News

26 Aug The Pulse: $10m+ Hospitality Sale

Posted at 12:00h 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 6080 Bluebonnet Blvd $6,046,321 Buyer: Maruti Investments 1, LLC $47,987/unit Elifin's Notes: The Hyatt Place hotel located near I-10 across Bluebonnet Blvd from the Mall of Louisiana sells to investor who also purchased TownePlace Suites by Marriott off Summa Ave on the same day. 8735 Summa Ave $4,095,007 Buyer: Maruti Invesments II, LLC $45,500/unit Elifin's...

23 Aug Preparing to Buy Your First Multifamily Property

Posted at 17:21h in Elifin Weekly, Insights, Investments, Multifamily by Mark Segalla, Multifamily Specialist 0 Comments

Have you been thinking of buying a multifamily property? Finally ready to take the plunge? It can be as daunting as it is exciting. Remember, there are a multitude of things that you should consider prior to buying a multifamily property, especially if you plan to use the property for investment purposes as the multifamily sector can be incredibly lucrative....

19 Aug The Pulse – $8.5m Office Sale on Sherwood + BTR Airport Expanding Boundary

Posted at 12:00h 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 4000 S Sherwood Forest Blvd $8,525,000 Buyer: 4000 Sherwood LLC & Sherwood 4 LLC $109/SF Elifin's Notes: Iconic South Sherwood Forest Blvd office building sold to investors, David Divincenti, Jr and Patrick Cusick. 2623 Government St $660,000 Buyer: RKB Investments LLC $103/SF Elifin's Notes: Investment group purchases Taylor Clark building in mid-city. 12481,12483 Warfield Ave $107,000 Buyer:...

16 Aug Taylor Clark Gallery Building on Government Street Sold – New Business Coming Soon

Posted at 16:36h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF August 16, 2019 - Baton Rouge, LA — Mathew Laborde, President & CEO at Elifin Realty, has announced the sale of the property located at 2623 Government Street in Baton Rouge. The building, originally constructed in the 1960’s, was designed by renowned architect A. Hays Town. Since its construction, Taylor Clark Gallery has occupied the building and the property is...

15 Aug Historic Downtown Building, Built in 1850, Brought to Market by Elifin Realty

Posted at 16:06h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF August 15, 2019 - Baton Rouge, LA — Elifin Realty has announced that it has listed the historic, 169-year-old property located at 232 Lafayette St in Downtown Baton Rouge. The two-story building, built in 1850, is rich with traditional design and unique character. As its original brick construction and metal beams remain, the property is currently the perfect template for...

14 Aug How To Save Money When Re-Signing Your Office Lease

Posted at 17:10h in Business, Elifin Weekly, Insights, Leasing, Office by George Bonvillain, Office Specialist 0 Comments

For most businesses, the primary office space is a hub, home base and vital part of daily operations. However, leasing an office can be a company’s largest business expense. So, when it comes to re-signing your office lease it is important to be prepared. The following 5 tips will not only help you when re-signing your office lease but allow...

12 Aug The Pulse #31

Posted at 12:00h 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 Staring Ln__Tracts 1-46 $2,985,400 Buyer: Alvarez Construction Co LLC $4.57/SFofLand Elifin's Notes: Alvarez Construction purchases land on Staring Ln near Highland Rd for their Fieldstone Park development, a gated, residential community. Sherwood Forest Blvd__2834 S (Suite B6) $100,000 Buyer: Haby Sall $55.56/SF Elifin's Notes: Dakar African Hair Braiding owners purchase their retail space in...

09 Aug Elifin Realty Brings Ascension Townhomes Apartment Complex To Market

Posted at 12:23h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF August 9, 2019 - Baton Rouge, LA — Elifin Realty’s Multifamily Division is pleased to bring to market a forty-eight-unit apartment complex in Ascension Parish. Ascension Townhomes is a twelve-building apartment complex located on Cannon Road, just off of S Burnside Ave (Highway 44) in Gonzales, LA. Each unit in the complex contains two beds / one-and-a-half baths, and the complex...

07 Aug What Is Driving The Demand For Industrial Real Estate?

Posted at 16:32h in Commercial, Elifin Weekly, Industrial, Insights by Mathew Laborde, CCIM 0 Comments

The industrial real estate market has been on quite a roll for the past few years and the outlook remains strong. According to the World Economic Forum, the industrial and manufacturing industries are on an upswing that has not been seen for more than 100 years — a “fourth revolution”, so to speak. With new and exciting innovations in science, commerce,...

05 Aug The Pulse #30

Posted at 12:00h 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 Oak Villa Blvd__Tract 27-A-1-B-1 $238,000 Buyer: Jason Christopher Hornsby $2.83/SFofLand Elifin's Notes: Jason Hornsby, President of Vector Sales, purchases land on the corner of S Choctaw Dr and Oak Villa Blvd. 10440 Hooper Rd $350,000 Buyer: Oceguera Properties LLC $55/SF Elifin's Notes: Property with 2,400 SF office building and 4,000 SF warehouse sold in...