News

The Pulse BR: City of Baton Rouge purchases church campus for 1mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11203 Proverbs Ave, Baton Rouge, LA 70816 Type: Industrial Price: $1,200,000 ($15.08 / SF) Buyer: Waring Oil Company LLC Elifin's Notes: Waring Oil Company purchases property from Lavigne Oil near Coursey Blvd. 10957 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Specialty Price: $1,000,000 ($129.87 / SF) Buyer: The City of...

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What’s the best way for teams to build trust? Here’s how we do it at ELIFIN®

[embed]https://youtu.be/dDrZzO_qm9I[/embed] George: The way we've been able to build trust is through repeated and consistent execution. What that means is that every day, every week—year after year—all parts of the machine are humming as one seamless system. From the front end to the middle, to processing, to listings, to marketing, to recruiting, everyone knows their role. When you see people perform...

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The Pulse LFT: Local developer purchases 17 acres along Ridge Road

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 BLK Ridge Rd, Lafayette, LA 70506 Type: Land Price: $1,000,350 ($1.31 / Land SF) Buyer: BELLE VIEW SUBDIVISION PHASE 4 LLC Elifin's Notes: Local developer purchases 17+ acres of vacant land along Ridge Road. 1702 E Simcoe St, Lafayette, LA 70501 Type: Retail Price: $440,000 ($200.00 / SF) Buyer: CAJUN GETAWAY VILLAGE LLC...

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The Pulse NOLA: Hollywood Park Apartments sell for 4.25mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4000 Westbank Expy, Marrero, LA 70072 Type: Multifamily Price: $4,250,000 ($60,714 / Unit) Buyer: 4000 HOLLYWOOD APARTMENTS LLC Elifin's Notes: Hamdan Sons Investments, via a separate entity, purchases the Hollywood Park Apartments, 70-units, in Marrero. 3826 Magazine St, New Orleans, LA 70115 Type: Retail Price: $1,150,000 ($420.17 / SF) Buyer: DECADE LLC Elifin's Notes:...

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The Pulse BR: Assured Flooring purchases new HQ

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11962 Lakeland Park Blvd, Baton Rouge, LA 70809 Type: Industrial Price: $1,635,000 ($87.03 / SF) Buyer: Diniz Design, Inc Elifin's Notes: Diniz Design purchases the company's facility on Lakeland Park Blvd. 10530 Airline Hwy, Baton Rouge, LA 70816 Type: Industrial Price: $1,200,000 ($47.07 / SF) Buyer: JPR MEMBERS, LLC Elifin's Notes: Assured...

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The Market Minute: Baton Rouge Land July 2024

[embed]https://youtube.com/shorts/aKu-4ofXg9s?si=24V6LjbkeHAkt3y2[/embed] Peter: Hey Fabian, how's it going? Fabian: Peter, you're on the ELIFIN® Market Minute, my friend. How's the land market in Baton Rouge? Peter: The land market in Baton Rouge is pretty steady if you look at long-term value. But as for recent trends, we've seen values dip a little bit this year due to crazy construction costs and high interest rates....

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