted at 17:17h in Content by ELIFIN® 0 Comments

The values of a company are often reflected in its incentives. At ELIFIN®, our decision to award $20,000 to the agent with the most prospects speaks volumes about our priorities. For us at ELIFIN®, giving $20,000 to one of our agents – specifically, the one who prospects the most – communicates a great deal about our company and what we hold...

05 Dec We’re giving one of our agents $20,000

Posted at 16:27h in Content by ELIFIN® 0 Comments

As CRE Agents, prospecting is a major part of our business. A great CRE agent is continually planting seeds and building relationships with buyers, tenants, and owners within their specialty. For sellers and landlords, hiring a brokerage firm that consistently and proactively prospects can be the difference from their property sitting on the market for years, or being sold / leased...

05 Dec ELIFIN® Announces Expansion to Lafayette, Louisiana

Posted at 08:17h in News, Press Releases by ELIFIN® 0 Comments

December 5th, 2023 – ELIFIN®, a commercial real estate brokerage firm with locations in Louisiana and Ohio is excited to announce the opening of its office in Lafayette, Louisiana. This strategic expansion is the firm’s fourth office. “The demand for us to do business in Acadiana from our existing clients and prospective clients has increased exponentially indicating that it was clearly...

04 Dec The Pulse LFT: Lafayette Parish School Board purchases two properties

Posted at 09:23h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 301 Rue Beauregard, Lafayette, LA 70508 Type: Office Price: $1,000,000 ($166.67 / SF) Buyer: LAFAYETTE PARISH SCHOOL BOARD THE Elifin's Notes: The Lafayette Parish School Board purchases a multi-suite office property near the intersection of East Kaliste Saloom Road and South College Road 307 Rue Beauregard, Lafayette, LA 70508 Type: Land Price: $585,000...

04 Dec The Pulse NOLA: Lucky Inn Motel along Iberville St sells

Posted at 09:19h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2625 Iberville St, New Orleans, LA 70119 Type: Hospitality Price: $2,800,000 ($93,333 / Unit) Buyer: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC Elifin's Notes: The New Orleans Women & Children's Shelter, Inc. purchases the newly renovated Lucky Inn Motel along Iberville Street 6541 I 10 Service Rd, New Orleans, LA...

04 Dec The Pulse BR: Shipley Do-Nuts anchored retail center sells on Essen Lane

Posted at 09:18h 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 5565 Essen Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,375,000 ($278.34 / SF) Buyer: By & Bette Office LLC Elifin's Notes: Local Baton Rouge investors purchase the Shipley Do-Nuts anchored retail center on Essen Lane. 8280 YMCA Plaza Dr, Building 5, Baton Rouge, LA 70810 Type: Office Price: $820,000 ($210.53 /...