News

29 Jan The Pulse BR: Former Sammy’s Grill location in Prairieville sells

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

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 /...

25 Jan Market Report – New Orleans, LA – December 2023

Posted at 10:02h in Market Report: New Orleans, Research by ELIFIN® 0 Comments

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...

25 Jan Market Report – Baton Rouge, LA – December 2023

Posted at 10:00h in Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

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...

25 Jan Cornerstone Flooring Companies Acquires New Headquarters at 2105 Oak Villa Blvd

Posted at 09:35h in News, Press Releases by ELIFIN® 0 Comments

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...

22 Jan The Pulse LFT: 36+ acres near Verot School Rd sell for 2.9mm

Posted at 09:50h 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 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...

22 Jan The Pulse NOLA: Nursing home in Harvey sells for 5.3mm

Posted at 09:43h 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 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...

22 Jan The Pulse BR: Government Street building sells for 222 PSF

Posted at 09:42h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

15 Jan The Pulse LFT: Le Béni Grand event venue property sells

Posted at 09:34h 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 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...

15 Jan The Pulse NOLA: West Jefferson Health Care Center property in Harvey sells

Posted at 09:18h 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 1020 Manhattan Blvd, Harvey, LA 70058 Type: Healthcare Price: $5,170,967 ($166.18 / SF) Buyer: 1020 MANHATTAN LLC Elifin's Notes: The former West Jefferson Health Care Center property, in Harvey, sells to an Indiana-based entity 3001 17th St, Metairie, LA 70002 Type: Office Price: $4,100,000 ($116.15 / SF) Buyer: SIL HOLDINGS LLC Elifin's Notes: A...

15 Jan The Pulse BR: 7+ acres sell along Hwy 30 near Airline Hwy

Posted at 09:16h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract A-1-A E Hwy 30, Gonzales, LA 70737 Type: Land Price: $1,000,000 ($3.00 / Land SF) Buyer: EARL DEMPSEY PENDARVIS JR LIVING TRUST Elifin's Notes: A 7+ acre tract of vacant land sells along Highway 30 near Airline Highway 11522 Florida Blvd, Baton Rouge, LA 70815 Type: Retail Price: $770,000...